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Ringgit Depreciates Against US Dollar On Stronger US Dollar Index

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 22 (Bernama) -- The ringgit ended lower against the US dollar today due to a stronger US Dollar Index (DXY) after the Moody’s Ratings downgrade.

Airwallex Raises US$300 Mln At US$6.2 Bln Valuation To Expand Global Financial Infrastructure

KUALA LUMPUR, May 22 (Bernama) -- Airwallex, a global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. (US$1=RM4.25)

Futurise, MIGHT Launch Industry Report, Boost Malaysia's Air Mobility Ecosystem

LANGKAWI, May 21 (Bernama) -- Futurise Sdn Bhd and the Malaysian Industry-Government Group for High Technology (MIGHT) have launched the Advanced Air Mobility (AAM) Industry Report, a strategic step forward in shaping the future of Malaysia’s air mobility ecosystem by leveraging innovation, forward-looking regulatory insights and industry expertise to drive sustainable growth.

Malaysia's General Insurance Industry To Grow At 6.6 Pct CAGR From 2025-2029 -- GlobalData

KUALA LUMPUR, May 21 (Bernama) -- Malaysia’s general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.6 per cent from RM24.6 billion in 2025 to RM31.8 billion by 2029 in terms of gross written premium (GWP), according to data and analytics company GlobalData.

Socso Amnesty Programme Saves Industry RM100 Mln In Waived Charges In April - MEF

KUALA LUMPUR, May 17 (Bernama) -- The industry has saved RM100 million through the waiver of compounds and late payment charges under the Social Security Organisation (Socso) Amnesty Programme from April 1-30, 2025, said the Malaysian Employers Federation (MEF).

Maritime Sector Not Immune To Tariff War, With Small Firms Facing Potential Death Blow

By Harizah Hanim Mohamed

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s maritime sector, including its ports, is not immune to the fallout from the tariff war, which can potentially deal a death blow to small companies if the cost of shipping cargo increases exorbitantly.

SIRIM Accelerates Malaysia's Cosmetics Innovation With Market-ready Research Breakthrough

SHAH ALAM, April 30 (Bernama) -- SIRIM Bhd has unveiled five cosmetic innovations ready for market adoption, each with complete intellectual property (IP) protection, for interested industry players.

Cautious Outlook For Bursa Malaysia Next Week As Investors Await Response To US Tariffs

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 26 (Bernama) -- Bursa Malaysia is expected to maintain a cautious outlook next week, consolidating within a tight range of 1,513 to 1,515, as investors await clarity on Malaysia’s strategic response to the recent US tariff announcements, from a special Dewan Rakyat sitting on May 5.

Rubber Market Ends Mixed Amid Absence Of China Players

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 4 (Bernama) -- The Malaysian rubber market closed mixed on Friday in thin trading amid the absence of China players, a dealer said.

RHB IB Trims Malaysia’s 2025 GDP Forecast To 4.5 Pct Amid Tariff Pressures

KUALA LUMPUR, April 4 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.

Consistent Savings Simplify Hajj Planning

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 28 (Bernama) -- The recent announcement of Lembaga Tabung Haji’s (TH) 2024 profit distribution has brought joy to depositors, especially with Hari Raya Aidilfitri approaching.

ACE Market-listed Southern Score Builders Proposes Listing Transfer To Main Market

KUALA LUMPUR, March 27 (Bernama) -- ACE Market-listed Southern Score Builders Bhd has proposed to transfer its listing and entire issued share capital to the Main Market of Bursa Malaysia.