Bending Spoons Raises US$710 Mln In Fresh Funding

KUALA LUMPUR, Nov 3 (Bernama) -- Bending Spoons, one of Europe’s leading technology companies, has raised US$710 million in equity at a pre-money valuation of US$11 billion. (US$1=RM4.17)

Pacific Prime Leads Earthquake Relief Effort In Northern Cebu

KUALA LUMPUR, Oct 31 (Bernama) -- Pacific Prime has successfully led an emergency relief mission to support victims of the earthquake that struck northern Cebu last month, leaving hundreds displaced, mourning, and in urgent need of shelter, food, and clean water.

Ringgit Retreats After Five-day Rally Amid Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.

Bursa Malaysia Ends Marginally Higher AS Investors Digest Corporate Earnings

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia closed slightly higher today as investors digested corporate earnings releases and monitored regional market developments.

AIIB, Four Local Banks To Mobilise Up To US$6 Bln For ASEAN Infrastructure Projects

KUALA LUMPUR, Oct 30 (Bernama) -- The Asian Infrastructure Investment Bank (AIIB) has inked cooperation agreements with four local banks to mobilise up to US$6 billion (US$1=RM4.1835) for sustainable and technology-enabled infrastructure projects across the ASEAN region. 

Ringgit Extends Gain For Seventh Day After US Rate Cut

 KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.

Budget 2026: Govt Allocates RM20 Bln In Basic De To Six Less Developed States - Amir Hamzah 

KUALA LUMPUR, Oct 29 (Bernama) -- The government has allocated RM20 billion in basic development expenditure (Basic DE) for 2026 to six less developed states, representing an increase of five percent compared to RM19 billion in 2025.

Ringgit Extends Gains For Fifth Straight Day On Positive Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit strengthened for the fifth straight day against the US dollar and other major currencies, supported by improved risk appetite following the successful conclusion of the ASEAN Summit, which helped boost investor confidence in Malaysia's regional stability and economic integration.

BNM, US Treasury To Continue Close Consultations On Macroeconomic, FX Matters

KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) and the United States (US) Department of the Treasury have agreed to continue close consultations on macroeconomic and foreign exchange (FX) matters.

MTDC’s R2G Sarawak 2025 Boosts Tech Adoption, Innovation Funding For SMEs

KUCHING, Oct 23 (Bernama) -- The Malaysian Technology Development Corporation (MTDC) has strengthened efforts to accelerate technology (tech) adoption and innovation funding for Sarawak-based small and medium enterprises (SMEs) and start-ups through its Road2Growth (R2G) Sarawak 2025 programme.

Bursa Malaysia Opens Lower But Gains Momentum Thereafter

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened lower in early trading today but rose slightly thereafter, led by buying interest, mainly in the plantation and construction counters.

BNM Expected To Complete Domestic Wholesale CBDC Proof-of-Concept By Year-End -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.