Butterworth KTM Station, Air Cargo Terminal Upgrade To Drive More Balanced Development In Penang

GEORGE TOWN, Dec 28 (Bernama) -- The upgrade of Butterworth KTM Station and the expansion of the air cargo terminal at Penang International Airport could be important catalysts for achieving more balanced development between Penang Island and Seberang Perai.

Holiday-thinned Trade To Keep Bursa Malaysia Range-bound Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia is expected to trade largely sideways next week, as holiday conditions continue to dampen market activity, said an economist.

Ringgit To Trade In Narrow Range Against US Dollar In Holiday-shortened Week Ahead

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit is expected to trade in a narrow range next week, hovering between 4.03 and 4.05 against the US dollar amid a holiday-shortened week.

Ringgit Ends Marginally Lower Against Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit ended marginally lower against the US dollar today but was said to maintain its momentum as it attempted to breach the 4.03 level during the morning session.

Ringgit Extends Rally, Reaches Another Five-year High

KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit extended its rally on Friday, opening higher to reach another five-year high against the US dollar amid a holiday-shortened trading week.

Ringgit Continues To Soar Against Greenback As US Consumer Confidence Remains Weak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak. 

Comprehensive Policy Needed To Uplift Labuan Economy, Says Academic

LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.

Ringgit Climbs To Five-year New High On Weaker Greenback In Early Trade

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit climbed to another five-year new high against the US dollar in early Wednesday trade, supported by a weaker greenback as the US dollar index (DXY) weakened.

KPF Processes Share Capital Withdrawal Applications Totalling RM909.85 Mln From 2020-2025

KUALA LUMPUR, Dec 23 (Bernama) -- Koperasi Permodalan Felda Malaysia Bhd (KPF) has processed applications for the withdrawal of share capital amounting to RM909.85 million from 2020 to 2025, with full payments totalling RM543.6 million made for the years 2020 to 2023.

Ringgit Climbs To Strongest Level Against US Dollar Since Early March 2021

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.

Modon Enters Jersey City Waterfront Tower Joint Venture

KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.

Port Of Tanjung Pelepas To Implement Electrification Initiative For Port Truck Fleet

ISKANDAR PUTERI, Dec 22 (Bernama) --  Port of Tanjung Pelepas (PTP), a joint-venture company between MMC Group and Netherlands-based APM Terminals, continues to move forward with the electrification of its port truck fleet, which is scheduled to be implemented next year.