1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- BMI, a unit of Fitch Solutions, expects Malaysia to see the strongest liquefied natural gas (LNG) production growth in the short and medium term when feed gas supplies from greenfield gas projects become available.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst.
1y ago
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.
1y ago
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.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their upward trend to close higher for the fifth consecutive day although the gains were smaller, nearly half of yesterday’s on the most active December contract.
1y ago
From Vijian Paramasivam
PHNOM PENH, Sept 24 (Bernama) -- AirAsia Cambodia announced a strategic move to launch its new Siem Reap to Singapore route by targeting the year-end rising passenger traffic that will help to spur the domestic aviation sector.
1y ago
LABUAN, Sept 22 (Bernama) -- Labuan-based Sabah state government-linked company (GLC) Asian Supply Base Sdn Bhd (ASB) has marked a significant international milestone by securing its first international client, the Philippines’ Prime Energy Resources Development BV.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit has continued to strengthen against the US dollar, hitting a 28-month high versus the greenback after the United States (US) Federal Reserve (Fed) kept to its words and delivered a 50-basis points interest rate cut last night,
1y ago
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point.
1y ago
KUALA LUMPUR, Sept 18 (Bernama) -- Insurers and takaful operators must expand their capacity and readiness to reduce critical protection gaps and strengthen financial safety nets, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Global credit rating agency, AM Best has revised its outlook on Taiwan’s non-life insurance segment to stable from negative, citing a recovery of capital strength among carriers in 2023 following sizeable pandemic-related losses in the previous year.