Ringgit to perform in the long run, says BNM Governor
KUALA LUMPUR: Bank Negara Malaysia (BNM) expects the ringgit to perform in the long-run, driven by strong economic fundamentals, Governor…
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Miti: Malaysia sees strong inflow of foreign direct investments
KUCHING: Despite ongoing economic challenges both domestic and abroad, Malaysia continues to see strong inflow of foreign direct investments, driven…
Electronic Marlboro sucks Japanese smokers away from Japan Tobacco
TOKYO: Marlboro maker Philip Morris International says its e-cigarette has rapidly captured close to 3 per cent of Japanese tobacco…
MUFG sets up RM20 billion Islamic securitisation programme in Malaysia
TOKYO: Mitsubishi UFJ Financial Group (MUFG) has set up a RM20 billion Islamic securitisation programme in Malaysia, a bank official…
MAHB passenger traffic driven by growth at KLIA
KUCHING: Malaysia Airports Holdings Bhd’s (MAHB) July passenger traffic surged 8.5 per cent year-on-year (y-o-y), driven by strong international and…
S&P upgrades misc to ‘BBB+’ on steady cash flow adequacy
SINGAPORE: S&P Global Ratings has raised its long-term corporate credit rating on MISC Bhd to ‘BBB+’ from ‘BBB’ with stable…
2Q16 GDP growth hampered by lower exports, stocks
KUCHING: Malaysia’s economy as measured by the gross domestic product (GDP) growth expanded by four per cent year-on-year (y-o-y) in…
IEA cuts oil demand forecast for 2017 on Brexit impact
PARIS: The IEA said it had cut its oil demand growth forecast for 2017 because of a weaker outlook for…