Ringgit Strengthens Against US Dollar In Early Trade

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday on the back of improved buying sentiment towards the domestic currency, said an analyst. 

Diversification Key To Malaysia's Business Survival Amid Global Challenges, Says MIDA CEO

KUALA LUMPUR, Dec 3 (Bernama) -- Diversification of operations and markets has become essential for businesses in Malaysia to stay competitive, said Malaysian Investment Development Authority (MIDA) chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

Ringgit Closes Lower Against US Dollar As Global Uncertainty Drive Investors To Safe Haven Currencies

By Zarul Effendi Razali

KUALA LUMPUR, Dec 3 (Bernama) -- The ringgit extended yesterday’s losses to close lower against the greenback on Tuesday, as the global economic outlook prompted investors to shift interest towards safe haven currencies, an analyst said.

Malaysia To Use Soft Power Diplomacy Amid Possible Economic Changes With Trump's Return

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia will remain neutral and is prepared to face possible changes in the global economic landscape following Donald Trump’s return as United States (US) president by focusing on soft power diplomacy in dealing with the new administration, said Foreign Minister Datuk Seri Mohamad Hasan.   

Malaysia To Closely Monitor Development Of Trump Tariff Threat On BRICS - Tengku Zafrul

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia, as a partner country of BRICS, will closely monitor the development of US President-elect Donald Trump's threat to impose 100 per cent tariffs on BRICS countries, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

CPTPP: Malaysia-UK FTA Will Boost Trade And Investment - Tengku Zafrul

KUALA LUMPUR, Dec 3 -- The first comprehensive Free Trade Agreement (FTA) between Malaysia and the United Kingdom (UK), through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will boost trade and investment relations between both countries. 

Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.

Rubber Market To Trade Range-bound Next Week, Tracking Tight Supply Situation Due To Weather Disruptions -- Expert

KUALA LUMPUR, Nov 30 (Bernama) -- The local rubber market is expected to trade range-bound with a tendency to be higher mainly due to a tight supply situation from the weather disruptions, said industry expert Denis Low.

Ringgit Seen Trading At 4.42-4.44 With Upside Bias Against US Dollar Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

Downturn Continues On Bursa Amid Absence Of Leads From Wall Street, US Policy Worries

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.

Bursa Malaysia Opens Higher, But Retreats Thereafter

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia opened higher on Thursday but turned lower thereafter following a lack of catalysts amid Wall Street’s soft performance amid sticky inflation data and trading slowing ahead of the US Thanksgiving Day holiday.