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New Labuan Power Plant To Strengthen Energy Security, Boost Investor Confidence - DPM Fadillah

LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Ringgit Hits Fresh 2018 High Of 3.9540 Against US Dollar, Extends Uptrend

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit traded at 3.9540 against the US dollar at the lunch break, marking a fresh high since May 15, 2018, when it last stood at the same level, and extending its run of fresh highs.

Positive Economic Data Strengthen Ringgit – Anwar

KUALA LUMPUR, Jan 27 (Bernama) -- Positive economic data have reinforced the position and strength of the ringgit, Prime Minister Datuk Seri Anwar Ibrahim said.

Labuan Launches New Gas-fired Power Plant To Bolster Energy Security

LABUAN, Jan 27 (Bernama) -- Rancha Power Sdn Bhd today marked a major milestone in Labuan’s energy development with the groundbreaking of a new 120-megawatt (MW) gas-fired power plant, strengthening the island’s electricity capacity and ensuring a stable and reliable power supply.

Ringgit Opens Steady At 3.96 Vs Greenback As US-Japan Intervention Talks Heat Up

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit steadily opened at 3.96 against the US dollar this morning, amid talks of possible currency intervention by the United States and Japanese authorities intensified. 

Negeri Sembilan Has Potential As Major Data, Technology Hub With Construction Of Green Data Centre Campus

SEREMBAN, Jan 26 (Bernama) -- Negeri Sembilan has the potential to emerge as a major data and technology hub through the development of the Nexus Yang Green Data Centre Campus at the NS Semiconductor Valley (NSSV) Industrial Park here.

Sentral REIT Management Appoints Tay Hui Ling As CEO

KUALA LUMPUR, Jan 26 (Bernama) -- Sentral Real Estate Investment Trust (REIT) Management Sdn Bhd (SRM), the manager of Sentral REIT, has appointed Tay Hui Ling as its chief executive officer (CEO), effective immediately, following approval from the Securities Commission.

Ringgit Closes At 3.96 Vs US Dollar For First Time Since 2018

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability.

Bursa Malaysia Hits Fresh High Since Mid-October 2018, CI Up 1.4 Pct

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its upward momentum to close at its highest level in more than seven years, supported by strong buying interest in blue-chip stocks from both local institutional and foreign investors, an analyst said.

Eco-Shop's Net Profit Rose By 15.5 Pct To RM61.89 Mln In 2Q FY2026

KUALA LUMPUR, Jan 26 (Bernama) -- Eco-Shop Marketing Bhd’s net profit rose to RM61.89 million in the second quarter financial year ended Nov 30, 2025 (2Q FY2026) from RM53.60 million, representing an increase of 15.5 per cent year-on-year (y-o-y).

Malaysia Strengthens Leadership In Sustainable Aviation With First SAF Plant In Johor

PASIR GUDANG, Jan 26 (Bernama) -- Malaysia is cementing its leadership in sustainable aviation and energy transition with the launch of the country’s first commercial-scale sustainable aviation fuel (SAF) plant at Tanjung Langsat today.

OCBC Raises 2026 Gold Forecast To US$5,600 Amid Stronger‑than‑expected Momentum

KUALA LUMPUR, Jan 26 (Bernama) -- Gold prices are set for an upward revision, with the forecast raised to US$5,600 per ounce by the end of 2026, up from the previous estimate of US$4,800, reflecting recent developments and stronger‑than‑anticipated persistence rather than a reassessment of the underlying narrative, said OCBC Group Research.