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Ringgit Opens Slightly Higher Against US Dollar Amid US-Iran Negotiations

By Karina Imran

KUALA LUMPUR, May 26 (Bernama) --  The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.

IHH  Healthcare Focuses On Technology, Operational Efficiency To Manage Cost

KUALA LUMPUR, May 25 (Bernama) — IHH Healthcare Bhd is leveraging artificial intelligence, operational efficiency and ambulatory care expansion to manage rising medical inflation without heavily passing costs on to patients.

Bank Indonesia sees MSMEs Supported Despite Higher Bi-rate

JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.

Gold Futures Close Higher Tracking Gains In COMEX, LBMA Prices

KUALA LUMPUR, May 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in US COMEX and the London Bullion Market Association (LBMA) gold benchmarks amid a weakening US dollar and improved investor sentiment on hopes of easing geopolitical tensions between the United States and Iran.

Ringgit Closes Higher Against US Dollar On Hopes Of US-Iran Deal

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 25 (Bernama) -- The ringgit closed higher against the US dollar on Monday, driven by hopes of a resolution to the war between the United States (US) and Iran although conditions remained highly fluid.

Bursa Malaysia Ends Lower On Profit-taking

By Danni Haizal Danial Donald

KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia closed lower on Monday as investors turned cautious, with profit-taking emerging in selected heavyweights, amid rising global bond yields and ahead of the US inflation release.

Kuala Lumpur Rubber Market Ends Mixed, Tracking Regional Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 25 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday while tracking the performance of regional rubber futures markets, a dealer said.

IJM Land, Southern Catalyst Formalise JV For RM1.96 Bln Industrial Park In Sedenak

KUALA LUMPUR, May 25 (Bernama) -- IJM Land Bhd has formalised a joint venture (JV) with Southern Catalyst Sdn Bhd to develop a RM1.96 billion industrial park in Sedenak, Johor, within the Johor-Singapore Special Economic Zone (JS-SEZ).

Singapore Maintains 2026 GDP Growth Forecast At 2.0-4.0 Pct

By Anas Abu Hassan

SINGAPORE, May 25 (Bernama) -- Singapore’s economy is expected to maintain growth of 2.0 per cent to 4.0 per cent in 2026 despite rising downside risks of the West Asia conflict, according to the Ministry of Trade and Industry (MTI).

Ringgit Opens Higher Against Greenback On Improved Sentiment

By Karina Imran

KUALA LUMPUR, May 25 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by improved market sentiment amid investor optimism over possible progress in negotiations between the United States and Iran.

Malaysia Well-placed To Lead ASEAN Power Grid Development - TNB

By Wan Muhammad Aslah Wan Razali

KUALA LUMPUR, May 23 (Bernama) -- Malaysia has a strong foundation to lead the development of smart and sustainable energy in the ASEAN region, particularly through efforts to realise the ASEAN Power Grid (APG), said Malaysia’s Tenaga Nasional Bhd (National Energy Limited) senior chief strategy, regulatory and sustainability officer Muhamad Nazri Pazil.

Ringgit Set To Trade Between 3.95 And 3.97 Against US Dollar Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, May 23 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.95 and RM3.97 next week against the US dollar amid a shortened trading week.