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Ringgit Closes Higher Against Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.

Bursa Malaysia Reprimands Ireka, Seven Former Directors, Imposes RM425,000 In Fines

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Ireka Corp Bhd (Ireka) and seven of its former directors for breaches of the Bursa Malaysia Securities Main Market Listing Requirement, while imposing total fines of RM425,000 on the directors.

Stoneshield Capital Becomes Meliá’s Second-Largest Shareholder 

KUALA LUMPUR, May 11 (Bernama) -- Stoneshield Capital has become the second-largest shareholder in Meliá Hotels International (Meliá) with a 9.5 per cent stake, while Stoneshield co-founder, Juan Pepa has been appointed to Meliá’s Board of Directors.

Petrol, Diesel Supply More Stable Following Govt's Proactive Measures -- PM Anwar

From Niam Seet Wei

CEBU (The Philippines), May 8 (Bernama) -- The government has assured that the nation’s petrol and diesel supply is more stable following the government’s proactive measures, particularly under the management of Petroliam Nasional Bhd (Petronas), said Prime Minister Datuk Seri Anwar Ibrahim.

Petronas Dagangan Appoints Sazali Hamzah As Chairman

KUALA LUMPUR, May 8 (Bernama) -- Petronas Dagangan Bhd (PDB) has appointed Datuk Sazali Hamzah as chairman, effective today.

LBS Wins Four Prestigious Accolades At StarProperty Real Estate Developer Awards 2026

KUALA LUMPUR, May 8 (Bernama) -- Property developer LBS Bina Group Bhd (LBS) has won four prestigious accolades at the StarProperty Real Estate Developer Awards 2026, which recognises developers that have made significant contributions to Malaysia’s real estate sector.

ASEAN Targets Intra-regional Trade To Reach 30 Pct By 2030 - Mohamad Hasan

From Linda Khoo

CEBU, May 8 (Bernama) -- ASEAN is committed to strengthening intra-regional trade, including increasing intra-member trade to at least 30 per cent by 2030.

Johor Among States With Highest Household Income Levels Since 2022 - Exco

ISKANDAR PUTERI, May 7 (Bernama) -- Household income in Johor has increased since the current state administration took office in 2022, placing the state among the highest in Malaysia in terms of household income levels.

Azizan Jaafar Appointed New CEO Of VentureTECH

KUALA LUMPUR, May 7 (Bernama) -- VentureTECH Sdn Bhd has appointed Azizan Jaafar as its chief executive officer (CEO) with immediate effect.

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. 

Shanghai Investment Mission: Johor Attracts 36 Global Investors, RM10 Bln In Initial Commitments

ISKANDAR PUTERI, May 6 (Bernama) -- The Johor state government's recent investment mission to Shanghai, China, successfully attracted the interest of 36 international companies, with potential initial investment commitments estimated to reach RM10 billion, a clear sign of confidence in the Johor-Singapore Special Economic Zone (JS-SEZ).

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.