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KUALA LUMPUR, March 17 (Bernama) -- Foreign investors maintained a bearish stance on Asian equities, continuing to net sell for the third consecutive week, with a significant outflow totaling US$6.73 billion (US$1=RM4.43), except for the Philippines, while local investors helped Bursa Malaysia to cushion the impact of the broader market outflows.
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KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher today after the United States (US) averted government shutdown, suggesting improved risk appetite sentiment, leading to a weaker US dollar.
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KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.
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By Danni Haizal Danial Donald
KUALA LUMPUR, March 14 (Bernama) -- The ringgit ended lower against the US dollar on Friday, as trade war uncertainties weighed on market sentiment, said an analyst.
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KUALA LUMPUR, March 14 (Bernama) -- The Malaysian rubber market rebounded on Friday, bolstered by the upward momentum in regional rubber markets and steady benchmark crude oil prices as the ringgit weakened against the US dollar, said a dealer.
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KUALA LUMPUR, March 14 (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 KBFG Insurance (China) Co Ltd (KBFG China), with a stable outlook.
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KUALA LUMPUR, March 14 (Bernama) -- Cargill, a global food and agriculture provider, is strengthening its support for the animal nutrition and health industry by presenting its holistic portfolio of science-based solutions and services at VIV Asia 2025, a premier international exhibition for the livestock industry.
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KUALA LUMPUR, March 13 (Bernama) -- Malaysia remains committed to facilitating new investments while addressing challenges arising from the geopolitical and geoeconomic landscape, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
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KUALA LUMPUR, 12 Mac (Bernama) -- The Ministry of Plantation and Commodities (KPK) is urging oil palm plantation owners and companies to plan for replanting in order to sustain productivity with mature trees that provide optimal fresh fruit bunches (FFB) yields.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 12 (Bernama) -- The Malaysian rubber market was mixed on Wednesday, in tandem with the regional rubber futures markets, said a dealer.
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KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s growth is projected to range between 4.5 per cent and 5.0 per cent, reflecting positive sentiment in the overall economy, according to the Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank).