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Bursa Malaysia Closes Higher On Easing Geopolitical Tensions

KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia closed higher today as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities, said an analyst.

ASEAN Eyes Long-Term Energy Security Solutions, DEFA Signing

From Niam Seet Wei

CEBU (Philippines), May 6 (Bernama) -- ASEAN is looking at medium- and long-term solutions to strengthen the region’s energy security and resilience amid global uncertainties, said the Philippine Department of Trade and Industry (DTI) Undersecretary Allan Gepty.

Ringgit Opens Higher Against US Dollar Ahead Of BNM Policy Meeting

KUALA LUMPUR, May 6 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday ahead of Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) meeting tomorrow, where policymakers will assess inflation and growth, key factors shaping the outlook for the Overnight Policy Rate.

Malaysia, Cambodia Deepen Trade, Investment Links Via MCBA-FASMEC Partnership

KUALA LUMPUR, May 5 (Bernama) -- Malaysia and Cambodia are stepping up business cooperation, expanding opportunities across ASEAN and boosting cross-border partnerships, trade and investment.

Ringgit Ends Mostly Firmer Against Major, Regional Currencies Ahead Of MPC Meeting

KUALA LUMPUR, May 5 (Bernama) -- The ringgit ended firmly against most major currencies and regional peers ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting as its decision is expected to play a critical role in setting the market tone going forward.

Gauth Rolls Out Live Tutor AI Feature In Three Southeast Asian Markets

KUALA LUMPUR, May 5 (Bernama) -- Gauth, a leader in artificial intelligence (AI)-powered study assistance, has announced the regional rollout of its Live Tutor feature, with Vietnam, Indonesia and the Philippines among the first markets to debut the service.

Ringgit Steady Against US Dollar Ahead Of MPC Decision

KUALA LUMPUR, May 5 (Bernama) -- The ringgit opened nearly unchanged against the US dollar from yesterday’s close as markets await the latest decision by Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC), scheduled for May 7.

Ringgit Rises As Risk Appetite Returns On Strait Of Hormuz Assurances

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.

LPA, MIMA Ink MoU To Strengthen Maritime Cooperation

By Jailani Hasan

LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.

Labuan Corporation To Focus On Business Ventures To Drive Sustainable Growth

LABUAN, May 4 (Bernama) -- Labuan Corporation (LC) is stepping up efforts to participate directly in business ventures through asset capitalisation, as part of a broader strategy to achieve long-term financial sustainability and reduce reliance on annual government grants.

Ringgit Opens Higher Against US Dollar Ahead Of OPR Announcement

KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.

Ringgit Seen To Trade Within RM3.96–RM3.98 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, May 2 (Bernama) -- The ringgit is expected to trade within a narrow range next week, hovering between RM3.96 and RM3.98 against the US dollar ahead of key United States data.