ALT ALT

Business

Back to homepage

As of 2021, over 50 countries have bans on cryptocurrency

CRYPTOCURRENCIES gained extraordinary popularity in 2021. Yet, a number of countries have decided to ban or heavily regulate these volatile assets for various reasons. In 2021, cryptocurrencies took the economic markets by storm. While some countries haven’t specifically outlined a

Read More

KBBM: Rural baker strengthens online businesses, expands product brand

KINABATANGAN: Who doesn’t like to eat bread? Just like any other food, bread is meant to be enjoyed. Seriously, what better way to spend time with family than enjoying slices of classic white bread or bun filled with various rich

Read More

Malaysia’s trade crosses RM2 trln mark, first time in history

KUALA LUMPUR: Malaysia’s total trade surpassed the RM2 trillion mark for the first time in history, expanding 24.6 per cent year-on-year (y-o-y) to RM2.01 trillion from January to November 2021. Malaysia External Trade Development Corporation (Matrade) said during the period,

Read More

Ringgit continues slide against US dollar at opening

KUALA LUMPUR: The ringgit continued its slide against the US dollar at opening today, as the greenback strengthens further amid uncertainties surrounding the Omicron variant, which prompted risk aversion, as well as Federal Reserve’s (Fed) continued hawkish statement, dealers said.

Read More

Price hike of goods in Melaka due to middlemen

MELAKA: The increase in price of food supplies such as vegetables and chicken in Melaka is believed to be due to ‘middlemen’ who supply the goods to traders at high prices. State Unity, Community Relations, Manpower and Consumer Affairs Committee

Read More

BNM, all banks remain open, operating as usual on Friday

KUALA LUMPUR: Bank Negara Malaysia (BNM) and all banks, including branch operations, in the Federal Territory of Kuala Lumpur will be open and operating as usual on Friday, Dec 3, 2021. In a statement today, BNM said in this regard,

Read More

Turkey, Malaysia ink pacts to boost collaboration in aerospace industry

ANKARA: Sirim Berhad and Turkish Aerospace on Thursday inked a Memorandum of Understanding aimed at fostering collaboration in developing the Aerospace Industry ecosystem. With the MoU, both parties will co-operate in areas related to conformity assessment, quality and standards development, research

Read More

PM: Gov’t allocates RM262 mln to assist farmers hit by hike in price of fertilisers, pesticides

KUALA LUMPUR: The government will allocate RM262 million as an early response to assist farmers affected by the increase in the prices of fertilisers and pesticides, said Prime Minister Datuk Seri Ismail Sabri Yaakob. He said that of the amount, RM62

Read More

Ringgit extends downtrend against US dollar at opening

KUALA LUMPUR: The ringgit extended its downtrend for the fourth consecutive day to open lower against the US dollar amid expectations for a faster tapering process and possible rate hikes by the Federal Reserve, an analyst said. At 9 am, the

Read More

PM: Malaysia capable of achieving 100 pct digital inclusivity

KUALA LUMPUR: Malaysia has the capacity and capability to achieve 100 per cent digital inclusivity, especially among the vulnerable communities, in its effort to bridge the digital divide, Prime Minister Datuk Seri Ismail Sabri Yaakob(pix) said. He said efficient and effective

Read More