Newsfeed – Business News
Malaysian manufacturing roars back but rising costs could hit your wallet soon
KUALA LUMPUR, Nov 2 — Malaysian factories are wrestling with mounting transport and material bills, passing these higher overheads directly to buyers as factory-gate inflation matches rising production costs. According […]
Ringgit opens higher amid bets on Bank Negara rate increase
KUALA LUMPUR, Nov 2 — The ringgit opened higher against the US dollar and major currencies today, supported by expectations of a possible overnight policy rate (OPR) normalisation ahead of Bank […]
Bursa Malaysia slips at open following Wall Street sell-off
KUALA LUMPUR, Nov 2 — Bursa Malaysia opened lower on Monday, weighed down by Wall Street’s weaker performance last Friday, which dampened investor sentiment. At 9.10am, the FTSE Bursa Malaysia […]
Chinese EV carmakers bring their own parts, and Malaysian suppliers are watching from the kerb
KUALA LUMPUR, Nov 2 — Malaysia’s car-parts makers risk being left on the sidelines of the electric vehicle (EV) boom, as Chinese carmakers favour imported components and their own supplier networks, […]
Fresh grads, no experience, no job: Malaysia’s catch-22 in the AI age
KUALA LUMPUR, Nov 1 — With the national jobless rate at just 2.9 per cent, Malaysia’s labour market looks healthy on paper, yet fresh graduates say artificial intelligence (AI) is […]
Penang’s Deepavali carnival puts young entrepreneurs and small traders centre stage
GEORGE TOWN, Nov 1 — A vibrant splash of colours, festive decorations and lively entertainment has brought the spirit of Deepavali to life at the Penang Jom Jom Deepavali Carnival […]
Binance resumes Bitcoin withdrawals following record US$6.3b crypto hack
WASHINGTON, Nov 1 — Binance said today that it had resumed withdrawals after a major hack that affected more than US$6 billion (RM24.3 billion) in funds. Binance, which is the […]
€2 here, €3 there: EU adds another charge to cheap online shopping
BRUSSELS, Nov 1 — The European Union slapped a €2 (RM9) handling fee on packages from outside the 27-nation bloc today in a bid to curb the influx from China. […]
RM425 a month to make clothes for the world? Bangladesh workers want better pay
DHAKA, Nov 1 — Bangladesh will form a new board today to review the minimum wage for garment workers, as authorities sought to quell protests that have disrupted key industrial […]
World’s biggest crypto heist: FBI says North Korean hackers stole US$6b from Binance
NEW YORK, Nov 1 — The FBI yesterday accused North Korea of stealing more than US$6 billion (RM24.3 billion) in virtual assets from the cryptocurrency exchange Binance in what is […]