Ringgit climbs to six-month high against US dollar, best performing Asian currency
The ringgit climbed to its highest in six months against the greenback, and was the best performing major Asian currency on Friday, as easing US inflation bolstered the case for Federal Reserve (Fed) rate cuts. The local currency climbed to as high as 4.6630 against the US dollar, and was last at 4.6720 at 9.30am. […]
Malaysia registers RM83.7bil in approved investments in 1Q
Malaysia has recorded a total of RM83.7bil in approved investments in the first quarter of the year, of which more than half were secured from foreign sources, said the Malaysian Investment Development Authority (Mida). According to the agency, foreign investments made up 56.2% or RM47bil of the total investment, with the remaining 34.8% or RM36.7bil […]
Miti facilitates RM13.2b in potential investments from Chinese premier’s visit
The Ministry of Investment, Trade and Industry (Miti) has facilitated the exchange of 11 memoranda of understanding (MOUs) between Malaysian and Chinese entities, with total potential investment of RM13.2 billion. Minister Tengku Datuk Seri Zafrul Abdul Aziz said the ministry is pleased to see the government-to-government collaborative spirit “cascading” to the private sector of both […]
Selamat Hari Raya Aidiladha
Selamat Menyambut Hari Raya Aidiladha! Semoga hari yang penuh keberkatan ini membawa kegembiraan dan kebahagiaan kepada anda dan keluarga. #APIB #HariRayaAidiladha
Happy Father’s Day
Investments not only bring wealth to the family but also signify careful planning and safeguarding of the family’s future. They symbolize a father’s tireless efforts for the well-being of his loved ones. Asia Pacific Investment Bank wishes all fathers who contribute silently to their families a Happy Father’s Day! 👨👧👦💙 https://apdib.com/wp-content/uploads/2024/06/APIB-Father-Days-2024-FN_EDITED.mp4
Malaysia, China Mark 50 Years Diplomatic Ties In 2024, Pivotal To Expand Linkages In New Areas
The year 2024 marks the golden jubilee of Malaysia-China diplomatic ties — a bond that will be made all the more significant with Chinese Premier Li Qiang expected to visit Malaysia to commemorate the occasion. The two countries have forged linkages in numerous areas, notably in railway infrastructure and technology, the automotive sector, manufacturing, trading […]
Happy Wesak Day
Happy Wesak Day to all Buddhists. May this auspicious occasion bring you abundant blessings of peace, joy, and spiritual enlightenment.
Positive GDP growth momentum expected to continue
Malaysia’s economy is expected to continue its positive growth momentum in the coming quarters after posting a “surprise” performance in the January-March 2024 period, analysts said. The country’s gross domestic product (GDP) expanded at a higher rate of 4.2 per cent in the first quarter (Q1) of 2024 from 2.9 per cent in Q4 2023, […]
Happy Mother’s Day
Mothers are the greatest investors in our lives, pouring boundless love and care without expecting anything in return, solely wishing for our happiness and well-being. Now, it’s our turn to invest in their future by securing their financial safety and well-being. Happy Mother’s Day! 💖💐 https://apdib.com/wp-content/uploads/2024/06/20240502_apib_mothersday.mp4
Happy Labour Day
Happy Labour Day to everyone! Here’s to all those who strive to make a difference, shaping our world with their efforts. Enjoy a well-deserved break! 💪🎉