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Malaysia’s Business Events Industry Drives Global Connectivity, Collaboration -- MOTAC Sec-Gen

KUALA LUMPUR, May 6 (Bernama) -- Malaysia’s business events industry continues to strengthen its role in driving economic growth, knowledge development and global connectivity through stronger collaboration among the government, industry players and professional associations.

Marriott, Maritime Waterfront Rebrand Bertam Resort As The Bertam

KEPALA BATAS, May 5 (Bernama ) -- Marriott International has partnered with Maritime Waterfront Suites Sdn Bhd to rebrand Bertam Resort under the Tribute Portfolio brand as The Bertam, ushering in a new chapter for the hospitality sector on mainland Penang.

Malaysia Must Strive To Become Tech Nation To Address Low Wage Issue -- Liew

ISKANDAR PUTERI, March 4 (Bernama) -- Malaysia needs to shift from being perceived mainly as a trading nation to a technology-driven country by striving to produce its own technological innovations in order to tackle the issue of low wages in the country.

Ringgit Opens Higher Against US Dollar Ahead Of OPR Announcement

KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.

US Dollar/Ringgit To Trade 3.95-4.05 In Near Term -- Apex Securities

KUALA LUMPUR, April 30 (Bernama) -- Apex Securities expects the US dollar/ringgit pair to trade within the 3.95-4.05 range in the near term.

PIAM Re-Elects Ng Kok Kheng As Chairman For 2026-2028 Term

KUALA LUMPUR, April 30 (Bernama) -- Persatuan Insurans Am Malaysia (PIAM) has re-elected Ng Kok Kheng as its chairman for the 2026-2028 term, effective April 29, 2026. 

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.

AM Best Affirms Guild Insurance Credit Ratings At Excellent

KUALA LUMPUR, April 29 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL), with the outlook for both credit ratings (ratings) remaining stable.

UAE Exit Eroding OPEC Production Discipline; Strait Of Hormuz Risks Persist

By Siti Radziah Hamzah

KUALA LUMPUR, April 29 (Bernama) -- The United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) is unlikely to destabilise the alliance in the near term.

Labuan Corporation Advisory Council Supports Oil Refinery Proposal

LABUAN, April 29 (Bernama) — The Labuan Corporation Advisory Council has unanimously agreed to support a proposal to establish an oil refinery on the island, describing it as a strategic move to spur economic growth and create employment opportunities.

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.

UAE Leaves OPEC And OPEC+ In Huge Blow To Global Oil Producers' Group

KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.