Malaysia Business News

SHARE PRICES OPEN MIXED IN EARLY TRADING

Bernama - Monday, November 23

KUALA LUMPUR, Nov 23 (Bernama) -- Share prices on Bursa Malaysia were mixed in early trading today following the downtrend in the US market on Friday, said dealers. More »

  • EXCHANGE RATES ISSUED BY MALAYAN BANKING BHD: NOV 23

    Bernama - Monday, November 23

    SELLING BUYING BUYING TT/OD TT OD 1 US DOLLAR 3.4150 3.3500 3.3400 1 AUSTRALIAN DOLLAR 3.1490 3.0530 3.0370 1 BRUNEI DOLLAR 2.4680 2.4060 2.3980 1 CANADIAN DOLLAR 3.2060 3.1260 3.1140 1 EURO 5.0880 4.9840 4.9640 1 NEW ZEALAND DOLLAR 2.5100 2.4010 2.3850 1 PAPUA N GUINEA KINA 1.4320 1.1810 1.1650 1 SINGAPORE DOLLAR 2.4675 2.4060 2.3980 1 STERLING POUND 5.6470 5.5320 5.5120 1 SWISS FRANC 3.3700 3.2880 3.2730 100 ARAB EMIRATES DIRHAM 94.6000 89.5800 89.3800 100 BANGLADESH TAKA 5.1500 4.6960 4.4960 100 CHINESE RENMINBI 50.8000 N/A N/A 100 DANISH KRONE 70.5700 64.8000 64.6000 100 HONGKONG DOLLAR 44.8400 42.4600 42.2600 100 INDIAN RUPEE 7.5700 6.9500 6.7500 100 INDONESIAN RUPIAH 0.0374 0.0320 0.0270 100 JAPANESE YEN 3.8510 3.7580 3.7480 100 NEW TAIWAN DOLLAR N/A N/A N/A 100 NORWEGIAN KRONE 62.3100 57.2300 57.0300 100 PAKISTAN RUPEE 4.1800 3.9100 3.7100 100 PHILIPPINE PESO 7.4500 7.0100 6.8100 100 QATAR RIYAL 95.2200 90.5800 90.3800 100 SAUDI RIYAL 92.4500 87.9400 87.7400 100 SOUTH AFRICAN RAND 46.6700 42.8100 42.6100 100 SRI LANKA RUPEE 3.0900 2.8300 2.6300 100 SWEDISH KRONA 51.1800 46.4600 46.2600 100 THAI BAHT 11.0200 9.3400 8.9400

  • FANNIE MAE REDEMPTION

    Bernama - Monday, November 23

    ATTENTION EDITOR, BUSINESS DESK

  • BURSA MALAYSIA UPDATE: 9.30 A.M.

    Bernama - Monday, November 23

    KUALA LUMPUR, NOV 23 (Bernama) -- At 9.30 a.m. today, there were 108 gainers, 107 losers and 123 counters traded unchanged on the Bursa Malaysia.

  • GOLD PRICE: NOV 23

    Bernama - Monday, November 23

    GOLD PRICE UP RM1.00

  • OPENING MALAYSIAN FOREIGN EXCHANGE: NOV 23

    Bernama - Monday, November 23

    US ----------------------- 3.3720/3770

  • BURSA MALAYSIA OPENING INDICES: NOV 23

    Bernama - Monday, November 23

    FBMEMAS: 8,503.91 (- 0.95) FBM-KLCI 1,273.66 (- 0.70) INDUSTRIAL: 2,685.82 (- 0.04) CONSUMER PRODUCT: 370.90 (+ 0.04) INDUSTRIAL PRODUCT: 93.52 (+ 0.05) CONSTRUCTION: 234.95 (+ 0.23) TRADING SERVICES: 162.03 (+ 0.05) FINANCE: 11,002.13 (- 3.01) PROPERTIES: 781.29 (- 0.22) PLANTATIONS: 6,190.24 (- 30.31) MINING: 308.02 ( UNCH) FBMSHA: 8,504.45 (- 5.13) FBMACE 4,437.80 (+ 1.18) TECHNOLOGY: 17.60 (+ 0.02)

  • WESTPORTS' GNANALINGAM RECEIVES LIFETIME ACHIEVEMENT AWARD

    Bernama - Monday, November 23

    KUALA LUMPUR, Nov 20 (Bernama) -- Westports Malaysia Executive Chairman Tan Sri G. Gnanalingam has received the Lifetime Achievement Award presented by the Malay Chamber of Commerce.

  • MAS WINS 5-STAR AIRLINE & WORLD'S BEST CABIN STAFF AWARD FOR 2010

    Bernama - Monday, November 23

    KUALA LUMPUR, Nov 22 (Bernama) -- It is a double celebration for Malaysia Airlines as it was awarded the “5-Star airline" for the 5th consecutive year and the “World’s Best Cabin Staff” for the 7th time by Skytrax, a UK based organization, with 20 years experience in airline research.

  • ICBC TO SET UP BANKING OPERATIONS IN MALAYSIA

    Bernama - Monday, November 23

    KUALA LUMPUR, Nov 22 (Bernama) -- The Industrial and Commercial Bank of China (ICBC), which received a banking license last week to operate in Malaysia, will establish banking operations here with the setting up of a subsidiary bank in the country.

  • AirAsia to tap Southeast Asian capital market

    AirAsia to tap Southeast Asian capital market

    AFP - Sunday, November 22

    KUALA LUMPUR (AFP) - - Southeast Asia's biggest budget carrier AirAsia plans to list on the Thai and Indonesian stock exchanges in a bid to tap the region's capital markets despite a turbulent year for airlines.

  • EU FUND AIMS TO BOOST MSIA-EU BUSINESS COOPERATION

    Bernama - Sunday, November 22

    KUALA LUMPUR, Nov 22 (Bernama) -- The European Union (EU) has allocated 600,000 euros (RM2.4 million) to further boost Malaysia-EU business cooperation, says Ambassador and Head of Delegation of the European Commission to Malaysia Vincent Piket.

  • Malaysia issues China's ICBC local banking licence

    Malaysia issues China's ICBC local banking licence

    AFP - Saturday, November 21

    KUALA LUMPUR (AFP) - - Malaysia's finance ministry has issued a commercial banking licence to China's largest bank, the country's central bank announced Friday.

  • Malaysia Q3 GDP shrinks less than f'cast, CPI benign

    Reuters - Saturday, November 21

    * Q3 GDP <MYGDP=ECI> down 1.2 pct vs yr ago

  • Malaysia's Maxis returns to bourse with IPO

    Malaysia's Maxis returns to bourse with IPO

    AFP - Friday, November 20

    KUALA LUMPUR (AFP) - - Malaysia's top mobile operator, Maxis, made a strong return to the bourse Thursday in Southeast Asia's biggest ever IPO worth 3.3 billion dollars.

  • Malaysia's Maxis debuts at 9.2 pct premium in IPO

    Malaysia's Maxis debuts at 9.2 pct premium in IPO

    AFP - Thursday, November 19

    KUALA LUMPUR (AFP) - - Maxis, Malaysia's top mobile operator, debuted at a 9.2 percent premium on its reference price of 5.00 ringgit (1.49 dollars) Thursday in Southeast Asia's biggest ever IPO.

  • Malaysia says US will abandon trade pact negotiations

    Malaysia says US will abandon trade pact negotiations

    AFP - Thursday, November 19

    KUALA LUMPUR (AFP) - - Malaysia said Wednesday that Washington had indicated it will abandon a bilateral free-trade deal under negotiation since 2006, and will instead work towards a regional trade pact.

  • Malaysia has lost edge as low-cost producer-W.Bank

    Reuters - Thursday, November 19

    (New throughout, adds new quotes from report)

  • Malaysia to revise fuel subsidy from Q2 2010

    Reuters - Friday, November 13

    (Adds detail)

  • Malaysia c.bank policy to focus on growth - governor

    Reuters - Friday, November 13

    SINGAPORE, Nov 13 (Reuters) - Malaysian monetary policy will remain focused on domestic growth, central bank governor Zeti Akhtar Aziz said on Friday.