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Bank Muamalat Launches ASB Smart Education Financing Plan

KUALA LUMPUR, April 4 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) launched the ASB SMART Education plan today, becoming the first financial institution among Amanah Saham Nasional Bhd (ASNB) agents to offer an Amanah Saham Bumiputera (ASB) financing solution specifically tailored towards education.

Malaysia Must Expand Green Finance, Tech Capacity - World Bank

KUALA LUMPUR, May 4 (Bernama) -- Malaysia must expand green finance, strengthen local tech capacity, as well as broaden participation across sectors and regions to fully leverage the global shift towards sustainability and turn climate risk into a competitive edge in green value chains. 

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia stayed higher at midday on continued buying activities in selected financial services and plantation counters. 

Industrial Products Sector Records RM128.3 Mln Net Foreign Inflows

KUALA LUMPUR, May 4 (Bernama) -- The industrial products and services recorded net foreign inflows of RM128.3 million, followed by technology (RM114.2 million), and plantation (RM53.3 million) last week, according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Opens Firmer On Foreign Inflows, IMF Optimism

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia opened higher on the first trading day of May, supported by continued net foreign inflows and bolstered by the International Monetary Fund’s (IMF) upbeat outlook on Malaysia’s economic prospects.

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.

ADB Launches US$70 Bln Push To Connect Asia’s Power Grids, Digital Networks

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) will back US$70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade and improve broadband access across Asia and the Pacific.

ADB Launches Financing Facility To Build Asia’s Critical Minerals Supply Chains

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) today launched a new financing facility to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles, and digital technology.

Ringgit Strength, IMF GDP Forecast Signal Global Confidence In Malaysia’s Economy — Muhammad Kamil

KUALA LUMPUR, May 2 (Bernama) -- The continued strengthening of the ringgit and the improved economic projections by the International Monetary Fund (IMF) indicate the fundamental strength of the country's economy and investor confidence in the direction of the Malaysia MADANI administration.

Ringgit Seen To Trade Within RM3.96–RM3.98 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, May 2 (Bernama) -- The ringgit is expected to trade within a narrow range next week, hovering between RM3.96 and RM3.98 against the US dollar ahead of key United States data.

Gold Futures Seen In The US$4,600–US$4,700 Range Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, May 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range of US$4,600 to US$4,700 per troy ounce next week, on expectations that the United States (US) Federal Reserve (Fed) will maintain its restrictive monetary stance.

Global Economy Challenging, Govt Continues Taking Necessary Measures To Face Uncertainty - PM Anwar

KUALA LUMPUR, May 1 (Bernama) -- The government will continue to take the necessary measures in facing global economic uncertainty, said Prime Minister Datuk Seri Anwar Ibrahim.