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Ringgit Opens Slightly Higher Against US Dollar Amid US-Iran Negotiations

By Karina Imran

KUALA LUMPUR, May 26 (Bernama) --  The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.

Bank Indonesia sees MSMEs Supported Despite Higher Bi-rate

JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.

Ringgit Closes Higher Against US Dollar On Hopes Of US-Iran Deal

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 25 (Bernama) -- The ringgit closed higher against the US dollar on Monday, driven by hopes of a resolution to the war between the United States (US) and Iran although conditions remained highly fluid.

Kuala Lumpur Rubber Market Ends Mixed, Tracking Regional Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 25 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday while tracking the performance of regional rubber futures markets, a dealer said.

Banks In Malaysia, APAC Economies Less Impacted By Higher Energy Prices - Moody's Ratings

KUALA LUMPUR, May 25 (Bernama) -- Banks in Malaysia and some Asia-Pacific (APAC) economies will be less impacted by higher energy prices, according to Moody’s Ratings.

VentureTECH Partners Pacton Technologies To Advance AI-Powered Aquaculture Platform

KUALA LUMPUR, May 25 (Bernama) -- Government-backed impact investment company VentureTECH Sdn Bhd has made a strategic investment in Malaysian technology company Pacton Technologies Sdn Bhd, which specialises in artificial intelligence (AI) and Internet of Things (IoT) solutions, to enhance its AI- and IoT-powered aquaculture management platform, FishSpeak.

Malaysia Retains Competitive Edge In Global Halal Industry Through JAKIM – BMI

KUALA LUMPUR, May 25 (Bernama) -- Malaysia’s institutional credibility remains a key competitive advantage in the global halal certification landscape, underpinned by the internationally recognised halal certification system developed by the Department of Islamic Development Malaysia (JAKIM), according to BMI, a unit of Fitch Solutions.

Local Institutions Extend Net Buying Streak To Six Weeks On Bursa Malaysia

KUALA LUMPUR, May 25 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to a sixth consecutive week, recording net inflows of RM572.9 million last week, according to MBSB Investment Bank Bhd.

Ringgit Opens Higher Against Greenback On Improved Sentiment

By Karina Imran

KUALA LUMPUR, May 25 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by improved market sentiment amid investor optimism over possible progress in negotiations between the United States and Iran.

Ringgit Set To Trade Between 3.95 And 3.97 Against US Dollar Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, May 23 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.95 and RM3.97 next week against the US dollar amid a shortened trading week.

CPO Futures To Trade With Bearish Bias Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week amid weakness in the crude oil market, said a trader.

InterSystems Opens Jakarta Office To Expand Indonesia Presence

KUALA LUMPUR, May 22 (Bernama) -- InterSystems, a creative data technology provider headquartered in Boston, has expanded its Indonesia presence with the opening of a new office in Jakarta.