KUALA LUMPUR: The ringgit was significantly higher against the US dollar this morning, touching a level it had not seen since July 2016, as sentiment towards the local unit improved on the back of the country’s solid economic growth. At 9.16 am, the local unit stood at 3.9750/9780 against the greenback from 3.9850/9900 at the […]
Read MoreDNC Asiatic Holdings Sdn Bhd, a Malaysian manufacturer of motorcycles, will ship 25,000 units of its Demak model to the kingdom this year, in a deal worth $56 million that is part of its overseas expansion strategy. Its Cambodian partner Asian Comfort Investment Co Ltd will be the main authorised distributor in the kingdom, as […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production rose 5% in November from a year earlier, boosted by gains in all three major sectors, government data showed on Thursday. Factory output was just above the 4.7% annual rise forecast in a Reuters poll, and up from the 3.4% growth in October. Manufacturing sector output expanded 6.7% from a […]
Read MoreKUALA LUMPUR, Jan 11: The Securities Commission Malaysia has directed Singapore-registered blockchain startup to cease and desist all its proposed activities including a planned initial coin offering (ICO), prompting an apology from the company. CopyCash CEO Bobby Lieu, who is Malaysian, had planned to launch the ICO of CopyCashCoins worth about RM50 million (S$16.6 million) at […]
Read MoreCURRENTLY, commuting by car is the most preferred option and will remain so until the ongoing construction of public transport infrastructure is fully completed. As such, cost of fuel will continue to have a huge impact on the household budget of Malaysians as it is a core component of our domestic expenditure. Up until 2014, […]
Read MoreMalaysia plans to expand its connectivity with the kingdom, particularly air travel, a high-ranking Malaysian official said on the weekend. In an interview with Khmer Times on Saturday, Malaysia’s Deputy Transport Minister Datuk Aziz Kaprawi said he hopes to see more Cambodian airlines flying to Malaysia, as it would increase the number of travellers visiting […]
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