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2y

PNB confirms UMW, Sime Darby proposed consolidation

Strategic move aims to boost local, regional presence in auto sector

2y

Ringgit opens higher on weaker PMI flash estimates for advanced economies

Meanwhile, Bursa also opens better, tracking Wall Street’s positive overnight performance

2y

Ringgit lower as investors await Fed signals from Jackson Hole

All eyes on annual meet of global central bankers in Wyoming

2y

Ringgit opens flat against USD on mixed sentiments

Meanwhile, FBM KLCI eases to 1,450.43 from yesterday’s 1,450.57

2y

US companies pledge RM100 bil investment in M’sia in 18 months: envoy

United States ambassador highlights electronics, semiconductor sectors as major recipients

2y

BHIC unit disposes of 20.77% stake in Boustead Naval Shipyard for RM1

This to facilitate govt’s decision to acquire 100% of BNS shares to ensure LCS completion

2y

Sabah’s low wages due to SME dominance: Sivakumar

HR minister says SMEs lack resources to offer competitive pay 

2y

Over half a mil unemployed nationwide, with 29% in Sabah: Sivakumar

State’s unemployment rate at 7.7% in Q1 2023, more than double 3.5% for whole country, says HR minister

2y

Bursa opens mixed amid weak sentiments

Meanwhile, ringgit flat at 4.6460/6500 v greenback from 4.6465/6510 on Friday

2y

Govt confident of meeting 4-5% GDP forecast this year: Anwar

PM says his administration will continue to expedite investments, projects

2y

Malaysia’s GDP expands by 2.9% in Q2 2023

Economy growth moderated due to weaker export demands, expert says

2y

Bursa retreats after opening higher

This is due to extended profit-taking in selected heavyweights amid weaker sentiment

2y

Ringgit breaks downtrend as USD takes breather

Local note increases to 4.6355/6400 against greenback from yesterday’s 4.6535/6550