KUALA LUMPUR, March 6 — Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3.00 per cent during its Monetary Policy Committee (MPC) meeting today, amid a stable interest rate environment, economists said.
KUALA LUMPUR, March 6 — Bursa Malaysia opened higher today, tracking the rally on Wall Street overnight as the United States (US) automotive makers get temporary tariff reprieve, but it retreated thereafter on selling pressure.
KUALA LUMPUR, March 6 — The government will continue to strengthen economic ties and diversify markets with key countries, including BRICS nations, in addition to expanding cooperation with countries in Asia, the Middle East, the European Union (EU), and other regions to reduce dependence on a single market.
KUALA LUMPUR, March 6 — The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said.
By Danial Dzulkifly KUALA LUMPUR, March 5 — Prime Minister Datuk Seri Anwar Ibrahim today hailed Malaysia’s collaboration with global semiconductor giant Arm Holdings Plc (ARM) as a turning point for the nation’s ambitions in high-value chip design and artificial intelligence (AI) development,...
KUALA LUMPUR, March 5 — Malaysia aims to collaborate, share knowledge, and acquire technology transfer from China and India in the use of thorium as nuclear fuel, said Science, Technology and Innovation Minister Chang Lih Kang.
KUALA LUMPUR, March 5 — The Islamic Development Department (Jakim) is reviewing its recognition procedures of Foreign Halal Certification Bodies (FHCBs) to ensure they remain relevant and aligned with the ever-evolving global halal requirements.
KUALA LUMPUR, March 5 — Bursa Malaysia snapped a four-day losing streak to open higher today, supported by selective bargain hunting in the domestic market, despite Wall Street’s weaker overnight performance amid trade war concerns.
KUALA LUMPUR, March 5 — Malaysia will pay Arm Holdings US$250 million over 10 years to acquire the firm’s chip design plans for local manufacturers, the Economy Minister told Bloomberg TV on Wednesday.
KUALA LUMPUR, March 5 — The ringgit strengthened against the US dollar at the opening today as the greenback weakened after the US government upheld its decision to impose import tariffs on Canada, Mexico and China, an analyst said.
KUALA LUMPUR, March 4 — The ringgit closed slightly higher against the United States (US) dollar on Tuesday as broader macro forces kept a floor under the domestic currency, despite the US tariff barrage rattling global markets.
KUALA LUMPUR, March 4 — The implementation of renewable energy (RE) exports through the Energy Exchange Malaysia (Enegem) is based on excess electricity from the existing electricity supply system, said the Energy Transition and Water Transformation Ministry (Petra).
KUALA LUMPUR, Mar 4 — Local solar industry players should explore alternative markets, particularly in Asean, to reduce reliance on the United States, the Investment, Trade and Industry Ministry (Miti) said.
KUALA LUMPUR, Mar 4 — The ringgit kicked off the day by opening higher against the US dollar on Tuesday amid traders awaiting details of the United States tariff implementation, an analyst said.
KUALA LUMPUR, Mar 4 — Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.
KUALA LUMPUR, March 3 — The government remains committed to reducing the deficit with a projection of 3.8 per cent in 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, March 3 — The ringgit closed lower against the United States (US) dollar on Monday as the forex market tiptoes into the week on high alert, stuck in a “wait and see” mode, as traders hedge their bets ahead of Donald Trump’s tariff D-Day tomorrow.
KUALA LUMPUR, March 3 — The ringgit is expected to rise against the United States (US) dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to evolving US monetary policy, according to MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, March 3 — Bursa Malaysia opened higher today, tracking Wall Street’s rally last Friday, as investors shrugged off concerns over rising tensions between Ukraine and the United States (US).
KUALA LUMPUR, March 3 — Local institutions remained a pillar of support in Bursa Malaysia, marking their 19th consecutive week of net buying with a substantial RM817.4 million inflow into domestic equities, up from RM316.3 million the previous week.
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