1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia's key index rose in opening trade on Wednesday, with the FBM KLCI expected to trade within the 1,615–1,625 points range ahead of two major events today - Bank Negara’s overnight policy rate (OPR) decision and the results of the US presidential election.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The government plans to leverage Sabah's local strengths and capabilities to attract investors in the high-tech manufacturing industry, with a focus on downstream activities.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), has introduced two new funds under the 12th Malaysia Plan (12MP), namely the Domestic Investment Accelerator Fund (DIAF) and the Foreign Investment Accelerator Fund (FIAF).
1y ago
BARCELONA, Nov 6 (Bernama) -- Malaysia plans to highlight its Digital City Initiative, which will be launched early next year at the Smart City Expo Kuala Lumpur 2025, showcasing innovative digital services and proof of concepts implemented.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit extended its gains against the US dollar at the opening on Wednesday, driven by improved sentiment ahead of Bank Negara’s (BNM) announcement on the overnight policy rate (OPR) later today.
1y ago
From Massita Ahmad
SHANGHAI, Nov 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has extended an invitation to Jiangsu Longda Superalloy Co Ltd to expand its business into Malaysia.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a four-day winning streak closing lower, taking the cue from the weakness in Chicago Board of Trade (CBOT) soybean oil futures, a dealer said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as the United States (US) election draws near.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist.
1y ago
SHANGHAI, Nov 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today officiated the Malaysia Pavilion at the seventh China International Import Export (CIIE) held at the National Exhibition and Convention Centre (NECC) in Shanghai, China.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- The oil and gas services and equipment (OGSE) sector should see the government’s robust energy transition policies as opportunities to expand, enter new markets and team up with international partners, said Ministry of Economy Secretary-General Datuk Nor Azmie Diron.