KUALA LUMPUR, Dec 23 — The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (RM4 billion) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.

KUALA LUMPUR, Dec 23 — Bursa Malaysia opened higher today, buoyed by improved sentiment following Wall Street's strong performance last week, an analyst said.

KUALA LUMPUR, Dec 23 — The ringgit opened stronger against the US dollar today, supported by a decline in the US Dollar Index (DXY) last Friday, according to an economist.

SEPANG, Dec 21 — A takeover bid for Malaysia Airports Holdings Bhd (MAHB) by a consortium comprising Khazanah Nasional Bhd and BlackRock’s Global Infrastructure Partners was deemed viable for shareholders by the deal’s financial adviser yesterday.

KUALA LUMPUR, Dec 21 — The government has extended the visa exemption for Indian nationals, initially set to end on December 31 this year, by two years until December 31, 2026.

PUTRAJAYA, Dec 20 — The government has agreed to provide a diesel subsidy to ferry, passenger boat, and roll-on roll-off (roro) ferry operators on the main islands, effective January 1.

KUALA LUMPUR, Dec 20 — Malaysia’s inflation rate for November declined to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, said the Statistics Department.

KUALA LUMPUR, Dec 20 — Bursa Malaysia opened higher today amid a mixed performance on Wall Street overnight, said an analyst.

KUALA LUMPUR, Dec 20 — The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of the dollar, an economist said.

PUTRAJAYA, Dec 19 — Domestic tourism performance showed strong growth in the third quarter (Q3) of 2024, recording 66.3 million visitors and an expenditure of RM25.6 billion, the Statistics Department (DOSM) reported today.

SHAH ALAM, Dec 19 — Bilateral trade between Malaysia and South Korea until November has hit RM100.6 billion, mainly in the electrical and electronics (E&E) sector, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

PUTRAJAYA, Dec 19 — Malaysia’s domestic tourism recorded strong growth in the third quarter of 2024 with a record of 66.3 million visitors and a total expenditure of RM25.6 billion, according to a report by the Department of Statistics Malaysia (DOSM) today.

KUALA LUMPUR, Dec 19 — Malaysia's e-commerce income grew by four per cent to RM918.2 billion in the first nine months of 2024, with the highest surge recorded in the second quarter (2Q), amounting to RM309.8 billion, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Dec 19 — Malaysia’s export performance is expected to remain expansionary, given its neutral stance and diversified export structure.

KUALA LUMPUR, Dec 19 — The local currency traded 0.4 per cent weaker against the US dollar as the US Dollar Index rose further to 108.142 points following the United States (US) Federal Reserve's (US Fed) decision to cut the Fed Funds Rate by 25 basis points last night.

KUALA LUMPUR, Dec 18 — Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly US$98 billion (RM438 billion) from January to November, matching the total trade volume for all of 2023.

KUALA LUMPUR, Dec 18 — The retail prices for RON95 is unchanged at RM2.05 per litre, while RON97 will rise 3 sen from RM3.19 to RM3.22 per litre, from tomorrow to December 25.

KUALA LUMPUR, Dec 18 — Malaysia will “double down” on its strategy of deepening trade and collaboration with other countries in 2025, guided by three fundamental tenets of how Malaysia deals with the world, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Dec 18 — Malaysia's total trade in November increased 2.9 per cent to RM237.8 billion versus RM231.1 billion a year ago, driven by growth in exports and imports, said the Statistics Department (DOSM).

KUALA LUMPUR, Dec 18 — Only 1.6 per cent of approved investment projects from 2021 to March 2024 have not been implemented, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.