LPA, MIMA Ink MoU To Strengthen Maritime Cooperation

By Jailani Hasan

LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.

Bank Muamalat Launches ASB Smart Education Financing Plan

KUALA LUMPUR, April 4 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) launched the ASB SMART Education plan today, becoming the first financial institution among Amanah Saham Nasional Bhd (ASNB) agents to offer an Amanah Saham Bumiputera (ASB) financing solution specifically tailored towards education.

Global Supply Crisis A Clear Signal For Malaysia To Speed Up Green Energy Shift - Expert

KUALA LUMPUR, May 4 (Bernama) -- Global supply disruptions caused by geopolitical conflict in West Asia are a clear signal that Malaysia must reduce its reliance on fossil fuels and accelerate the transition to renewable energy, an economic expert has said.

Malaysia Must Expand Green Finance, Tech Capacity - World Bank

KUALA LUMPUR, May 4 (Bernama) -- Malaysia must expand green finance, strengthen local tech capacity, as well as broaden participation across sectors and regions to fully leverage the global shift towards sustainability and turn climate risk into a competitive edge in green value chains. 

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia stayed higher at midday on continued buying activities in selected financial services and plantation counters. 

Industrial Products Sector Records RM128.3 Mln Net Foreign Inflows

KUALA LUMPUR, May 4 (Bernama) -- The industrial products and services recorded net foreign inflows of RM128.3 million, followed by technology (RM114.2 million), and plantation (RM53.3 million) last week, according to MBSB Investment Bank Bhd (MBSB IB).

KLCI Futures Open Higher

KUALA LUMPUR, May 4 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Monday, tracking gains in the cash market.

Bursa Malaysia Opens Firmer On Foreign Inflows, IMF Optimism

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia opened higher on the first trading day of May, supported by continued net foreign inflows and bolstered by the International Monetary Fund’s (IMF) upbeat outlook on Malaysia’s economic prospects.

Ringgit Opens Higher Against US Dollar Ahead Of OPR Announcement

KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.

Ringgit Strength, IMF GDP Forecast Signal Global Confidence In Malaysia’s Economy — Muhammad Kamil

KUALA LUMPUR, May 2 (Bernama) -- The continued strengthening of the ringgit and the improved economic projections by the International Monetary Fund (IMF) indicate the fundamental strength of the country's economy and investor confidence in the direction of the Malaysia MADANI administration.

Ringgit Seen To Trade Within RM3.96–RM3.98 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, May 2 (Bernama) -- The ringgit is expected to trade within a narrow range next week, hovering between RM3.96 and RM3.98 against the US dollar ahead of key United States data.

Bursa Malaysia Likely To Trade Range-bound Between 1,700 And 1,730 Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia’s benchmark index is expected to trade in a range-bound mode with a cautious bias within the 1,700-1,730 range next week.