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.

KLCI Futures Likely To Continue Upward Momentum Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to continue upward momentum next week, tracking the underlying cash market.

Ringgit Poised To See Profit-taking After Hitting Near Six-year High Vs Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit is expected to experience profit-taking next week, hovering between RM4.07 and RM4.09 against the US dollar after hitting a near six-year high yesterday.

IMF Assessment Reflects Malaysia’s Fiscal Discipline, Commitment To Reforms — Amir Hamzah

KUALA LUMPUR, Dec 19 (Bernama) -- The International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance reflects the nation’s prudent fiscal management, strong domestic demand, and commitment to structural reforms under the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

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.

Malaysia Defies Global Trade Tensions With Solid Growth - IMF

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia has shown notable resilience against global trade tensions and policy uncertainty with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global tech-sector upcycle.

Fushi Technology Launches One-Stop Customer Loyalty Solution For Jumbo

KUALA LUMPUR, Dec 19 (Bernama) -- Fushi Technology, an artificial intelligence (AI) services provider for merchants and consumers in Asia, has officially launched its customer relationship management (CRM) membership management product for Jumbo, a Singapore-founded seafood restaurant chain.

Lack Of Large-cap Firms Makes Bursa Malaysia Less Attractive To Foreign Investors -- PNB

KUALA LUMPUR, Dec 19 (Bernama) -- The lack of large-capitalisation (large-cap) companies with sufficient liquidity is one of the major challenges making Bursa Malaysia less attractive to foreign investors compared with its regional peers, said Permodalan Nasional Bhd (PNB).

SME Corp, Swansea University Sign MoU To Prepare SMEs For Global Markets

KUALA LUMPUR, Dec 19 (Bernama) -- SME Corporation Malaysia (SME Corp Malaysia) has formalised a long-term collaboration with the United Kingdom’s Swansea University through a Memorandum of Understanding (MoU) to bolster entrepreneurship development and assist Malaysian small and medium enterprises (SMEs) in their global expansion.

CPO Prices To Remain Range-bound Between RM3,800 And RM4,100 A Tonne In January 2026 -- MPOC

KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s crude palm oil prices are expected to remain range-bound between RM3,800 and RM4,100 a tonne in January 2026, underpinned by a balanced supply-demand outlook, said the Malaysian Palm Oil Council (MPOC). 

CGTN: Hainan Free Trade Port Launches Island-Wide Special Customs Operations

KUALA LUMPUR, Dec 19 (Bernama) -- China Global Television Network Corporation (CGTN) has reported that island-wide special customs operations have been launched at south China’s Hainan Free Trade Port (FTP), allowing freer entry of overseas goods alongside expanded zero-tariff coverage and more business-friendly measures.

Bursa Malaysia Opens Higher On Stronger Ringgit, Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking gains across regional markets, as a stronger ringgit improved market sentiment amid a firmer overnight performance on Wall Street.