Ringgit Mostly Higher Against Major, Asian Currencies

KUALA LUMPUR, April 28 (Bernama) -- The ringgit traded mostly higher against other major and Asian currencies in early trade today amid cautious sentiment in the currency market.

Early Intervention Cushions Malaysia Against West Asia Shock

By Engku Shariful Azni Engku Ab Latif and N. Kuvineshwaren

KUALA LUMPUR, April 27 (Bernama) -- Malaysia is weathering the fallout from the West Asia crisis better than many peers, supported by early government intervention over the past three years to strengthen economic resilience.

MIDA Partners With HLB Islamic To Strengthen SME Entrepreneurs In Northern Region

SUNGAI PETANI, April 27 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Hong Leong Islamic Bank Bhd (HLB Islamic) today organised a special forum to strengthen the ecosystem and access of small and medium enterprise (SME) entrepreneurs in the Northern Region.

Malaysia Seeks To Build AI Capabilities, Compete Globally -- PM Anwar

KUALA LUMPUR, April 27 (Bernama) --  Malaysia will not remain merely a user of artificial intelligence (AI), but will collaborate with partners to build capabilities and compete with confidence in the global digital economy, said Prime Minister Datuk Seri Anwar Ibrahim.

Gold Futures Close Higher Amid Safe-Haven Demand

KUALA LUMPUR, April 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, bucking the weaker performance on the US COMEX market, amid continued safe-haven demand.

Ringgit Closes Higher Against US Dollar On Tech-led Inflows, Easing Geopolitical Risks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 27 (Bernama) -- The ringgit closed higher against the greenback today on improved optimism, as markets saw inflows into semiconductor-related stocks, which benefited Malaysia.

Petronas Dagangan Poised For Steady Performance, Commits To Keeping Malaysia Reliably Supplied 

KUALA LUMPUR, April 27 (Bernama) -- Petronas Dagangan Bhd (PDB) is prepared to perform well despite ongoing global changes and shifting energy policies, and remains committed to keeping Malaysia moving by ensuring a reliable supply, supporting national priorities, and delivering sustainable value to shareholders.

KIP REIT To Acquire Setapak Central For RM435 Mln

KUALA LUMPUR, April 27 (Bernama) -- KIP Real Estate Investment Trust (KIP REIT), via its trustee Pacific Trustees Bhd, has entered into a conditional sale and purchase agreement for the proposed acquisition of Setapak Central for RM435 million.

Late Selling Drags Bursa Malaysia Lower Amid Rotation Into Mid-, Small-Cap Stocks

By Harizah Hanim Mohamed

KUALA LUMPUR, April 27 (Bernama)  -- Last-minute selling dragged Bursa Malaysia into negative territory at closing, reversing gains after trading in positive territory throughout the day, as investors shifted to rotational play into mid- and small-cap segments, favouring domestically driven and higher-beta names with clearer earnings visibility.

Rubber Market Closes Higher On Firmer Oil, Positive China Data

By K. Naveen Prabu

KUALA LUMPUR, April 27 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by gains in crude oil prices and positive data from China, a trader said.

MIDA Facilitated Approval Of Tax Incentives For 220 Johor Projects In 2025

JOHOR BAHRU, April 27 (Bernama) -- The Malaysian Investment Development Authority (MIDA) facilitated the approval of tax exemptions and incentives for 220 projects in Johor, reinforcing the Federal Government's commitment to the state's industrial growth in 2025.

Bursa Malaysia Higher As AI Optimism, Firm Commodities Offset Geopolitical Concerns

KUALA LUMPUR, April 27 (Bernama) -- Bursa Malaysia remained in positive territory at mid-afternoon, rising 0.33 per cent, supported by gains in artificial intelligence (AI)-related and metals-linked counters, as stalled US-Iran talks heightened concerns over supply disruptions, thereby underpinning commodity prices.