SEDC Energy In Talks To Export Solid Green Hydrogen

KUCHING, Aug 30 (Bernama) -- Sarawak Economic Development Corporation (SEDC), through its new energy arm, SEDC Energy Sdn Bhd (SEDCE), is in discussions with several potential offtakers for the export of green hydrogen in solid form.

AmBank Economist Forecasts Ringgit At 4.27 Against US Dollar By End-2025

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.

Malaysia Stresses Urgency Of Grid Modernisation, Regional Cooperation At APEC

BUSAN, Aug 28 (Bernama) – Malaysia stands ready to work with 21 Asia Pacific Economic Cooperation (APEC) economies to build power systems that are resilient, adaptive, and capable of supporting the shared transition to low-carbon growth, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

FBM KLCI Pares Gains But Stays In Positive Territory At Midday Break

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia’s composite index remained in positive territory at the midday break, supported by bargain hunting in financial, consumer products and telecommunications heavyweight counters.

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (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 Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

Senegal Calls On Malaysian Companies To Invest And Use It As Gateway To Africa

By Rosemarie Khoo

KUALA LUMPUR, Aug 26 (Bernama) -- Senegal is inviting Malaysian companies to invest and form strategic partnerships in the West African nation as part of its ambition to become Malaysia’s gateway to Africa, which has a huge consumer base.

Malaysian Rubber Market Closes Mixed, Tracking Regional Peers

By Anas Abu Hassan

KUALA LUMPUR, Aug 25 (Bernama) -- The Malaysian rubber market closed mixed on Monday, tracking the uptrend in the regional rubber futures market amid rising oil prices, a dealer said.

Inflation Outlook Steady, Limited Impact From Fuel Cut

KUALA LUMPUR, Aug 25 (Bernama) -- Public Investment Bank (IB) Bhd has maintained its 2025 headline inflation forecast at 1.9 per cent year-on-year, while CIMB Securities Sdn Bhd trimmed its projections, with both firms expecting only limited impact from the planned fuel price cut.

Khazanah Welcomes PAC Recommendations, Reaffirms Commitment To Nation-Building Through Venture Capital

KUALA LUMPUR, Aug 22 (Bernama) — Khazanah Nasional Bhd has welcomed the findings and recommendations of the Public Accounts Committee (PAC) on its (Khazanah) past investment in FashionValet and the broader approach to domestic venture capital (VC) investments, as part of its overall mandate and mission in advancing Malaysia.

Malaysia Well-Positioned For Regional Operations

By Nor Baizura Basri

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia continues to stand out across various industry sectors as a credible and well-positioned base for establishing and expanding regional operations, according to a consulting firm.

MPOC Expects CPO Prices To Hold Above RM4,300 Per Tonne In Near Term

KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold above RM4,300 per tonne in the near term despite price fluctuations, according to the Malaysian Palm Oil Council (MPOC).

Govt Will Not Embark On Mega Projects, To Focus Spending On The People

KUALA LUMPUR, Aug 18 (Bernama) -- The government will not embark on mega projects that have limited impact on the majority of the people in the near future after taking into account global economic uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.