BANGKOK, Aug 8 — “I'm seeing more Malaysian products on the shelves at supermarkets selling well in Southern provinces,” said a Thai consumer, Rohana Abdul Aziz.
KUALA LUMPUR, Aug 7 — Global lithium battery manufacturer EVE Energy Co Ltd today held a groundbreaking event for its new manufacturing facility with an initial investment of US$422 million (RM1.924 billion) in Kulim, Kedah.
KUALA LUMPUR, Aug 7 — Bursa Malaysia shook off early losses to close mixed today, with the benchmark index ending little changed on cautious market sentiment as key economic data from the United States and China due later this week weighed on investors’ risk appetite.
KUALA LUMPUR, Aug 7 — The ringgit ended easier against the US dollar after closing in negative territory last week due to the United States (US) Nonfarm Payroll (NFP) softer July figures, an analyst said.
KUALA LUMPUR, Aug 7 — Malaysia needs more young people to invest in the capital market to ensure that it remains vibrant, said Securities Commission Malaysia (SC) chairman Datuk Seri Dr Awang Adek Hussin.
KUALA LUMPUR, Aug 7 — Waqf, a charitable endowment in the form of funds or properties, has the potential to ease the federal government's fiscal deficit burden and can act as an instrument to reduce the country's spending and gradually minimise any funding gaps.
KUALA LUMPUR, Aug 7 —Bursa Malaysia opened marginally lower on Monday amidst cautious market sentiment due to the Wall Street’s weak performance on Friday and concerns over China's economic growth.
KUALA LUMPUR, Aug 7 — The ringgit kick-started the week positively, opening higher against the US dollar today, as the US Dollar Index (DXY) declined on Friday last week.
KUALA LUMPUR, Aug 5 — The ringgit is likely to maintain its tight range of RM4.54 to RM4.56 against the US dollar next week as investors are expected to closely monitor several data scheduled to be released by the United States, said an analyst.
KUALA LUMPUR, Aug 5 — Bursa Malaysia is expected to have a positive trend next week and continue to recover, thanks to an increase in investors’ optimism and positive outlook on both the local and regional markets, a dealer said.
KUALA LUMPUR, Aug 4 — The ringgit rebounded from yesterday’s losses to close slightly higher against the greenback today as renewed concerns over economic development shifted investors' interest towards emerging currencies, including the ringgit, an analyst said.
PUTRAJAYA, Aug 4 — Employers shouldn’t use the minimum wage of RM1,500 as a reference to set fresh graduates’ salaries, said Economy Ministry Rafizi Ramli.
PUTRAJAYA, Aug 4 — The median monthly wage in March for Malaysian formal employees was RM2,600, an increase of 8.3 per cent from RM2,400 in March 2022, said the Employee Wages Statistics (Formal Sector) Report, First Quarter 2023.
SUNGAI PETANI, Aug 4 — Prime Minister Datuk Seri Anwar Ibrahim’s success in attracting Infineon Technologies AG's stake in Kulim, Kedah, proves he is unbiased against opposition-led states, said locals.
KUALA LUMPUR, Aug 4 — The unity government is capable of executing Madani Economy: Empowering the People initiatives, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.
KUALA LUMPUR, Aug 4 — Malaysia is on the right track to realise the country’s efforts in attracting more high-impact investments, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
KUALA LUMPUR, Aug 4 — Bursa Malaysia reversed Thursday's losses to open higher today, supported by renewed buying interest despite Wall Street’s softer performance overnight.
KUALA LUMPUR, Aug 3 — Bursa Malaysia closed lower for the third consecutive day, in tandem with the regional selldown following a negative cue from global equities overnight.
KUALA LUMPUR, Aug 3 — Malaysia has emerged as a country with notable resilience and potential for recovery amid the challenges brought about by the Covid-19 pandemic, said the World Bank.
KUALA LUMPUR, Aug 2 — The ringgit continued its downtrend to close lower against the greenback today, along with other emerging currencies, as concern over the global economic outlook resulted in more investors shifting towards the safe haven, an analyst said.
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