BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

Ringgit Ends Lower As US Election Results Unfold

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist. 

Malaysia Strengthens Partnership With EU On Smart City Development 

BARCELONA, Nov 6 (Bernama) -- Digital Minister Gobind Singh Deo engaged with representatives from the European Union (EU) to share initiatives concerning Malaysia’s journey to develop digital and smart cities that enhance people’s lives.

PM Anwar Sees Rising Interest In Malaysia Among Chinese Investors, Companies

From Massita Ahmad

SHANGHAI, Nov 6 (Bernama) -- Chinese investors and companies are showing greater interest in Malaysia, according to Prime Minister Datuk Seri Anwar Ibrahim.

BNM Maintains OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.

Government To Leverage Sabah's Strengths, Capabilities To Attract High-tech Manufacturing Investors -- MITI

KUALA LUMPUR, Nov 6 (Bernama) -- The government plans to leverage Sabah's local strengths and capabilities to attract investors in the high-tech manufacturing industry, with a focus on downstream activities.

Govt Introduces DIAF, FIAF To Support Businesses And Attract FDI -- MITI

KUALA LUMPUR, Nov 6 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), has introduced two new funds under the 12th Malaysia Plan (12MP), namely the Domestic Investment Accelerator Fund (DIAF) and the Foreign Investment Accelerator Fund (FIAF).

Anwar Invites Jiangsu Longda To Expand Business Into Malaysia

From Massita Ahmad

SHANGHAI, Nov 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has extended an invitation to Jiangsu Longda Superalloy Co Ltd to expand its business into Malaysia.

Agro Snow Set To Transform Plant-Based Food Industry

KUALA LUMPUR, Nov 5 (Bernama) -- Global agri-commodity company Agrocorp International and Megmilk Snow Brand have partnered to invest in eco-friendly protein production, Agro Snow, in Johor Bahru. 

TGIF Malaysia Not Affected By TGIF Inc Restructuring

KUALA LUMPUR, Nov 4 (Bernama) --TGI Fridays (TGIF) Malaysia has assured customers that its local franchise restaurants remain fully operational and unaffected by the recent Chapter 11 filing by TGIF Inc. in the United States (US).

Ringgit Ends Firmer Against Greenback Amid Heightened Uncertainty Ahead Of US Election

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit ended firmer against the greenback on Monday ahead of an expected US interest rate cut this week amid the heightened uncertainties over the US presidential election tomorrow, said an economist. 

Steen Lomholt-Thomsen Joins NIQ As CCO To Focus On Global Growth, Client Strategy

KUALA LUMPUR, Nov 4 (Bernama) -- NielsenIQ (NIQ), the world’s leading consumer intelligence company, has appointed Steen Lomholt-Thomsen as its new Chief Commercial Officer (CCO), based in NIQ’s Geneva, Switzerland office, effective Nov 1.