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Market participants must be prepared to capitalise on price volatility
KUALA LUMPUR: Market participants must be prepared to capitalise on heightened price volatility brought about by the challenging operating environment and markets, Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said. This is given the likelihood that global macroeconomic headwinds
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Apam balik seller maintains 50 sen price for 25 years
LUMUT: The rising cost of goods has left many traders with no option but to increase their prices. An apam balik seller in Pantai Remis, however, has maintained the price of the pancake-styled snack, selling it for 50 sen for
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Socso committed to ensure implementation of Budget 2023 initiatives
PUTRAJAYA: The Social Security Organisation (Socso) is committed to ensuring that all of its 54 offices nationwide are ready to implement government initiatives under Budget 2023, in strengthening the country’s social protection and empowering the local labour market. Its chief
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Miti in talks with Proton, Perodua to expedite production of national EVs
KUALA LUMPUR: The International Trade and Industry Ministry (Miti) is discussing with local producers Proton and Perusahaan Otomobil Kedua Sdn Bhd (Perodua) on expediting the production of national electric vehicles (EVs) and introduction of affordable EVs, said its minister Tengku
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Mok Su Gayah weaves songket with sense of touch
KUALA TERENGGANU: Being blind has not stopped single mother of four, Gayah Awang from continuing her ability in songket weaving, a skill she had developed since childhood and is now her main source of income. Though it has not been
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Bursa starts on uptrend but fails to sustain momentum
KUALA LUMPUR: Bursa Malaysia started the day with a marginal gain but retreated within minutes, taking the cue from the poor performance on Wall Street. Persistent worries over interest rates weighed down on market sentiments in the US. At 9.15am,
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Ringgit opens lower against US dollar
KUALA LUMPUR: The ringgit retreated from its gains yesterday to open lower against the US dollar today as investors returned to safe haven currencies due to renewed concerns over the current uncertainties in market sentiments, an analyst said. At 9.01 am,
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Ringgit opens higher despite market uncertainty and recession fears
KUALA LUMPUR: The ringgit improved upon its less-than-impressive performance yesterday to start today slightly higher against the US dollar. This is despite market uncertainty over the US Federal Reserve’s (Fed) upcoming interest rate decision. At 9am, the local note appreciated
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Bursa Malaysia opens lower but then turns slightly higher
KUALA LUMPUR: Bursa Malaysia opened lower but turned slightly higher soon after on improved buying appetite. At 9.29am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) added 0.45 of-a-point to 1,474.44 from yesterday’s closing of 1,473.99. The market bellwether opened
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Beacon of hope for economy, businesses in 2022
KUALA LUMPUR: Looking back at the eventful 2022 when Malaysians voted for a new government while on the other side of the globe, the Ukraine-Russia war continues to sow death and destruction to the people, April 1, 2022, however, marked
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