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Ringgit Closes Lower Vs USD On Import Tariff Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States (US) import tariff on steel and aluminium industries supported the greenback.

Turkiye To Strengthen Ties With Malaysia Through Technological Cooperation, Joint Production - Erdogan

PUTRAJAYA, Feb 10 (Bernama) -- Turkiye aims to strengthen relations with Malaysia by focusing on technological cooperation and joint production, said President Recep Tayyip Erdogan.

Keyfield International Secures RM56 Mln Work Orders From Petronas Carigali

KUALA LUMPUR, Feb 10 (Bernama) -- Keyfield International Bhd’s wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has accepted a work order award (WOA) in December 2024 and a work order extension (WOE) in November 2024, issued by Petronas Carigali Sdn Bhd.

Bursa Malaysia Ends Marginally Lower On Concerns Over Trump's Tariffs

KUALA LUMPUR, Feb 10 (Bernama) -- Gains in Axiata, Tenaga Nasional, and Maybank helped Bursa Malaysia’s main index pare earlier losses, ending marginally lower amid the ongoing concerns about US inflation and President Donald Trump’s reciprocal tariff threat.

Pantech Global Not Expected To Be Affected By US Tariffs On Steel, Aluminium

KUALA LUMPUR, Feb 10 (Bernama) -- Pantech Global Bhd is not expected to be affected by US President Donald Trump’s plan to impose a 25 per cent tariff on all steel and aluminium imports.

Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM

PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

Bursa Malaysia Pares Loss As Banking And Telecom Stocks Recover

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia pared losses mid-afternoon as telecom and banking counters continued their mild recovery.

KL Rubber Market Ends Lower, In Sync With Regional Market

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today, in tandem with the decline in the regional rubber futures markets amidst rising concerns over the United States (US) trade tariff decision, said a dealer.

Malaysia Continues To Attract Foreign Investment Due To Clear Policies -- PM Anwar

KUALA LUMPUR, Feb 10 (Bernama) -- The Malaysian government’s meeting with United Kingdom (UK)-based technology company Arm Ltd today proves that clear policies such as the National Semiconductor Strategy, along with the country’s other advantages, continue to make Malaysia a prime destination for foreign investment, said Prime Minister Datuk Seri Anwar Ibrahim.

Palm Oil Exports Slip 12.94 Pct To 1.17 Mln Tonnes In January - MPOB

KUALA LUMPUR, Feb 10 (Bernama) -- Malaysia’s palm oil exports in January 2025 slipped 12.94 per cent to 1.17 million tonnes from 1.34 million tonnes in December 2024, according to the Malaysian Palm Oil Board (MPOB).

SME Bank Approves RM3.6 Bln Funding In FY2024

KUALA LUMPUR, Feb 10 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has facilitated about RM3.6 billion in approved financing for the 2024 (FY2024) financial year, a 35.1 per cent increase from a year ago.

Malaysia's Construction Work Done Value Up 20.2 Pct In 2024 At RM158.8 Bln

KUALA LUMPUR, Feb 10 (Bernama) -- The value of construction work done in Malaysia in 2024 grew by 20.2 per cent to RM158.8 billion, according to the Department of Statistics Malaysia (DOSM).