Manufacturing industry capacity utilisation reaches 80.8% in 1Q – DoSM
KUALA LUMPUR: The manufacturing industry operated at 80.8 per cent capacity in the first quarter of 2024 (1Q 2024), up from…
Ringgit surges to breach RM2.99 level against yen
KUALA LUMPUR: The ringgit breached the RM2.99 level against the Japanese yen last seen in June 2015 in early trade on Tuesday.
Stocks slide, dollar holds firm as Fed focus intensifies; crypto soars
TOKYO: Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's…
Alliance Bank bags two awards for best SME Bank in Malaysia
KUALA LUMPUR: Alliance Bank Malaysia Bhd won the "Best Small and Medium-sized Enterprise (SME) Bank in Malaysia” by The Asian Banker’s Global Excellence…
Bank Islam’s net profit rises to RM129.17mil in 1Q on higher net income
KUALA LUMPUR: Bank Islam Malaysia Bhd expects improved earnings growth as it expands its financing volume, while net interest margin…
IIB expands GBS medini partnership, aiming for net-zero CBD
KUALA LUMPUR: Iskandar Investment Bhd (IIB) is broadening its collaboration within the Global Business Services (GBS) Iskandar @ Medini initiative,…
Philippine central bank will intervene in forex market if volatile, governor says
MANILA: The Philippine central bank will allow the market to determine the foreign exchange rate but it will intervene when…
Oil prices fall on demand fears over Fed’s rates path
OIL prices extended losses in Asia trade on Tuesday, with investors anticipating lingering U.S. inflation and higher interest rates to…
TNB gears up for Regulatory Period 4 with significant capex
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is preparing for Regulatory Period 4 (RP4) 2025-2027 with significant capital expenditure (capex) to…