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Ringgit Opens Higher, Tracks US Jobs Revision And Rate Cut Hopes

KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, building on gains as weaker United States jobs data fuelled expectations of interest rate cuts.

Oil Prices Jump On News Of Doha Attack

KUALA LUMPUR, Sept 10 (Bernama) -- Oil prices jumped following news that Doha, the capital of Qatar, was attacked by Israel, which claimed responsibility for targeting Hamas leaders.

New Customised Incentive Mechanism Set To Support Investments In Malaysia’s Automotive Sector - MITI

KUALA LUMPUR, Sept 9 (Bernama) --  The Ministry of Investment, Trade and Industry (MITI) is finalising the New Customised Incentive Mechanism (NCM), aimed at providing a more transparent and attractive tax and incentive structure to strengthen Malaysia’s automotive industry.

AmBank To Continue Supporting Chinese Banks, Investors To Bring FDI Into Malaysia

KUALA LUMPUR, Sept 9 (Bernama) -- AmBank Group will continue to strengthen its strategic partnerships with Chinese banks such as China Construction Bank (CCB), Industrial and Commercial Bank of China (ICBC) and Bank of China, as well as leading Chinese entities to support the inflow of foreign direct investment (FDI) into Malaysia.

Asteel Group Wins RM10.1 Mln Contract From EC Bina To Install Factory Roof

KUALA LUMPUR, Sept 9 (Bernama) -- Asteel Group Bhd’s 80.36 per cent subsidiary, Asteel Synergy Sdn Bhd, has received a letter of award worth RM10.1 million from EC Bina Sdn Bhd for the supply, delivery and installation of roof finishing for a factory building in Selangor.

BNM’s International Reserves Increase To US$122.7 Bln As At Aug 29

KUALA LUMPUR, Sept 9 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) increased marginally to US$122.7 billion as of Aug 29, 2025, from US$122 billion recorded on Aug 15, 2025.

Bina Puri Inks MoU With Hanil Electric, Eyeing US$50 Mln Plant Project In Sarawak

KUALA LUMPUR, Sept 9 (Bernama) -- Bina Puri Holdings Bhd has signed a memorandum of understanding (MoU) with South Korea’s household appliance manufacturer, Hanil Electric Co Ltd, to develop Hanil’s upcoming US$50 million (RM220 million) manufacturing plant in Sarawak.

13MP Vital Platform For Malaysia In Securing Position As Global Leader For Sustainable Palm Oil

KUALA LUMPUR, Sept 9 (Bernama) -- The 13th Malaysia Plan (13MP) offers a vital platform to accelerate Malaysia’s transition towards a climate-resilient, innovation-driven future, securing the country’s position as a global leader in sustainable palm oil production, says the Malaysian Palm Oil Board (MPOB)

Prudential Appoints Kelvin Ang To Lead Life Business In Malaysia

KUALA LUMPUR, Sept 8 (Bernama) -- Prudential Assurance Malaysia Bhd (PAMB) has appointed Malaysian industry veteran Kelvin Ang as the new chief executive officer (CEO) of its life business in Malaysia.

MIDA Connects Capital With Ideas To Power Malaysia’s Economic Transformation

KUALA LUMPUR, Sept 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has reinforced its pivotal role in advancing Malaysia’s bid to be ASEAN’s hub for innovation, sustainability and advanced industries by linking businesses with investors via its Investment Pitching Day 2025.

Inta Bina Unit Bags Main Building Works Contract From Eco Majestic Worth RM66.52 Mln

KUALA LUMPUR, Sept 8 (Bernama) -- Inta Bina Group Bhd’s wholly owned subsidiary Inta Bina Sdn Bhd (IBSB) has bagged an award from Eco Majestic Development Sdn Bhd for main building works at Hulu Langat, Selangor worth RM66.517 million.

Malaysia Has Over 4,100 EV Charging Points Nationwide -- Fadillah

KUALA LUMPUR, Sept 8 (Bernama) -- Malaysia has at least 4,100 electric vehicle (EV) charging points nationwide to cater to the growing demand for EVs, said Deputy Prime Minister Datuk Seri Fadillah Yusof.