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MIDA Pushes Deeper Local Participation In Semiconductor Value Chains

KUALA LUMPUR, May 7 (Bernama) -- Malaysia must continue attracting strategic, high-quality investments while ensuring that local companies capture greater share of the value created by global investors operating in the country, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

Bursa Malaysia Closes Slightly Higher After BNM's OPR Hold

By Abdul Hamid A Rahman

KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia closed marginally higher today, supported by continued buying in banking heavyweights following Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) at 2.75 per cent.

ASEAN Needs Practical Oil Stockpiling Framework -- Johari Ghani

CEBU (Phillippines), May 7 (Bernama) -- ASEAN needs to work towards a practical framework for oil stockpiling to enhance the region’s long-term energy security and preparedness, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

Ringgit Opens Higher, May Extend Gains If OPR Holds At 2.75 Pct

KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today.

Ringgit Continues Upward Momentum Ahead Of BNM's OPR Announcement

By Danni Haizal Danial Donald

KUALA LUMPUR, May 6 (Bernama) -- The ringgit continued its upward momentum, closing mostly higher against most major currencies and regional peers on improved sentiment as investors await the decision on the Overnight Policy Rate (OPR).

Bursa Malaysia Closes Higher On Easing Geopolitical Tensions

KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia closed higher today as easing West Asia tensions lifted overall market sentiment and encouraged a broader risk-on tone across regional equities, said an analyst.

Rubber Market Closes Slightly Lower Amid Geopolitical Uncertainties

KUALA LUMPUR, May 6 (Bernama) -- The rubber market closed slightly lower on Wednesday, weighed by lingering geopolitical uncertainties surrounding the West Asia conflict, and despite an upward trend in regional rubber futures.

Domestic Demand Cushions Malaysia's Economy Amid Global Conflict, Says Economist

KUALA LUMPUR, May 6 (Bernama) -- Domestic demand remains a key buffer for Malaysia's economy amid the ongoing conflict in West Asia, said Affin Group chief economist Alan Tan. 

Bursa Malaysia Extends Gains At Midday In Line With Regional Peers

KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia extended gains at midday, tracking firmer regional markets amid progress in US-Iran peace talks, an analyst said.

ASEAN Eyes Long-Term Energy Security Solutions, DEFA Signing

From Niam Seet Wei

CEBU (Philippines), May 6 (Bernama) -- ASEAN is looking at medium- and long-term solutions to strengthen the region’s energy security and resilience amid global uncertainties, said the Philippine Department of Trade and Industry (DTI) Undersecretary Allan Gepty.

Taiwan Looks To Deepen Data Centre, Robotics Collaboration With Malaysia

By Abdul Hamid A Rahman

KUALA LUMPUR, May 6 (Bernama) -- Taiwan is looking to strengthen collaboration with Malaysia in the semiconductor and smart manufacturing sectors, particularly in data centres and robotics, by leveraging the complementary strengths of both economies across the semiconductor value chain.

Ringgit Opens Higher Against US Dollar Ahead Of BNM Policy Meeting

KUALA LUMPUR, May 6 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday ahead of Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) meeting tomorrow, where policymakers will assess inflation and growth, key factors shaping the outlook for the Overnight Policy Rate.