LATEST NEWS   Fibre-to-the-Home project at Armed Forces Family Homes records positive progress, some completed ahead of schedule - Fahmi | At 6 pm, the ringgit traded mostly higher against major currencies, flat vs US dollar at 3.9630/9670 | Global supply crisisl: Assurance of adequate supply of basic necessities one of three main strategies to protect the people - DPM Fadillah | World entering second wave of global supply crisis, namely disruptions in the supply of oil and gas-based goods - DPM Fadillah | Global supply crisis: Gov’t takes early action to ensure the people remain protected in facing second wave - DPM Fadillah | 

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Ringgit Outlook Firm, Set To Retest 3.88 Level Amid Strong Inflows

By Siti Noor Afera Abu

KUALA LUMPUR, April 12 (Bernama) -- The ringgit’s outlook remains firm, supported by underlying macroeconomic fundamentals, with the market expected to retest the 3.88 level against the US dollar, reflecting short-term market positioning rather than a shift in the currency’s trajectory, economists said.

GrandCape Eyes Us$7 Mln Monthly Revenue From Four FFC Production Lines

KULAI, April 21 (Bernama) -- GrandCape (M) Sdn Bhd, a joint venture of Cape EMS Bhd with New Grand Tech (HK) Ltd, is expected to generate US$7 million (US$1 = RM3.95) revenue per month with four current flexible flat cable (FFC) production lines. 

NX Group Acquires Metro Supply Chain Group In Record CAD$1.8 Bln Deal

KUALA LUMPUR, April 21 (Bernama) -- Nippon Express Holdings Inc (NX Group) has reached an agreement to acquire all shares of Metro Supply Chain Group Inc (Metro Supply Chain Group) in a deal valuing the company at CAD$1.8 billion, marking the largest acquisition in NX Group’s history. (CAD$1 = RM2.89)

ASEAN Must Act As 'Indispensable Middle' Amid Shifting Global Order -- Liew

KUALA LUMPUR, April 21 (Bernama) -- ASEAN must reposition itself as the “indispensable middle” in an increasingly fragmented global order while accelerating regional integration and strengthening its economic fundamentals to remain competitive amid intensifying global uncertainties, said Deputy Finance Minister Liew Chin Tong.

Malaysia Businesses Must Shift To Premium, Safe Destination Model - Sim

KUALA LUMPUR, April 21 (Bernama) --  Malaysian businesses must move away from competing on low prices and instead position themselves as a premium and safe destination in the global market.

Malaysia Targets 32 Per Cent Installed Renewable Energy Capacity This Year -- Fadillah

KUALA LUMPUR, April 21 (Bernama) -- Malaysia is committed to reaching 32 per cent installed renewable energy (RE) capacity this year, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Xsolla Partners Benilde To Expand Global Access For Philippine Game Developers

KUALA LUMPUR, April 21 (Bernama) -- Xsolla, a global video game commerce company, has partnered with De La Salle-College of Saint Benilde (DLS-CSB) in the Philippines to give students access to its global publishing infrastructure following the signing of a memorandum of understanding in Manila.

Sabah Must Recast Logistics As Strategic Growth Engine, Says Industry Expert

By Jailani Hasan

LABUAN, April 21 (Bernama) -- Logistics must be repositioned from a background cost centre into a strategic economic engine if Sabah is to enhance its competitiveness and marketability in regional and global trade, said the Chartered Institute of Logistics and Transport (CILT) trainer Datuk Ramli Amir.

Tenaga Nasional Transforming Finance Function Into Talent Development Driver -- CFO

KUALA LUMPUR, April 21 (Bernama) – Tenaga Nasional Bhd (TNB) is transforming its finance function into a driver of talent development and business partnerships.

Ringgit Opens Higher Against US Dollar Ahead Of US-Iran Ceasefire Expiry

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 21 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as market participants are likely to focus on negotiations between the United States and Iran, with the two-week ceasefire, which commenced on April 7, set to expire on Wednesday.

UOB Facilitates Over RM18 Bln In FDI Into JS-SEZ Since 2024

JOHOR BAHRU, April 20 (Bernama) -- United Overseas Bank (UOB) has facilitated over RM18 billion in foreign direct investment (FDI) into the Johor-Singapore Special Economic Zone (JS-SEZ) since 2024.

Invest Selangor To Hold Engagement Sessions For Phase 2 Of Resilience Package

SHAH ALAM, April 20 (Bernama) -- Invest Selangor Bhd will hold engagement sessions with key sectors such as services and construction within one to two weeks as part of efforts to boost the state’s economic resilience through the Selangor Resilience Strengthening Package Phase 2.