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Anwar’s experience needed to help stabilise economy: Nik Nazmi

SHAH ALAM: Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad (pix) has thrown his support behind Prime Minister Datuk Seri Anwar Ibrahim who also holds the portfolio of Finance Minister. He said Anwar’s experience as finance minister

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Bursa Malaysia mixed in early trade on profit taking

KUALA LUMPUR: Bursa Malaysia’s key index was slightly easier this morning as profit-taking started to emerge following the strong gains yesterday, while the broader market remained positive. At 9.06 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.26 of-a-point to 1,501.62 from 1,501.88 on Thursday.

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Bursa Malaysia rises as sentiment improve

KUALA LUMPUR: Bursa Malaysia rose in the early trade today as investors lauded the positive news from the United States Federal Reserve’s November meeting, where officials agreed that a slower pace of interest rate hikes was likely to be appropriate soon. At 9.07 am, the

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Edge boss gifted Justo US$2m for cleaning up country’s largest kleptocracy

KUALA LUMPUR: The chairman of The Edge Media Group today admitted at the High Court today that he gave 1Malaysia Development Berhad (1MDB) whistle-blower Xavier Andre Justo US$2 million as a gift for his contributions to cleaning up the country’s

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Malaysia Boosts Halal Corridors Between Malaysia and Türkiye at OIC Halal Expo 2022

ISTANBUL: Malaysia is set to host 9th OIC Halal Expo 2022 in conjunction with the 8th World Halal Summit on 24-27 November 2022 at Istanbul, Türkiye. The expo is expected to put a strong presence by taking up a pavilion called ‘Malaysia Showcase’.

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Malaysian currency, stocks down after inconclusive election

SINGAPORE: Malaysia’s share market and ringgit currency weakened in early trade on Monday, after a national election over the weekend resulted in the first hung parliament in the country’s history, to leave rival parties scrambling for coalition partners. The ringgit

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Ringgit likely to further strengthen against US dollar next week

KUALA LUMPUR, Nov 19 — The ringgit is expected to strengthen further against the US dollar next week, depending on the 15th General Election (GE15) results which will be announced on Saturday. The local note’s performance is also expected to

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Malaysia votes in general election, Anwar seen leading tight race

KUALA LUMPUR, Nov 19 (Reuters) – Malaysians were voting on Saturday in a general election that may fail to end the recent phase of political instability in the Southeast Asian nation as polls have predicted no clear winner. The alliance

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A mammoth task to maintain economic momentum awaits post-GE15

KUALA LUMPUR: Malaysia’s new administration faces a mammoth task of strengthening recovery, maintaining economic momentum and stabilising the political environment amid external headwinds which include potential global recessionary in 2023 as predicted by market observers. SPI Asset Management managing partner

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The first Africa Expo into Asian markets posts fruitful results

PUCHONG: The first edition of the African business expo into Asian markets in first-ever B2B tradeshow which concluded last week, was hailed as another fruitful event. With the tagline “Africa to Asia”, AE2022 features African business professionals from manufacturers, distributors, importers, and exporters of various

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