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.

Luxchem Buys Five Industrial Lands In Klang For RM45.6 Mln

KUALA LUMPUR, July 15 (Bernama) -- Luxchem Corporation Bhd, via its wholly-owned subsidiary Luxchem Trading Sdn Bhd (LTSB), has signed agreements to acquire five leasehold industrial plots in Mukim Kapar, Klang, for RM45.6 million.

Brisk Ringgit Transactions Ensure Malaysian Currency Maintains High Global Standing

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 13 (Bernama) -- Malaysia’s brisk ringgit-denominated transactions will continue to entrench the local currency as among the top 20 currencies globally, a top wealth management company official said today.

Gold Shines As Safe Haven Amid Global Uncertainty - Malaysia Gold Association

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 11 (Bernama) -- Global demand for gold bars as a secure investment is on the rise, particularly among central banks and high-net-worth individuals, according to the Malaysia Gold Association.

Bank Negara's International Reserves Rise To US$120.6 Bln

KUALA LUMPUR, July 7 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$120.6 billion (US$1=RM4.20) as of June 30, 2025, up from US$119.9 billion recorded on June 13, 2025.

Fiscal Consolidation Pays Off For Malaysia; US Dollar Seen On Weaker Path

By Harizah Hanim Mohamed

KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.

Malaysia, Italy To Deepen Economic Ties With Focus On Energy Transition

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Malaysia and Italy have agreed to enhance their long-standing economic ties, with a focus on energy transition that has also attracted interest from Japan and Indonesia.

BNM: Malaysia’s Official Reserves Assets At US$119.59 Bln As Of End-May 2025

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$119.59 billion (US$1= RM4.21) as of end-May 2025, while other foreign currency assets stood at US$955.2 million, according to Bank Negara Malaysia (BNM).

Malaysia Has Buffers To Weather Capital Outflows -- Abdul Wahid

By Karina Imran

KUALA LUMPUR, June 25 (Bernama) -- Malaysia has adequate buffers to weather volatility, including capital outflows, triggered by global interest rate hikes, said International Centre for Education for Islamic Finance (INCEIF) University Professor of Practice Tan Sri Abdul Wahid Omar. 

SD Guthrie, MBINS To Develop Port Dickson Free Zone

SEREMBAN, June 24 (Bernama) -- SD Guthrie Bhd (SD Guthrie) and Menteri Besar Incorporated Negeri Sembilan (MBINS) will develop the Port Dickson Free Zone (PDFZ) in Pasir Panjang, Port Dickson, covering an area of 242.8 hectares (600 acres) with a gross development value (GDV) projected to exceed RM1 billion.

BNM's International Reserves Rise To US$119.9 Bln

KUALA LUMPUR, June 20 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) increased marginally to US$119.9 billion (US$1=RM4.24) as at June 13, 2025, from US$119.60 billion recorded as at May 30, 2025.

Petronas, Italy’s Eni Ink JV Framework To Explore Regional Upstream Collaboration

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Berhad (Petronas) has entered into a joint venture framework agreement (JVFA) with Italian energy company Eni to further discussions and evaluations aimed at creating a regional upstream joint venture (JV) company.