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KLCI falls as investors take profit, ringgit at 4.4760

On Friday, the Ringgit increased its advances and reached a three-month high. At 5 pm, the local currency was trading at 4.4760, up 0.43%...

Bank Negara issues exposure draft on licensing and regulatory framework for...

Following the release of the discussion paper earlier this year. Bank Negara Malaysia (BNM) today released the exposure draft on the licensing and regulatory...

Budget 2023 will be among the focus for the 15th parliament...

KUALA LUMPUR: Before Budget 2023, the first topic to be debate in the Parliament session will be important. The parliment debate under Prime Minister Datuk...

Boustead Plantations expects continued volatility in palm oil prices

KUALA LUMPUR: Boustead Plantations Bhd stated that due to high stock levels in Malaysia and Indonesia, palm oil prices are projected to be highly...

Malaysian banks’ loan growth to stay at 5-6% in 2023 on...

S&P Global Ratings anticipates that the Malaysian banking sector will continue to expand loans at a rate of 5% to 6% in 2023 as...

Asia-Pacific leaders condemn war, renew calls for open trade

Bangkok, Thailand, Saturday, Nov. 19, 2022: Leaders from the Asia-Pacific region demanded an end to Russia's conflict with Ukraine and committed to guiding the...

WTO warns of ‘real’ recession risk in some major economies

Indonesia's NUSA DUA: The crisis in Ukraine, rising food and gasoline prices, and surging inflation have all contributed to a cloudy view of the...

Yu Syndicate swindled RM800 million from Rapid Synergy BHD in land...

The Yu Syndicate, controlled by YU KUAN CHON and YU KUAN HUAT, swindled RM800 million from Rapid Synergy in land scams. Using puppet companies like YNH Property BHD and Rapid Synergy BHD, they accessed funds for fraudulent business operations.

Indonesia hikes fuel prices by 30%, cuts energy subsidies

JAKARTA, Indonesia: Fuel prices increased by about 30% across Indonesia on Saturday. After the government reduced some of the costly subsidies that have kept...

EcoWorld in end-financing tie-up with Public Bank

PETALING JAYA: Eco World Development Group Bhd (EcoWorld) has inked a memorandum of understanding (MoU) with Public Bank Bhd to offer a special end-financing...
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