KUALA LUMPUR: Exports in August rose to post a 4.1 per cent annualised growth while imports decreased by 6.1 per cent, leading the trade surplus to widen to RM10.19 billion.
KUALA LUMPUR: Moody's has maintained its 4.8 per cent growth outlook for Malaysia for 2015 but lowered its growth outlook to 4.5 per cent from 5 per cent for 2016.
KUALA LUMPUR: Malaysia will follow Vietnam as a close second in terms of biggest long-term beneficiaries from the recently concluded Trans Pacific Partnership says Credit Suisse.
PUTRAJAYA: There may be a special Parliament sitting to discuss the details of the Trans Pacific Partnership Agreement (TPP), says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
SINGAPORE: The ringgit jumped more than 5 per cent to a five-week high on Wednesday on stop-loss dollar selling and higher local stocks.
KUALA LUMPUR: AirAsia has announced to Bursa Malaysia that it has no knowledge of it being taken private.
KUALA LUMPUR: SAP has announced the appointment of Terrence Yong as Managing Director for Malaysia.
KUALA LUMPUR: CORPORATE captains and analysts say the Trans-Pacific Partnership (TPP) agreement will provide greater global market access for Malaysian companies and improve overall trade.
KUALA LUMPUR: Malaysia has issued a directive to traders that crude palm oil (CPO) imports will be restricted, to bring down the current inventory of 2.49 million tonnes to two million tonnes.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts (FKLI) on Bursa Malaysia Derivatives opened mixed this morning amid a higher cash market.
KUALA LUMPUR: The ringgit opened firmer against the US dollar in early trade Wednesday, supported by continued buying momentum amid weak sentiment for the greenback.
KUALA LUMPUR: Bursa Malaysia opened lower today on profit-taking activities and in tandem with the downtrend among regional peers. At 9.25 am, the key index was down 3.49 points to 1,659.02, after opening 3.86 points lower at 1,658.65.
SEOUL: Samsung Electronics Co Ltd said on Wednesday its July-September operating profit likely leapt 79.8 percent from a year earlier, beating expectations and pushing the South Korean tech giant’s share price sharply higher.
KUALA LUMPUR: Malaysia’s strong stand to carve out tobacco from the Trans Pacific Partnership agreement has been lauded by public health groups across the world.
KUALA LUMPUR: The ringgit closed broadly higher against a basket of major currencies, including the US dollar, today on improved risk appetite for the local note, a dealer said.
KUALA LUMPUR: The ratification of the Trans-Pacific Partnership Agreement (TPPA) and its possible implementation by the government could take as long as two years.
SEOUL: More than a year into the overhaul of its smartphone lineup, Samsung Electronics Co Ltd has yet to find a way to reverse a slide in market share or margins, clouding its growth outlook and fuelling investor impatience.
PETALING JAYA: The 2016 Budget will be people-friendly and bigger than the previous one in the quest to help low and middle-income groups cope with inflation and rising cost of living, Deputy Finance Minister Datuk Chua Tee Yong said.
WASHINGTON: US President Barack Obama issued a congratulatory message on Monday on the conclusion of the much-discussed Trans-Pacific Partnership Agreement (TPPA) negotiations in Atlanta.
KUALA LUMPUR: Malaysia hopes to maintain palm oil stocks at about two million tonnes from the 2.49 million tonnes recorded as at end-Sept by implementing replanting incentives and minimising imports.
KUALA LUMPUR: The World Bank says Malaysia’s growth will slow to 4.7per cent this year and next year before picking up in 2017 to five per cent.
KUALA LUMPUR: TRADE Ministers from 12 countries have reached an agreement on the Trans-Pacific Partnership (TPP) negotiations, marking the conclusion of the trade pact.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) intends to wholly-own 1Malaysia Development Bhd’s (1MDB) Edra Global Energy Bhd rather than be co-owners or part of a power consortium.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts (FKLI) on Bursa Malaysia Derivatives opened higher this morning in tandem with the improving cash market.
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher today, in tandem with the positive overnight performance of Wall Street.
KUALA LUMPUR: Short-term interbank rates are expected to remain stable today as Bank Negara Malaysia (BNM) intervenes to absorb surplus liquidity from the financial system.
RINGGIT CONTINUES UPWARD TREND AGAINST US$ IN EARLY TRADE
ATLANTA: Pacific trade ministers have reached a deal on the most sweeping trade liberalisation pact in a generation that will cut trade barriers and set common standards for 12 countries, an official familiar with the talks said on Monday.
KUALA LUMPUR: Toyota and Lexus car prices will be increased by between 4 to 16 per cent as of January next year.
KUALA LUMPUR: Manufacturers of building materials must get their products certified by the Construction Industry Development Board (CIDB) by Jan 1, while construction personnel have up to June 1 next year to register themselves with the board.
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