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Najib believes politics caused ringgit to fallRINGGIT_RATE_050115_TMISETH_01.JPG

Prime Minister Datuk Seri Najib Razak today blamed the country's political atmosphere as among the reasons that led to the spiralling of the ringgit against the US dollar. Writing on his blog, Najib,...

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Long-awaited Justin Bieber album out in Novemberjustin-bieber-reuters-170614.JPG

Pop star Justin Bieber will release his latest album in November, after a three-year gap in which he has been better known for his personal troubles than his tunes. Tidal, the streaming service led by...

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Trading in Gamuda shares suspended tomorrowgamuda-logo-new-020215.png

Shares of Gamuda Bhd will be suspended from trading with effect from 9am tomorrow. In a filing to Bursa Malaysia today, the company submitted the request for suspension pending a material announcement....

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New ‘Star Wars’ film images showcase Dark...

The Dark Side is front and centre in the latest images of villains from "Star Wars: The Force Awakens" – the highly anticipated next chapter in the blockbuster space saga due later this year....

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Burger King reveals its new restaurant concept for...

Less than three years after the restaurant's return in France, the fast food chain has chosen the capital's La Defense business district to reveal its brand new architectural concept on August 12 with...

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No long-term impact on economic growth from ringgit’s...

The ringgit's decline is expected to be short-term and it will not have any long-term impact on the nation's economic growth, according to an economic analyst. Still, restoring the ringgit's value will...

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Health Ministry expects hike in prices of imported...

Prices of imported medicine may go up following the decline of the ringgit, says the Health Ministry. Its minister, Datuk Seri Dr S. Subramaniam, said if it happened, it would only be temporary. "We...

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Malaysia’s GDP growth better than expected despite weakening...

The 4.9% growth in gross domestic product (GDP) in the second quarter (Q2) of 2015 was better than expected despite the declining ringgit, economists said. Malaysia's economy expanded moderately by...

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Polis Malaysia ‘tidak tergesa-gesa’ rekod kenyataan...

Polis Malaysia tidak akan tergesa-gesa merekodkan kenyataan daripada bekas eksekutif PetroSaudi International, Xavier Andre Justo, berkenaan dokumen berkaitan 1Malaysia Development Berhad (1MDB) yang...

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Harga ubat import mungkin naik berikutan penyusutan Ringgit, kata...

Kementerian Kesihatan tidak menolak kemungkinan harga ubat-ubatan yang diimport meningkat berikutan penyusutan nilai matawang Ringgit ketika ini. Namun, Menteri berkenaan Datuk Seri Dr S Subramaniam...

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Tesco says ringgit depreciation has no immediate impact on price of...

Tesco Malaysia does not expect a drastic impact on the price of goods following the depreciation of the value of the ringgit as most of its products are from local suppliers. Head of Communications and...

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Ringgit fall natural reaction to renminbi’s declineMALAYSIANRINGGIT002.jpg

The further decline of the ringgit is a natural reaction to the fall of the renminbi (RMB), says Dr Shane Oliver, head of Investment Strategy and chief economist at AMP Capital Investors. "Trying to...

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Be cautious when reading news online, says deputy...

Malaysians must always be vigilant and cautious when reading news or receiving information through the Internet, particularly the social media, which have always been proven to be unsubstantiated and...

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PDRM guna teknologi drone hujung tahun ini, kata...

Polis Diraja Malaysia (PDRM) akan menggunakan teknologi drone menjelang hujung tahun ini bagi membantu pelaksanaan tugasan anggotanya di sekitar Lembah Klang. Ketua Polis Negara (KPN) Tan Sri Khalid...

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Gas Malaysia Q2 pre-tax profit slips to RM43 milliongas-malaysia-logo.png

Gas Malaysia Bhd's pre-tax profit for the second quarter (Q2) ended June 30, 2015, fell to RM43.57 million from RM63.31 million in the same period last year. Revenue rose to RM795.01 million from...

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Dayang now holds 94.8% in Perdana Petroleum after MGOperdana-petroleum-logo.gif

Dayang Enterprise Holdings Bhd’s mandatory general offer for the shares it does not own in Perdana Petroleum Bhd has closed, with Dayang gaining acceptances for a further 45.16% stake in Perdana. As at...

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Bumi Armada’s unit settles dispute with SEA for RM14 millionbumi-armada-logo.jpg

Bumi Armada Bhd (Bumi Armada)’s wholly-owned subsidiary Bumi Armada Caspian LLC (BAC) has settled its dispute with SEA Srl over a service contract, for €3.2 million or approximately RM14 million. In...

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Bina Darulaman’s orderbook rose to RM438 millionbina_darulaman.JPG

Bina Darulaman Bhd's outstanding orderbook has been lifted to RM438 million, which comes from its road building, quarry and construction businesses, said its group managing director Datuk Izham Yusoff....

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Tropicana 2Q earnings down 74%, but unbilled sales hit record high of RM3...

Tropicana Corp Bhd saw its net profit for the second quarter ended June 30, 2015 (2QFY15) fall 74% on-year to RM23.2 million from RM89.5 million, mainly because 2QFY14 had recognised gains from the...

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Takaso plans RM134.15 million mixed development in...

Takaso Resources Bhd, a company in the rubber and baby products industry which has recently ventured into the construction sector, has acquired a 37,264.66 sq ft piece of leasehold land in Taman Melaka...

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