LATEST NEWS    ASEAN has taken steps to reform on how it trades and it has begun by using local currencies - PM Anwar | PM Anwar calls for an increase in intra-BRICS trade, which accounts for approximately 40 per cent of the world economy | PM Anwar laments unilateral actions of tariffs and protectionism | PM Anwar arrives at Pier Maua, Rio de Janeiro, to speak at the BRICS Business Forum, held in conjunction with the BRICS Leaders’ Summit | Prime Minister Anwar arrives in Rio de Janeiro on Saturday to attend the 17th BRICS Leaders’ Summit hosted by Brazil | ASEAN has taken steps to reform on how it trades and it has begun by using local currencies - PM Anwar | PM Anwar calls for an increase in intra-BRICS trade, which accounts for approximately 40 per cent of the world economy | PM Anwar laments unilateral actions of tariffs and protectionism | PM Anwar arrives at Pier Maua, Rio de Janeiro, to speak at the BRICS Business Forum, held in conjunction with the BRICS Leaders’ Summit | Prime Minister Anwar arrives in Rio de Janeiro on Saturday to attend the 17th BRICS Leaders’ Summit hosted by Brazil |

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Ringgit Higher Against US Dollar On US Trade Talks Optimism

KUALA LUMPUR, May 9 (Bernama) -- The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.

Ingredion Boosts Forecast As Profit Climbs, Sales Slip

KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)

Govt May Revise GDP Forecast After US Tariff Talks - PM Anwar

KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government is considering revising the gross domestic product (GDP) growth forecast set in Budget 2025 after gaining more clarity from Malaysia's negotiations with the United States (US) on the tariffs.

xSuite Asia To Host 2025 User Conference In Singapore On May 29 

KUALA LUMPUR, May 2 (Bernama) -- xSuite Asia will hold its 2025 User Conference on May 29 in Singapore, offering information technology (IT) and finance professionals an in-depth look at future-ready technologies including artificial intelligence (AI), invoice processing, SAP S/4HANA, cloud computing and SAP Clean Core strategies.

China’s Durian Imports From Malaysia To Rise 15-20 Pct In 2025 On Strong Demand - MayCham

From Kisho Kumari Sucedaram

BEIJING, May 2 (Bernama) -- The volume of China’s durian imports from Malaysia is expected to increase by between 15 and 20 per cent this year, driven by sustained consumer demand despite recent weather-related challenges in Malaysia, according to the Malaysia Chamber of Commerce and Industry in China (MayCham). 

Muted Start For Bursa Despite Wall Street Rally

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia opened lower on Friday, as investors returned from the holiday with slightly muted appetite, shrugging off overnight gains on Wall Street fuelled by strong earnings from Microsoft and Meta.

MDV Powers Malaysia’s Tech Innovation With More Than RM13 Bln Financing, Drives Green, Digital Future

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Malaysia Debt Ventures Bhd (MDV) has emerged as a key enabler of the nation’s innovation and digital transformation agenda, with more than RM13 billion channelled into over 1,000 high-impact, technology-driven projects.

Bursa Malaysia Opens Higher In Line With Wall Street's Upbeat Performance

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia opened higher today, following Wall Street’s upbeat performance driven by falling US Treasury yields and the White House’s easing tariff rhetoric, including a planned rollback of 25 per cent car-related tariffs.

Analysts Positive On F&N's Outlook Despite Lower 2Q FY2025 Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Analysts remained positive on Fraser & Neave Holdings Bhd’s  (F&N) outlook despite the company reporting a lower net profit for the second quarter ended March 31, 2025 (2Q FY2025).

Nestle Shares Soar Despite Reporting Lower 1Q Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.

Tower’s Credit Ratings Affirmed By AM Best

KUALA LUMPUR, April 29 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of "a-" (Excellent) of New Zealand’s Tower Limited (Tower), with the outlook for both credit ratings (ratings) assessed as stable.