KUALA LUMPUR: Malaysia is set to benefit from higher exports of goods and services this year as external demand strengthens, said the Malaysian Institute of Economic Research (MIER). It said on Tuesday the country will see stronger demand from its major trading partners, leading to the export of goods and services to grow by 1.8% […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) rose 4.7% in February from a year ago, underpinned by the manufacturing sector, but the growth was below a Bloomberg forecast of a 6.1% growth. The Statistics Department said on Tuesday the growth in February 2017 was driven by positive expansion in manufacturing (6.5%), mining (0.4%) and electricity […]
Read MoreMACTAN ISLAND, Cebu, Philippines – The Philippines firmed up yesterday agreements with Malaysia and Thailand to open up the banking industry, aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. led yesterday the signing of the Declaration of […]
Read MoreMALAYSIA-listed Ariantec Sdn Bhd’s (Ariantec) international affiliate payment solution provider PayAllz International has reached an agreement with locally owned Hello Digital to provide electronic payment products and services into Cambodia. According to the company’s filing to Bursa Malaysia Stock Exchange on Tuesday, Ariantec, a wholly owned subsidiary of Netx Holdings Berhad, will be offering fintech […]
Read MoreKUALA LUMPUR: The ringgit was lower against a rejuvenated US dollar early Friday, said a dealer. At 9.23 am(0123gmt) Friday, the ringgit was quoted at 4.4220/4260 against the dollar from 4.4190/4220 at 6pm on Thursday. The greenback rose on a combination of technical trading and strong first quarter US Gross Domestic Product data. “The 4.42 […]
Read MoreKUALA LUMPUR: Blue chips put up a lacklustre performance early Thursday awaiting fresh catalysts to drive the market which had seen foreign funds snapping up stocks while local institutions and retailers took profit in March. At 9.44am, the KLCI had shed 0.07 of a point to 1,750.34. Turnover was 579.61 million shares valued at RM206.43mil. […]
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