KULIM: The current uncertainty over the value of the ringgit has not affected foreign investors’ interest and efforts to woo them, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
GEORGE TOWN: The government has spent some RM30 million to transform Malaysia as a global hub for testing and certification of light-emitting diodes (LEDs).
KUALA LUMPUR: Shares on Bursa Malaysia closed on a firm note today as bargain-hunters triumphed over profit-takers.
KUALA LUMPUR: The ringgit rebounded to close stronger against the US dollar and other major currencies today on technical consolidation, a dealer said.
KUALA LUMPUR: Broad money, or M3, the measurement of money supply, grew 6.9 per cent in February, mainly driven by the extension of credit to the private sector by the banking system.
PETALING JAYA: Pharmaniaga Bhd aims to strike a balance in local pharmaceutical business by reversing the current ratio of non-concession versus concession from 42:58 to 60:40 in the next 3-4 years.
PETALING JAYA: Mydin Mohamed Holdings Bhd will absorb the cost of the Goods and Services Tax (GST) of RM15 million from the estimated RM300 million monthly profits of its hypermarket and supermarket outlets.
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has announced an income distribution of 7.75 sen per unit for Amanah Saham Bumiputera 2 (ASB2) fund for the year ending March 31, 2015.
SINGAPORE: Malayan Banking Bhd (Maybank) president and chief executive Datuk Abdul Farid Alias said the ringgit's true value should be at RM3.30 to the US dollar as present valuations is very much driven by greed and fear in the marketplace.Abdul Farid said the volatility in the currency markets rig
KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) has signed a partnership with Panasonic Eco Solutions Malaysia Sdn Bhd to enhance the investment flow from Japan.
TOKYO: Japan’s third-biggest city-gas supplier, Toho Gas Co, said on Tuesday it signed a basic agreement with a wholly-owned unit of Malaysia’s Petroliam Nasional Bhd (Petronas) to buy liquefied natural gas (LNG).
KUALA LUMPUR: KPJ Healthcare Bhd has proposed to acquire the entire stake of Crossborder Hall (M) Sdn Bhd and Crossborder Aim (M) Sdn Bhd for RM4.718 million.
KUALA LUMPUR: Malaysia’s reserves remained usable and unencumbered as at end-February 2015, based on the detailed breakdown of international reserves under the International Monetary Fund’s Special Data Dissemination Standard (SDDS) format.
NEW YORK: A month ago, it seemed inevitable: a massive global oversupply of crude oil production would overwhelm storage tanks in Oklahoma and fill supertankers off Singapore.
HONG KONG: Asian markets rallied Tuesday, led by Hong Kong and Shanghai after China’s decision to ease mortgage rules fuelled hopes for further stimulus measures, while improved confidence weighed on the safe-haven yen.