KUALA LUMPUR, June 4 — The ringgit closed higher against the US dollar today amid market uncertainties after the United States released weaker manufacturing data for May, which raised the possibility of interest rate cuts this year.

KUALA LUMPUR, June 4 — Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC Group and Netherlands-based APM Terminals, achieved a milestone by handling a record 1.08 million 20ft equivalent units (TEUs) in a single month.

JOHOR BAHRU, June 4 — Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said local halal entrepreneurs should explore halal markets beyond the food and beverage (F&B) sector, particularly pharmaceuticals and cosmetics, to meet growing international demand.

JOHOR BAHRU, June 4 — The Transport Ministry (MOT) must ensure no containers of Israeli-based shipping companies dock at ports in the country.

KUALA LUMPUR, June 4 — The Investment, Trade and Industry Ministry (Miti) will conduct an investigation following a report that the United States had sanctioned a Malaysian semiconductor-related company.

PUTRAJAYA, June 4 — Road taxes for zero-emission vehicles (ZEVs) or electric vehicles (EVs) are set based on the power of the electric motor, and will come into force on January 1, 2026, said Transport Minister Anthony Loke.

KUALA LUMPUR, June 4 — Bursa Malaysia opened higher today on emerging bargain hunting in heavyweight stocks after the local bourse ended below the crucial 1,600 level last Friday, said an analyst.

MAKKAH, June 4 — The success achieved by Lembaga Tabung Haji (TH) in managing Malaysian haj pilgrims, which has earned various recognitions from the Saudi government, has sparked the interest of Thai haj management authorities.

KUALA LUMPUR, June 4 — The ringgit opened higher against the United States dollar today as Washington’s inflation data indicated support for the local note, said an analyst.

KUALA LUMPUR, June 3 — As the National Semiconductor Strategy (NSS) sets out to transform Malaysia into a global powerhouse in the semiconductor industry over the next decade, industry players are eager and ready to propel themselves upward.

KUALA LUMPUR, June 3 — Malaysia’s latest tax reforms, outlined in the Budget 2024 to stimulate domestic startups, drive clean energy investment, and modernise tax administration, are set to benefit innovative startup businesses, green technology sectors, and service-oriented companies.

KUALA LUMPUR, June 2 — Telecommunications companies (telcos) involved in the 5G dual network model implementation are ready to sign a deal to acquire equity stakes in Digital Nasional Bhd (DNB), said Communications Minister Fahmi Fadzil.

KUALA LUMPUR, June 2 — The Investment, Trade and Industry Ministry (Miti) and Tourism, Arts and Culture Ministry (Motac) will discuss efforts to support local artists in exporting their work abroad.

KUALA LUMPUR, June 2 — A comprehensive discussion among four key ministries has been held to strategise and develop an action plan for the second 5G network, said Communications Minister Fahmi Fadzil.

PETALING JAYA, June 2 — The engineering industry may enhance its resilience and steer Malaysia towards a more sustainable future by embracing environmental, social and governance (ESG) principles, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, June 1 — The ringgit is likely to remain in range-bound trading against the US dollar next week as markets further digest the global economic outlook, an analyst said.

KUALA LUMPUR, May 31 — The ringgit retreated to end the week marginally lower against the US dollar as the latter held steady ahead of the key United States (US) inflation data due to be released later today.

PUTRAJAYA, May 31 — The median monthly wages for the formal sector increased 4.9 per cent year-on-year to RM2,900 in December 2023, the Department of Statistics Malaysia (DOSM) reported in its Quarterly Employee Wages Statistics (Formal Sector) Report, Fourth Quarter 2023’s Summary, which was released today.

PUTRAJAYA, May 31 — The estimated savings of RM4 billion from the targeted diesel subsidy implementation are expected to give the government a larger fiscal space in efforts to increase the quality of various services that are important for the people.

KUALA LUMPUR, May 31 — The ringgit opened on a positive note against the US dollar today on subdued demand for the American dollar due to weaker economic data from the United States (US).