Business

Ringgit to see range-bound trading with upside bias next week

The ringgit will see range-bound trading next week and move between 4.30 and 4.35 against the US dollar with an upside bias, on expectation...

Malaysia’s bond and sukuk market plays major role in supporting economic growth

The Malaysian bond and sukuk market continues to play a major role in supporting economic growth through the financing of business expansion and infrastructure...

MIDA in talks with auto companies to invest in Malaysia

The Malaysian Investment Development Authority (MIDA) is currently in talks with several automotive companies which are interested to invest in Malaysia. Chief Executive Officer Azman...

Dalian Wanda could develop Bandar Malaysia

Malaysia is in talks with China's Dalian Wanda Group Co Ltd to develop a prime Kuala Lumpur property project, a week after the Finance...

Record high exports in March prove federal government’s resolve to promote Malaysian products

The record high exports in March, which breached the RM80 billion mark, the highest since independence, proves the government's resolve in promoting Malaysian products...

Bank Negara, Bank of Japan conclude bilateral swap of up to USD 3billion

Bank of Japan, acting as the agent for the Minister of Finance of Japan and Bank Negara Malaysia has reached an agreement-in-principle for a...

Government to call for tender for KL-Singapore HSR asset company by year-end

The government will call for a tender by the year-end to set up a privately-financed asset company (AssetsCo) for the Kuala Lumpur-Singapore High Speed...

Cagamas eyeing RM11 billion bond and sukuk issue this year

National mortgage corporation of Malaysia, Cagamas Bhd, is eyeing to issue a mixture of RM11 billion worth of bonds and sukuk this year compared...

Apple eyeing to tap India’s huge potential

Bullish on India, Apple CEO Tim Cook has said that the US tech giant was bolstering its presence in India's "underpenetrated" market to tap...

Banks hit at 52-week high, ringgit shines

Several banks hit a fresh 52-week high early Wednesday but came off by midday while Petronas Dagangan and Genting Bhd weighed down the FBM...

Aims reports 24% growth in 2016

The Aims Group (Aims), Southeast Asia’s leading carrier-neutral data services provider, today announced that the company recorded its highest ever 24% growth in revenue...

Ringgit opens higher against USD

The ringgit opened marginally higher against the US dollar today on better demand for the local note as weak US economic data dampened investor...

Petronas expands in China

Petronas Lubricants International (PLI) recently launched the newly expanded lubricant blending plant in the Weifang Economic Development Zone in Shandong, China, to meet the...

Malaysia’s banking system stable, says Moody’s

The outlook for Malaysia's banking system is expected to be stable over the next 12-18 months supported by stabilising operating conditions with improvement in...

Ringgit opens higher against USD

The ringgit extended its gains to open higher against the US dollar this morning as investors' appetite shifted to emerging currencies ahead of the...

LRT3 project right on track

Prasarana Malaysia Bhd is on track to award its main packages for the 37km Light Rail Transit 3 project by July, this year. To-date, the...

China targets 35 million vehicle sales by 2025, NEVs to make up one-fifth

China is targeting 35 million vehicle sales by 2025 and wants new energy vehicles (NEVs) to make up at least one-fifth of that total,...

Why are global players chasing Proton?

In Malaysian automotive circles, the guessing game has begun in earnest, as to who would emerge as Proton's foreign strategic partner (FSP) and if...

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