Economy

KUALA LUMPUR: India’s Eros Investments Ltd, along with its Immerso AI-IP division, is set to invest US$1 billion (RM4.33 billion) to establish an artificial intelligence (AI) park and film studio in Malaysia, according to a statement from…

KUALA LUMPUR: The ringgit is no longer deemed undervalued after surpassing the RM4.35 mark against the US dollar, according to Mohd Sedek Jantan, Head of Investment Research at UOB Kay Hian Wealth Advisors. According to Bernama, Mohd…

KUALA LUMPUR: The Lembah Pantai Development Action Council held yesterday has proven to be an excellent platform for bringing together various parties, according to Communication Minister Fahmi Fadzil. According to the Wilayahku portal,…

KUALA LUMPUR: The Engagement Session (SLU) for the 2025 Budget for the Federal Territories of Kuala Lumpur and Putrajaya has emerged as the best platform for stakeholders to present their value-added inputs. According to the Wilayahku…

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is expected to present the achievements resulting from the Madani Economy Framework this Sunday. According to the Unity Government spokesperson, Fahmi Fadzil, the announcement will be…

KUALA LUMPUR: Economists are confident that Malaysia's Gross Domestic Product (GDP) for the second quarter of 2024 will grow at 5.8 percent, compared to 4.2 percent in the first quarter of this year. According to Bernama, they believe…

KUALA LUMPUR: The ringgit ended Wednesday's trading at around 4.41 against the United States dollar (USD), marking the best closing price in 16 months, as the U.S. Federal Reserve (Fed) is seen on track to reduce interest rates in…

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim's visit to India is expected to strengthen the long-standing cooperation between the two countries, focusing on economic relations and cooperative initiatives, said Deputy Minister of…

KUALA LUMPUR: Bursa Malaysia opened higher today, taking cues from the upward trend of Wall Street's performance overnight, said analysts. According to Bernama, at 9:07 AM, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased by 0.47 points…

KUALA LUMPUR: The ringgit continued to strengthen against the US dollar this morning following expectations of a decline in interest rates in the US amid improving local data, according to analysts. According to Bernama, at 8 AM, the…