LATEST NEWS   ES Sunlogy Bhd’s unit secures RM107.5 million works sub-contract from China State Construction Engineering (M) Sdn Bhd | At 6 pm, the ringgit stood at 3.9515/9555 against US dollar from 3.9505/9545 on Friday last week | Japan 7.5-magnitude quake: Fukushima Daiichi, Daini nuclear plants report no abnormalities - Kyodo | Japan halts Tokyo–Aomori bullet train services after 7.5 quake - Kyodo | Japan quake magnitude revised to 7.5; tsunami observed off Iwate and Aomori in the Pacific, Kyodo reported | 

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Malaysia's Inflation At 1.9 Pct In Oct 2024 - DOSM

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains Overnight

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia opened higher today, tracking the better overnight performance on Wall Street bolstered by Nvidia’s strong earnings.

BMI Projects RM3,900/T Palm Oil Price Average For 2025

KUALA LUMPUR, Nov 21 (Bernama) -- BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.  

Selangor Records Rm639.2 Bln In Total Trade Value From January To September - Exco

SHAH ALAM, Nov 21 (Bernama) -- Selangor recorded a total trade value of RM639.2 billion, accounting for 29.9 per cent of the country’s total trade, from January to September 2024.

FMC Continues Monitoring Domestic Financial Market Conditions Amidst Key Global Developments

KUALA LUMPUR, Nov 20 (Bernama) -- Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) continues to monitor the domestic financial market conditions amidst key global developments, namely the outcome of the recent US election and concerns surrounding China’s economic growth prospects.

TNG Digital Launches Full eKYC Today

KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia's largest integrated financial technology provider, TNG Digital Sdn Bhd, is implementing 100 per cent electronic Know-Your-Customer (eKYC) verification starting today.

Bursa Malaysia Gives Up Earlier Gains To End Mixed

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said.

Kossan Shares Rise In Early Trade Despite Weaker 3Q Results

KUALA LUMPUR, Nov 18 (Bernama) -- Kossan Rubber Industries Bhd’s shares on Bursa Malaysia rose in early trade after the company announced an interim and special dividend, despite weaker results for the third quarter ended Sept 30, 2024 (3Q 2024).

Financial Literacy Of Malaysians Has Improved But Still Facing 3 Challenges

KUCHING, Nov 17 (Bernama) -- The financial knowledge of Malaysians has significantly improved since 2016 and is approaching the level of developed countries, however, there are still three challenges hindering further progress towards becoming a financially literate society.

Global Institutions Upgrade Malaysia's 2024 Growth Outlook

KUALA LUMPUR, Nov 15 (Bernama) -- The decision by several international institutions to revise Malaysia's economic growth projections reflects their confidence in the country's prospects for the year, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Malaysia's Removal From US Currency Watch List Affirms Ringgit's Market-driven Status - BNM Governor

KUALA LUMPUR, Nov 15 (Bernama) -- Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.