Economics

Sarawak welcomes oil, gas firms for carbon capture projects

MIRI: The state government welcomes any oil and gas company which wants to participate in the carbon capture and utilisation…

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Malaysia set to benefit indirectly from China’s stimulus – economists

KUALA LUMPUR: Malaysia will likely gain indirect benefit from China's recent stimulus measures, which includes interest rate cuts and property…

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Ringgit marginally higher at 4.2160 to the US dollar

KUALA LUMPUR: The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United…

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Anwar’s visit to Pakistan secures RM2.65bil in trade deals, says minister

Tengku Zafrul Aziz says it involves an increase in imports of palm oil, wood-based products, fertilisers, petrochemicals, and oleochemicals.

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Oil rises as Middle East conflict deepens, gains capped by global supply outlook

LONDON: Oil prices ticked higher in early trade on Thursday as investors weighed the escalating conflict in the Middle East…

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53,000 Malaysians under-30 burdened with RM1.9bil debt

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly…

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Over 2,900 farmers affected by floods in Kedah, Perlis

ALOR STAR: Recent floods in Kedah and Perlis have impacted over 2,900 farmers and devastated nearly 6,000 hectares of padi…

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Ringgit hits 4.1150 to the US dollar

KUALA LUMPUR: The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive…

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Ringgit regains strength to 4.12 against US dollar

KUALA LUMPUR: The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction…

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Strong ringgit spurs buying mode

PETALING JAYA: As the ringgit continues to strengthen against major world currencies, Malaysians are seizing the opportunity to diversify their…

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Ringgit seen to trade at 4.15-4.20 range

KUALA LUMPUR: The ringgit could trade stronger in the coming weeks after surging to its highest level since March 2022…

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Bursa Malaysia makes slow start after Fed rate cut as concerns remain over cooling US economy

KUALA LUMPUR: Investors were slow to digest the news of the Federal Reserve's overnight rate cut following Wall Street's mixed…

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Malaysia palm oil prices seen stable as ringgit gains offset tighter supplies, MPOC says

KUALA LUMPUR: Crude palm oil prices are expected to remain stable this month, as a strengthening ringgit currency offset tighter…

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Intel says it is committed to expanding in Malaysia despite plant-start-up delays

KUALA LUMPUR: Intel Corporation said it remains committed to its long term expansion plans in Malaysia despite plans to delay…

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Malaysia’s long-term prospects bright with new ‘investment-upcyle’ – BNM governor

KUALA LUMPUR: Malaysia's long-term prospects is bright given the new 'investment-upcycle' which will help increase economic complexity and ultimately bring…

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