AM Best To Participate At 6th ASEAN Insurance Summit In Cambodia

KUALA LUMPUR, Nov 11 (Bernama) -- Global credit rating agency, AM Best will take part in the sixth Association of Southeast Asian Nations (ASEAN) Insurance Summit, scheduled for Nov 25, at the Sokha Convention Center in Siem Reap, Cambodia.

CPO Price Forecast At RM4,350 Per Tonne For 2025, RM4,300 For 2026 -- Apex Securities

KUALA LUMPUR, Nov 11 (Bernama) -- Apex Securities Bhd has maintained the full-year average crude palm oil (CPO) price forecasts at RM4,350 per tonne for 2025 and RM4,300 for 2026.

Ringgit Opens Higher Vs Greenback On Continous Buying Interest

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit continued its momentum to open higher today, buoyed by continuous buying interest in the local note amid a weakened greenback.

Ramssol Enters Indonesia EV Market Through Bike Leasing Partnership

KUALA LUMPUR, Nov 10 (Bernama) -- Ramssol Group Bhd’s indirect subsidiary, PT Rider Gate Indonesia, has signed a cooperation agreement with PT Smoot Motor Indonesia and PT Swap Energi Indonesia to launch an integrated electric vehicle (EV) bike leasing ecosystem in Indonesia.

Ringgit Appreciates To Strongest Level Since October 2024

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit extended its uptrend to close higher against the US dollar today, lifted by improved risk appetite and growing optimism over a possible resolution to the United States’ (US) government shutdown.

Eni, Petronas JV To Launch Eight Upstream Projects In Indonesia, Malaysia

KUALA LUMPUR, Nov 10 (Bernama) -- The newly established NewCo, a joint venture (JV) between Italian energy company, Eni S.p.A and Petronas, is set to launch eight new upstream projects across Indonesia and Malaysia within the next three years as part of a large-scale regional gas development drive.

OMS Energy Bets On AI, Robotics To Lead The Next Oilfield Revolution

KUALA LUMPUR, Nov 10 (Bernama) -- Singapore-based OMS Energy Technologies Inc is seeking global partners in artificial intelligence (AI) and robotics to develop advanced pipeline monitoring solutions aimed at enhancing safety, efficiency and cost-effectiveness in the oil and gas sector.

Ringgit Surges To Touch 4.16 Level At Opening Versus Greenback

KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit continued its strong footing by opening higher and touched the 4.16 level versus greenback on Monday buoyed by continuous buying interest in the local note.

Malaysian Firms Eye Booming Chinese Halal Market Via MIHAS@Shanghai

By Amanina Mohamad Yusof

SHANGHAI, Nov 9 (Bernama) -- Malaysian companies are leveraging the Malaysia International Halal Showcase in Shanghai (MIHAS@Shanghai) to expand into China’s fast-growing halal market, tapping demand from one of the world’s largest Muslim consumer bases.

Zoom: Human Touch Tops Customer Experience For Malaysians, Despite AI Chatbot Efficiency

KUALA LUMPUR, Nov 8 (Bernama) -- While 56 per cent of Malaysia’s artificial intelligence natives (AI natives) believe that chatbots provide the fastest responses -- the highest in the Asia Pacific (APAC), 83 per cent still want the option to speak to a human agent when interactions feel disjointed, said Zoom.

Ringgit Likely To Remain Bullish Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit is expected to remain bullish next week although there could be profit-taking activities due to the recent appreciation, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Ringgit Closes At 4.17 Against US Dollar -- Its Strongest Level This Year

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.