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Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.

Negeri Sembilan Poised To Transform Into High-value Manufacturing Hub -- Sim

SEREMBAN, May 12 (Bernama) -- Industrial development in Negeri Sembilan is now entering a new phase as the state is transitioning from an assembly and support hub to a high-value manufacturing hub, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

Ringgit Opens Higher Versus Greenback, Major Currencies

KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.

Ringgit Closes Higher Against Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.

Ringgit Opens Higher Against US Dollar Amid Ongoing West Asia Peace Talks

KUALA LUMPUR, May 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, as investors kept an eye on the ongoing peace negotiations over the West Asia crisis, an analyst said.

One-stop SME Portal To Be Launched This Month — Steven Sim

BUTTERWORTH, May 9 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) will launch a one-stop portal for small and medium enterprises (SMEs) this month to facilitate access to information related to financing, training and various government support programmes.

Gold Futures Likely To Trade In Narrow Range On Expectations Of Easing West Asia Tensions

KUALA LUMPUR, May 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range of US$4,680 to US$4,780 per troy ounce next week, on expectations of easing tensions in West Asia.

Ringgit Eases Against Greenback Ahead of US Non-farm Payroll Report Release

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United States non-farm payrolls (NFP) report amid renewed escalation in the West Asia conflict.

Gold Futures Extend Gains On Weaker Greenback, US Treasury Yields Decline

By Danni Haizal Danial Donald

KUALA LUMPUR, May 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended gains, closing higher on Thursday, as market sentiment improved following a decline in United States Treasury yields and a weaker US dollar.

Govt Rental Cut Eases Costs For Small Traders, Signals Support For SMEs - SAMENTA

KUALA LUMPUR, May 5 (Bernama) -- Rental rate reduction for premises under all federal government agencies, as announced by Prime Minister Datuk Seri Anwar Ibrahim, aims to help small traders lower operating costs.

Malaysia, Cambodia Deepen Trade, Investment Links Via MCBA-FASMEC Partnership

KUALA LUMPUR, May 5 (Bernama) -- Malaysia and Cambodia are stepping up business cooperation, expanding opportunities across ASEAN and boosting cross-border partnerships, trade and investment.

Malaysia Must Strive To Become Tech Nation To Address Low Wage Issue -- Liew

ISKANDAR PUTERI, March 4 (Bernama) -- Malaysia needs to shift from being perceived mainly as a trading nation to a technology-driven country by striving to produce its own technological innovations in order to tackle the issue of low wages in the country.