Ringgit Strengthens Against US Dollar As Rising Oil Prices Lift Sentiment
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.
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SMR 20 Rubber at 1 Week High Amid Stronger Regional Oil Markets
KUALA LUMPUR, Dec 26 (Bernama) -- The local Standard Malaysian Rubber 20 (SMR 20) market traded sharply higher to a one-week high mirroring regional rubber futures markets supported by gains in benchmark crude oil prices.
Malaysia's TIV For New Vehicle Sales Set To Fall To 755,000 Units In 2025 - CIMB Securities
KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.
Ringgit Opens Slightly Higher vs Greenback
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan’s stabilisation after the People’s Bank of China decided against cutting rates earlier this week, a move seen as a positive signal.
Batik Air Announces New Routes To Beijing And Changsha
KUALA LUMPUR, Dec 25 (Bernama) -- Batik Air has unveiled its latest route expansion, connecting travellers from Malaysia to Beijing and Changsha in China.
Malaysia’s November PPI Records Slower Decrease of 0.4 pct -- DOSM
KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).
AirAsia In Talks On Aircraft Purchases As Part Of Expansion Strategy
SEPANG, Dec 23 (Bernama) -- Capital A Bhd is in discussions with aircraft manufacturers Airbus, Embraer and Comac to purchase new aircraft as part of its expansion strategy for its airline operations under the AirAsia brand.
2024 A Transformative Year For Southeast Asia’s Automotive Sector -- Carsome
KUALA LUMPUR, Dec 23 (Bernama) -- Southeast Asia’s automotive industry experienced a major transformation this year, driven by a surge in electric vehicle (EV) adoption, the rise of Chinese automakers, and evolving consumer preferences, according to integrated car e-commerce platform Carsome.
ASEAN Chairmanship In 2025 Marks Pivotal Moment For Malaysia
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) -- In less than two weeks, Malaysia will take on the ASEAN chairmanship in January 2025, marking a pivotal moment for the country.
UnionPay-Weixin Partnership Expands Payment Options For International Visitors In China
KUALA LUMPUR, Dec 20 (Bernama) -- UnionPay International has recently collaborated with Weixin Pay, which enables users of international UnionPay-powered wallets to scan Weixin Pay payment codes in the Chinese mainland.
New Investment Incentive Framework: A Leap Towards High-Income Economy
By Zufazlin Baharuddin & Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 20 (Bernama) -- The New Investment Incentive Framework, announced in Budget 2025, marks Malaysia’s bold move to position itself as a high-income nation by prioritising high-value sectors, mainly in digitalisation and artificial intelligence (AI) within the digital economy.
Celebrating A Year Of Innovation: Qianhai’s Path To A Brighter Future
KUALA LUMPUR, Dec 20 (Bernama) -- The Overall Development Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Qianhai Plan) has marked its first anniversary since its release, showing significant progress in reform, innovation, and international integration.