[KUALA LUMPUR] Any international bank that has an operating license in Malaysia could face legal action if it facilitates ringgit futures trading on the Singapore Stock Exchange and the Intercontinental Exchange, Malaysia’s central bank governor said on Friday. Bank Negara Malaysia (BNM) Governor Muhammad Ibrahim said any ringgit transaction in Singapore involving a Malaysian client […]
Read MoreKUALA LUMPUR — Malaysia’s economy grew faster than economists forecast in the second quarter, fuelled by stronger consumer spending and a pick-up in manufacturing. Key Points Gross domestic product rose 5.8% from a year earlier, after climbing 5.6% in the first quarter, Bank Negara Malaysia said Friday The median estimate of 26 economists surveyed by […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to have grown at a slightly slower pace in the second quarter due to weaker private consumption, even as trade remained robust. South-East Asia’s third-largest economy likely grew 5.4% in April-May from a year earlier, easing from 5.6% in the first quarter, according to the median of forecasts by […]
Read More(KPL) Malaysia has been ranked the 4th largest foreign direct investor in Laos following China, Vietnam and Thailand with many Malaysian investment projects reported in hydropower industry and special economic zones. Malaysia Ambassador to Laos Mohd Aini Atan told Mrs Khemmani Pholsena, Minister of Industry and Commerce on Wednesday that Malaysian investors were keen to continue […]
Read MoreTEMPO.CO, Jakarta – The trilateral partnership forum of Indonesia, Malaysia, and Thailand, is currently discussing on strengthening the services of halal products in the ASEAN region and a mutually beneficial economic improvement. Minister of Religious Affairs Lukman Hakim Saifuddin said that the Indonesia-Malaysia-Thailand growth triangle (IMT-GT) forum is a strategic moment to build an alliance between three countries in […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose to their highest level in over a week on Thursday evening on expectations of soyoil gains, despite the earlier release of bearish industry data. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 1.3 percent to 2,663 ringgit ($620.75) on Thursday evening. It earlier climbed to […]
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