MATRADE Appoints Abu Bakar Yusof As CEO

KUALA LUMPUR, Dec 20 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has appointed Abu Bakar Yusof as chief executive officer effective today.

Bursa Malaysia Likely To Consolidate Gains, Trade In Narrow Range Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia is likely to consolidate its recent gains and trade within a narrow range next week as investors unwind tactical positions after this week’s strong performance.

SumiSaujana To Expand Into Indonesia With Wet Gas Sulphuric Acid Facility 

From Zufazlin Baharuddin

JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.

TNB: Stronger, Smarter Grid Driving Malaysia’s Clean Energy Transition

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s transition to clean energy will only succeed with a power grid that is stronger, smarter and capable of supporting significantly higher levels of renewable energy (RE), Tenaga Nasional Bhd (TNB) chief strategy and ventures officer Ir Dr Mohd Fadzil Mohd Siam said.

Ringgit Hits Near Six-Year High At 4.07 Vs Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit strengthened to the 4.07 level against the US dollar at Friday’s close, its strongest in nearly six years, following softer-than-expected US inflation data.

Bursa Malaysia's Key Index Rises 1.15 Pct On Firmer Regional Markets

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.

Malaysia’s Exports Rise 7.0 Pct To RM135.0 Bln In November 2025 – DOSM

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s exports rose 7.0 per cent year-on-year (y-o-y) to RM135.0 billion in November 2025, underpinned by stronger external demand, according to the Department of Statistics Malaysia (DOSM).

Mohd Mustafa Leads MATRADE To Greater Heights Through Transformation Initiatives

KUALA LUMPUR, Dec 19 (Bernama) -- Datuk Seri Mohd Mustafa Abdul Aziz retired today after more than 35 years in the public service.

Ringgit Opens Slightly Higher Vs Greenback On Softer US Policy Outlook

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday, holding at the 4.08 level, supported by growing expectations of a softer US monetary policy outlook and recent global central bank developments.

Ringgit Ends Higher Vs Greenback Ahead Of US Inflation Report

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed marginally higher against the greenback on Thursday as market participants awaited the release of the US consumer price index (CPI) report later tonight.

Increase In Financing Funds For Bumiputera, Indian Entrepreneurs Next Year , RM50 Million For Chinese PMKS - Sim

PUTRAJAYA, Dec 18 (Bernama) -- The Bumiputera financing fund under the National Entrepreneurial Group Economic Fund (Tekun) will be increased to RM500 million in 2026, from RM300 million this year, said Entrepreneur and Cooperative Development Minister Steven Sim.

IHH Healthcare Malaysia Backs MOH’s Vision For Affordable, Preventive Care

JOHOR BAHRU, Dec 18 (Bernama) -- IHH Healthcare Malaysia today reaffirmed its commitment to supporting the Ministry of Health’s (MOH) direction, pledging to align with efforts to deliver more affordable, preventive, and sustainable healthcare.