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Bursa Malaysia Opens Higher On Improved Sentiment

KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia opened higher on Wednesday, tracking overnight gains on Wall Street, as investor sentiment improved on expectations that the West Asia conflict may ease soon.

Ringgit Opens Higher Vs Greenback As US Signals Iran Exit

KUALA LUMPUR, April 1 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as global sentiment improved on hopes that the US may be leaving Iran in a matter of weeks.

German Group Koerber Invests RM95 Mln In Shah Alam Facility

SHAH ALAM, March 31 (Bernama) -- Koerber Technologies Sdn Bhd, a subsidiary of Germany-based technology group Korber, is investing RM95 million to expand its manufacturing facility here.

Three More Airlines To Boost Malaysia’s Global Connectivity, Expand Reach Into Asia And Africa

SEPANG, March 31 (Bernama) -- Three additional airlines are expected to enhance Malaysia’s global air connectivity and provide access to new growth markets in Asia and Africa.

Bursa Malaysia Rebounds To Close Slightly Higher, Led By Healthcare, Utilities & Banks

By Siti Noor Afera Abu

KUALA LUMPUR, March 31 (Bernama) -- Shares on Bursa Malaysia reversed yesterday’s losses to finish higher on Tuesday, driven by buying interest in healthcare, utilities and banking counters.

Islamic Finance Gains Momentum In ASEAN, Reflecting Wider Appeal And Interest - BNM

KUALA LUMPUR, March 31 (Bernama) -- Islamic finance has gained momentum in ASEAN with emphasis on value-based principles, balanced risk-reward considerations and wider benefits for society and the environment as global interest in ethical and sustainable finance expanded, says Bank Negara Malaysia (BNM).

Labuan IBFC Rises To 55th In Global Financial Centres Index

By Jailani Hasan

LABUAN, March 31 (Bernama) -- The Labuan International Business and Financial Centre (IBFC) is well-positioned to complement Malaysia’s broader financial ecosystem and strengthen the nation’s global appeal, said Labuan Financial Services Authority director general Affendi Rashdi.

Qionghai Showcased As Free Trade Hub At Boao Exhibition

KUALA LUMPUR, March 31 (Bernama) -- The "Boao: Where the World Meets, Qionghai: Where Free Trade Thrives" City Exhibition, held at Boao’s Dongyu Island Cultural Park, showcased policies and culture through immersive, sensory experiences enabled by innovative technology and design.

BNM Assesses Risks, Economic Impact From West Asia Conflict

KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is actively assessing the economic impact of the West Asia conflict as the outbreak could last up to six months, affecting oil supplies and energy prices, said Governor Datuk Seri Abdul Rasheed Ghaffour. 

Global Ammonia, Urea Trade Flow At Risk On Strait Of Hormuz Closure -- Rystad Energy

KUALA LUMPUR, March 31 (Bernama) -- Global fertiliser and ammonia trade could be disrupted as the sale of 15 per cent of global ammonia, and 21 per cent of urea -- a high-nitrogen fertiliser -- is tied to West Asian exporters potentially impacted by the closure of the Strait of Hormuz, according to Rystad Energy.

Bursa Malaysia Settles Higher At Midday

KUALA LUMPUR, March 31 (Bernama) -- Bursa Malaysia ended the morning trading session higher in tandem with regional peers amid persistent buying in heavyweight stocks, led by Maybank, CIMB and YTL Power, that continued to lift the barometer index.

Wage-Setting Institutions Must Be Strengthened To Ensure Meaningful Income Growth - BNM

KUALA LUMPUR, March 31 (Bernama) -- Malaysia must strengthen the institutions that shape how wages are set between employers and employees to raise incomes and strengthen purchasing power meaningfully.