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Bursa Malaysia Opens Higher Amid Wall Street Gains, Positive Economic Data

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s overnight gains as hopes grew for a resolution of the West Asia conflict, coupled with positive domestic economic data.

Ringgit Opens Higher Against Greenback, Major Currencies

KUALA LUMPUR, May 22 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Friday, supported by easing geopolitical tensions in West Asia and Malaysia’s improving macroeconomic outlook.

MIDA Strengthens Nordic Engagement Through New Incentive Framework

KUALA LUMPUR, May 22 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is intensifying engagement with Nordic investors to position Malaysia’s New Incentive Framework (NIF) and broader facilitation ecosystem as key advantages for high-quality foreign investment.

Ningbo Fresh Technology To Invest RM263 Mln To Expand Tanjong Malim Operations

IPOH, May 21 (Bernama) -- Ningbo Fresh Technology Co Ltd of China will invest an additional RM263 million in Tanjong Malim, Perak, hence further strengthening the country’s automotive industry ecosystem.

TH Plantations’ Net Profit Eases To RM11.62 Mln In 1Q 2026

KUALA LUMPUR, May 21 (Bernama) -- TH Plantations Bhd’s net profit eased by 9.49 per cent to RM11.62 million in the first quarter ended March 31, 2026 (1Q 2026) compared with RM12.84 million in the same period last year.

TNB: Energy No Longer Just Powers Homes But Also AI, Data Centres

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Energy is no longer just about powering homes but has become a critical driver of the growing artificial intelligence (AI) ecosystem and the rapid expansion of computing, data centres, advanced manufacturing and electric mobility.

MAG Expects Jet Fuel Prices To Hover At US$120-US$130 Over The Next One Year

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 20 (Bernama) -- Malaysia Aviation Group (MAG) expects jet fuel prices to hover between US$120 and US$130 per barrel over the next one year, based on current forward market indications, as airlines continue navigating geopolitical tensions and fuel supply disruptions affecting the aviation industry. 

Singapore Retains Top APAC Meeting Destination Ranking For 2026 - Cvent

KUALA LUMPUR, May 20 (Bernama) -- Cvent released its annual rankings of the top meeting destinations and meeting hotels in Asia Pacific (APAC), with Singapore retaining the top destination ranking for the eighth time and Hilton Singapore Orchard claiming the region’s top meeting hotel position for the first time.

Malaysian Company Eyes Proposed Integrated Development In Cebu, Philippines

KUALA LUMPUR, May 20 (Bernama) -- MTD Philippines Inc, a member of Malaysia’s AFK Group, has signed a memorandum of understanding (MoU) with the Philippine province of Cebu for the proposed development of an integrated masterplan in Naga City, Cebu.

motif Launches AI Financial Intelligence System 

KUALA LUMPUR, May 20 (Bernama) -- Artificial intelligence (AI) wealth advisory company, motif has launched Clarity, an AI financial intelligence system designed to track how markets, assets, and financial relationships evolve over time.

CJC To Boost IMT-GT Cross-Border Cooperative Ties

BUTTERWORTH, May 20 (Bernama) -- The establishment of the Cooperative Joint Committee (CJC) under the Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council (IMT-GT JBC) framework is set to strengthen cross-border cooperation and trade among cooperatives in Malaysia, Indonesia and Thailand.

Gold Remains Relevant As Investments Despite Weakening Correlation With Currencies

KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.