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Targeted Assistance Available For Businesses Hit By Rising Costs - BNM

By M. Saraswathi & Karina Imran

KUALA LUMPUR, May 8 (Bernama) -- Help is readily available for businesses affected by the conflict in West Asia, especially small and medium enterprises (SMEs), said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysia Eyes Leadership In Advanced Packaging As AI Reshapes Global Chip Industry

KUALA LUMPUR, May 8 (Bernama) -- Malaysia is positioning itself to move beyond its long-standing leadership in assembly, testing and packaging towards leadership in advanced packaging as artificial intelligence (AI) reshapes the global semiconductor industry.

ASEAN Targets Intra-regional Trade To Reach 30 Pct By 2030 - Mohamad Hasan

From Linda Khoo

CEBU, May 8 (Bernama) -- ASEAN is committed to strengthening intra-regional trade, including increasing intra-member trade to at least 30 per cent by 2030.

Ringgit Opens Higher Against Major Currencies, Eases Vs Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened higher against most major currencies but eased versus the US dollar as investors remained cautious following renewed escalation in the West Asia conflict, which dimmed hopes for a peace deal between the United States and Iran.

BNM Seen Holding OPR Through 2026 Despite Rising Geopolitical Risks

KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.

Crossing Borders: Malaysian Startups Eye Bigger ASEAN Market

By Nik Nurfaqih Nik Wil

JAKARTA, May 7 (Bernama) -- For many Malaysian startups, expanding beyond domestic borders often comes with familiar challenges -- limited regional networks, unfamiliar regulations and difficulty accessing investors outside Malaysia.

Malaysia Not Selling Oil To ASEAN Members As It Still Imports 400,000 Barrels Daily -- Johari

From Niam Seet Wei

CEBU (Philippines), May 7 (Bernama) -- Malaysia does not sell oil to other ASEAN member states as the country is still importing about 400,000 barrels of crude oil per day, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

ASEAN May Involve Private Sector In Oil Stockpiling Framework -- Johari Ghani

From Niam Seet Wei

CEBU (Philippines) May 7 (Bernama) -- ASEAN may consider bringing in the private sector to help realise the newly-mooted oil stockpiling framework aimed at strengthening the region’s long-term energy security and preparedness.

Gold Futures Extend Gains On Weaker Greenback, US Treasury Yields Decline

By Danni Haizal Danial Donald

KUALA LUMPUR, May 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended gains, closing higher on Thursday, as market sentiment improved following a decline in United States Treasury yields and a weaker US dollar.

Malaysia Positions Carbon Market As Strategic Economic Pillar To Drive Trade Competitiveness - Arthur

KUALA LUMPUR, May 7 (Bernama) -- Malaysia is positioning the carbon market as a critical economic driver to bolster industrial competitiveness and meet its ambitious climate targets under the newly approved National Carbon Market Policy (DPKK).

Agro-Commodity Sector Faces Challenges In Attracting Youth -- Noraini

BANGI, May 7 (Bernama) -- The country's agribusiness sector is facing challenges in attracting the interest and participation of the younger generation in exploring opportunities in the industry, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

KLCI Futures Close Higher

KUALA LUMPUR, May 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Thursday, in line with the steady performance of the cash market.