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Ringgit Seen Up Against Greenback Next Week On Rising Odds For US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 6 (Bernama) -- The ringgit is expected to rise against the American dollar next week after the US nonfarm payrolls (NFP) data came in below expectations, boosting hopes for an interest rate cut in the United States later this month.

BNM Expected To Hold OPR At 2.75 Pct Through Remainder Of 2025, Say Analysts

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent through the remainder of 2025, assuming that Malaysia's economic growth stays within the official 4.0-4.8 per cent range and inflation remains contained, said an investment bank. 

Sacofa Partners With ZTE To Modernise Its Network In Sarawak

KUCHING, Sept 4 (Bernama) -- Sarawak state-owned telecommunications infrastructure provider Sacofa has formed a strategic partnership with ZTE Corporation, a global provider of integrated information and communication technology solutions, to modernise its infrastructure network for the next era of digital growth.

BNM Maintains OPR At 2.75 Pct, Sees Continued Expansion In Global Growth 

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 2.75 per cent.

Ringgit Opens Slightly Firmer Against Greenback Ahead Of BNM Policy Decision

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), with markets widely expecting the central bank to leave the rate unchanged at 2.75 per cent.

13MP To Ensure Malaysia Stays Competitive Through Digitalisation, Value Creation

KUALA LUMPUR, Sept 3 (Bernama) --The 13th Malaysia Plan (13MP) is an important document that outlines the country’s development strategy for the next five years with the aim of ensuring Malaysia remains competitive amid an increasingly challenging global landscape.

Malaysia Ready To Become China's Key Trading Partner - Tengku Zafrul 

KUALA LUMPUR, Sept 2 (Bernama) -- Malaysia is ready to be China’s key trading partner, supported by initiatives such as the New Industrial Master Plan 2030 and the National Semiconductor Strategy, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Fadillah's Visit To Busan Signals Readiness To Advance Regional Cooperation, Energy Transition

BUSAN, Aug 30 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof’s official working visit to Busan has reinforced Malaysia’s readiness to strengthen regional cooperation and advance its clean energy transition, both domestically and within ASEAN.

MITI Confident ASEAN Will Reach Substantial Agreement On DEFA By Year-End

KUALA LUMPUR, Aug 28 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is confident ASEAN will reach a full agreement on the ASEAN Digital Economy Framework Agreement (DEFA) by the end of this year.

TNB–ACWA Power Partnership: Driving Malaysia’s Energy Transition

KUALA LUMPUR, Aug 27 (Bernama) -- Malaysia is pushing hard to achieve the National Energy Transition Roadmap (NETR) target of raising renewable energy (RE) to 70 per cent of the nation’s capacity by 2050, with the government, agencies, companies and industry players all working together towards this goal.

Federal Govt To Develop Policy, Guidelines, And Explore Creation Of Blue Carbon Credit Trading Platform

KUALA LUMPUR, Aug 27 (Bernama) -- The Federal Government will develop policies or guidelines and explore the creation of a platform for trading blue carbon credits, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

USABC Drives Forward Malaysia's Efforts On ASEAN DEFA

KUALA LUMPUR, Aug 26 (Bernama) -- The US-ASEAN Business Council (USABC), in collaboration with the Ministry of Investment, Trade and Industry (MITI), organised an in-country workshop on Monday, serving as a strategic platform to support Malaysia’s role as a regional digital leader.