Hong Kong, New Zealand Among Easiest Business Hubs

KUALA LUMPUR, May 13 (Bernama) -- Hong Kong and New Zealand ranked among the world’s 10 least complex jurisdictions for doing business, supported by stable regulatory environments and strong digital infrastructure, according to TMF Group’s latest Global Business Complexity Index (GBCI).

Proposed OTP Clause Could Provide Protection For Home Buyers, Developers - REHDA

KUALA LUMPUR, May 13 (Bernama) -- The proposed “Option to Purchase” (OTP) clause under the new housing law could provide greater protection for prospective home buyers while helping developers to better gauge genuine market interest and reduce the risk of abandoned projects, said the Real Estate and Housing Developers’ Association (Rehda).

Allianz General Boosts Business Resilience With Tailored Solutions

KUALA LUMPUR, May 12 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd said it was committed to empowering small and medium enterprises (SMEs) with tailored insurance solutions to strengthen resilience and help them adapt to an evolving risk environment amid economic headwinds.

KLCI Futures Open Lower

KUALA LUMPUR, May 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives today.

Bursa Malaysia Opens Slightly Lower Amid Lack Of Fresh Catalysts

KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia opened marginally lower in early trading today amid an absence of fresh market catalysts, with profit-taking expected today.

Ringgit Opens Higher Against Greenback And Major Currencies

KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar today, ahead of Malaysia’s first quarter (1Q) gross domestic product (GDP) announcement on Friday.

Johor Entrepreneurs Urged To Grab Global Supply Chain ​​Opportunities Via JS-SEZ

JOHOR BAHRU, May 12 (Bernama) -- Micro, small and medium enterprises (MSMEs) in Johor are urged to take advantage of development and seize opportunities through the Johor-Singapore Special Economic Zone (JS-SEZ) as a key platform to penetrate the global supply chain.

Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.

Negeri Sembilan Poised To Transform Into High-value Manufacturing Hub -- Sim

SEREMBAN, May 12 (Bernama) -- Industrial development in Negeri Sembilan is now entering a new phase as the state is transitioning from an assembly and support hub to a high-value manufacturing hub, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

Bursa Malaysia Rebounds To Close Higher On Bargain Hunting In Blue Chips

KUALA LUMPUR, May 12 (Bernama) -- Bursa Malaysia rebounded to close higher on Tuesday amid selective bargain-hunting in blue-chip stocks after closing lower in the last two trading sessions, analysts said.

Rubber Market Ends Mixed In Tandem With Regional Rubber Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 12 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, in tandem with regional rubber futures and the gains in crude oil prices, a dealer said.

Taiwan Seeks Negotiations To Update 1993 Bilateral Investment Agreement With Malaysia

KUALA LUMPUR, May 12 (Bernama) -- Taiwan has urged the Malaysian government to initiate negotiations to update the Malaysia-Taiwan Bilateral Investment Agreement (BIA) signed in 1993 to reflect today’s evolving global investment landscape.