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Ringgit Opens Higher As US Trade Policy Uncertainty, Fiscal Concerns Weigh On Dollar

KUALA LUMPUR, May 27 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by continued weakness in the greenback amid growing concerns over the United States’ (US) fiscal trajectory and trade policy inconsistencies.

Saudi Arabia Expands Foreign Market Access With Offshore Securities Licence

KUALA LUMPUR, May 26 (Bernama) -- Over the past decade, Saudi Arabia’s Capital Market Authority (CMA) has steadily opened its financial markets to global investors, attracting foreign holdings of nearly 423 billion Saudi riyals by the end of 2024. (100 Saudi riyals = RM112.50)

Sabah's Strategic Ascent: Becoming A Beacon Of Economic Power, Sustainable Growth

By Siti Radziah Hamzah

KUALA LUMPUR, May 25 (Bernama) -- Amid global economic shifts, Sabah is making deliberate, calculated moves to position itself not just as a regional player, but as a formidable force in global trade and sustainability.

Icertis, SAP Deepen Partnership With Contract Intelligence Extension

KUALA LUMPUR, May 23 (Bernama) -- Icertis, a global leader in artificial intelligence (AI)-powered contract intelligence, has announced a significant expansion of its collaboration with SAP by launching SAP Ariba Contract Intelligence by Icertis as a certified SAP Solution Extension.

Gold Futures End Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today as geopolitical nerves ease and global markets regain their footing.

Enra Energy Partners With Italy's Fincantieri To Support Naval Vessel Projects

KUALA LUMPUR, May 22 (Bernama) -- Enra Energy Solutions Sdn Bhd, an indirect 70 per cent-owned subsidiary of Enra Group Bhd, has entered into a technical collaboration agreement (TCA) with Fincantieri S.p.A., a joint stock company incorporated in Italy.

EPF: External Fund Managers Contribute 24 Pct To 2024 Income

KUALA LUMPUR, May 22 (Bernama) -- The Employees Provident Fund’s (EPF) panel of external fund managers contributed a record 24 per cent to the retirement fund’s total income in 2024.

Public Bank Falls In Early Trade

KUALA LUMPUR, May 22 (Bernama) -- Share prices of Public Bank Bhd declined by 2.48 per cent despite recording strong financial performance in the first quarter ended March 31, 2025 (1Q 2025).

PNB Pays Out RM14.5 Bln In Income And Bonus Distribution For FY2024

KUALA LUMPUR, May 19 (Bernama) -- Permodalan Nasional Bhd (PNB) paid out a total of RM14.5 billion in income and bonus distribution to unitholders for its 18 fixed price funds (FP) and variable price funds (VP) for the financial year ended Dec 31, 2024 (FY2024) against RM13.3 billion in the previous year.

SunCon Bags RM260 Mln Contract For Johor Data Centre Project's Final Stage

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) wholly owned subsidiary, Sunway Construction Sdn Bhd, has won a RM260 million data centre project in Johor from K2 Strategic Infrastructure Malaysia Sdn Bhd.

IMM Investment Secures Hamilton Lane Backing In Landmark Asia Secondary Deal

KUALA LUMPUR, May 20 (Bernama) -- IMM Investment, a prominent Korean asset manager, and Hamilton Lane, a global private markets firm, announced the completion of a strategic secondary transaction involving the IMM Infra 8th Private Equity Fund.

Gold Futures End Higher On US Fiscal Concerns

KUALA LUMPUR, May 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by safe-haven demand following a downgrade of the United States (US) credit rating, which reignited concerns over Washington’s fiscal credibility.