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FBM KLCI Rebounds On Bargain Hunting In Banking, Telco Stocks

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.

Ringgit Slips Against US Dollar For The Second Consecutive Day

By Zarul Effendi Razali

KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit closed lower against the US dollar today, extending yesterday’s losses as bullish global economic outlook provided support for the greenback.

​​​​Ringgit Flat Against The Greenback In Early Trade 

KUALA LUMPUR, Jan 9 (Bernama) -- The ringgit opened flat against the strengthening US dollar on Thursday amid rising demand for the greenback following the release of the US Federal Reserve (Fed) minutes, said an analyst. 

Ringgit Ends Lower Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit retreated from yesterday’s gains to close lower against the US dollar on Wednesday, as positive data from the United States prompted investors to return to the greenback.

JS-SEZ: A New Chapter In Malaysia's Regional Economic Collaboration

By Nur Fadhliana Shaari

JOHOR BAHRU, 8 Jan (Bernama) -- The signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement yesterday marks a new chapter in Malaysia's collaborative efforts to drive regional economic development.

Penang Eyes Stronger Economic Ties With Tamil Nadu Via Goto 11

GEORGE TOWN, Jan 4 (Bernama) -- The Penang government is seeking to enhance economic, investment and business relations with India, particularly Tamil Nadu, through the 11th Global Organisation of Tamil Origin (GOTO) conference, which is being held for the first time outside the southern Indian state. 

Ringgit Likely To Trade On Softer Note Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.

Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- Bursa Malaysia is likely to remain cautious next week as investors are bracing for a cautious start to 2025, with eyes fixed on the US President Inauguration Day scheduled on Jan 20, said an analyst. 

Ringgit Extends Loss As Robust US Jobs Data Holds Greenback Near Two-year High

KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.

KPMG Malaysia Appoints Foong Mun Kong As Managing Partner

KUALA LUMPUR, Jan 2 (Bernama) -- KPMG Malaysia has appointed Foong Mun Kong as managing partner effective Jan 1, 2025.

Penang Records RM22.6 Bln Approved Investments Up To 3Q 2024

GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.