Malaysia Well-Positioned To Withstand Rising Fiscal Pressures Amid High Oil Prices

KUALA LUMPUR, March 30 (Bernama) -- Malaysia remains well-positioned to withstand rising fiscal pressures as the price of Brent crude holds above US$100 per barrel, with stronger petroleum-related revenues expected to cushion the impact of a higher RON95 subsidy bill, said analysts. 

Broad-based Selling Drags Bursa Malaysia Lower At Midday

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by broad-based selling across heavyweight counters and mirroring declines in most regional markets.

Malaysian Consumer Sector Seen Resilient On Stable Spending, Fiscal Support – RHB IB

KUALA LUMPUR, March 30 (Bernama) -- The Malaysian consumer products sector shall continue to provide earnings resilience and visibility, underpinned by stable domestic consumption and ongoing fiscal support, according to RHB Investment Bank Bhd (RHB IB).

Only Malaysia, Thailand Recorded Net Foreign Inflows Last Week - MBSB

KUALA LUMPUR, March 30 (Bernama) -- Malaysia and Thailand are the only Asian markets monitored by MBSB Investment Bank Bhd to receive net foreign inflows last week, recording RM587.6 million and US$58.9 million respectively, while other regional markets experienced net selling of equities.

BIMOffice Makes Strong Leap Market Debut, Eyes Digital Construction Growth

KUALA LUMPUR, March 30 (Bernama) -- BIMOffice Group Bhd made a strong debut on the LEAP Market of Bursa Malaysia today, opening at 26.5 sen, up 11.5 sen from its reference price of 15 sen, with 40,000 shares traded.

Bursa Malaysia Eases In Early Trade, Tracking Weaker Regional Markets

KUALA LUMPUR, March 30 (Bernama) -- Bursa Malaysia eased in early trade on Monday as it tracked regional market losses after a sharp Wall Street sell-off, as Brent crude oil surged above US$110 per barrel.

Ringgit Eases Vs Greenback, Investors Shift To Safe-Haven Assets

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 30 (Bernama) -- The ringgit eased on Monday as market players continued to shift towards safe-haven assets amid uncertainties surrounding the fallout from the ongoing conflict in West Asia, now stretching beyond a month.

Malaysia, China Seen As Asia’s More Resilient Economies Amid Energy Market Volatility

KUALA LUMPUR, March 29 (Bernama) — Malaysia and China are emerging as relatively resilient economies in Asia amid intensifying global energy market volatility due to the ongoing conflict in West Asia.

PGMall Sees Five Pct Increase In New Shopper Growth After Zalora Official Store Onboarding

KUALA LUMPUR, March 28 (Bernama) -- Malaysian-grown e-commerce platform, PGMall, is anticipating a five per cent increase in new shopper growth following the official onboarding of the Zalora Official Store onto its platform today.

Labuan Corporation Invites Investment Proposals For Eight Prime Assets

By Jailani Hasan

LABUAN, March 28 (Bernama) -- Labuan Corporation (LC) has issued a request for proposal (RFP) to local and foreign investors for the leasing and development of eight of its assets, including the site of the recently demolished Hotel Labuan.

Aqina Fruits-Agrobank Agro Programme Drives Zero Hunger Mission, Empowers B40 Group

By Nur Fatin Mohmad Kadenen

JOHOR BAHRU, March 28 (Bernama) -- The B40 Community Agro Programme for MD2 Pineapple Farming, implemented by Aqina Fruits Sdn Bhd (AFSB) in collaboration with Agrobank, drives and supports the Sustainable Development Goal 2: Zero Hunger, by empowering the low-income group in the agricultural sector.

Hawkish Fed Bets, Oil Shock Set To Keep Ringgit Around 4.00 Against US Dollar Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 28 (Bernama) -- The ringgit is expected to trade around the 4.00 level against the US dollar next week, as expectations of a prolonged West Asia conflict weigh on the currency.