Economic recovery plan to continue through private sector collaboration
KUALA LUMPUR, May 29 — The short-term economic recovery plan which will be announced by the Prime Minister will see continued cooperation between the government...
Ringgit rises against US Dollar in early session
KUALA LUMPUR, May 29 — The ringgit strengthened against the US dollar in early session today on an overnight recovery of oil prices but investors...
Bursa Malaysia slightly lower in early trade
KUALA LUMPUR, May 29 — Bursa Malaysia retreated from yesterday’s gains to open slightly lower this morning dampened by selling in the index-linked counters amid...
Demand for retail, office space to temporarily retract before bouncing back
KUALA LUMPUR, May 28 — The retail and office space sectors are among the notable casualties of Covid-19 pandemic as people adapt to the new...
Malaysia chairs first ever fully virtual Apec Senior Officials’ meeting
KUALA LUMPUR, May 28 — Malaysia has successfully chaired the Asia-Pacific Economic Cooperation (Apec) Virtual Extraordinary Senior Officials’ Meeting (Vesom) on Covid-19, in a four-hour...
Bursa Malaysia extends uptrend in early trade
KUALA LUMPUR, May 28 — Bursa Malaysia extended yesterday’s upward momentum to opened higher this morning amid positive market sentiment with buying spotted in the...
Asian stocks pull back as Hong Kong uncertainty weighs
NEW YORK, May 27 — Asian shares shed some of their recent gains today as investor concerns about rising tensions between the United States and...
Pressure keeps rising for Apac companies as coronavirus impact becomes clearer
KUALA LUMPUR, May 25 — Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (Apac) have high exposure...
Net foreign outflow eases to RM394.34 million
KUALA LUMPUR, May 24 — Foreign investors continued to exit Bursa Malaysia for the May 18 to 21 periods, recording a total net outflow of...
Finance minister: New normal may be permanent normal
KUALA LUMPUR, May 23 — Consumer behaviour has possibly changed due to the Covid-19 pandemic, making the new normal permanent — something retailers need to...
Malaysian economy to face sharp slowdown as leading indicator records largest drop in March
KUALA LUMPUR, May 22 — The Leading Indicator (LI) for March 2020 recorded its largest monthly drop since November 1991, following the imposition of a...
Ringgit higher against US dollar in early session
KUALA LUMPUR, May 21 — The ringgit regained some of its lost ground yesterday to trade higher against the US dollar in the early session...