Business

Asean’s FDI to surpass China this year

United Overseas Bank (M) Bhd foresees foreign direct investment (FDI) inflows into Asean to surpass China for the first time this year, after falling...

Ringgit opens higher against USD

The ringgit opened higher against the US dollar today on improved demand for the currency, a dealer said. At 9 am, the local unit was...

Ringgit opens unchanged against USD

The ringgit opened unchanged against the US dollar, prompted by demand for the local currency although traders were adopting a cautious mode, a dealer...

Connectivity in Asean bond markets must be inclusive – Securities Commission

Any form of connectivity in the bond markets across Asean must be inclusive and provide benefits to all participating countries, said He said while integration...

Ringgit remains unchanged vs USD

The ringgit opened unchanged against the US dollar at early morning Tuesday on lack of market sentiment ahead of the US Federal Reserve's (Fed)...

KLSE – Investors locking in recent gains

After hitting a near 10-month high on Monday, investors decided to lock in some of the recent gains early Tuesday, sending the FBM KLCI...

Petronas may consider relocating Canada LNG project

Petroliam Nasional Bhd (Petronas) may consider relocating the Pacific NorthWest liquefied natural gas (LNG) export terminal project planned in northern British Columbia, Canada. Chairman Mohd...

Economy to see 4.2% growth this year – OCBC

Malaysia's economy will grow by 4.2% this year, aided by an improvement in exports, recovering commodity prices and robust domestic consumption. OCBC Bank Economist, Wellian...

Sarawak’s timber industry exports fall sharply to RM 5.94 billion in 2016

Sarawak's timber industry export earnings have plunged to RM5.94 billion last year from RM7.2 billion in the previous year due to the global economic...

Better prospects for rubber industry

The natural rubber (NR) shortage and the recovery in the global economy have brightened prospects for the industry this year and these will boost...

Penang trailing behind KL and Labuan in economic growth – PCM Huan

Based on statistics, Labuan and Kuala Lumpur had outperformed DAP-led Penang government in terms of Gross Domestic Product (GDP) per capita as well as...

Ringgit opens higher against USD

The ringgit opened higher against the US dollar today following the release of the US non-farm payrolls data (NFP) last Friday, Feb 3, showing...

Ringgit likely to strengthen against US dollar next week

The ringgit is expected to further strengthen against the US dollar next week to between 4.4000 and 4.3500, riding on the greenback's weakness in...

Malaysian food exporters to US likely undergo auditing under new FDA rule – Matrade

Malaysian food exporters to the United States will likely need to undergo auditing process on their factories and record keeping procedures when the US...

Ringgit opens lower against USD

The ringgit was lower against the US dollar in the early session today on lack of buying momentum, said a dealer. At 9.12 am, the...

Volvo Malaysia eyes five new export markets this year

Volvo Car Manufacturing Malaysia Sdn Bhd is eyeing a bigger export market in the Asian region this year following the restructuring of its plant...

Maybank investment bank optimistic on MAHB financial outlook

Maybank Investment Bank is optimistic over Malaysia Airports Holdings Bhd's 2017 outlook and expects an eight per cent growth in air traffic. The investment bank...

Bursa welcomes rooster year on positive note

Bursa Malaysia opened marginally higher today, as traders welcomed the first trading day of the Year of the Rooster. At 9 am, the benchmark FTSE...

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