| LATEST NEWS | Higher education institutions must produce graduates who meet the needs of industry, international investors - Anwar | Google's RM61 billion investment commitment in Malaysia a result of political stabilitty, clear national policies - Anwar | Malaysia’s headline and core inflation averaged 1.8 pct and 1.9 pct, respectively, year-to-date -- BNM | BNM keeps OPR unchanged at 2.75 pct | Malaysia takes a measured approach to nuclear energy in future energy mix - Chang | |
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit closed lower against the US dollar but strengthened against most major and ASEAN currencies on Monday as investors remained cautious ahead of the US Federal Reserve’s (Fed) policy meeting, an analyst said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Oct 26 (Bernama) -- Bursa Malaysia closed lower on Monday, weighed down by selling pressure in selected heavyweights, mainly utilities and banking stocks, alongside weaker performances across regional markets.
By M.Saraswathi & Karina Imran
KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM) wants Islamic financial institutions to play a greater role in financing the country's next phase of economic transformation, an aspiration that would be reflected in the financial sector blueprint planned in 2027.
SIBU, Oct 26 (Bernama) -- Improved air connectivity and high-tech infrastructure must be prioritised under the proposed Sibu Economic Zone (SEZ) to attract investment, skilled talent and high-value industries to central Sarawak, says local entrepreneur Dr Gregory Hii Sui Cheng.
SINGAPORE, Oct 25 (Bernama) -- Malaysia has significant potential to expand power generation capacity and attract data centre developers, but meeting rising electricity demand will also require adequate transmission capacity and access to land and water, said Japan's largest power generation company, JERA.
MELAKA, Oct 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today disclosed that a global investor plans to invest US$50 billion (US$1=RM4.08) in the artificial intelligence (AI), new technology and data centre sectors in Sarawak and Peninsular Malaysia.
BANGI, Oct 24 (Bernama) -- Selangor is targeting RM90 billion in investments this year, up from RM80 billion recorded last year, following encouraging investment momentum in the state.
KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to trade within a narrow range of RM4.07 to RM4.08 against the US dollar next week as investors monitor the outcome of the US Federal Open Market Committee (FOMC) meeting scheduled for Oct 27-28.
KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia is likely to trend upwards next week, with the benchmark index expected to trade within the 1,600-1,620 range amid a recovery in investors' risk appetite, said an analyst.
KUALA LUMPUR, Oct 23 (Bernama) -- The government encourages local companies to formulate long-term strategies to grow the country’s economy without increasing imports, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit ended slightly lower against the US dollar on Friday as market sentiment remained cautious amid concerns over artificial intelligence (AI) related share prices and declining bond yields.
KUALA LUMPUR, Oct 23 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has proposed an RM11.64 billion Islamic Medium-Term Notes (IMTN) programme through its wholly owned funding vehicle and sukuk issuing entity, Pengurusan Air SPV Bhd (PASB), to support its long-term strategic capital expenditure (capex) requirements over the next decade.
