7m ago
GEORGE TOWN, June 23 (Bernama) -- The Penang state government hopes the federal government will consider sharing tax revenue to support the state’s development and social welfare programmes, especially considering the implementation of the revised and expanded Sales and Services Tax (SST) on July 1.
7m ago
GEORGE TOWN, June 23 (Bernama) -- InvestPenang, the state government's investment promotion agency, plans to engage with Intel to gain a clearer understanding of the current status and future direction of the tech giant’s investment in the state.
7m ago
KUALA LUMPUR, June 22 (Bernama) -- Malaysia’s discussions with the United States (US) Trade Representative and the US Secretary of Commerce on ongoing tariff-related negotiations have made good progress, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz
7m ago
By Zarul Effendi Razali
KUALA LUMPUR, June 22 (Bernama) -- It is indeed a sad state of affairs to note that the calm and peaceful Tehran I saw during a visit to Iran just last April has shockingly been shattered and turned into a war zone overnight.
7m ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 22 (Bernama) -- Economists are maintaining a cautious stance on Malaysia’s trade outlook this year due to persistent global tariff uncertainty, which is expected to weigh on the country’s trade and manufacturing performance.
7m ago
By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald
KUALA LUMPUR, June 21 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, tracking Wall Street’s performance as markets digest signals from the United States (US) Federal Open Market Committee (FOMC), said an analyst.
7m ago
By Zarul Effendi Razali
KUALA LUMPUR, June 21 Bernama) -- The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East, said an analyst.
7m ago
By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald
KUALA LUMPUR, June 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade cautiously next week, tracking the local bourse and Wall Street’s performances, an analyst said.
7m ago
By Zarul Effendi Razali
KUALA LUMPUR, June 20 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar on Friday, as the latest developments on the Iran-Israel war sparked some buying interest in emerging currencies, a dealer said.
7m ago
By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald
KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the week mixed with the benchmark index climbing 0.08 per cent, as bargain hunting emerged following the recent sell-off, said an analyst.
7m ago
KUALA LUMPUR, June 20 (Bernama) -- Malaysia's trade increased by 2.6 per cent in May 2025 to reach RM252.48 billion, marking the 17th consecutive month of year-on-year growth since January 2024, said the Ministry of Investment, Trade and Industry.
7m ago
KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia opened marginally lower in the absence of new catalyst, coupled with the closure of Wall Street on June 19, an analyst said.