Lotte Chemical Titan Unit, Indonesian Subsidiary In US$25.29 Mln Naphtha Deal

KUALA LUMPUR, April 20 (Bernama) -- Lotte Chemical Titan Holding Bhd’s wholly owned subsidiary, Lotte Chemical Titan (M) Sdn Bhd (LCTM), and its Indonesian subsidiary, PT Lotte Chemical Indonesia (LCI), have entered into a contract for the sale of naphtha worth US$25.29 million (US$1=RM3.90).

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.

Ringgit Ends Marginally Lower Vs US Dollar

KUALA LUMPUR, April 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on Monday, remaining in a tight range as markets kept a close watch on developments in West Asia.

Consortium Advances Asia CCUS Network With Five Potential Carbon Storage Hubs

KUALA LUMPUR, April 20 (Bernama) -- A major Asia-Pacific industry consortium is advancing efforts to scale carbon capture infrastructure, identifying five potential cross-border storage hubs as part of a regional Carbon Capture, Utilisation and Storage (CCUS) development study.

Hatch-Led Consortium Identifies Five CCUS Hubs Across Asia-Pacific

KUALA LUMPUR, April 20 (Bernama) -- Hatch, a global engineering, project delivery, and professional services firm, has announced the Carbon Capture, Utilisation and Storage (CCUS) Hub Study for Asia, identifying five potential storage hubs and welcoming new consortium partners.

Chery’s iCAUR V23 Leads Southeast Asia NEV Boxy SUV Segment Sales

KUALA LUMPUR, April 20 (Bernama) -- Chery Group’s new energy strategic brand, iCAUR, has reported strong global performance for its V23 model, which continues to lead the Southeast Asian new energy boxy sport utility vehicle (SUV) segment in sales.

Bursa Malaysia Up At Midday In Line With Regional Peers

KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning trading session higher in line with the upbeat regional markets although sentiment remained cautious amid ongoing developments in the Strait of Hormuz.

Foreign Investors Record RM17.35 Bln Inflow Across Eight Asian Markets Last Week

KUALA LUMPUR, April 20 (Bernama) -- Foreign investors were net buyers for the second consecutive week across eight Asian markets, with net foreign inflows totalling US$4.39 billion (RM17.35 billion), according to MBSB Investment Bank Bhd (MBSB IB).

Ringgit Opens Almost Flat Against Greenback As Investors Seek Safe-haven Assets

KUALA LUMPUR, April 20 (Bernama) -- The ringgit opened almost flat against the US dollar on Monday as investors sought shelter in safe-haven assets, with the greenback seen as one of the ways to preserve capital.

Ringgit Likely To Trade Within Narrow Range Next Week

KUALA LUMPUR, April 18 (Bernama) -- The ringgit is likely to trade within a narrow range against the US dollar next week as external drivers remain dominant.

CPO Futures To Stabilise With Bearish Bias Next Week 

KUALA LUMPUR, April 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to see stabilisation with a bearish bias next week, amid ample supply and easing energy prices.

Ringgit Strengthens Against US Dollar On Strong 1Q GDP Estimate

By Zufazlin Baharuddin

KUALA LUMPUR, April 17 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates for the first quarter of 2026 (1Q 2026), said an analyst.