Ringgit Climbs To 3.92 Vs US Dollar Ahead Of Malaysia's GDP Data

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit revisited the 3.92 level to end higher against the US dollar on Tuesday, as investors took positions ahead of the release of Malaysia’s gross domestic product (GDP) data on Friday.

ILSTC International Exchange And Cooperation Mechanism Launched In Chongqing

KUALA LUMPUR, Feb 10 (Bernama) -- The International Exchange and Cooperation Coordination Mechanism of the New International Land-Sea Trade Corridor (ILSTC) was officially launched in Chongqing to deepen regional connectivity and support high-quality Belt and Road cooperation.

Southeast Asia Futures Initiative Centre To Chart Region's Next Leap -- Tengku Zafrul

KUALA LUMPUR, Feb 10 (Bernama) -- Southeast Asia Futures Initiative Centre (SEAFIC) aims to bring policymakers, industry leaders, academics and innovators together to explore pathways that will define the region’s next decade from digital transformation and green growth to supply chain resilience, investment inflows, and better regional integration.

Indonesian Business Council, SEAFIC In Tie-up To Promote Impactful Regional Economic Integration

KUALA LUMPUR, Feb 10 (Bernama) -- The Indonesian Business Council (IBC) and the newly founded Southeast Asia Futures Initiative Centre (SEAFIC) have signed a memorandum of understanding (MoU) to deepen research collaboration and policy dialogue for the region.

India Emerges As Standout Performer In Khazanah's Portfolio

KUALA LUMPUR, Feb 10 (Bernama) -- India has emerged as a standout performer in Khazanah Nasional Bhd’s portfolio over the past decade, delivering around double the productivity returns and underpinning the sovereign wealth fund’s decision to remain overweight in the country, while China remains a key market.

Ringgit Opens Firmer Against US Dollar On Weaker Greenback

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened firmer against the US dollar on Tuesday, supported by broad-based weakness in the greenback amid concerns over reduced demand for US assets.

Ringgit Higher Against US Dollar On Strong December IPI

KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit traded higher against the US dollar on Monday after Malaysia’s December Industrial Production Index (IPI) came in above market expectations, signalling that the domestic economy remains on a firm footing.

Kenanga IB Foresees FBM KLCI To Hit 1,840 Mark This Year

KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year. 

Ringgit Opens Little Changed Against US Dollar On Mixed Global Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Monday, as mixed global sentiment capped gains while investors assessed political developments and major currency moves.

Malaysia, India To Promote Ringgit-rupee Use In Bilateral Trade - PM Anwar

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India have agreed to expedite the use of the ringgit and rupee in bilateral trade and investment, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Reaffirms Commitment To Remain Reliable Palm Oil Supplier To India

PUTRAJAYA, Feb 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has reaffirmed Malaysia’s commitment to remain a reliable supplier of sustainable palm oil to India.

Malaysia, India To Promote Ringgit-Rupee Use In Bilateral Trade - PM Anwar

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India have agreed to expedite the use of the ringgit and rupee in bilateral trade and investment, said Prime Minister Datuk Seri Anwar Ibrahim.