Indonesia Prepares 15,000 AI Talents, Highlights Digital Push At GrabX

JAKARTA, April 8 (Bernama) -- Indonesia’s push to position digitalisation and artificial intelligence (AI) as new engines of growth is set to support the expansion of platforms such as Grab, with the government preparing 15,000 AI-ready talents this year.

Ringgit Rebounds To 3.99 Against US Dollar On Improved Market Sentiment

KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to the 3.99 level against the US dollar, supported by improved market sentiment after US President Donald Trump announced a two-week pause in military action against Iran following talks with Pakistani leaders.

Ringgit Closes Nearly Flat Versus Greenback Amid Ongoing West Asia Conflict

KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.

Labuan Port Strengthens Role As Oil And Gas Support Hub

LABUAN, April 7 (Bernama) -- Labuan Port continues to play a strategic role as an industrial support hub, particularly for the oil and gas sector, with about 70 per cent of its cargo activities linked to the industry.

Ringgit Flat Against Us Dollar, Firmer Versus Major Currencies

KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened little changed against the US dollar but strengthened against major currencies on Tuesday, as market sentiment remained cautious ahead of US President Donald Trump’s deadline on the reopening of the Strait of Hormuz.

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.

Labuan Holds Workshop To Drive Action-oriented Solutions, Boost Economic Competitiveness

LABUAN, April 6 (Bernama) -- Addressing regulatory gaps, infrastructure constraints, and talent shortages is critical to unlocking Labuan’s economic potential, with stakeholders calling for stronger coordination and faster policy execution to drive sustainable growth.

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 Opens Higher Against Greenback, Major Currencies

KUALA LUMPUR, April 6 (Bernama) -- The ringgit opened firmer against the US dollar and other major currencies on Monday, supported by a softer greenback amid lingering geopolitical tensions in West Asia.

Ling Leaves Lasting Legacy On Malaysia's Transport Infra Including Seaports, Logistics

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 4 (Bernama) -- The late Tun Dr Ling Liong Sik played a defining role in strengthening Malaysia's transport infrastructure, leaving behind a lasting legacy of seaports, airports, and logistics networks that continue to support the country’s competitiveness, industry players said.

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.

Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).