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Ringgit Opens Mostly Higher Against Major Currencies, Slightly Lower Versus Greenback

By Karina Imran

KUALA LUMPUR, May 28 (Bernama) -- The ringgit opened mostly higher against major currencies today but eased slightly against the US dollar as investors stayed cautious over ongoing United States-Iran negotiations.

JS-SEZ To Transform Johor’s Rural Community Into AI, Digitally Literate Workforce

JOHOR BAHRU, May 26 (Bernama) -- The implementation of the Johor-Singapore Special Economic Zone (JS-SEZ) is set to transform the state’s rural landscape by adopting artificial intelligence (AI) technology and a macro-scale digital economy, starting at the grassroots level.

Petronas' Full Ownership Of PRefChem Cements Malaysia's Longer-Term Ambition -- Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, May 26 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to assume full ownership of the Pengerang Integrated Complex’s refining and petrochemical operations from Saudi Aramco could further cement Malaysia’s longer-term ambition of positioning Pengerang as a major regional hub for refining, storage, petrochemicals and trading. 

Gold Futures Ease At Close As Investors Reassess West Asia Risks, Inflation Concerns

KUALA LUMPUR, May 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives declined at the close following recent gains, as investors reevaluate geopolitical risks and inflation concerns related to renewed tensions in West Asia.

Bursa Malaysia Closes Lower Ahead Of Holiday Period

By Danni Haizal Danial Donald

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed lower on Tuesday, as investors squared off positions ahead of the long holiday period amid heightened tensions between the United States and Iran.

CIMB Group Net Profit Falls 2.9 Pct To RM1.91 Bln In 1Q 2026

KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2026 (1Q 2026) fell 2.9 per cent to RM1.91 billion from RM1.97 billion in the same period a year ago.

Bursa Malaysia Lower At Midday On Selling Activities

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia stayed lower at midday, weighed down by persistent selling activities in selected heavyweights, led by utilities, telecommunications and media, as well as consumer products and services sectors. 

ICHAM Unveils Singapore VCC Fund Targeting US Equities

KUALA LUMPUR, May 26 (Bernama) -- ICHAM Pte Ltd, a regional multi-family office and alternative asset manager, has launched a new open-ended Singapore Variable Capital Company (VCC) fund that invests in selected sectors of United States (US) equities and incorporates option-based strategies.

Malaysia's Trade With Major Partners Hits Record RM1.127 Trn In Jan-Apr 2026 - Sim

KUALA LUMPUR, May 26 (Bernama) -- Malaysia’s total trade with its major trading partners reached a record high of RM1.127 trillion from January to April 2026, surpassing the RM1 trillion mark within the first four months of the year.

ITMAX Shares Up On Strong 1Q Performance

KUALA LUMPUR, May 26 (Bernama) -- ITMAX System Bhd’s (ITMAX) shares rose at early trade today after the company reported stronger earnings in the first quarter ended March 31, 2026 (1Q 2026).

IHH  Healthcare Focuses On Technology, Operational Efficiency To Manage Cost

KUALA LUMPUR, May 25 (Bernama) — IHH Healthcare Bhd is leveraging artificial intelligence, operational efficiency and ambulatory care expansion to manage rising medical inflation without heavily passing costs on to patients.

Petronas, Aramco Announce Transfer of Full Ownership of PRefChem To Petronas

KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.