LATEST NEWS   Services sector expanded by 8.1 pct year-on-year in the first quarter of 2026, with revenue reaching RM682 bln | KWAP announces appointment of Datuk Jay Khairil Jeremy Abdullah as chief executive officer, effective May 20, 2026 |  Malaysia wants OEMs to collaborate with local vendors to level up entire value chain and ecosystem via the new EV policy - Sim Tze Tzin  | Thirteen senators, including six newly appointed, are sworn in today | Tan Sri Dr Mohd Daud Bakar and Datuk Norliza Tajudin plead not guilty to criminal breach of trust involving RM10.55 million | 

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Ringgit Likely To Trade Within RM3.90–RM3.95 Level Next Week Ahead Of Trump-Xi Meeting

KUALA LUMPUR, May 9 (Bernama) -- The ringgit is expected to trade between RM3.90 and RM3.95 against the US dollar next week ahead of a key meeting between President Donald Trump and President Xi Jinping.

Bursa Malaysia To Trade Range-bound Next Week

KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia is expected to trade in range-bound mode next week after the benchmark index, FBM KLCI, successfully breached above the 1,750 level, supported by improving global risk appetite and Wall Street’s repeated record highs, said an analyst. 

Malaysia, Vietnam To Boost Strategic Cooperation In Digital Economy, AI -- Anwar

From Niam Seet Wei

CEBU (Philippines), May 8 (Bernama) -- Malaysia and Vietnam are committed to expanding cooperation in the digital economy and artificial intelligence (AI), as well as science, technology, engineering, and mathematics (STEM), said Prime Minister Datuk Seri Anwar Ibrahim.

MISC Names Two New LNG Carriers, Strengthens Partnership With ExxonMobil Unit

KUALA LUMPUR, May 8 (Bernama) -- MISC Bhd announced the naming of two new-generation liquefied natural gas (LNG) carriers, Seri Dian and Seri Dayang, further strengthening its long-standing partnership with Seariver Maritime LLC (SRM), a wholly-owned subsidiary of ExxonMobil.

ADB To Mobilise US30 Bln By 2030 To Support ASEAN Countries

KUALA LUMPUR, May 8 (Bernama) -- The Asian Development Bank (ADB) today will mobilise US$30 billion (US$1 = RM3.91) by 2030 to help ASEAN nations advance long-term development priorities and withstand external shocks.

Petrol, Diesel Supply More Stable Following Govt's Proactive Measures -- PM Anwar

From Niam Seet Wei

CEBU (The Philippines), May 8 (Bernama) -- The government has assured that the nation’s petrol and diesel supply is more stable following the government’s proactive measures, particularly under the management of Petroliam Nasional Bhd (Petronas), said Prime Minister Datuk Seri Anwar Ibrahim.

SkyeChip IPO Oversubscribed 95.03 Times Ahead Of Main Market Listing

KUALA LUMPUR, May 8 (Bernama) -- SkyeChip Bhd’s initial public offering (IPO) has been oversubscribed by 95.03 times ahead of its listing on the Main Market of Bursa Malaysia.

Petronas Dagangan Appoints Sazali Hamzah As Chairman

KUALA LUMPUR, May 8 (Bernama) -- Petronas Dagangan Bhd (PDB) has appointed Datuk Sazali Hamzah as chairman, effective today.

TACTICA AI Introduces Decision-Support Platform With TII Technology

KUALA LUMPUR, May 8 (Bernama) -- TACTICA AI, an Abu Dhabi-based start-up built on deep technology developed by the Technology Innovation Institute (TII), has introduced its multi-domain decision-support platform at the Make it in the Emirates 2026 event.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst. 

KJTS’ Lestari Cooling Energy Activates Platform, Invests RM23 Mln Across Eight KIPMall Sites

KUALA LUMPUR, May 8 (Bernama) -- KJTS Group Bhd’s joint venture, Lestari Cooling Energy Sdn Bhd, has activated its operating platform with its first investment in operating assets owned by KIP Real Estate Investment Trust (KIP REIT).

Mr D.I.Y. Raises RM540 Mln Via Inaugural Sukuk, IMTN Oversubscribed 5.6 Times

KUALA LUMPUR, May 8 (Bernama) -- MR D.I.Y. Group (M) Bhd has raised a total RM540 million via the inaugural issuance under its RM5.0 billion Sukuk Wakalah Programmes, with the Islamic Medium-Term Notes (IMTN) tranche oversubscribed by 5.6 times.