Gamuda’s Order Book Set To Rise 11 Pct with Sungai Perak Water Project

KUALA LUMPUR, Feb 6 (Bernama) -- Gamuda Bhd’s participation in the Sungai Perak Raw Water Transfer Scheme (SPRWTS) development project could potentially bump up Gamuda’s outstanding order book by about 11 per cent to RM41.1 billion.

ASEAN Economic Ministers To Endorse 18 Priority Economic Deliverables At Upcoming Retreat

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 6 (Bernama) -- ASEAN Economic Ministers (AEM) are set to endorse 18 Priority Economic Deliverables (PEDs) at the upcoming AEM’s Retreat in Johor at the end of February, aiming to drive regional economic integration, inclusivity, sustainability and digital trade.

Khazanah Continues To Diversify, Strengthen Global Portfolio, Driving Value Creation For Malaysia - MD

KUALA LUMPUR, Feb 5 (Bernama) -- Khazanah Nasional Bhd will continue to diversify and strengthen its global portfolio in 2025 amid a not-so-easy and volatile global environment, managing director Datuk Amirul Feisal Wan Zahir said.

US Tariffs Deadline Lifts Ringgit At Close

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit settled higher against the US dollar on Tuesday, as the rollback of the United States (US) tariffs deadline on Mexico and Canada lifted global growth sentiment, said an analyst.

Malaysia Remains Committed To Being An Open Economy Amid US Policy Changes - Mohamad

KUALA LUMPUR, Feb 4 (Bernama) -- The government has reaffirmed its commitment to maintain Malaysia as an open economy that relies on international trade and is taking strategic steps to reconcile the country's interest with policy changes under the new United States (US) administration.

OPEC+ To Bring Back 5.8 Mln Bpd Of Extra Crude Oil To Buffer Losses From Canada, Mexico

KUALA LUMPUR, Feb 3 (Bernama) -- There is room for the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to bring back an average of 5.8 million barrels per day (bpd) of extra crude oil in the event of significant supply disruptions from Canada and Mexico, assuming a similar level of utilisation in the past, according to Rystad Energy.

Ringgit Weakens As Fresh US Tariffs Stoke Global Trade Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit weakened against the US dollar today as market sentiment deteriorated following United States President Donald Trump's latest tariff announcements targeting China, Canada and Mexico.  

UEM Acquires 1.5 Mln MAHB Shares At RM10.96 Per Share

KUALA LUMPUR, Jan 27 (Bernama) -- UEM Group Bhd acquired 1.5 million shares in Malaysia Airports Holdings Bhd (MAHB) at RM10.96 per share on Friday, Jan 24, 2025.

Ringgit Jumps To Near Three-Month High After Trump Softens Tone On China Tariffs

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit jumped to its highest level in almost three months against the US dollar at the close on Friday after US President Donald Trump adopted a softer tone on China tariffs and signalled that he wanted lower interest rates.

Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

AmBank: Malaysia's GDP Growth To Moderate To 4.6 Pct In 2025

KUALA LUMPUR, Jan 24 (Bernama) -- AmBank Group projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.6 per cent in 2025 compared to the estimated 5.0 per cent in 2024. 

Ringgit Opens Higher Against Greenback Amid Cautious Sentiment

By Karina Imran and Danni Haizal Danial Donald

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit opened higher against the US dollar as investors remained cautious due to higher-than-expected inflation and ahead of global central bank policy updates.