14d ago
KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia must shift its mindset from being primarily a trading nation to positioning itself as a technology nation, aligning capital, policy and industry to unlock the full potential of its existing advanced capabilities, said Deputy Finance Minister Liew Chin Tong today.
15d ago
By K. Naveen Prabu
KUALA LUMPUR, Jan 28 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by greater expectation of supply tightness, said a dealer.
15d ago
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.
16d ago
KUALA LUMPUR, Jan 27 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) said its outstanding short-term sukuk portfolio has reached a new record high of US$6.65 billion.
16d ago
By Karina Imran
KUALA LUMPUR, Jan 27 (Bernama) – Bank Negara Malaysia (BNM) views the country’s 2026 growth outlook as resilient and expects inflation to remain moderate.
16d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia’s benchmark index extended its rally to close at an intraday high of 1,771.25, marking a fresh multi-year high, supported by strong and sustained buying interest in blue-chip stocks.
16d ago
By K. Naveen Prabu
KUALA LUMPUR, Jan 27 (Bernama) -- The Kuala Lumpur rubber market ended lower today, tracking the downward movement in regional rubber futures and benchmark crude oil, said a dealer.
16d ago
By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
16d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia's initial public offering (IPO) market topped Southeast Asia by volume, with 59 IPOs raising US$1.4 billion (2024: 55 IPOs raising US$1.6 billion), mainly through the ACE Market (US$1 = RM3.96).
16d ago
LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
16d ago
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit traded at 3.9540 against the US dollar at the lunch break, marking a fresh high since May 15, 2018, when it last stood at the same level, and extending its run of fresh highs.
16d ago
KUALA LUMPUR, Jan 27 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI), together with its agencies such as the Malaysia External Trade Development Corporation and the Malaysian Investment Development Authority, is conducting a cost-benefit analysis (CBA) on the Agreement on Reciprocal Trade (ART) with the United States (US).