LATEST NEWS   Gamuda Bhd’s revenue increased to RM4.30 billion from RM3.90 billion previously | Federal government approves RM150 million to repair Sarawak River Barrage - PM Anwar | Ringgit eased to 3.9365/9410 versus US dollar from 3.9240/9280 on Thursday | Chief Secretary, PETRA urged to look into comprehensive approach to address floods, water supply in Sarawak - PM Anwar | Sultan of Selangor advises public to remain patient and await official Aidilfitri announcement, ignore speculation - Istana Alam Shah | 

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Ringgit Rises Against Other Currencies, Eases Vs US Dollar At Close

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 13 (Bernama) -- The ringgit ended higher against other major currencies but eased against the US dollar at Friday's close as investors remained cautious amid the escalating conflict in West Asia, which has heightened concerns over oil supply disruptions.

Oil Price Increase Also Poses Challenges To Oil-Producing Countries -- Tengku Zafrul

KUALA LUMPUR, March 13 (Bernama) -- The rise in global oil prices not only puts pressure on oil-importing countries but also impacts oil-producing countries such as Malaysia, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

National Climate Change Bill Unveils MRV System, Basis For Carbon Price Implementation

KUALA LUMPUR, March 13 (Bernama) -- The National Climate Change Bill (RUU PIN) will introduce a monitoring, reporting and verification (MRV) system as the main basis for the implementation of a carbon pricing mechanism and Malaysia's transition towards a low-carbon economy.

Strait of Hormuz: How The Strategic Flashpoint In The West Asia Conflict Is Roiling Global Oil Markets

By Voon Miaw Ping

KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.

Gold May Decline Temporarily As Investors Seek Dollar Liquidity -- OCBC Research

KUALA LUMPUR, March 13 (Bernama) -- Gold prices may decline temporarily as investors sell liquid assets to raise US dollar funding, similar to trends seen during the global financial crisis and the early phase of the COVID-19 shock, according to an analyst.

Bursa Malaysia, Subsidiaries To Close In Conjunction With Hari Raya Aidilfitri

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia and its subsidiaries will be closed on Friday and Saturday (March 20 and March 21) in conjunction with the Hari Raya Aidilfitri public holiday, subject to the official announcement by the Keeper of the Rulers’ Seal.

KL Rubber Market Ends Mixed Amid Weaker Global EV Sales, Regional Peers

By Danni Haizal Danial Donald

KUALA LUMPUR, March 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday amid a downtrend in its regional peers and declining global sales of electric vehicles (EVs), said a dealer.

Malaysia In Stronger Position Thanks To Net Energy Exporter Status, Subsidy Reforms

KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.

Bursa Malaysia Slips Below 1,700 Level At Close As Global Uncertainties Weigh On Equities

KUALA LUMPUR, March 13 (Bernama) --  Bursa Malaysia ended lower on Friday, slipping below the key 1,700 psychological level as geopolitical headlines continued to drive market sentiment, said an analyst.

Rakuten Trade Forecasts FBM KLCI At 1,800 In 2026 Amid Global Uncertainty

KUALA LUMPUR, March 13 (Bernama) -- Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging uncertainty.

MRANTI Park Drives Innovation Linking Research And Industry

KUALA LUMPUR, March 13 (Bernama) -- The Malaysian Research Accelerator for Technology and Innovation (MRANTI) is advancing a mission-driven approach that connects research, technology development and industry deployment through MRANTI Park.

ALMAL Real Estate Development Appoints Wyndham For Bali Nusa Dua Project

KUALA LUMPUR, March 13 (Bernama) -- ALMAL Real Estate Development announced the appointment of Wyndham Hotels & Resorts for The One by ALMAL Bali Nusa Dua, a Registry Collection Hotel, a luxury hospitality destination planned for the prestigious resort enclave of Nusa Dua, Bali.