MEF Welcomes Government’s Timely Push For Stronger Business Ecosystem

KUALA LUMPUR Feb 3 (Bernama) -- The Malaysian Employers Federation (MEF) said the government’s push for tougher rules, stronger enforcement and a more supportive business ecosystem is timely amid intensifying global competition on the domestic front.

Ringgit Ends Higher Vs US Dollar, Regional Currencies on Continued Optimism On Malaysia's Growth

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.

Malaysia Positioned As Key Entry Point For India’s Regional Trade Expansion -- Academician

KUALA LUMPUR, Feb 3 (Bernama) -- India is increasingly viewing Malaysia as a strategic gateway to expand its economic footprint in Southeast Asia, using the country as a springboard to deepen trade and business engagement across the region, an academician said.

Gold, Silver Seen Bullish Despite Short-term Volatility -- MGA

KUALA LUMPUR, Feb 3 (Bernama) -- Gold and silver prices are expected to remain bullish over the mid- to long-term despite short-term volatility triggered by global macroeconomic and geopolitical developments, said Malaysia Gold Association (MGA) president Datuk Seri Louis Ng.

Companies Urged To Manage Currency Risks Amid Ringgit Movement -- Johari

KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Bursa Malaysia Stays Up At Midday On Buying Of Blue Chips

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia pared gains but stayed up at midday on persistent buying activities in selected heavyweight counters, especially in financial services, telecommunications and media.

Nuclear Energy Key To Meet Surging Global Power Demand -- Tech Futurist

HOUSTON, Feb 3 (Bernama) -- Nuclear energy should be part of the global solution to meet surging electricity demand while cutting carbon emissions, according to a technology (tech) futurist Pablos Holman.

Ringgit Opens Lower Against Greenback, Higher Vs Major Currencies

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as firmer US economic data lifted the greenback, but it was higher against other major currencies.

Independent Assessment Confirms KLIA Aerotrain System Functioning As Intended

SEPANG, Feb 2 (Bernama) -- Independent railway assessors have confirmed that the KL International Airport (KLIA) Aerotrain system is operating as intended, with service disruptions observed since commissioning being those commonly encountered during the early operational phase of complex rail systems.

Ringgit To Hold Firm In 3.93-3.96 Range Versus US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit is expected to maintain its momentum and trade within a range of 3.93 to 3.96 against the US dollar next week, as investors shift their focus to key United States economic data for direction.

Gold Futures Expected To Ease Next Week On Firmer US Dollar Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 31 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid firmer US dollar sentiment.

CPO Futures Expected To Trade With Bullish Bias Next Week

By K. Naveen Prabu

KUALA LUMPUR, Jan 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bullish bias next week amid signs of weaker output, a dealer said.