KUALA LUMPUR: Malaysia expects to beat its approved investments target this year by working with, rather than competing against, its neighbours. The Southeast Asian country has already reached 47% of its full-year goal of 113.5 billion ringgit ($27.6 billion) in the first quarter, with the following two months showing increases compared to 2018, Malaysia Investment […]
Read MorePETALING JAYA: Three Malaysian companies have made it to the 200 top-performing public companies of the 2019 Forbes Asia’s Best Under A Billion list. Elsoft Research Bhd , Pentamaster Corp Bhd and Vitrox Corp Bhd have been recognised as among the leading public companies in the Asia-Pacific with an annual revenue of between US$5mil and US$1bil. The three companies beat […]
Read MoreKUALA LUMPUR: Malaysia saw an 18% year-on-year increase in cross-border capital for commercial property investments in the first quarter (Q1) of 2019, placing it in the top 10 countries in Asia Pacific, according to independent global property consultancy Knight Frank’s 2019 edition of its flagship report, Active Capital. Knight Frank Malaysia executive director of capital markets […]
Read MoreKUALA LUMPUR: Malaysia needs a long-term energy policy to ensure the sustainability of supply and attract investments into the country. These were among the key points shared at yesterday’s energy roundtable, a public-private discussion on the future of Malaysia’s energy landscape organised by Petroliam Nasional Bhd (Petronas) in collaboration with the World Economic Forum. Petronas president […]
Read MoreKUALA LUMPUR: The ringgit rose to a high of 4.1217 against the US dollar on Thursday after US Federal Reserve chairman Jerome Powell indicated a cut in interest rates. At 12.30pm, the ringgit was up 0.34% to 4.1230 — the highest since April 16. The Federal Reserve is preparing to cut interest rates for the […]
Read MoreBank Negara Malaysia (BNM) kept its policy rate on hold at 3 per cent, in line with expectations held by HSBC and 25 out of 28 economists polled by Bloomberg. The central bank believes that the external sector might be weighed down from slower global growth and trade-related downside risks. However, it expects domestic demand to […]
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