Ringgit ends slightly higher against US dollar
KUALA LUMPUR, June 3 — The ringgit ended slightly higher against the US dollar today on the back of the firmer oil price which rose...
RAM Ratings revises Malaysia’s headline inflation projection to 3.0 pct in 2021
KUALA LUMPUR, April 22 — RAM Ratings has revised its headline inflation projection for 2021 to 3.0 per cent from 2.3 per cent due to...
Bursa Malaysia opens higher but retreats thereafter
KUALA LUMPUR, March 19 — Bursa Malaysia opened higher in early trade today but retreated thereafter, weighed by weaker overnight Wall Street and oil market...
MMEA detains cargo ship over suspected dumping of waste oil in Selangor waters
LUMUT, March 7 — The Malaysian Maritime Enforcement Agency (MMEA) has detained a cargo ship suspected of dumping waste oil in Selangor waters, about 21.7...
Ringgit extends downtrend against US dollar in early trade
KUALA LUMPUR, Feb 26 — The ringgit extended its downtrend against the US dollar on Friday morning, as the stronger greenback sentiment curbed risk appetite...
MISC’s net profit slightly lower at RM258.3 mln in third quarter
KUALA LUMPUR, Nov 1 — MISC Bhd posted a slightly lower net profit of RM258.3 million in its third quarter ended Sept 30, 2020 (Q3...
34,200 account holders in Sik, Kuala Muda experience water supply disruption
ALOR SETAR, Nov 13 — A total of 34,200 account holders of Syarikat Air Darul Aman (SADA) in Sik and Kuala Muda are experiencing water...
OPEC+ Oil Ministers to discuss oil cuts on Monday amid looming Covid-19 second wave
MOSCOW, Oct. 19 — The energy ministers of the OPEC+ countries will convene on Monday to discuss compliance with the oil cuts agreement and the...
Dewan Rakyat to focus on Sarawak oil and gas rights claims today
KUALA LUMPUR, Aug 10 — The commercial settlement to the oil and gas rights claims in Sarawak will be one of the issues to be...
Legal tussles snarl millions in oil from Hin Leong deals
SINGAPORE, June 25 — Millions of dollars of oil stored in tanks and ships in Asia and Europe has become caught in a web of...
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...
Malaysia to strengthen trade ties with India after palm oil purchases
KUALA LUMPUR, May 21 — Malaysia voiced its commitment to further strengthen diplomatic and trade ties with India, after the world’s largest edible oil buyer...