Ringgit Opens Higher After FOMC's Dovish Tone

KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.  

H2O.ai, Vast Data To Unlock Domain-specific Insights With Agentic AI

KUALA LUMPUR, March 19 (Bernama) -- Leader in agentic artificial intelligence (AI), H2O.ai, and VAST Data, known for its AI-driven data platform, are joining forces to bring generative AI and predictive AI to enterprises managing vast datasets.

Bursa Malaysia Stays Lower At Midday, Bucks Regional Trend

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia bucked the regional trend to end the morning trading session lower, with selling mostly spotted among the heavyweights led by financial services and construction counters.

Foreign Workers' EPF Contribution A Game Changer To Retain Workforce And Hire More Local Talent

By Nur Athirah Mohd Shaharuddin & Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 19 (Bernama) -- Foreign workers' mandatory Employees Provident Fund (EPF) contribution will benefit Malaysia’s economy over the long term as employers will favour hiring more local talent as costs increase.

ABB Eyes More Partnerships With Local Companies For Malaysia's Energy Transition

KUALA LUMPUR, March 18 (Bernama) -- Global technology company ABB Malaysia Sdn Bhd is keen to look for more collaborations with local companies and agencies to support Malaysia's goals in energy transition.

MPRC Calls On OGSE Players To Consider Strategic Partnerships

By Siti Radziah Hamzah

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.  

EVE Energy’s Phase 2 Expansion To Create Over 1,000 Jobs – MIDA

KUALA LUMPUR, March 17 (Bernama) -- EVE Energy Co Ltd’s (EVE Energy) Phase 2 expansion will create over 1,000 jobs, underscoring its commitment to Malaysia’s economic growth, the Malaysian Investment Development Authority (MIDA) said.  

Local Rubber Market Settles Lower In Line With Regional Peers

KUALA LUMPUR, March 17 (Bernama) -- The Malaysian rubber market settled lower on Monday, dragged down by losses in regional rubber futures markets.

US Tariff War Continues To Impact Asian Equities With Net Outflows Of US$6.73 Bln - MIDF

KUALA LUMPUR, March 17 (Bernama) -- Foreign investors maintained a bearish stance on Asian equities, continuing to net sell for the third consecutive week, with a significant outflow totaling US$6.73 billion (US$1=RM4.43), except for the Philippines, while local investors helped Bursa Malaysia to cushion the impact of the broader market outflows.

Bursa Malaysia Likely To Trade Within Narrow Range Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, March 15 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range next week as market participants adopt a cautious stance without resorting to immediate knee-jerk reactions, which should help limit short-term volatility.

Gold Futures Likely To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, March 15 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is expected to trade higher next week.

Global Gold Prices Surge To New High, Lifting Bursa Malaysia's Gold Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, March 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended strongly on Friday, closely tracking the global gold market’s rally as prices soared to a new all-time high of US$2,990,21 an ounce, said an analyst.