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Johor Plantations Net Profit Up 51 Pct To RM150.64 Mln In 1H2025

JOHOR BAHRU, Aug 15 (Bernama) -- Johor Plantations Group Bhd (JPG) has recorded a 51 per cent year-on-year (y-o-y) rise in net profit to RM150.64 million for the first half of 2025 (1H 2025), driven by higher selling prices and a surge in external crop purchases.

CT Group Propels Vietnam Into Global Tech Arena With UAV Export Deal

KUALA LUMPUR, Aug 15 (Bernama) -- Vietnam officially entered the global tech big leagues as CT Group signed a landmark deal to export 5,000 unmanned cargo aircraft to a major South Korean drone firm, marking the nation’s first large-scale unmanned aerial vehicle (UAV) export.

SBAN, MBAN Ink Deal To Bolster Angel Investment Ecosystem In Sarawak

KUCHING, Aug 14 (Bernama) -- Sarawak Digital Economy Corporation’s (SDEC) initiative, the Sarawak Business Angel Network (SBAN), today signed a memorandum of agreement with the Malaysian Business Angel Network (MBAN) to strengthen the angel investment ecosystem in the state.

Malaysia Can Be 'Beneficiary Window' Linking ASEAN To South Asia Through Bangladesh – Yunus

By Kisho Kumari Sucedaram 

KUALA LUMPUR, Aug 14 (Bernama) — Malaysia can be the “beneficiary window” in greater economic connectivity between ASEAN and the populous South Asia region, with Bangladesh’s central position as a strategic trade, production and investment hub offering immense business opportunities.

Malaysia Urged To Boost Local Gold Refining To Curb Forex Outflow – Prominent Gold Retailer

KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia must enhance its local gold refining capabilities to minimise the outflow of foreign exchange (forex) currently incurred by sending the precious metal to overseas facilities.

Ringgit Rises For Third Day On Softer US Dollar Following Lower-Than-Expected CPI Data

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its gains against the US dollar for the third straight day, as the greenback’s safe-haven status weakened following lower-than-expected US Consumer Price Index (CPI) data for July, which fuelled expectations of a September interest rate cut.

Thailand Sets Up One-stop Service Centre To Help Exporters Weather US Tariffs

BANGKOK, Aug 13 (Bernama) -- Thailand has established the Ministry of Commerce One Stop Service (MOC OSS) Centre to assist Thai businesses in responding to United States (US) tariff measures, offering comprehensive trade services ranging from tax advisory to market expansion to help reduce export costs.

Hatch: Steelmakers, Energy Giants Launch CCUS Hub Study In Asia

KUALA LUMPUR, Aug 12 (Bernama) -- A consortium of major steel producers and global industrial players, including ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel Company, BHP, Chevron, and Mitsui & Co Ltd, has launched a pre-feasibility study to assess the development of Carbon Capture, Utilisation and Storage (CCUS) hubs across Asia.

Ringgit Ends Higher On Hopes Of US Fed Rate Cut In September

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit rebounded to close higher against the US dollar and other major currencies on market optimism that the US Federal Reserve will implement an interest rate cut at its September Federal Open Market Committee (FOMC) meeting.

Gold Futures likely To Track Comex Ahead Of US CPI Data Next Week

KUALA LUMPUR, Aug 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are set to take their cue from the United States (US) COMEX gold market ahead of the upcoming release of the US Consumer Price Index (CPI) data for July, scheduled for next Tuesday. 

Ringgit Continues To Retreat Against Greenback On Profit-taking After Recent Gains

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit continued its retreat against the US dollar on profit-taking after recent gains to close lower on Friday.

ASEAN Must Reframe Economic Strategy Amid Global Polycrisis - Liew

KUALA LUMPUR, Aug 8 (Bernama) -- The Association of Southeast Asian Nations (ASEAN) needs to undertake a bold re-framing of its economic strategy as the region navigates a complex polycrisis, said Deputy  Investment, Trade and Industry Minister Liew Chin Tong.