MIDA Partners With HLB Islamic To Strengthen SME Entrepreneurs In Northern Region

SUNGAI PETANI, April 27 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Hong Leong Islamic Bank Bhd (HLB Islamic) today organised a special forum to strengthen the ecosystem and access of small and medium enterprise (SME) entrepreneurs in the Northern Region.

Ringgit Closes Higher Against US Dollar On Tech-led Inflows, Easing Geopolitical Risks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 27 (Bernama) -- The ringgit closed higher against the greenback today on improved optimism, as markets saw inflows into semiconductor-related stocks, which benefited Malaysia.

Chery’s iCAUR Targets Europe With Urban Outdoor Vehicles

KUALA LUMPUR, April 27 (Bernama) -- Chery Group announced its vehicle brand iCAUR is preparing to launch in Europe as it promotes its Urban Outdoor mobility concept ahead of its 2026 International Business Summit.

Amcor Opens US$35 Mln Healthcare Packaging Coating Facility In Selangor

KUALA LUMPUR, April 27 (Bernama) -- Global packaging solutions company Amcor has opened an advanced healthcare packaging coating facility in Subang Jaya, Selangor on April 24, representing an investment of over US$35 million (US$1=RM3.96).

Malaysia, Indonesia, Singapore And Thailand Must Resist Attempts To Weaponise Strait Of Melaka

By Harizah Hanim Mohamed

KUALA LUMPUR, April 26 (Bernama) – The commitment by the four littoral states of Malaysia, Indonesia, Singapore and Thailand to resist any attempt to weaponise the Strait of Melaka is now highly critical, as maritime law is being stamped upon and free navigation disrupted, as is happening in the Strait of Hormuz.

Malaysia Well-positioned To Capture Hormuz Diversions, But Efficiency Crucial -- Experts

KUALA LUMPUR, April 26 (Bernama) -- Malaysia is well-positioned to absorb any increase in redirected trade flows through the Strait of Melaka if shippers decide on alternative routes to avoid the conflict-stricken Strait of Hormuz.

EcoWorld Unit Disposes Of Industrial Land In Johor For RM280.8 Mln

KUALA LUMPUR, April 24 (Bernama) -- Eco World Development Group Bhd’s unit, Eco Business Park 6 Sdn Bhd, has sold two parcels of industrial land in Kulai, Iskandar Malaysia, Johor, to KNBDC Malaysia Five Sdn Bhd for RM280.8 million.

Ringgit Ends Higher Vs Most Major Currencies, Flat Against US Dollar

KUALA LUMPUR, April 24 (Bernama) -- The ringgit closed higher against most major currencies on Friday, while remaining stable versus the US dollar.

Stronger Collaboration Key To Boost Malaysia’s OGSE Resilience Amid Global Uncertainty

By Karina Imran

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s energy security continues to be underpinned by a resilient ecosystem involving multiple stakeholders, particularly oil and gas services and equipment (OGSE) players that remain a crucial component of the industry’s value chain.

Bursa Malaysia Ends Slightly Lower In Line With Weaker Regional Peers

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia closed marginally lower in line with the weaker performance of regional peers as investors refrained from taking long positions ahead of the weekend.

Atlas Copco Group Invests RM10 Mln In New Shah Alam Hub

SHAH ALAM, April 24 (Bernama) -- Atlas Copco Group has invested about RM10 million in a new headquarters and integrated facility in Alam Impian here, as part of its expansion in Malaysia and Southeast Asia.

Vietnam’s BMI Ratings Placed Under Review With Negative Implications - AM Best

KUALA LUMPUR, April 24 (Bernama) -- AM Best has placed under review with negative implications the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Bao Minh Insurance Corporation (BMI).