LATEST NEWS   At 6 pm, the ringgit was almost flat versus the greenback at 4.0275/0320, compared with 4.0245/0320 at Monday’s close. | Global energy crisis also affects supply of medicines and medical devices - Akmal Nasrullah | National Economic Action Council looking into fuel diversification, strengthening trade ties and securing production inputs — Akmal Nasrullah | The govt views seriously the current development in West Asia and its impact on the economy -- Akmal Nasrullah | Global energy crisis: Special access pathway implemented, ensuring access to critical health needs - Akmal Nasrullah | 

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West Asia Crisis: Fuel Cost Spike 'Neutral' For Malaysia's Utility Players - Kenanga IB

KUALA LUMPUR, April 7 (Bernama) -- The recent spike in fuel costs due to the West Asia crisis is expected to be “neutral” for most utility players, given the established fuel-cost pass-through mechanisms, according to Kenanga Investment Bank Bhd (Kenanga IB).

Sunway Takeover Offer For IJM Lapses After Low Acceptances

KUALA LUMPUR, April 7 (Bernama) -- Sunway Bhd expressed appreciation to stakeholders after its conditional voluntary takeover offer for IJM Corporation Bhd lapsed, having failed to secure the required level of acceptances.

MIGHT, PNSB Ink MoC To Drive Selangor High-Tech Industry Forward

SHAH ALAM, April 6 (Bernama) -- The Malaysian Industry‑Government Group for High Technology (MIGHT) and Permodalan Negeri Selangor Berhad (PNSB) today inked a Memorandum of Collaboration (MoC) to further accelerate high‑tech industry development and attract strategic investments to Selangor.

CPO Futures Slip On Cautious Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower due to cautious sentiment as investors await upcoming palm oil production outlook data from the Malaysian Palm Oil Association.

Weststar Unaffected By West Asia Crisis After Exiting Region

KUALA LUMPUR, April 6 (Bernama) -- Weststar Group is not affected by the West Asia crisis, having exited its offshore transportation operations in the region since late last year.

Ringgit Advances To End Higher Vs US Dollar On West Asia Ceasefire Hopes

By Abdul Hamid A Rahman

KUALA LUMPUR, April 6 (Bernama) -- The ringgit closed marginally higher against the US dollar today as optimism over a potential West Asia ceasefire improved risk appetite.

AirAsia Holds Off On Fuel Hedging Amid Price Surge, Eyes Demand Upside

KUALA LUMPUR, April 6 (Bernama) -- AirAsia has not engaged in fuel hedging despite plans to do so, as rising oil prices and financial constraints hinder the airline’s ability to secure costs.

Malaysia Only Market To Record Net Foreign Inflows At RM98.5 Mln - MBSB

KUALA LUMPUR, April 6 (Bernama) -- Net selling activities were broad-based among the eight Asian countries MBSB Investment Bank Bhd monitors, with Malaysia being the only market to receive net foreign inflows.

Ringgit Set For Cautious Week Versus US Dollar Amid West Asia Conflict

By Harizah Hanim Mohamed

KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.

Honda Suppliers Club Supports MITI’s Development-Driven EV Policy

KUALA LUMPUR, April 3 (Bernama) -- The measures taken by the Ministry of Investment, Trade and Industry (MITI) regarding BYD’s proposed investment underscore a calibrated approach to balancing foreign direct investment in the electric vehicle (EV) manufacturing sector with national interests.

Ringgit Revisits 4.02 Level Against US Dollar On Easing Energy Supply Concerns

KUALA LUMPUR, April 3 (Bernama) -- The ringgit rebounded to the 4.02 level against the US dollar at the close today, as the Iran-Oman energy transit talks eased concerns over supply disruptions.

Malaysian Youths Redefining Work And Enterprise In Digital Age - Economy Minister

KUALA LUMPUR, April 3 (Bernama) -- Malaysian youths are redefining what work and enterprise can look like in the digital age through content creation, livestreaming, affiliate marketing and digital entrepreneurship on TikTok and TikTok Shop.