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Ringgit Opens Lower Vs Greenback, Higher Against Major Currencies Ahead Of Key US Jobs Data

By Zufazlin Baharuddin and K.Naveen Prabu

KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday but higher against major currencies as investors stayed cautious ahead of a busy week of US labour-market data.

SAMENTA Hails Govt's RM80 Bln SME Support Package To Weather Compliance Challenges

KUALA LUMPUR, Jan 6 (Bernama) -- The Small and Medium Enterprises Association of Malaysia (SAMENTA) views the comprehensive support package valued at nearly RM80 billion for Malaysian small and medium enterprises (SME) as a critical injection of liquidity and a buffer against the rising costs of compliance.

Domino’s Pizza Malaysia Opens Doors To New Franchise Opportunities Nationwide

KUALA LUMPUR, Jan 6 (Bernama) -- Domino’s Pizza Malaysia is opening its doors to new franchise opportunities nationwide as part of its ongoing expansion, inviting aspiring entrepreneurs and business owners to grow with one of the world’s most recognisable pizza brands.

CPO Futures End Lower Amid Higher Stock Levels, Weaker Soybean Oil Prices

KUALA LUMPUR, Jan 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday amid concern over higher stock levels in the country and the weaker soybean oil prices on the Chicago Board of Trade (CBOT).

Tesla Malaysia Maintains Current Prices After EV Tax Holiday Ends

KUALA LUMPUR, Jan 6 (Bernama) -- Following the conclusion of the electric vehicle (EV) tax holiday, Tesla Malaysia will continue to offer all its vehicle line-ups at the same starting prices introduced in 2025.

Gold Futures End Higher, Tracking US COMEX Gains

KUALA LUMPUR, Jan 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday, tracking stronger gains on the US COMEX.

FMM Calls For SST Relief On Rentals, Logistics To Avoid Compounding Tax Effects

KUALA LUMPUR, Jan 6 (Bernama) -- The Federation of Malaysian Manufacturing (FMM) recommends exempting small and medium enterprise (SME) manufacturers of taxable goods from paying Sales and Service Tax (SST) on input services such as rentals and logistics, to prevent compounding tax-on-tax effects that drive up costs.

Ringgit Ends Firmer As Markets See US-Venezuela Tensions As Economically Contained

KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit ended higher against the US dollar on Tuesday, as markets reassessed the US–Venezuela episode as politically disruptive but economically contained, an analyst said.

Bursa Malaysia Bucks Regional Trend, CI Down 0.45 Pct On Mild Profit-taking

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia ended lower on Tuesday, with the key index slipping 0.45 per cent amid a lack of catalysts and mild profit-taking following recent gains, in contrast with regional markets.  

KLCI Futures End Lower

KUALA LUMPUR, Jan 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking the underlying cash market.

TII Unveils Arabic AI Model Setting Performance Benchmark

KUALA LUMPUR, Jan 6 (Bernama) -- The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), has launched Falcon-H1 Arabic, a newly developed large language model (LLM) built on a hybrid Mamba-Transformer architecture.

Rubber Market Ends Higher On Regional Futures Uptrend, Wet Weather

KUALA LUMPUR, Jan 6 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, supported by a regional uptrend in rubber futures markets, a dealer said.