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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.

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.

Desatera To Unveil New Business Expansion Plan In June – CEO

BANGI, Jan 29 (Bernama) -- Food and support services company Desatera Sdn Bhd is currently developing a major expansion initiative, and the new business direction should be revealed by June this year, said chief executive officer Datuk Feizal Nor Nurbi.

Ringgit Retreats Against US Dollar After Fed Holds Rates

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.

WTK Shareholders Approve Stake Acquisition In Three Companies For RM555 Mln

KUALA LUMPUR, Jan 29 (Bernama) -- WTK Holdings Bhd has received unanimous shareholders’ approval to acquire equity interests in three companies from related party WTK Realty Sdn Bhd for RM555 million.

Hydrostor, Baker Hughes Extend Partnership On Energy Storage Technology

KUALA LUMPUR, Jan 29 (Bernama) -- Hydrostor, a global long duration energy storage (LDES) developer and operator, and Baker Hughes, an energy technology company, have announced a strategic technology solutions and equity agreement to advance large-scale energy storage projects.

Bursa Malaysia's Net Profit Falls To RM250.16 Mln In FY2025

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia Bhd recorded a net profit of RM250.16 million for the financial year ended Dec 31, 2025 (FY2025), down from RM310.12 million in the preceding year following a decline in securities trading volume.

Kinergy Advancement Partners Thailand's B.Grimm Power To Develop New Gas Turbine Power Plant

KUALA LUMPUR, Jan 28 (Bernama) -- Kinergy Advancement Bhd has formalised a strategic partnership with Thailand’s B.Grimm Power Public Co Ltd, which will be investing RM41.52 million to acquire a 49 per cent stake in Kinergy’s investment vehicle, Jati Cakerawala Sdn Bhd, for a proposed full-new built gas turbine power plant.

SME Sector Seen As Key In Expanding Malaysia-India Economic Ties

KUALA LUMPUR, Jan 28 (Bernama) -- Small and medium enterprises (SMEs) should be a key focus in efforts to deepen Malaysia-India economic ties, as India offers vast market opportunities for Malaysian businesses seeking to expand overseas, said ASEAN-India Economic Council chairman Datuk Ramesh Kodammal.

Ringgit Ends At Fresh Seven-year High Of 3.95 Vs US Dollar, New Support Seen At 3.8722

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.

Batik Air Malaysia To Add 10 Aircraft This Year, Targets 85 Pct On-time Performance By Mid-year

KUALA LUMPUR, Jan 27 (Bernama) -- Batik Air Malaysia plans to add 10 more aircraft this year, increasing its fleet to 63 planes as the airline accelerates network expansion, improves operational resilience and strengthens connectivity from Subang Airport.

Malaysia's Total Trade To Grow 3-5 Pct In 2026 - Deputy Trade Minister

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s total trade is expected to grow moderately between 3.0 and 5.0 per cent this year amid global external headwinds, said Deputy Minister of Investment, Trade and Industry Sim Tze Tzin.