Ringgit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USD
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.
| LATEST NEWS | Super League: Penang FC 2-1 DPMM FC | GSF vessels are expected to enter high-risk zone tonight, potentially facing interception - SNCC DG | At 6 pm, the ringgit depreciated to 3.9515/9580 against the greenback from 3.9300/9330 at Thursday’s close. | Responsible fiscal management has enabled the government to cushion the impact of higher global fuel prices, while continuing to support household spending and economic growth -- PM Anwar | Sustained economic growth momentum in the first quarter of 2026 reflects the MADANI government’s fiscal discipline and steady economic stewardship amid continued global instability -- MoF | |
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Labuan’s Megah Port Management Strengthens Govt Collaboration To Boost Operations
LABUAN, Sept 25 (Bernama) -- Labuan’s containerised port operator Megah Port Management Sdn Bhd (MPM) has increased collaboration with government agencies to ensure seamless port operations.
Hong Kong’s New Regulatory Framework To Improve Enterprise Risk Management Practices - AM Best
KUALA LUMPUR, Sept 25 (Bernama) -- Hong Kong’s new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among the (re)insurers doing business there, according to a new AM Best report.
Zoran Vasiljev Joins Xsolla To Drive Global Expansion
KUALA LUMPUR, Sept 25 (Bernama) -- Xsolla, a global video game commerce company, announced the appointment of Zoran Vasiljev as its Senior Vice President of Global Strategic Partnerships, effective Oct 1.
CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next Week
KUALA LUMPUR, Sept 25 (Bernama) -- CIMB Securities Sdn Bhd expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum for the second 5G network (under Entity B) next week, two months after the telcos’ submission of applications on July 31.
LYB Obtains Renewable Electricity Capacity To Reach 2030 Goal
KUALA LUMPUR, Sept 25 (Bernama) -- LyondellBasell (LYB), a leader in the global chemical industry, has signed a power purchase agreement (PPA) with Eneco N.V., bringing its total secured renewable electricity capacity to 100 per cent of its renewable electricity procurement target.
ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific
JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.
Bursa Malaysia Opens Higher On Strong Global Sentiment
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia extended its positive momentum this morning, buoyed by favourable global market sentiment, according to an analyst.
Magma Proposes Capital Reduction, Land Acquisition, Amendment Of Group's Constitution
KUALA LUMPUR, Sept 24 (Bernama) -- Magma Group Bhd (formerly known as Impiana Hotels Bhd) has proposed to undertake a reduction of its share capital pursuant to Section 116 of the Companies Act, 2016.
Penang Records RM411.8 Mln Approved Manufacturing Investments From China
GEORGE TOWN, Sept 24 (Bernama) -- Penang recorded approved manufacturing investments totalling RM411.8 million from China in the first half of this year, said Chief Minister Chow Kon Yeow.
Siemens Mobility, DMIA Sign MoU For Digital Transformation Of National Railway System
KUALA LUMPUR, Sept 24 (Bernama) -- Siemens Mobility Sdn Bhd and Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) have signed a memorandum of understanding (MOU) in efforts to digitise the railway system in Malaysia and improve the country's rail services.