AEC Strategic Plan To Drive Deeper Regional Economic Integration, Strengthen Resilience - Economist

By Karina Imran

KUALA LUMPUR, May 27 (Bernama) -- The ASEAN Economic Community (AEC) Strategic Plan 2026-2030 will drive deeper integration and create prosperity across the Southeast Asian economies, while strengthening the bloc’s resilience against external economic pressures, an economist said today.

ASEAN, GCC And China - A New Power Bloc Of The Global South

From Kisho Kumari Sucedaram

BEIJING, May 27 (Bernama) -- As the global economic uncertainty rages on following the United States’ (US) sweeping tariffs, China sees the inaugural ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur today not merely as a diplomatic gathering but a pivotal moment in the rise of the Global South. 

Saudi Arabia Expands Foreign Market Access With Offshore Securities Licence

KUALA LUMPUR, May 26 (Bernama) -- Over the past decade, Saudi Arabia’s Capital Market Authority (CMA) has steadily opened its financial markets to global investors, attracting foreign holdings of nearly 423 billion Saudi riyals by the end of 2024. (100 Saudi riyals = RM112.50)

Ringgit Strengthens Against Us Dollar Amid Tariff Shock Effects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 26 (Bernama) -- The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst.

Ringgit Ends Higher Against Greenback Amid Continued Concerns Over US Fiscal Policy

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 23 (Bernama) -- The ringgit closed higher against the US dollar and other major and regional currencies on Friday as the greenback remained weak amid continued concerns over US fiscal policy.

Ringgit Opens Firmer Against US Dollar On Weaker US Economic Data

By Danni Haizal Danial Donald

KUALA LUMPUR, May 22 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback depreciated due to weaker United States (US) economic data recorded, an analyst said.

Ringgit Ends Higher Against Greenback On Concerns Over US Fiscal Health

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.

Malaysian Govt Not Involved In Skyvast-Huawei AI Initiative - MITI

KUALA LUMPUR, May 21 (Bernama) -- The recent launch of an artificial intelligence (AI) infrastructure initiative, involving Skyvast Corporation and Huawei Technologies, was not developed, endorsed, or coordinated by the government, says the Ministry of Investment, Trade and Industry (MITI).

Airbus Extends Contract With Mindef On Access To X-Band Satellite Services

LANGKAWI, May 21 (Bernama) -- Airbus Defence and Space (Airbus) has signed a contract with the Ministry of Defence (Mindef) to extend the Malaysian Armed Forces’ (MAF) access to X-band satellite services, reaffirming its longstanding support to Malaysia’s defence communications infrastructure.

MITI To Unveil New Incentives To Boost Malaysia's Semiconductor Industry - Tengku Zafrul

SINGAPORE, May 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is creating targeted incentives aimed at further boosting the growth of the local semiconductor industry, said its Minister, Tengku Datuk Seri Zafrul Abdul Aziz.

Ringgit Opens Higher Against Greenback On Weaker US Economic Outlook, Tariff Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.

Gold Futures End Higher On US Fiscal Concerns

KUALA LUMPUR, May 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by safe-haven demand following a downgrade of the United States (US) credit rating, which reignited concerns over Washington’s fiscal credibility.