Ringgit Rises To 3.9130 Vs Greenback On Strong Fundamentals, US Fed Holds Rates

KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.

Govt Ensures Targeting Of Subsidies Doesn't Burden The People

KUALA LUMPUR, Jan 28 (Bernama) -- The government will ensure that the targeting of subsidies does not burden the people, thus enabling the government to increase the allocation of targeted aid to the people in an effort to strengthen a more inclusive social protection network.

Strengthening MSME Boosts Cross-Ethnic Collaboration In The Business Ecosystem

KUALA LUMPUR, Jan 28 (Bernama) -- Efforts to establish the micro, small and medium enterprises (MSME) can ensure that cooperation among all ethnic groups involved in an ecosystem or value chain can be maximised, said the Economy Ministry.

Malaysia-France Mining Project Moves Forward, Eyes Downstream Expansion

KUALA LUMPUR, Jan 28 (Bernama) -- The Malaysia–France mining project between Malaco Mining Sdn Bhd and French rare earth refining and recycling specialist Carester has entered the pilot plant phase for mining and refining.

CLMT To Raise Assets Under Management By 20 Pct In Three Years

KUALA LUMPUR, Jan 28 (Bernama) -- CapitaLand Malaysia Trust (CLMT) aims to increase its assets under management by 20 per cent in three years from the current 7.9 per cent under its industrial and logistics segment.

Ringgit Surges For Third Day, Closing At 3.9175 vs US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.

Profit-taking Ends Bursa Malaysia's Five-day Winning Streak

By Karina Imran

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia snapped its five-day winning streak to close lower on Wednesday, as investors took profit following a cumulative gain of 4.25 per cent over the past five sessions, said an analyst. 

VentureTech Invests In Edtech Firm Tymba To Scale Digital Learning Platform, Expand Across ASEAN

KUALA LUMPUR, Jan 28  (Bernama) -- Investment company VentureTech Sdn Bhd has invested in education technology (edtech) firm Tymba Education Group, which specialises in professional accountancy and finance qualifications.

Xsolla Adds JKOPay, Boosts Taiwan Game Payments Coverage

KUALA LUMPUR, Jan 28 (Bernama) -- Xsolla, a global video game commerce company, announced the expansion of its payments solution in Taiwan by integrating JKOPay, the island’s most widely used mobile payment brand.

Ringgit Stages Comeback, Among Asia’s Best Performers, Says World Bank Economist

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.

Fushi Tech To Digitally Transform Shihlin Taiwan Street Snacks

KUALA LUMPUR, Jan 28 (Bernama) -- Fushi Tech, a global provider of integrated artificial intelligence (AI) and digital solutions for merchants, has partnered with Shihlin Taiwan Street Snacks to implement an integrated mobile-first ecosystem covering 43 outlets across Singapore and Malaysia.

ECERDC Shifts To Targeted Development Phase Under EDP 2026-2030

By Siti Noor Afera Abu & Fatin Umairah Abd Hamid

KUALA LUMPUR, Jan 28 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) is now entering a more focused phase of targeted development, with the rollout of the East Coast Development Plan (EDP) 2026-2030, after surpassing its investment and job creation targets under the East Coast Economic Region Master Plan (EMP 2.0).