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Ringgit Firmer Against US Dollar AS Stronger Export Performance Lifts Market Sentiment

By Harizah Hanim Mohamed

KUALA LUMPUR, May 20 (Bernama) -- The ringgit firmed against the US dollar as market sentiment improved on the back of Malaysia’s trade performance, which rose 28.6 per cent year-on-year (y-o-y) to a record RM336.73 billion in April 2026.

MBSB Investment Revises Malaysia's 2026 Export Growth Forecast To 8.8 Pct

KUALA LUMPUR, May 20 (Bernama) -- MBSB Investment Bank Bhd has revised its export growth forecast for Malaysia upward to 8.8 per cent for this year as compared with 4.5 per cent last year, while import growth is projected at 7.5 per cent for the year as compared with the earlier projection of 5.0 per cent.

Bursa Malaysia Closes Lower Amid Weak Global Risk Sentiment

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as weakening global risk sentiment weighed on investor confidence, an economist said.

UDA Launches Sustainability-Driven Residensi Mutiara

JOHOR BAHRU, May 20 (Bernama) -- Property and asset management company UDA Holdings Bhd has launched its latest housing project, Residensi Mutiara, which incorporates sustainable development features.

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.

Bursa Malaysia Stays Lower At Midday In Line With Weaker Regional Performance

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia stayed lower at midday in line with the weaker regional performance.

Bursa Malaysia Opens Lower Tracking Wall Street’s Weaker Performance

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight as bond yields soared over concerns that recent high inflationary data may force the US Federal Reserve to hike rates.

NIF To Support Malaysia’s Long-Term Economic Goals - MIDA

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 19 (Bernama) -- The New Incentive Framework (NIF) reflects a broader shift towards encouraging investments that contribute more meaningfully to Malaysia’s long-term economic priorities, according to Malaysian Investment Development Authority (MIDA).

Bursa Malaysia Ends Marginally Lower As Investors Turn Defensive

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors adopted a more defensive stance amid escalating geopolitical tensions and softer regional risk sentiment. 

Red Sea Global Opens First Joint Venture-Developed Resort At Shura Island

KUALA LUMPUR, May 19 (Bernama) -- Red Sea Global (RSG), the regenerative tourism developer, has reached a major milestone as Four Seasons Resort and Residences Red Sea at Shura Island welcomed its first guests beginning May 20.

Govt Identifies Five Manufacturing Sub-Sectors Most Affected By Global Supply Crisis - Akmal Nasrullah

KUALA LUMPUR, May 19 (Bernama) -- Five manufacturing subsectors were identified as being most affected by the impact of the energy crisis and global supply disruptions, according to Economy Minister Akmal Nasrullah Ahmad Nasir.