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MFA Targets RM600 Mln Potential Investments From Franchise International Malaysia 2026

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Franchise Association (MFA) is targeting an estimated RM600 million in potential investment value from the Franchise International Malaysia (FIM) 2026 exhibition, up from RM424 million recorded last year.

TNB, PKNS Collaborate Via TNEC And PFMI To Develop, Operate District Cooling System In Shah Alam

KUALA LUMPUR, Feb 13 (Bernama) -- Tenaga Nasional Bhd (TNB) and Perbadanan Kemajuan Negeri Selangor (PKNS), through their subsidiaries TNB Engineering Corporation Sdn Bhd (TNEC) and PKNS FM Integrated Sdn Bhd (PFMI), have recently formalised a strategic collaboration to develop and operate a District Cooling System in Section 14, Shah Alam, Selangor.

Ringgit Opens Firmer On Weaker US Dollar, 4Q GDP Optimism

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, hovering near its strongest level in almost eight years, as persistent weakness in the greenback and improving domestic economic prospects lifted sentiment towards the local currency.

CPO Futures Close Lower On Stronger Ringgit, Concerns Over Weak Demand

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Thursday, weighed down by concerns that a stronger ringgit is dampening demand.

Ringgit Seen At 3.70 VS Greenback By End-2026 - MUFG

KUALA LUMPUR, Feb 12 (Bernama) -- MUFG Bank Ltd expects the ringgit to strengthen toward 3.70 against the US dollar by end-2026, underpinned by a more durable appreciation cycle driven by structural fundamentals.

Petronas Secures Oman’s Block 18 For Oil And Gas Exploration

KUALA LUMPUR, Feb 12 (Bernama)-- Petroliam Nasional Bhd (Petronas)’s wholly owned subsidiary, PC Oman Ventures Ltd (PCOVL), has signed a concession agreement with the Oman government and OQ Exploration and Production Batinah Offshore LLC (OQEP) as its partner for the exploration of oil and gas in Block 18.  

LGM Targets Rehabilitation Of 4,137 Hectares Of Abandoned Plantations This Year, 2,750 Hectares In 2027 -- KPK

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Rubber Board (LGM) is targeting the rehabilitation of 4,137 hectares of abandoned plantations this year and 2,750 hectares in 2027, involving smallholder farms and private estates nationwide, said the Ministry of Plantation and Commodities (KPK).

Singapore Unveils Budget 2026 To Drive Refreshed Economic Strategy

SINGAPORE, Feb 12 (Bernama) -- Singapore Prime Minister Lawrence Wong today presented Budget Statement 2026, focusing on advancing the nation’s refreshed economic strategy.

Gold Futures End Higher

KUALA LUMPUR, Feb 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended gains to close higher on Thursday, mirroring strength in the US COMEX market.

Govt Optimistic of Encouraging Economic Performance In 4Q 2025 - Amir Hamzah

KUALA LUMPUR, Feb 12 (Bernama) -- The government is optimistic of Malaysia’s ability to achieve encouraging economic performance in the fourth quarter of 2025 (4Q 2025) based on the current economic vibrancy, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Ringgit Hits Near Eight-year High Of 3.89 Vs US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit climbed to a fresh high of 3.8995 against the US dollar on Thursday, hovering near its strongest level in almost eight years.

Bursa Key Index Falls 0.32 Pct As Profit-taking Weighs On Market

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia finished today’s trading in negative territory, with the key index losing 0.32 per cent, while the broader market saw losers outnumbering gainers amid profit-taking and weak sentiment ahead of the Chinese New Year break next week.