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KUALA LUMPUR, May 16 (Bernama) -- Almal Real Estate Development, the United Arab Emirates (UAE)-based developer, has announced its entry into Southeast Asia with the launch of its first international project, 'The One by Almal', in Bali, Indonesia.
KUALA LUMPUR, May 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of PT Asuransi Tokio Marine Indonesia (TMI).
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 16 (Bernama) -- The ringgit has continued its positive momentum, opening stronger against the US dollar this morning, ahead of Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) announcement today, an analyst said.
KUALA LUMPUR, May 15 (Bernama) -- The ringgit opened slightly lower against the US dollar as traders continue to observe the potential trade deal between the US and China, along with geopolitical risks, according to an economist.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 14 (Bernama) -- The ringgit closed firmer against the American dollar on Wednesday, supported by improved risk sentiment following a lower-than-expected US inflation reading and easing US Treasury yields.
KUALA LUMPUR, May 14 (Bernama) -- Keyfield International Bhd's wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has entered into a memorandum of understanding (MoU) with PT Elnusa Trans Samudera (ETSA) to explore and pursue marine services opportunities, primarily in the oil and gas sector and related industries across Indonesia.
KUALA LUMPUR, May 14 (Bernama) -- Malaysian palm oil stocks are expected to rise 15 per cent month-on-month (m-o-m) in May 2025 to 2.15 million tonnes, driven by higher output, according to CIMB Securities Sdn Bhd.
From Kisho Kumari Sucedaram
INNER MONGOLIA, May 14 (Bernama) -- Chinese dairy giant Yili Group is accelerating its regional presence in Asia, backed by strong financial results for the financial year 2024 (FY2024) and growing demand for dairy products across key Southeast Asian markets.
By Engku Shariful Azni Engku Ab Latif and Harizah Hanim Mohamed
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar today, as easing US-China trade tensions brought relief to the financial markets, reducing recession fears and boosting risk-on sentiment among the traders and investors, an analyst said.
From Muhammad Muzammil Abdullah
JEJU (South Korea), May 14 (Bernama) -- Minister of Investment, Trade and Industry (MITI), Tengku Datuk Seri Zafrul Aziz is leading Malaysia’s delegation to Jeju, South Korea as trade ministers from the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) are gathered for the 31st meeting.
From Sharifah Hunaini Syed Ismail
MOSCOW, May 13 (Bernama) -- The meeting between Prime Minister Datuk Seri Anwar Ibrahim and President Vladimir Putin will help Malaysia gain a clearer understanding of how it can transition from being a partner country to a full member of BRICS.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, supported by firmer soybean oil prices and easing United States (US)-China trade tensions, said palm oil trader David Ng.
