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Ringgit Rebounds Against US Dollar On Improved Risk Appetite

By Zufazlin Baharuddin

KUALA LUMPUR, May 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar today, supported by improved risk appetite for the local note despite prevailing global uncertainties.

Global Business On Edge: Uncertainty Now Bigger Threat Than Red Tape

KUALA LUMPUR, May 28 (Bernama) -- The 2025 Global Business Complexity Index (GBCI) revealed that while regulatory complexity remains a challenge in certain regions, it is growing geopolitical and economic uncertainty that now poses the greatest threat to international business operations.

Sarawak Timber Industry Exports Reach RM625 Mln In First Quarter Of 2025

KUCHING, May 28 (Bernama) -- The timber industry continues to be one of the main contributors to Sarawak's economy, with the sector's export value reaching RM625 million in the first quarter of this year, said Sarawak Deputy Premier, Datuk Amar Awang Tengah Ali Hasan.

TM Delivers RM1.5 Bln To Stakeholders, Accelerates Long-Term Growth

KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) delivered approximately RM1.5 billion in value to stakeholders through dividends and socio-economic initiatives in the financial year 2024, reaffirming its commitment to long-term value creation and national development.

UDA Offers 422 Property Units To Strengthen Southern Market Presence

KUALA LUMPUR, May 24 (Bernama) -- Leading property developer and asset manager UDA Holdings Bhd (UDA) is reinforcing its presence in Johor with the launch of 422 property units, targeting a broad demographic in a move to boost urban homeownership.

Synology Targets Stronger Brand Presence Among Malaysian Businesses

From Rosemarie Khoo Mohd Sani

TAIPEI, May 21 (Bernama) -- Synology Inc, a Taiwan-based data management technology provider, is ramping up efforts to increase its brand presence among businesses in Malaysia, which currently account for nearly 70 per cent of its overall customer base.

MIDA Introduces Two Programmes At SEMICON SEA 2025 To Boost International Partnerships

KUALA LUMPUR, May 21 (Bernama) -- Malaysia Investment Development Authority (MIDA) introduced two strategic programmes at SEMICON South East Asia (SEA) 2025 to accelerate industry growth and foster international partnerships.

CT Group Showcases Advanced Tech At National Assembly Exhibition

KUALA LUMPUR, May 20 (Bernama) -- CT Group was among a select group of private enterprises invited to participate in a special exhibition held at the National Assembly Building, Hanoi, aimed at implementing Vietnam’s Resolution No. 68-NQ/TW on private economic development.

ASEAN Nations Taking Steps To Establish Monetary Fund, Strengthen Regional Financial Security - Anwar

From Sharifah Hunaini Syed Ismail

KAZAN, (TATARSTAN), May 17 (Bernama) -- ASEAN countries are taking steps to revive the idea of creating their own monetary fund, said Prime Minister Datuk Seri Anwar Ibrahim.

reNIKOLA Inks MoU With Sumitomo To Develop Bioenergy Projects In Malaysia, Indonesia

KUALA LUMPUR, May 13 (Bernama) -- Renewable energy company reNIKOLA Holdings Sdn Bhd has signed a memorandum of understanding (MoU) with Japanese trading house Sumitomo Corporation to jointly develop large-scale bioenergy projects in Malaysia and Indonesia.

Govt Will Consider Current Economic Conditions For Any Targeted RON95 Subsidy Implementation

KUALA LUMPUR, May 13 (Bernama) -- The government will take into account the current economic situation when deciding on the implementation of the RON95 targeted subsidy, said Deputy Economy Minister Datuk Hanifah Hajar Taib.

LREIT Posts Strong Q3 Rental Reversions

KUALA LUMPUR, May 9 (Bernama) -- Lendlease Global Commercial REIT (LREIT) reported a positive rental reversion of 10.4 per cent for its retail portfolio in the third quarter (Q3) ended March 31, 2025, with a healthy tenant retention rate of 87.9 per cent by net lettable area (NLA), despite a softer retail climate.