KUALA LUMPUR, June 8 — The ringgit is likely to trade softer against the US dollar next week, revisiting the RM4.70 level or lower, after the US non-farm payrolls (NFP) data released on Friday night came in stronger than expected.

KUALA LUMPUR, June 7 — Prime Minister Datuk Seri Anwar Ibrahim today said the government will adopt the Building Information Modelling (BIM) system for projects undertaken by the government and the private sector.

KUALA LUMPUR, June 7 — Maxis Bhd said it is ready to finalise the Digital Nasional Bhd (DNB) share subscription agreement (SSA), and to sign the shareholders’ agreement with DNB for the rollout of a second 5G network.

SERDANG, June 7 — All the relevant parties are still discussing the proposal to increase the ceiling price of local white rice (BPT) before a decision is made, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

KUALA LUMPUR, June 7 — TikTok owner ByteDance plans to invest in artificial intelligence (AI) and turn Malaysia into a regional AI hub with a proposed investment of about RM10 billion.

PUTRAJAYA, June 7 — Malaysia and China have expressed agreement to strengthen the proposed National Security Framework scientifically, which is expected to benefit both countries as well as the region and the world, said Home Affairs Minister Datuk Seri Saifuddin Nasution Ismail.

KUALA LUMPUR, June 7 — The business matching programme at International Construction Week (ICW) 2024, in collaboration with the Malaysia External Trade Development Corporation (Matrade), aims to generate RM1 billion in sales from at least 30 international buyers.

KUALA LUMPUR, June 7 — Bursa Malaysia opened higher today, driven by positive China's export data estimation set to be released today, said an analyst.

KUALA LUMPUR, June 7 — The ringgit was little changed against the US dollar this morning as investors await the US nonfarm payroll (NFP) data to be released later today, said an analyst.

KUALA LUMPUR, June 6 — The ringgit was slightly higher against the US dollar at the close on Thursday as market movements are being influenced by investor sentiment regarding a potential interest rate cut next week.

PUTRAJAYA, June 6 — The Inland Revenue Board (IRB) is committed to the government’s plan to mandate e-invoicing for all taxpayers by July 1 next year.

KUALA LUMPUR, June 6 — Prime Minister Datuk Seri Anwar Ibrahim is confident the target of 400 e-payment transactions per capita can be achieved earlier than 2026, the original target, via efforts by digital banks.

KUALA LUMPUR, June 6 — The government will review policies related to the oil and gas service and equipment (OGSE) industry, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, June 6 — Malaysia’s property market is poised to remain stable in 2024, followed by sustained growth in the next three years, bolstered by various initiatives of the Madani government under Budget 2024, said Housing and Local Government Minister Nga Kor Ming.

PUTRAJAYA, June 6 — Malaysia plans to present at least 40 5G private network use cases in sectors such as manufacturing, oil and gas, logistics, healthcare, and plantation ahead of its 2025 Asean chairmanship.

KUALA LUMPUR, June 6 — Bursa Malaysia ended the morning trading session on a positive note, with the key index remaining above the 1,600 psychological level as investor sentiments remained strong.

KUALA LUMPUR, June 6 — Micro, small and medium enterprises (MSMEs) should be recognised for their contributions to economic development, said Deputy Entrepreneur Development and Cooperatives Minister Datuk R.

SINGAPORE, June 5 — Malaysia, as 2025 Asean chair, wants to deepen its collaboration with Asean members to ensure cities in the region are future fit, said Housing and Local Government Minister Nga Kor Ming.

KUALA LUMPUR, June 5 — The return of optimism among Malaysia's manufacturers suggests an improvement in external trade performance and industrial activities in the second half of 2024 (2H2024), said MIDF Research.

KUALA LUMPUR, June 5 — The ringgit opened higher today against the US dollar amid the United States soft labour market data, said an analyst.