Sarawak Advances Green Energy Initiative With Pilot Hydrogen Export Projects, Global Partnerships

KUCHING, Sept 3 (Bernama) -- Sarawak continues to strengthen its position as a regional green energy leader through pilot hydrogen export projects and strategic partnerships with foreign countries, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Gold Futures Hit Record High On Rate Cut Bets

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed on a record high, breaking above the US$3,500 mark on expectations of a United States (US) interest rate cut and renewed concerns over the Federal Reserve’s independence.

AmBank Economist Forecasts Ringgit At 4.27 Against US Dollar By End-2025

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.

BNM’s International Reserves Rise To US$122 Bln As At Aug 15

KUALA LUMPUR, Aug 22 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$122 billion as of Aug 15, 2025, up from US$121.3 billion recorded on July 31, 2025.

Petronas Targets More LNG Projects In Canada Given Its Large Gas Reserves

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) is very keen to expand its presence in Canada as the country is now one of its major liquefied natural gas (LNG) suppliers, said executive vice president and chief executive officer of upstream business Mohd Jukris Abdul Wahab.

BNM’s International Reserves Rise To US$121.3 Bln as At July 31

KUALA LUMPUR, Aug 7 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves rose to US$121.3 billion (US$1=RM4.218) as at July 31, 2025.

Hibiscus Petroleum Sets 2030 Output Target At 70,000 Boe/day

KUALA LUMPUR, Aug 4 (Bernama) -- Hibiscus Petroleum Bhd is targeting production of 70,000 barrels of oil equivalent per day (boe/day) and 2P reserves of 150 million barrels of oil equivalent (MMboe) by 2030.

AIA Public Takaful Declares Record RM84 Mln Surplus Distribution

KUALA LUMPUR, Aug 4 (Bernama) -- AIA Public Takaful Bhd has declared a record surplus of RM84 million to be distributed to eligible certificate holders for the financial year ended Dec 31, 2024 (FY2024).

BNM: Headline Inflation Down To 1.1 Pct, Core Inflation Unchanged In June 2025

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s headline inflation eased further to 1.1 per cent in June 2025 from 1.2 per cent in May, while core inflation remained unchanged at 1.8 per cent, said Bank Negara Malaysia (BNM).

BNM: Malaysia’s Official Reserve Assets At US$120.61 Bln As Of End-June 2025

KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$120.61 billion (US$1= RM4.23) as of end-June 2025, while other foreign currency assets stood at US$1.21 billion, according to Bank Negara Malaysia (BNM).

Airwallex Secures CMS Licence, Launches Investment Product For Singapore Businesses

KUALA LUMPUR, July 29 (Bernama) -- Airwallex has clinched a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), paving the way for its latest offering, Airwallex Yield, to launch in the city-state.

Gold Futures End Higher Amid Subtle Global Demand Shifts

By Harizah Hanim Mohamed

KUALA LUMPUR, July 18 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives ended higher on Friday, supported by subtle shifts in global demand.