Category: Malaysia

Dec. 14, 2023 - Malaysian shares rose for the fourth straight session on Thursday, as the benchmark FTSE Bursa Malaysia KLCI climbed 0.6% to 1,456.26. (Photo: Daniel Chan | AP)
Estimated read time 2 min read
Investing & Markets Malaysia

Malaysian shares continue winning streak

  • Post Date 12/14/2023

Malaysian shares extended their winning streak for the fourth consecutive session, showcasing the resilience of the market. The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) surged [more…]

The Starbucks boycott prompted RHB Bank to advise investors to sell their shares in Berjaya Food due to a 24% decline in stock price. (Photo: Inform Malaysia)
Estimated read time 2 min read
Investing & Markets Malaysia

Starbucks boycott in Malaysia sends Berjaya Food down

  • Post Date 12/08/2023

In a startling development, the ongoing boycott of Starbucks in Malaysia has triggered a series of cascading effects, leading financial institutions to issue warnings and [more…]

Dec. 5. 2023 - Fitch Ratings maintains Malaysia's "BBB+" with a stable outlook in latest assessment. (Photo: Wiki)
Estimated read time 2 min read
Investing & Markets Malaysia

Fitch Ratings affirms Malaysia’s “BBB+” rating with a stable forecast, reflecting confidence in the country’s economic future

  • Post Date 12/05/2023

In a recent statement, Fitch Ratings affirmed Malaysia’s long-term foreign-currency issuer default rating (IDR) at “BBB+” with a stable outlook. The rating agency highlighted the [more…]

The depreciating ASEAN currencies against the dollar raise import costs and elevate inflation risk. (Photo: iStock)
Estimated read time 5 min read
Investing & Markets Malaysia Thailand

Economic woes for Malaysia and Thailand as their currencies weaken against the US dollar, soaring import costs and inflation threats

  • Post Date 10/16/2023

Southeast Asian currencies are currently hovering near their lowest points for the year in the face of a robust U.S. dollar, with the Malaysian ringgit [more…]