Business
Back to homepage
South Korea approves Google bid to export high-precision map data
SEOUL, Feb 27 — South Korea today approved Google’s request to export the country’s high-precision map data to overseas servers, a major reversal after two decades of rejection that clears the way for the US tech giant to enter a
Read More
Terengganu Oil & Gas Council members secure over RM1b in Petronas contracts annually since 2019
CHUKAI, Feb 27 — Members of the Terengganu Oil & Gas Council (TOGC) have bagged contracts worth more than RM1 billion annually to undertake several works in the oil and gas industry in the state from Petroliam Nasional Bhd (Petronas)
Read More
DOSM: Malaysia’s January trade at RM272.4b as exports rise to RM146.9b; Penang top exporter
KUALA LUMPUR, Feb 27 — Malaysia’s total trade in January 2026 reached RM272.4 billion, with exports and imports recorded at RM146.9 billion and RM125.5 billion, respectively, according to the Department of Statistics Malaysia (DOSM). Chief statistician Malaysia, Datuk Seri Dr
Read More
BNM: Malaysia’s official reserve assets rise to US$126.87b at end-January 2026
KUALA LUMPUR, Feb 27 — Malaysia’s official reserve assets amounted to US$126.87 billion (RM492 billion) as at end-January 2026, as compared to US$125.53 billion as at end-December 2025. Bank Negara Malaysia (BNM) said other foreign currency assets stood at US$569.7
Read More
Ringgit opens firmer against US dollar, regional currencies
KUALA LUMPUR, Feb 27 — The ringgit opened marginally firmer against the US dollar and other major currencies on Friday, supported by a pullback in United States Treasury yields and early Asian session positioning, despite the US dollar index (DXY)
Read More
Auto giant Stellantis posts RM102b loss in 2025, second largest in French history
PARIS, Feb 26 — Automaker Stellantis announced today a net loss of €22.3 billion (RM102 billion) for 2025, the second largest ever recorded by a French group, impacted by exceptional charges of €25.4 billion. On February 6, the group had
Read More
IMF urges US to work with global partners to ease trade restrictions
WASHINGTON, Feb 26 — The IMF yesterday called on the United States to work with trading partners and find ways to mutually ease trade curbs, as it issued a review of the world’s biggest economy. The International Monetary Fund’s findings
Read More
Ringgit opens higher at 3.8850 against US dollar on upbeat economic outlook, weaker greenback
KUALA LUMPUR, Feb 26 — The ringgit opened firmer against the US dollar today, underpinned by Malaysia’s positive economic outlook and a softer greenback. At 8 am, the local currency strengthened to 3.8850/8960 against the dollar from Wednesday’s close of
Read More
Ringgit closes little changed against US dollar
KUALA LUMPUR, Feb 25 — The ringgit held steady against a strong US dollar, closing little changed from yesterday’s level, driven by positive economic resilience as reflected in the Leading Index (LI) data. At 6pm, the ringgit traded at 3.8900/8955
Read More
Bank Negara imposes penalties on 13 money services business licensees
KUALA LUMPUR, Feb 25 — Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) ranging from RM1,500 to RM2,000 against 13 money services business (MSB) licensees for failure to meet the minimum capital funds requirement between July 2025 and
Read More