MIDF Amanah: Ringgit To Appreciate Further Against US Dollar At RM4.23 At End-2024

KUALA LUMPUR, MIDF Amanah Investment Bank Bhd foresees there is room for the ringgit to appreciate further against the US dollar and to end 2024 at RM4.23 versus RM4.59 at end-2023.

Despite potential headwinds like weaker growth in China, the recess…

Gold Futures End Higher On Renewed Buying Interest

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher today, supported by renewed buying interest despite the slightly weaker performance of the US COMEX gold market.

The September 2024 contract rose to US$2,523.70 per …

Queen Attends UTM Royal Intellectual Forum In Johor

KUALA LUMPUR, Her Majesty Raja Zarith Sofiah, Queen of Malaysia, attended the Universiti Teknologi Malaysia (UTM) Royal Intellectual Forum in Johor today.

According to a post on Sultan Ibrahim Sultan Iskandar’s Facebook, the forum titled ‘Islamic St…

Labuan FSA Intensifies Crackdown On Dubious Investment Schemes Amid Rising Scam Cases

LABUAN, The Labuan Financial Services Authority (Labuan FSA) is ramping up its efforts to combat dubious investment schemes and foreign investment scams, warning the public to remain vigilant as such schemes often lure victims with promises of attrac…

CIIM Optimistic On Strengthened Malaysia-India Ties Following PM Anwar’s Visit

KUALA LUMPUR, The recent official visit of Prime Minister Datuk Seri Anwar Ibrahim to India has been hailed as a significant milestone in enhancing the economic and strategic partnership between the two nations.

Chairman of the Consortium of Indian …

Rubber Glove Industry To Contribute Up To Rm12.4 Bln In Export Revenue This Year

KUALA LUMPUR, The rubber glove industry is expected to contribute up to RM12.4 billion in export revenue this year, said the Ministry of Plantation and Commodities.

Deputy Plantation and Commodities Minister Datuk Chan Foong Hin said Malaysia export…

New Zealand, Malaysia, And Singapore Associations Sign MoU To Boost Economic Cooperation

KUALA LUMPUR, The New Zealand Malaysia Business Association (NZMBA) and the Singapore Business Association New Zealand have signed a memorandum of understanding (MoU) with the Auckland Business Chamber to enhance economic cooperation among New Zealan…