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Sidra Capital Joins Malaysia's Bursa Suq Al-Sila’ To Boost Islamic Finance Reach

KUALA LUMPUR, May 19 (Bernama) -- Sidra Capital has officially become a commodity trading participant on Bursa Suq Al-Sila’ (BSAS), Malaysia’s premier Islamic commodity trading platform.

Bursa Malaysia Ends Lower In Line With Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended lower on Monday, mirroring the lacklustre performance across Asia as weak Chinese economic data and the recent downgrade of the United States’ sovereign credit rating weighed on regional market sentiment.

Six Banks Commit To Advancing Financial Facilitation In JS-SEZ -- Rafizi

KUALA LUMPUR, May 19 (Bernama) -- Six banks signed a letter of intent (LOI) today with the Ministry of Economy, advancing financial facilitation to support the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Datuk Seri Rafizi Ramli.

ASEAN Nations Taking Steps To Establish Monetary Fund, Strengthen Regional Financial Security - Anwar

From Sharifah Hunaini Syed Ismail

KAZAN, (TATARSTAN), May 17 (Bernama) -- ASEAN countries are taking steps to revive the idea of creating their own monetary fund, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Likely To See Volatile Trading Amid Positive Outlook Next Week

By Anas Abu Hassan

KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia is expected to see some volatile trading next week, albeit market optimism is supported by improving global sentiment, a dealer said.

BNM’s 100-bps SRR Cut Gives Room To Assess US Tariff Impact - Moody’s Analytics

KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.

US-China Tariff Development Positive For Malaysian Equity Market - CIMB Securities 

By Karina Imran

KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd. 

Bursa Malaysia Ends Morning Session Mixed

By Zarul Effendi Razali

KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia ended the morning session mixed today as mild profit-taking in selected heavyweights re-emerged, amid mixed sentiment in the regional markets, a dealer said.

Ringgit Closes Slightly Lower Against US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- The ringgit closed lower against the US dollar on Thursday as confidence in the greenback is deemed to have returned, said an economist. 

Economy Continues To Grow Despite Tariff Uncertainties - BNM Governor

KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR). 

Malaysian SMEs Still Lagging Behind In Digitalisation Journey – Gobind

KUALA LUMPUR, May 6 (Bernama) -- Most Malaysian small and medium enterprises (SMEs) are still trailing behind larger enterprises in their digitalisation journey, said Digital Minister, Gobind Singh Deo.

US Tariff: Govt To Boost SJPP Guarantee Schemes By RM1 Bln To Assist SME Exporters

KUALA LUMPUR, May 5 (Bernama) -- The government has agreed to raise government guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion to assist small and medium enterprises (SMEs) that are affected following the United States (US) tariff announcement to secure loans from commercial banks.