17d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.
17d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog Financial Action Task Force and Asia/Pacific Group on Money Laundering said Malaysia has recorded significant asset recovery through clear emphasis at policy and operational levels, resulting in a 15-fold increase since the 2015 mutual evaluation report, totalling RM37.63 billion in assets.
18d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.
18d ago
KUALA LUMPUR, Dec 11 (Bernama) -- The United States (US) has never demanded or raised the issue of Bumiputera rights as one of the clauses in the Agreement on Reciprocal Trade (ART) between Malaysia and the US, said Deputy Minister of Investment, Trade and Industry, Liew Chin Tong.
18d ago
KUALA LUMPUR, Dec 11 (Bernama) -- Setting a tiered price for RON95 at RM2.10 or RM2.30 under the BUDI MADANI RON95 (BUDI95) programme after the 300-litre quota has been fully used will retain elements of inefficiency.
18d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 11 (Bernama) -- The full rollout of all five licensed digital banks in 2025 has reshaped Malaysia’s digital finance landscape, signalling a decisive shift toward a more inclusive and technology-enabled financial ecosystem.
18d ago
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).
18d ago
IPOH, Dec 10 (Bernama) -- Perak has already established a substantial renewable energy (RE) base and possesses clear potential for further expansion, said Sustainable Energy Development Authority (SEDA) chief executive officer Datuk Hamzah Hussin.
18d ago
KUALA LUMPUR, Dec 10 (Bernama) -- The government believes that renegotiating the Agreement on Reciprocal Trade Agreement (ART) between Malaysia and the United States is unnecessary at this time, said the Ministry of Investment, Trade and Industry (MITI).
18d ago
KUALA LUMPUR, Dec 10 (Bernama) -- The National Semiconductor Strategy (NSS) has attracted RM54.9 billion in investments and established six local integrated circuit design companies in the first half of 2025 (1H2025).
18d ago
KUALA LUMPUR, Dec 10 (Bernama) -- Malaysian palm oil stocks are projected to rise 3.0 per cent month-on-month (m-o-m) to 2.93 million tonnes in December 2025, as a modest 2.0 per cent m-o-m increase in exports will be insufficient to offset expected output, said CIMB Securities Sdn Bhd.
18d ago
KUALA LUMPUR, Dec 10 (Bernama) -- The government is confident that the country’s economic growth will reach the upper end of its targeted range, namely 4.8 per cent for 2025.