IEM Takes Dual Action Approach To Address Global Supply Crisis Impact

KUALA LUMPUR, May 10 (Bernama) -- The Institution of Engineers, Malaysia (IEM) has released its Engineering Impact Survey Report to address the impact of the global supply crisis triggered by recent geopolitical developments in the Middle East.

One-stop SME Portal To Be Launched This Month — Steven Sim

BUTTERWORTH, May 9 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) will launch a one-stop portal for small and medium enterprises (SMEs) this month to facilitate access to information related to financing, training and various government support programmes.

CPO Futures Likely To Trade Lower Next Week Amid Falling Crude Oil Prices

KUALA LUMPUR, May 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade lower next week, following a drop in crude oil prices below US$100 per barrel, a trader said.

Ringgit Likely To Trade Within RM3.90–RM3.95 Level Next Week Ahead Of Trump-Xi Meeting

KUALA LUMPUR, May 9 (Bernama) -- The ringgit is expected to trade between RM3.90 and RM3.95 against the US dollar next week ahead of a key meeting between President Donald Trump and President Xi Jinping.

Gold Futures Pare Two-Day Gains To Close Lower

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives pared two-day gains to close lower on Friday as the market remained cautious ahead of the release of the United States jobs report

Parkson Unit Renews Shanghai Tenancy Until Dec 31, 2036

KUALA LUMPUR, May 8 (Bernama) -- Parkson Holdings Bhd’s 54.97 per cent-owned subsidiary Parkson Retail Group Ltd (PRGL) has renewed the tenancy of its Shanghai Hongqiao retail property in China for a further 10 years until Dec 31, 2036.

Petrol, Diesel Supply More Stable Following Govt's Proactive Measures -- PM Anwar

From Niam Seet Wei

CEBU (The Philippines), May 8 (Bernama) -- The government has assured that the nation’s petrol and diesel supply is more stable following the government’s proactive measures, particularly under the management of Petroliam Nasional Bhd (Petronas), said Prime Minister Datuk Seri Anwar Ibrahim.

Not All EVs Will Become Expensive After CBU Duties Return - Sim

BATU KAWAN, May 8 (Bernama) -- Claims that all electric vehicles (EVs) will become more expensive following the reimposition of import duties on completely built-up (CBU) EVs from July are inaccurate, said Deputy Investment, Trade and Industry (MITI) Minister Sim Tze Tzin. 

Ringgit Eases Against Greenback Ahead of US Non-farm Payroll Report Release

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United States non-farm payrolls (NFP) report amid renewed escalation in the West Asia conflict.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst. 

Malaysia Aims To Build Advanced Semiconductor Packaging In Two Years

BATU KAWAN, May 8 (Bernama) -- Malaysia aims to develop domestic capability in advanced semiconductor packaging within two years through the establishment of the Malaysia Advanced Packaging Consortium (MAPC).

Wolters Kluwer Enables Segway-Ninebot Financial Transformation  

KUALA LUMPUR, May 8 (Bernama) -- Wolters Kluwer, a global leader in professional information, software solutions and services, announced the successful completion and full go‑live of a two-phase platform for Segway-Ninebot, a global leader in electric personal mobility.