Bursa Malaysia forges ahead on improving global trade outlook

KUALA LUMPUR: The upward momentum on Bursa Malaysia continued on Monday as there has been a swell of optimism that trade negotiations between the US and China are likely to kick off in the near term. At 9.05am, the benchmark FBM KLCI was up 2.84 points to 1,545.33, with the buying interest picking up where it...

Ringgit rises against weaker US$

KUALA LUMPUR: The ringgit edged up slightly against the US dollar on Monday, as a weaker greenback, weighed down by dovish sentiment from the United States (US) Federal Reserve (Fed) on interest rates and new trade developments related to China, supported the local currency, said an analyst At 8 am, the local currency inched up to...

All eyes on US tariff response

PETALING JAYA: Business groups and industry players will be closely monitoring the Parliament’s special sitting today, which is set to discuss the impact of US tariffs. The special session will see about 20 lawmakers debating the implications of the United States’ decision on the country’s economy as well as the Malaysian government’s long-term planning and responses...

Rafizi questions PAS call to collect Kelantan’s own taxes

KUALA LUMPUR: Although reportedly on an extended leave, Economy Minister Datuk Seri Rafizi Ramli remains active in responding to issues raised by the opposition via his official social media platforms.   In his latest Facebook post on Saturday (May 3), Rafizi addressed opposition claims regarding federal tax collection, dismissing allegations that the federal government marginalised opposition-led states...

Drug price display: No fines during three-month grace period, say ministries

PUTRAJAYA: No compounds would be issued during the three-month “grace period” for the enforcement of the medicine price display law that came into effect on May 1.   The government would instead focus on advocacy and education during the period.   Enforcement would be jointly conducted by the Domestic Trade and Cost of Living (KPDN) and the Health ministries.   KPDN...

Malaysia, Philippines agree on need for non-discriminatory humanitarian aid to Myanmar

KUALA LUMPUR: Malaysia and the Philippines share the stance that all humanitarian assistance to Myanmar must be delivered without discrimination or restrictions, says Prime Minister Datuk Seri Anwar Ibrahim.   He said this was agreed upon during a telephone conversation with Philippine President Ferdinand Romualdez Marcos Jr on Friday (May 2).   Anwar said during the conversation with the...

Ringgit opens slightly firmer against US$ amid global uncertainty

KUALA LUMPUR: The ringgit opened marginally higher against the greenback on Friday, trading with a wider spread amid lingering uncertainty over global tariffs and weak US economic data, an economist said. At 8 am, the local currency inched up to 4.3115/3310 versus the greenback from Wednesday’s close of 4.3130/3185. The market was closed on Thursday for the Labour...

Bursa Malaysia opens in profit-taking mode ahead of weekend

KUALA LUMPUR: The FBM KLCI experienced a mild pullback as trading commenced on Friday after a one-day Labour Day holiday, with investors taking profit off strong gains from earlier in the week. The FBM KLCI slipped 2.8 points to 1,537.42 despite Wall Street's rally overnight on the back of stronger-than-expected earnings by Meta Platforms and Microsoft. Nvidia...

APU produces highest paid fresh graduates

IN today’s fast-evolving digital economy where artificial intelligence, big data and cyber threats continue to redefine how people live and work, the demand for future-ready tech professionals is at an all-time high. Employers are no longer simply seeking graduates; they’re searching for agile thinkers, problem solvers and true professionals with the right attitudes who can lead...

Stars continue to glitter for Malaysian super duo Hael Husaini-Nadeera Zaini as their blockbuster Raya song goes above 1.87 billion in social media & streaming platforms

It seems nothing seem to stop the magic combination Hael Husaini and Nadeera Zaini. They have had hits after hits and success after success over the last 15 months and it just does not seems to stop. Their Hari Raya hit 'Meriah Lain Macam' is by far the easy champion for this festival season. This tune...