85 stories found
TPG Inc.-backed Asia OneHealthcare Sdn. has confidentially filed for an initial public offering in Kuala Lumpur to potentially raise as much as 10 billion ringgit ($2.5 billion), according to people…
Industry analysts emphasize that the multibillion-ringgit development project in Pengerang must now demonstrate concrete economic improvements and quantifiable outcomes to justify continued funding.
Officials in Malaysia's Perak state confirmed a controversial scheme offering 500 ringgit to first-time brides and grooms could apply to individuals as young as 15, sparking widespread criticism over child marriage implications.
The Malaysian currency opened higher against the US dollar, gaining momentum as traders position themselves ahead of critical monetary policy discussions at the Jackson Hole economic symposium.
ZUS Coffee is reportedly considering an initial public offering for its Malaysian operations, aiming to raise at least 1 billion ringgit ($245 million).
The Malaysian Ringgit concluded the week on a stronger note against the US dollar, as the demand for the greenback as a safe-haven currency diminished.
Malaysia plans to increase support for its currency, the ringgit, as it faces pressure from foreign capital outflows and the uncertain outlook for US Federal Reserve interest rates.
The Malaysian Ringgit opened mostly higher against major currencies but slightly lower against the US dollar.
Market analysis suggests that palm oil prices may soon test a support level at 4,452 ringgit, according to TradingView.
Suria Capital has announced its financial results for the first quarter, reporting an attributable profit of 4.4 million Malaysian Ringgit (RGT). This information was highlighted by TradingView.
The Malaysian Anti-Corruption Commission (MACC) has launched an investigation into alleged multi-million ringgit bill of lading discrepancies at Tanjung Langsat Port in Johor.
Malaysia's anti-corruption agency is pursuing charges against two unnamed individuals in connection with a 1.1 billion ringgit (US$278 million) semiconductor deal involving British chip designer Arm Holdings.
TASCO announced a fourth-quarter profit attributable of 8.5 million Malaysian Ringgit, as detailed in its latest financial statement.
Iran has seized multiple ships in the Strait of Hormuz, with Croatia confirming two nationals were aboard one vessel. Concurrently, Tehran announced it has begun collecting its first toll revenues from the strategic waterway, escalating regional tensions.
An engineer has reported losing nearly RM28,000 (Malaysian Ringgit) to an online sex scam, highlighting the growing threat of digital fraud.
The Malaysian Ringgit has strengthened against the US dollar, following a strong estimate for the country's first-quarter Gross Domestic Product (GDP).
A High Court hearing revealed that police found hundreds of millions of ringgit in cash and jewellery in overfilled luggage bags during a raid on a luxury condominium linked to the 1Malaysia Development Bhd (1MDB) investigation.
The Malaysian Ringgit opened mostly higher against a basket of major currencies but saw a slight dip against the US dollar.
The Malaysian Ringgit has rebounded to 3.99 against the US dollar, driven by improved market sentiment.
A former babysitter in Malaysia has been sentenced to one year in jail and fined 15,000 ringgit for negligence that resulted in the death of a toddler.
Global stock exchanges, including those in India, other Asian markets, and the US, saw significant gains and oil prices cooled after Donald Trump announced a halt to military strikes on Iran and indicated talks, easing geopolitical tensions.
Ringgit firms against US$, may see further gains The Star
The Malaysian Ringgit concluded trading higher against the US dollar and other major currencies, indicating a positive performance in the foreign exchange market.
Ringgit eases on oil surge, Iran war The Star
Ringgit opens nearly flat against US$ amid cautious FX sentiment The Star | Malaysia
The Trade and Industry Minister said in parliament that global energy prices could rise if the conflict continues.
The Malaysian Ringgit has opened firmer against the US dollar and other major currencies, indicating a positive movement in the foreign exchange market.
Analysts predict the Malaysian Ringgit has the potential to climb further against the US dollar, possibly reaching the 3.78 level.
Asian currencies are experiencing a strengthening trend, driven by a prevailing risk-on sentiment in the market.
The ringgit weakened at the start of trading against the US dollar as investors priced in higher probability of Federal Reserve interest rate increases alongside rising oil costs.
The ringgit finished the trading session weaker against the greenback after the US Federal Reserve’s recent comments reinforced expectations for tighter monetary policy.
Prime Minister Anwar Ibrahim has pledged to track down and reclaim billions of ringgit misappropriated through systemic financial leakages, promising to return the funds to the public.
The Malaysian ringgit opened higher against the US dollar and other major currencies, indicating a positive start to trading.
Public anger has erupted in Malaysia after money-laundering charges against alleged scam kingpin Liow were dropped following his payment of a 10 million ringgit (US$2.4 million) fine, sparking claims of preferential treatment.
Analysts suggest that the Malaysian Ringgit may experience a rebound, driven by anticipated capital flow measures. These measures are expected to stabilize and potentially strengthen the currency.
Malaysian consumers and small businesses have welcomed the government's decision to introduce a nationwide subsidized diesel price of 2.10 ringgit (50 US cents) per liter starting July 1, though some seek further clarity on fuel allocation.
The United States launched new strikes on Iranian missile sites and boats near the Strait of Hormuz, claiming self-defense, which led to a rise in global oil prices and threats from Iran. These attacks occurred amidst ongoing peace negotiations, with some officials suggesting a deal could be reached soon.
The Malaysian Ringgit opened higher against the US dollar and other major currencies, indicating a positive start to trading.
A Malaysian court is set to deliver its verdict today in the Sabah water scandal case, nearly a decade after the multimillion-ringgit corruption allegations first emerged.
The Malaysian Ringgit has concluded its seven-day rally, with its performance closely watched ahead of the release of the first-quarter GDP data.
The Malaysian Ringgit maintained a stable position against the US dollar as markets anticipate the upcoming decision from the Monetary Policy Committee, which could influence currency trends.
The Malaysian Ringgit started the trading day higher against the US dollar but showed mixed performance when compared to other major currencies.
Ringgit opens almost flat against greenback as US extends ceasefire with Iran The Star
Analysts predict that the Malaysian Ringgit is poised to test a new high against major currencies later this year, reflecting positive economic outlooks.
US sanctions against Iran's oil industry have intensified tensions, particularly concerning the Strait of Hormuz, a critical shipping lane. Iran has responded with proposals for safe passage and threats against US vessels if control of the strait is challenged.
Israel and Lebanon held rare direct talks in Washington, D.C., agreeing to begin negotiations on their disputed land and maritime borders. These discussions mark the first direct engagement between the two nations since 1993.
Reports from Klang, Malaysia, indicate that beggars in the area are allegedly earning more than RM700 (Malaysian Ringgit) per day.
The Malaysian Ringgit opened higher against the US dollar, influenced by a softer outlook on Non-Farm Payroll (NFP) data. This movement reflects market reactions to global economic indicators.
Ringgit weakens past 4.00 against US dollar The Star
The Malaysian Ringgit showed strength against other major currencies but softened slightly against the US dollar at the open of trading.
The administrator of a Facebook account has been jailed 10 months and fined 50,000 ringgit (US$12,700) by the Sessions Court in Miri, Sarawak, over a post deemed insulting to Islam. The Malaysian Communications and Multimedia Commission (MCMC) said John Mule anak Alai, 48, was convicted under Section 233(1)(a) of the Communications and Multimedia Act 1998 for improper use of network facilities. “MCMC takes seriously any form of misuse of digital platforms that insults religion, incites hatre...
Ringgit opens flat vs US$, firmer against other majors The Star
From a high of RM3.55 to RM3.10 against the Singapore dollar, the ringgit's rally has been swift – and analysts say it may not be done.
Ringgit opens higher but remains under pressure, geopolitical risks lift US$ The Star | Malaysia
Malaysian Prime Minister Anwar Ibrahim stated that the nation's recent economic achievements, including the ringgit's performance, are a result of strong governance and a crackdown on corruption.
Ringgit closes higher against major currencies except US dollar The Star
Bitcoin tumbled as much as 5% early on Monday, dropping below $65,000. The sell-off has been driven by investors pulling out of speculative assets and concerns about future cryptocurrency regulation
The Malaysian ringgit closed lower against the US dollar as traders adjusted positions ahead of upcoming regional economic data releases.
Malaysian police have crippled a cross-border drug syndicate with the seizure of 86.2kg of methamphetamine worth 4.31 million ringgit (US$1 million) in Penang and Selangor. The bust resulted from…
Driven by surging global demand for artificial intelligence hardware, Malaysia's chip industry chief upgraded its annual E&E export projection to over 900 billion ringgit.
An article provides an analysis of the current value and economic standing of the Malaysian Ringgit.
Malaysian police raided 32 premises involved in online scam activities in Forest City, Johor, arresting 335 individuals and seizing assets worth approximately 1 million ringgit.
Malaysia's Ministry of International Trade and Industry (Miti) stated that the strengthening of the ringgit has positively impacted the country's trade performance by boosting export competitiveness and reducing import-driven production costs.
Malaysia and Russia are reportedly considering using their respective currencies, the ruble and the ringgit, to boost bilateral trade, aiming to reduce reliance on the US dollar.
Mexico has agreed to host the Iranian national football team during the World Cup after the US reportedly declined to accommodate them, highlighting ongoing tensions between the US and Iran. This development comes as oil prices tumbled amid reports of a potential US-Iran deal.
Technical analysis suggests that palm oil prices may test support at 4,543 ringgit, while Brent crude oil is predicted to retest its support level at $103.48. These forecasts indicate potential price movements for both commodities.
The Malaysian Ringgit opened slightly higher against the US dollar, reflecting cautious market sentiment.
The Malaysian ringgit saw an increase against the US dollar as investors closely watched developments in the Middle East and awaited Malaysia's latest Gross Domestic Product figures.
The Malaysian Ringgit opened lower against the US dollar and showed mixed performance against other major currencies.
Malaysia's Department of Environment has launched an investigation into parties suspected of causing a peatland fire in Terengganu, warning of potential jail time and million-ringgit fines.
The Malaysian Ringgit has shown strength, appreciating against both the US dollar and other major international currencies.
Financial strategists are predicting that the Malaysian Ringgit is set to test a new high by 2026. This forecast suggests a strengthening outlook for the currency in the coming years.
The combined wealth of Malaysia's 50 richest individuals has surged by nearly 30%, reaching a total of US$116 billion. This significant increase is attributed to a robust ringgit and a thriving IPO market.
The Malaysian Ringgit saw a significant jump of 135 basis points, opening at 3.96 against the US dollar.
The Malaysian Ringgit has extended its gains against the US dollar, attributed to an overall improvement in market risk appetite.
The Malaysian Ringgit opened higher against major currencies, driven by optimism that tensions in the Middle East are easing.
The Malaysian Ringgit opened higher against the US dollar, driven by an improved risk sentiment in the market.
Ringgit hits strongest level versus Singapore dollar since 2021 The Star
Asia FX slips; Philippine peso, Malaysian ringgit lead declines TradingView
The Malaysian ringgit and Indonesian rupiah are reported to be the top performers among Asian currencies, showing significant gains in the foreign exchange market.
A Malaysian mother who allowed her underage son to drive her car, which later got into an accident claiming three lives, was fined 1,500 ringgit (US$379) by the Magistrate’s Court in Seremban, Negeri Sembilan state. Magistrate Nurul Azuin Mohd Talhah also ordered 40-year-old Nur Farahidayah A Rahman to be jailed for three months in the event she was unable to pay the fine. “After considering the guilty plea by the accused, mitigating factors and submissions by parties and the aggravating...
Malaysia's Finance Minister reported a 4.31 percent increase in the ringgit's value against the US dollar, attributing the rise to ongoing reforms, strong economic growth, and political stability.
KUALA LUMPUR, Feb 25 — The overall impact of ringgit movements on Malaysia’s trade competitiveness is expect...
Malaysia's Attorney General has identified 273 new issues that have resulted in millions of ringgit being lost.
A unit of Kerjaya Prospek Group has accepted a contract award valued at 502.3 million Malaysian Ringgit from Tanjung Pinang.