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Ringgit Opens Higher Against US Dollar Ahead Of US-Iran Ceasefire Expiry

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 21 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as market participants are likely to focus on negotiations between the United States and Iran, with the two-week ceasefire, which commenced on April 7, set to expire on Wednesday.

Credit Guarantees, Regulatory Relief Support MSMEs Amid Energy Crisis

By Siti Noor Afera Abu

KUALA LUMPUR, April 20 (Bernama) -- The Malaysian government has moved swiftly to roll out targeted assistance measures to help micro, small and medium-sized enterprises (MSMEs) sustain operations amid a global energy crisis triggered by conflict in West Asia, as authorities acknowledge mounting pressures on small businesses.

Strengthen Energy, Economic Strategy Amid Global Uncertainty, ASEAN Told

BANGI, April 20 (Bernama) -- ASEAN must urgently strengthen regional coordination and craft a cohesive strategy on energy security and economic resilience in response to escalating geopolitical tensions and supply chain disruptions, said Universiti Kebangsaan Malaysia Vice-Chancellor Prof Datuk Dr Sufian Jusoh.

CPO Futures End Higher Amid Escalating West Asia Conflict

KUALA LUMPUR, April 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, amid escalating tensions in West Asia, said a trader.

MRCB Completes RM1.58 Bln Bukit Jalil Sentral Property Acquisition

KUALA LUMPUR, April 20 (Bernama) -- Malaysian Resources Corporation Bhd (MRCB) has completed its proposed acquisition of Bukit Jalil Sentral Property Sdn Bhd (BJSP) after settling the remaining purchase consideration of RM1.42 billion in cash.

UOB Facilitates Over RM18 Bln In FDI Into JS-SEZ Since 2024

JOHOR BAHRU, April 20 (Bernama) -- United Overseas Bank (UOB) has facilitated over RM18 billion in foreign direct investment (FDI) into the Johor-Singapore Special Economic Zone (JS-SEZ) since 2024.

Invest Selangor To Hold Engagement Sessions For Phase 2 Of Resilience Package

SHAH ALAM, April 20 (Bernama) -- Invest Selangor Bhd will hold engagement sessions with key sectors such as services and construction within one to two weeks as part of efforts to boost the state’s economic resilience through the Selangor Resilience Strengthening Package Phase 2.

Gold Futures Close Lower, Tracking COMEX Weakness Amid Firmer US Dollar

KUALA LUMPUR, April 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, reflecting the weaker performance in the US COMEX market, as a stronger US dollar pressured prices amid the renewed US-Iran conflict.

Ringgit Ends Marginally Lower Vs US Dollar

KUALA LUMPUR, April 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on Monday, remaining in a tight range as markets kept a close watch on developments in West Asia.

KLCI Futures Close Higher, Tracking Firmer Cash Market

KUALA LUMPUR, April 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today, in line with the firmer cash market.

West Asia Crisis A Reminder For ASEAN To Strengthen Energy Security -- Onn Hafiz

JOHOR BAHRU, April 20 (Bernama) -- The West Asian crisis is a reminder that ASEAN nations, particularly Malaysia, need to strengthen and diversify energy security and cooperation, as well as trade and supply chains.

Hatch-Led Consortium Identifies Five CCUS Hubs Across Asia-Pacific

KUALA LUMPUR, April 20 (Bernama) -- Hatch, a global engineering, project delivery, and professional services firm, has announced the Carbon Capture, Utilisation and Storage (CCUS) Hub Study for Asia, identifying five potential storage hubs and welcoming new consortium partners.