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Labuan Seeks Equal Duty-Free Treatment As Langkawi

LABUAN, April 29 (Bernama) -- Labuan’s duty-free status should be given equal consideration for full restoration, in line with the proposal being studied for Langkawi, to support the island’s tourism, retail and business sectors, the Labuan Corporation (LC) Advisory Council said.

Ringgit Closes Higher Vs US Dollar, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.

Bursa Malaysia Ends Lower On Profit-Taking In Oil-Related Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended on a softer note today, as investors took profit in oil-related counters following news of the United Arab Emirates’ (UAE) decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and its allies.

Labuan Corp Advisory Council Urges CVLB To Set Up Labuan Branch To Boost Transport, Logistics Industry

LABUAN, April 29 (Bernama) -- The Commercial Vehicles Licensing Board (CVLB) has been urged to establish a branch here to facilitate dealings by transport and logistics companies operating on the island.

1,729 Jobs Created At Lahad Datu Palm Oil Industrial Cluster - Ewon

KOTA KINABALU, April 29 (Bernama) -- The Palm Oil Industrial Cluster (POIC) in Lahad Datu has created 1,729 job opportunities to date, with 85 per cent of them filled by locals, including youth from the area, said Deputy Chief Minister III Datuk Ewon Benedick.

Ringgit Opens Higher Against US Dollar, Mixed Versus Peers

KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid cautious sentiments over rising crude oil prices.

Bursa Malaysia Opens Higher On Sustained Appetite For Technology, Utilities Counters

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia started Tuesday’s session on a firmer note, buoyed by sustained investor appetite for data centre-linked counters, particularly in the technology and utilities sectors, following robust earnings reported by United States (US) semiconductor players.

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.

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.

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.

Ringgit Edges Higher Against US Dollar Amid Subdued Market Sentiment

KUALA LUMPUR, April 27 (Bernama) -- The ringgit edged higher against the US dollar but was traded mostly lower against other major currencies in early trade on Monday amid subdued market sentiment ahead of the US Federal Reserve meeting later this week, said an analyst.