1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) continues to monitor the domestic financial market conditions amidst key global developments, namely the outcome of the recent US election and concerns surrounding China’s economic growth prospects.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.
1y ago
DUBAI, Nov 19 (Bernama) -- The 2024 Malaysia International Halal Showcase expo in Dubai (MIHAS@ Dubai 2024) can exceed the initial export sales target of RM1 billion, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
1y ago
From Samantha Tan Chiew Tieng
BAKU (Azerbaijan), Nov 19 (Bernama) -- Tenaga Nasional Bhd (TNB) is committed to supporting Malaysia’s energy transition goals under the National Energy Transition Roadmap (NETR), which aims to achieve net-zero carbon emissions by 2050.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s call for a shift towards ‘equitable and humane trade’ and the deepening of trade ties at the recent Asia-Pacific Economic Cooperation (APEC) meeting in Lima, Peru, are critical strategies to navigate challenges facing multilateralism and trade globalisation.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).
1y ago
NAIROBI (Kenya), Nov 16 (Bernama) -- Long-haul low-cost carrier AirAsia X Bhd (AAX) has made its inaugural direct flight from Kuala Lumpur to Nairobi, Kenya on Nov 15, 2025, marking its first foray into East Africa with a nearly 90 per cent passenger load factor.
1y ago
From M. Saraswathi
LIMA (Peru), Nov 16 (Bernama) -- The Asia-Pacific Economic Cooperation (APEC) must recognise the potential of non-traditional alliances such as the African Union, Latin America and BRICS, according to Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The decision by several international institutions to revise Malaysia's economic growth projections reflects their confidence in the country's prospects for the year, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy.