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Malaysia: Challenging days still ahead for retail

THE new year may not necessarily spell out cheery new beginnings for retailers as retail businesses in Penang continue to face lukewarm prospects. Consumer confidence is expected to stay soft while uncertainties in the global economy persist. This is, nonetheless, in line with trends of the Consumer Sentiments Index found in Malaysian Institute of Economic […]

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Passenger planes of Malaysia's national flag carrier, Malaysian Airline System Bhd (MAS), sit in the tarmac at Kuala Lumpur International Airport in Sepang, outside Kuala Lumpur, Malaysia, Wednesday, Dec. 6, 2006. National carrier Malaysia Airlines will embark on a massive exercise to improve service, match rivals' lowest fares, and revamp its ticketing process to catch up with regional foes Cathay Pacific and Singapore Airlines, its chief executive said Wednesday. (AP Photo/Vincent Thian)
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Malaysia Airlines named leading ASEAN Airline in Indonesia

KUALA LUMPUR, Dec 14:Â Malaysia Airlines was named the leading ASEAN Airline in Indonesia at the recent 8th Indonesia Travel Tourism Awards (ITTA) 2017/18. Featuring an impressive list of travel brands across the Indonesian tourism industry, the airline was among 160 nominees across 50 categories. Receiving the award on behalf of Malaysia Airlines was Regional Manager […]

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Malaysia: Ringgit moves higher on positive growth outlook

KUALA LUMPUR: The ringgit extended Thursday’s gains to be higher against the US dollar early Friday, boosted by strong sentiment towards the local currency, dealers said. At 9 am(0100gmt), the local unit stood at 4.0760/0800 from 4.0830/0860 at Thursday’s close. A dealer said the demand for the ringgit has strengthened following the positive outlook from […]

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Malaysian debt concerns mitigated by strong growth

PETALING JAYA: Moody’s Investors Service, which recently re-affirmed the country’s sovereign credit ratings, has highlighted concerns over the government’s debt that the rating agency feels would be mitigated by the strong economic growth. According to Moody’s, the country’s resilient economic growth, deep domestic capital market, large international asset position and sizeable export proceeds could help […]

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KUALA LUMPUR, 7 Jan -- Ringgit terus merosot berbanding dolar Amerika Syarikat (AS) apabila disebutharga lebih rendah pada 4.4200 berbanding dolar AS berbanding 4.3890 semalam. Seorang petugas tukaran wang menunjukkan nilai USD100 berbanding RM442.00 yang diniagakan hari ini. --fotoBERNAMA (2016) HAK CIPTA TERPELIHARA
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Malaysia: Ringgit firmer against USD in early trade

KUALA LUMPUR, Dec 14:Â The ringgit was firmer against the US dollar in early trade today on the back of weak sentiment for the safe-haven currency after the US Federal Reserve (Fed) raised interest rates amid the release of disappointing inflation data, dealers said. At 9 am, the local unit stood at 4.0690/0720 from 4.0850/0880 recorded […]

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