Ringgit Opens Higher Against Greenback Amid Cautious Sentiment

By Karina Imran and Danni Haizal Danial Donald

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit opened higher against the US dollar as investors remained cautious due to higher-than-expected inflation and ahead of global central bank policy updates.

Axis REIT’s FY2024 Net Profit Falls To RM210 Mln

KUALA LUMPUR, Jan 23 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a lower net profit for the financial year ended Dec 31, 2024 (FY2024) at RM210 million, down from RM217.77 million recorded in the previous year.

Economic Growth In 2025 To Be Driven By Domestic Demand, Investments -- Alliance Bank

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economy is poised for growth in 2025 as domestic demand is likely to strengthen further with sustained consumer spending and ongoing increase in investment activities, said Alliance Bank Malaysia Bhd. 

Gold Futures Market Takes A Breather As Concerns Over US Tariff Policies Ease

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives has taken a breather after its recent sharp surge, as concerns over United States (US) President Donald Trump's tariff policies have eased.

Ringgit Weakens Against US Dollar On Profit-taking, Policy Jitters

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit edged lower against the US dollar at Thursday's close, pressured by profit-taking after Wednesday's gains and ongoing uncertainties over US President Donald Trump’s policies.

13MP To Introduce Incentives Based On Policies To Drive Behavioural Economics -- Rafizi

KUALA LUMPUR, Jan 23 (Bernama) -- The government will introduce more incentives in the 13th Malaysia Plan (13MP) to stimulate the economy that goes beyond the distribution of funds and projects, said Economy Minister Datuk Seri Rafizi Ramli.

KWAP Awards Accounting System Replacement Project To Censof

KUALA LUMPUR, Jan 23 (Bernama) -- The Retirement Fund Inc (KWAP) has awarded a RM4.27 million contract to Censof Holdings Bhd’s subsidiary Century Software (Malaysia) Sdn Bhd to replace its accounting system with a new one.

Neurogine, Pos Indonesia Launch Mobile Remittance Service For Indonesian Workers In Malaysia

By Jailani Hasan

LABUAN, Jan 23 (Bernama) -- Neurogine Sdn Bhd and Indonesia’s national postal service, PT Pos Indonesia, have jointly introduced Neurogine nRemit, a mobile remittance service designed for the Indonesian Migrant Worker (PMI) community in Malaysia.

SOGIP Port Launch Boosts Sabah’s Economic Prospects

KOTA KINABALU, Jan 23 (Bernama) -- The declaration of the Port of Sipitang Oil and Gas Industrial Park (SOGIP Port) marks a strategic milestone with significant potential to drive Sabah's economic growth, Deputy Chief Minister III Datuk Shahelmey Yahya said.  

Southeast Asia's Biggest Furniture Event MIFF 2025 Aims To Achieve 5 Pct Sales Rise

KUALA LUMPUR, Jan 23 (Bernama) -- The Malaysian International Furniture Fair (MIFF) 2025 aims to achieve a five per cent increase in sales this year against on-site sales of US$1.28 billion (US$1 = RM4.43) last year.

E-Invoicing System Eases Transition For Small Businesses, Says Expert

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia's e-invoicing system offers a streamlined adoption process for small businesses, according to Chartered Tax Institute of Malaysia council member Harvindar Singh.

SMR 20 Ends Higher On Concerns Over Natural Rubber Supply

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today amid concerns over natural rubber (NR) supply due to wet weather, said a dealer.