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Ringgit Closes Lower Amid US FED Leadership Speculations

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).

Zabariah Mohd Yusof Appointed Bank Negara Shariah Advisory Council Member

KUALA LUMPUR, Jan 30 (Bernama) -- Bank Negara Malaysia (BNM) has announced the appointment of former Federal Court judge Datuk Zabariah Mohd Yusof as a new member of the Shariah Advisory Council (SAC) for a two-year term, effective Feb 1, 2026.

Bodor Laser Unveils High-Speed Tube Laser Machine, "Extreme Speed" Concept

KUALA LUMPUR, Jan 30 (Bernama) -- Bodor Laser, a global manufacturer of laser cutting solutions, has launched its SK Series High-Speed Tube Laser Cutting Machine, alongside a new "Extreme Speed" concept for tube processing.

JETRO Fosters Innovation Partnerships Between Japanese And ASEAN Enterprises

KUALA LUMPUR, Jan 30 (Bernama) -- Japan’s Economy, Trade and Industry Ministry and the Japan External Trade Organisation (JETRO) have implemented the Japan-ASEAN Co-creation Fast Track Pitch initiative to foster innovation between Japanese and ASEAN enterprises.

Malaysia's Zus Coffee Expands Into Thailand, Eyes 50 Outlets By 2026

BANGKOK, Jan 30 (Bernama) -- Malaysian coffee chain Zus Coffee plans to open 50 outlets in Thailand in 2026, following its official debut in the Kingdom on Friday.

Smart Communications Appoints Heidi Johnson As Chief Product And Technology Officer

KUALA LUMPUR, Jan 30 (Bernama) -- Smart Communications, a technology company focused on helping highly regulated organisations engage in more meaningful customer conversations, has appointed Heidi Johnson as its Chief Product and Technology Officer, effective Jan 28.

Malakoff Secures Extension For 2,082MW Gas Power Portfolio

KUALA LUMPUR, Jan 30 (Bernama) -- Malakoff Corporation Bhd said three of its gas power plants with an aggregate capacity of 2,082 megawatt (MW) have been selected for an extension of their operations until Dec 31, 2029, following a notification from the Energy Commission.

Wasco Recognised For Sustainable Finance Leadership At Forward Faster Sustainability Awards 2026

KUALA LUMPUR, Jan 30 (Bernama) -- Prominent energy solutions provider Wasco Bhd has won the Sustainable Finance and Investment category at the Forward Faster Sustainability Awards (FFSA) 2026, highlighting the group’s leadership in embedding sustainability into its financial strategy.

BNM: Malaysia’s Official Reserve Assets At US$125.53 Bln As At End-December 2025

KUALA LUMPUR, Jan 30 (Bernama) -- Malaysia's official reserve assets amounted to US$125.53 billion, while other foreign currency assets stood at US$266.1 million as at end-December 2025.

Petronas Activity Outlook (2026-2028) Neutral About Upstream Activities - Kenanga IB

KUALA LUMPUR, Jan 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) said the recently released Petronas Activity Outlook (2026-2028) is largely neutral about the upstream services sector due to ageing vessels and rig supply in the local market.

Ringgit Rebounds To 3.9190 Vs Greenback On US Uncertainties

KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.

RM9.5 Mln In Rubber Production Incentives Distributed To 94,677 Smallholders From Jan-Nov 2025

KUALA LUMPUR, Jan 29 (Bernama) -- A total of 94,677 smallholders benefited from the Rubber Production Incentive (IPG), receiving RM9.50 million in payments between January and November 2025, the Ministry of Plantation and Commodities (KPK) said.