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Malaysia unlikely to go into recession due to economic diversification

KUALA LUMPUR: Malaysia is not likely to slip into a recession due to the diversified structure of its economy. Which is less dependent on...

Hong Kong once again ranked as world’s freest economy

HONG KONG: The Hong Kong Special Administrative Region government on Thursday welcomed the Fraser Institute’s recognition of the territory as the world’s freest economy. In...

Franchise sales to increase to RM23bil by 2025

PETALING JAYA: Malaysia’s franchise industry is expected to see its sales value increase to RM22.66bil by 2025 from RM14.65bil in 2020, says Prime Minister...

Bank Negara raises OPR by 25bps to 2.5%, as expected

KUALA LUMPUR: Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.5% on...

Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028

KUALA LUMPUR: Bursa Malaysia finished higher on Wednesday in the absence of market-moving factors. While the ringgit weakened to a 24-year low against the...

Better Internet connectivity for Sarawak with a new submarine cable to...

KUCHING: Sarawak can look forward to better Internet connectivity following the launch of a new submarine cable to Singapore via Batam and a Tier...

Oil prices ease on symbolic OPEC+ output cut

SINGAPORE: OPEC and allied oil-producing countries, including Russia, made a small trim in their supplies to the global economy. Underlining their unhappiness as recession...

SK Hynix to invest US$11bil in new South Korea chip plant

SEOUL: SK Hynix Inc, the world's second-largest memory chip maker, said it will invest 15 trillion won ($10.9 billion) over the next five years...

Malaysia end-August palm oil stocks hit 2 million tonnes for first...

KUALA LUMPUR: Malaysia's palm oil inventories in end-August likely swelled above 2 million tonnes for the first time in more than two years lifted...

Maybank to facilitate the trading of shariah-compliant securities on Bursa under...

KUALA LUMPUR: Under the Islamic Securities Selling and Buying — Negotiated Transaction (ISSBNT) framework Bursa Malaysia has added Maybank Investment Bank Bhd(Maybank IB) as...
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