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Ringgit Opens Higher Against US Dollar Ahead Of US-Iran Ceasefire Expiry

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 21 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as market participants are likely to focus on negotiations between the United States and Iran, with the two-week ceasefire, which commenced on April 7, set to expire on Wednesday.

Strengthen Energy, Economic Strategy Amid Global Uncertainty, ASEAN Told

BANGI, April 20 (Bernama) -- ASEAN must urgently strengthen regional coordination and craft a cohesive strategy on energy security and economic resilience in response to escalating geopolitical tensions and supply chain disruptions, said Universiti Kebangsaan Malaysia Vice-Chancellor Prof Datuk Dr Sufian Jusoh.

UOB Facilitates Over RM18 Bln In FDI Into JS-SEZ Since 2024

JOHOR BAHRU, April 20 (Bernama) -- United Overseas Bank (UOB) has facilitated over RM18 billion in foreign direct investment (FDI) into the Johor-Singapore Special Economic Zone (JS-SEZ) since 2024.

West Asia Crisis A Reminder For ASEAN To Strengthen Energy Security -- Onn Hafiz

JOHOR BAHRU, April 20 (Bernama) -- The West Asian crisis is a reminder that ASEAN nations, particularly Malaysia, need to strengthen and diversify energy security and cooperation, as well as trade and supply chains.

Malaysia's Trade Expands 10.4 Pct To RM789.85 Bln In 1Q 2026 Despite Global Uncertainties - MITI

KUALA LUMPUR, April 20 (Bernama) -- Malaysia’s trade remained on an expansionary path in the first quarter (1Q) of 2026, expanding by 10.4 per cent to RM789.85 billion versus the same period in 2025, despite ongoing global uncertainties, said the Ministry of Investment, Trade and Industry (MITI).

Chery’s iCAUR V23 Leads Southeast Asia NEV Boxy SUV Segment Sales

KUALA LUMPUR, April 20 (Bernama) -- Chery Group’s new energy strategic brand, iCAUR, has reported strong global performance for its V23 model, which continues to lead the Southeast Asian new energy boxy sport utility vehicle (SUV) segment in sales.

AMRO Warns Of Inflation Risks, Calls For Stronger ASEAN Economic Integration

BANGI, April 20 (Bernama) -- ASEAN needs to deepen regional integration and strengthen intra-regional investment to enhance its economic resilience amid growing global uncertainties, including geopolitical tensions and supply chain disruptions, according to ASEAN+3 Macroeconomic Research Office (AMRO) Group head and lead economist Allen Ng.

Ringgit Opens Almost Flat Against Greenback As Investors Seek Safe-haven Assets

KUALA LUMPUR, April 20 (Bernama) -- The ringgit opened almost flat against the US dollar on Monday as investors sought shelter in safe-haven assets, with the greenback seen as one of the ways to preserve capital.

Semiconductor Upcycle To Drive Penang's Growth Amid Global Headwinds - Economist

By Farhana Poniman

GEORGE TOWN, April 19 (Bernama) -- Despite rising geopolitical uncertainties, a sustained global semiconductor upcycle is expected to drive Penang’s economic growth through 2026.

Ringgit Likely To Trade Within Narrow Range Next Week

KUALA LUMPUR, April 18 (Bernama) -- The ringgit is likely to trade within a narrow range against the US dollar next week as external drivers remain dominant.

Ringgit Strengthens Against US Dollar On Strong 1Q GDP Estimate

By Zufazlin Baharuddin

KUALA LUMPUR, April 17 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates for the first quarter of 2026 (1Q 2026), said an analyst.

Empire Premium Food Aims For 3-5 Pct Yearly Same Store Growth

KUALA LUMPUR, April 17 (Bernama) -- Food and beverage company Empire Premium Food Bhd aims to achieve three to five per cent increase of same store growth (SSG) every year, with the benchmark set as a key performance indicator (KPI) for outlet managers.