KUALA LUMPUR, Sept 1 — The rubber production incentive (IPG) for smallholders has been activated nationwide for August, the Malaysian Rubber Board (MRB) said.

KUALA LUMPUR, Sept 1 —  CIMB Group Holdings Berhad (“CIMB Group” or “the Group”) on 30 August 2023 has announced that the Group recorded a net profit of RM3.42 billion for the first half ended 30 June 2023, an increase of 26.2%, compared to RM2.71 billion in the first half ended 30 June 2022.

KUALA LUMPUR, Sept 1 — The ringgit continued to uptrend against the US dollar today as the greenback was traded cautiously ahead of the United States (US) non-farm payrolls data  for August to be released later today, said an analyst.

KUALA LUMPUR, Aug 30 — The ringgit ended higher against the US dollar today as investors remained cautious while analysing a slew of economic data from the United States (US), said an analyst.

KUALA LUMPUR, Aug 30 — The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged for the August 31 to September 6 period.

KUALA LUMPUR, Aug 30 — The ringgit opened higher against the US dollar today as the greenback retreated following the release of the United States’ (US) economic data which came in below expectations, as well as the improvement in risk appetite, said an analyst.

PUTRAJAYA, Aug 29 — The Economy Ministry is developing a policy paper to study and propose the reduction of approved permits (APs) and import permits (IPs) covering all economic sectors to lower the prices of goods, especially imports.

KUALA LUMPUR, Aug 29 — The ringgit rebounded from yesterday's losses to end higher against the US dollar on Tuesday, as investors remained wary ahead of economic data releases from the United States (US) this week, said an analyst.

KUALA LUMPUR, Aug 29 — The Malaysia Digital Economy Corporation (MDEC) and Airbnb have signed a memorandum of understanding to collaborate on MDEC’s inaugural DE Rantau initiative.

KUALA LUMPUR, Aug 29 — The Investment, Trade and Industry Ministry (Miti) will be more selective in approving foreign companies’ entry into Malaysia, prioritising those that bring high-quality investments.

KUALA LUMPUR, Aug 29 — Prime Minister Datuk Seri Anwar Ibrahim today acknowledged the commitment, professionalism and dedication of Tenaga Nasional Bhd (TNB) and Petroliam Nasional Bhd (Petronas) in supporting the nation’s energy transition ambition.

KUALA LUMPUR, Aug 29  — Public Bank Bhd posted a higher net profit of RM1.62 billion for the second quarter ended June 30, 2023 (2Q FY2023) compared with RM1.42 billion in 2Q FY2022.

UMW HOLDINGS-RESULTS KUALA LUMPUR, Aug 29 — UMW Holdings Bhd’s net profit almost tripled to RM303.55 million in the second quarter ended June 30, 2023 from RM107.19 million in he second quarter of 2022 on the back of gains from the sale of an industrial land in Serendah. Revenue...

KUALA LUMPUR, Aug 29 — The government plans to hold the first meeting of the National Energy Council as early as October this year, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Aug 29 — Businesses foresee an improving business situation for the third quarter of 2023 with the confidence indicator turning positive to 0.7 per cent from -3.1 per cent in the second quarter, says the Department of Statistics Malaysia (DoSM).

KUALA LUMPUR, Aug 29 — The contractionary trend of  Malaysia’s producer price index (PPI) indicated further moderation in overall inflationary pressure, and given the high base effect of commodity prices, the producer’s output deflation was within expectations, said MIDF Research.

SINGAPORE, Aug 29 — Six Malaysian companies have made it into Forbes Asia’s third annual edition of the 100 to Watch list, which spotlights small companies and startups on the rise across the Asia Pacific region.

KUALA LUMPUR, Aug 29 — The ringgit opened marginally better against the US dollar today, with the US dollar Index remaining depressed after reversing an 11-week high.

KUALA LUMPUR, Aug 28 — Political stability is a crucial component to ensure that the policies which have been formulated by the Madani government, can be implemented consistently, and further increase investor confidence.

SINGAPORE, Aug 28 — Petico, one of Malaysia’s fastest-growing pet food retailers, has acquired the assets of Singapore’s failed pet food retailer, Perromart, paving the way for its expansion across the Causeway and other parts of Southeast Asia.