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MITI Partners With Selangor, Johor To Ensure Dc Chargers In All Districts

KUALA LUMPUR, Nov 27 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is collaborating with the Selangor and Johor state governments to ensure that every district has at least one direct current (DC) fast charger for electric vehicle (EV) use.

Ringgit Opens Higher Vs Greenback

KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday, amid a firm US Dollar Index (DXY) as the Federal Reserve (Fed) minutes signalled a pause in the rate cut cycle.

KLK FY2024 Net Profit Declines 29.2 Pct To RM590.96 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Kuala Lumpur Kepong Bhd’s (KLK) net profit for the financial year ended Sept 30, 2024 (FY2024), declined 29.2 per cent to RM590.961million from RM834.26 million in the preceding year due to tax losses not recognised and exceptional losses.

Ringgit Weakens After Trump Announces New Tariffs On Mexico, Canada

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit closed lower against the greenback today after United States (US) President-elect Donald Trump vowed to impose new tariffs on imports from Mexico and Canada.

 

SMEs Need To Swiftly Integrate ESG Practices Into Business Operations -- BNM

KUALA LUMPUR, Nov 26 (Bernama) -- Small and medium enterprises (SMEs) need to swiftly integrate environmental, social, and governance (ESG) practices into their business operations to maintain their competitiveness in the market and ensure long-term sustainable advantages, Bank Negara Malaysia (BNM) said.

Rubber Market Ends Higher On Regional Futures Uptrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 26 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, supported by the uptrend in the regional rubber futures markets and steady crude oil prices, a dealer said.

Malaysia's 2024 IPO Mania Continues, Leading The Regional Market – Rakuten Trade

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia is currently leading the region's initial public offering (IPO) market, with increasing participation from both institutional and retail investors, reflecting growing interest in capital markets.

Ringgit Closes Higher Against Greenback Amid Falling US Bond Yields

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.

Gas Malaysia's Net Profit Rises To RM115.99 Mln In 3Q

KUALA LUMPUR, Nov 25 (Bernama) -- Gas Malaysia Bhd posted a higher net profit of RM115.99 million for the third quarter ended Sept 30, 2024, (3Q FY2024) compared to RM86.16 million in the same quarter last year.

Malaysia Boosts Global Semiconductor Ties As Protectionist Measures Loom

KUALA LUMPUR, Nov 25  (Bernama) -- Malaysia is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s victory in the United States (US) presidential election.

Growing Demand For Private Health Insurance In ASEAN - Malaysian Re

KUALA LUMPUR, Nov 25 (Bernama) -- There is a growing demand for private health insurance in ASEAN, particularly following the COVID-19 pandemic, said Malaysian Reinsurance Bhd (Malaysian Re).

AM Best Affirms NongHyup Property and Casualty Insurance’s Ratings

KUALA LUMPUR, Nov 25 (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 South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).