LATEST NEWS   The ringgit opens higher at 3.8790/9010 against the US dollar on Tuesday, from Monday’s close of 3.8885/8925 | 

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US Tariffs: Anwar Urges Reforms, Closer ASEAN And Partner Ties

PUTRAJAYA, May 21 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia is prioritising domestic economic reforms before expanding partnerships through ASEAN, key regional players such as China, India and Pakistan, and strengthening ties with the European Union (EU) to address the impact of the United States’ (US) tariff policy changes.

PinC Technology, UMS Organise Tech And Maritime Competition For Undergraduates

LABUAN, May 21 (Bernama) -- PinC Technology Sdn Bhd and Universiti Malaysia Sabah (UMS) are collaborating to launch a joint initiative to organise a four-month national competition involving the marine industry.

CT Group Showcases Advanced Tech At National Assembly Exhibition

KUALA LUMPUR, May 20 (Bernama) -- CT Group was among a select group of private enterprises invited to participate in a special exhibition held at the National Assembly Building, Hanoi, aimed at implementing Vietnam’s Resolution No. 68-NQ/TW on private economic development.

Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

Rubber Market Likely To Track Regional Futures, Ringgit And Crude Oil Prices Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 17 (Bernama) -- The Malaysian rubber market is expected to track the performance of regional rubber futures markets, the strength of the ringgit against the United States (US) dollar, and benchmark crude oil prices, said a dealer.

Bursa Malaysia Ends Morning Session Marginally Lower

KUALA LUMPUR, May 16 (Bernama) -- Bursa Malaysia ended the morning trading session slightly lower today, weighed down by a lack of fresh catalysts and mirroring the trend of key regional indices.

Ringgit Ends Marginally Higher Against Us Dollar On Mild Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed marginally higher against the US dollar today, buoyed by mild demand, as traders remained cautious while monitoring ongoing economic developments.

HORIBA Group To Set Up First Manufacturing Facility In Kedah By 2026

KUALA LUMPUR, May 15 (Bernama) -- Japanese manufacturer HORIBA Group is set to establish its first manufacturing facility in Kedah, marking its first production base for mass flow controllers (MFCs) in Malaysia.

Gradiant Wins Contracts For Sustainable Water Solutions At Data Centres

KUALA LUMPUR, May 14 (Bernama) -- Gradiant, a global leader in advanced water and wastewater solutions, has been awarded two new contracts by leading technology companies to design and deploy sustainable water solutions at new data centres in the United States and Indo-Pacific.

Malaysia Should Leverage US-China Tariff Pause To Reposition Itself -- Economists

By Naveen Prabu Kuppusamy

KUALA LUMPUR, May 14 (Bernama) -- The 90-day tariff pause between the United States (US) and China offers Malaysia a critical opportunity to reposition itself economically, according to economists.

US Move To Ease Curbs On Chip Exports An Opportunity For Malaysia's AI And Data Centre Sectors

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 9 (Bernama) -- US President Donald Trump's plan to rescind the Biden-era artificial intelligence (AI) chip export rule presents opportunities for Malaysia to expand its AI chip industry and booming data centre sector.

AVI Calls For Governance Reforms At Wacom, Tables Shareholder Proposals 

KUALA LUMPUR, May 9 (Bernama) -- Asset Value Investors Ltd (AVI) has launched a campaign urging Wacom Corporation (Wacom) to improve its responsiveness to capital market expectations and announced the submission of shareholder proposals ahead of Wacom’s annual general meeting (AGM) scheduled for June.