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Gold Futures Extend Gains On Weaker Greenback, US Treasury Yields Decline

By Danni Haizal Danial Donald

KUALA LUMPUR, May 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended gains, closing higher on Thursday, as market sentiment improved following a decline in United States Treasury yields and a weaker US dollar.

Agro-Commodity Sector Faces Challenges In Attracting Youth -- Noraini

BANGI, May 7 (Bernama) -- The country's agribusiness sector is facing challenges in attracting the interest and participation of the younger generation in exploring opportunities in the industry, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Ringgit Continues Growth Trajectory After OPR Maintained At 2.75 Pct

KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended its gains today, closing firmer against major currencies and most regional peers following Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.

KLCI Futures Close Higher

KUALA LUMPUR, May 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Thursday, in line with the steady performance of the cash market.

MIDA Pushes Deeper Local Participation In Semiconductor Value Chains

KUALA LUMPUR, May 7 (Bernama) -- Malaysia must continue attracting strategic, high-quality investments while ensuring that local companies capture greater share of the value created by global investors operating in the country, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

Kia Sales Appoints Cycle & Carriage As Dealer Partner In Malaysia

KUALA LUMPUR, May 7 (Bernama) -- Kia Sales Malaysia Sdn Bhd (KSM) has appointed Cycle & Carriage (C&C) as its latest authorised dealer partner, marking its long-term growth strategy and network expansion in Malaysia.

Coronation Square To Generate RM9 Bln Economic Spin-offs, 60,000 Jobs -- Onn Hafiz

JOHOR BAHRU, May 7 (Bernama) -- The Coronation Square integrated development is set to become a primary catalyst for Johor’s structural economic transformation, projected to generate over RM9 billion in economic spin-offs throughout its lifespan.

ASEAN Needs Practical Oil Stockpiling Framework -- Johari Ghani

CEBU (Phillippines), May 7 (Bernama) -- ASEAN needs to work towards a practical framework for oil stockpiling to enhance the region’s long-term energy security and preparedness, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

BNM Sees Malaysia Maintaining Growth Momentum In 1Q 2026 Amid External Risks

KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia (BNM) said Malaysia’s latest economic indicators point towards continued growth momentum in the first quarter of 2026 (1Q 2026), driven by sustained domestic demand and strong export performance.

PUNB Cuts Prosper Grow Financing Profit Rate To Support Entrepreneurs

KUALA LUMPUR, Aug 8 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) has reduced the financing profit rate under its PROSPER GROW scheme to 3.5 per cent per annum from between 5.0 and 6.75 per cent previously to help Bumiputera entrepreneurs cope with rising operating costs. 

MIDA Strengthens Semiconductor Ecosystem Via Talent Development

KUALA LUMPUR, May 7 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is strengthening Malaysia’s semiconductor ecosystem through a strategic focus on talent development, smart manufacturing and supply chain integration in conjunction with SEMICON Southeast Asia 2026.

Media Professionals Should Nurture Market-savvy, Entrepreneurial Skills -- Ashwad Ismail

KUALA LUMPUR, May 7 (Bernama) -- Media practitioners should equip themselves with entrepreneurial skills and a strong understanding of market dynamics, as Malaysia moves towards building a more robust entrepreneurial ecosystem, said Radio Televisyen Malaysia director-general of broadcasting Ashwad Ismail.