Volatility Seen Continuing For Bursa Malaysia Next Week After Raya Break

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 21 (Bernama) -- Trading on Bursa Malaysia is expected to continue to be volatile next week after the Raya break, although the broader trend still points to a gradually rising momentum.

Maybank Extends S$65 Mln Loan For Singapore’s Fourth Egg Farm Project

SINGAPORE, March 20 (Bernama) -- Maybank has extended a term loan facility of up to S$65 million (S$1=RM3.08) to ISE Foods Holdings (IFH) as the sole bank financier to partially finance the development of Singapore’s fourth egg farm (SG4EF).

MPOB Launches Used Cooking Oil Price Portal To Boost Circular Economy

KUALA LUMPUR, March 20 (Bernama) — The Malaysian Palm Oil Board (MPOB) is encouraging industry players and the public to participate actively in the trading of used cooking oil (UCO) as part of efforts to support the nation’s circular economy.

IMF Warns Prolonged Energy Price Surge Could Lift Inflation

ISTANBUL, March 20 (Bernama-Anadolu) -- The International Monetary Fund (IMF) said Thursday that a sustained rise in energy prices stemming from the war in West Asia could push global inflation higher and weigh on economic output.

Eonmetall Subsidiary Seeks To Sell Klang Land For RM273.28 Mln

Ringgit Eases Against Greenback After US Fed Keeps Interest Rates Unchanged

By Danni Haizal Danial Donald

KUALA LUMPUR, March 19 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close following the United States Federal Reserve’s (Fed) decision to keep interest rates unchanged, providing support to the greenback.

Asian Shares Plunge As Iran Conflict Worsens

BEIJING, March 19 (Bernama-dpa-AFX) -- Asian stocks nosedived on Thursday as rising oil prices following attacks on key energy infrastructure in West Asia rekindled concerns about inflation, interest rates, and the regional growth outlook, reported dpa-AFX.

PAAB Establishes Malaysia’s First Sustainable Islamic Finance Framework With Blue Finance Elements

KUALA LUMPUR, March 19 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has established Malaysia’s first sustainable Islamic finance framework that incorporates blue finance elements, with Maybank Investment Bank Bhd (Maybank IB) serving as the sole sustainability structuring adviser.

Kao Bioré Expands Into South Korea With Global Campaign Featuring Stray Kids

KUALA LUMPUR, March 19 (Bernama) -- Kao Corporation, a Japan-based manufacturer of cosmetics, personal care and household products, announced its skincare brand Bioré will accelerate its international expansion as it enters the South Korean market and rolls out a globally unified campaign.

Ringgit Up Against Major Currencies, Softens Vs Greenback At Open

KUALA LUMPUR, March 19 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar this morning as cautious global sentiment continued to weigh on emerging market currencies.

Ringgit Strengthens To Highest Level Since 2021 Against Singapore Dollar

SINGAPORE, March 18 (Bernama) -- The ringgit rose to its strongest level in five years against the Singapore dollar today, supported by higher energy prices and growing optimism over artificial intelligence (AI).

K-Tech Partners Boardware On AI, BCI Hardware

KUALA LUMPUR, March 18 (Bernama) -- K-Tech Solutions Company Limited (K-Tech) has signed a memorandum of understanding with Boardware Intelligence Technology Limited (Boardware), becoming the exclusive hardware development and engineering partner for Boardware’s artificial intelligence (AI) and Brain-Computer Interface (BCI) product platform.