24d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 25 (Bernama) -- The ringgit continued its uptrend for the third consecutive day, closing higher against the US dollar, major currencies and ASEAN peers on Thursday as investors await the United States (US) Personal Consumption Expenditures (PCE) inflation data later tonight.
24d ago
KUALA LUMPUR, June 25 (Bernama) -- Gamuda Bhd’s net profit for the third quarter of financial year 2026 (3Q FY2026) rose five per cent to RM258 million, supported by strong contributions from its domestic construction order book.
24d ago
KUALA LUMPUR, June 25 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that Yongan International Financial (Singapore) Pte Ltd (Yongan International SG) will begin offering trading and clearing access to clients on Abaxx Exchange from June 29.
24d ago
SERDANG, June 25 (Bernama) -- Malaysia aims to achieve a 15-20 per cent revenue growth for its aerospace industry this year, driven by rising global demand for aircraft and the continued expansion of the industry's supply chain.
24d ago
KUALA LUMPUR, June 25 (Bernama) -- The government is undertaking a comprehensive study to establish policy and infrastructure foundations for a national water reclamation policy to support the development of data centres, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
24d ago
KUALA LUMPUR, June 25 (Bernama) -- The ringgit opened firmer against the US dollar today, extending yesterday’s gains as investor sentiment improved after data showed Malaysia’s foreign direct investment (FDI) surged 41.2 per cent to RM65.9 billion in 2025.
25d ago
KUALA LUMPUR, June 25 (Bernama) -- The Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) Phase 2, Part 1 (Malaysia-Singapore, 100 megawatts (MW)) has supplied 30.6 gigawatt-hours (GWh) of electricity and generated revenue of RM23.06 million as of April 2026.
25d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 24 (Bernama) -- The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as ASEAN peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.
25d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, June 24 (Bernama) -- The Kuala Lumpur rubber market ended lower on Wednesday amid softer crude oil prices and a mixed performance in regional rubber futures markets, a dealer said.
25d ago
KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s foreign direct investment (FDI) rose 41.2 per cent to RM65.9 billion in 2025 from RM46.7 billion a year earlier, the Department of Statistics Malaysia (DoSM) said.
25d ago
KUALA LUMPUR, June 24 (Bernama) -- The ringgit has edged lower this year on expectations that US interest rates will remain elevated, the Ministry of Finance (MOF) said, though the currency continues to be underpinned by strong domestic fundamentals.
25d ago
KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened easier against the US dollar this morning and is expected to remain range-bound ahead of the United States' Personal Consumption Expenditures (PCE) inflation report due on Thursday.