Wasco Posts RM11.10 Mln Net Profit In 1Q

KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.

Ringgit Ends Firmer Vs Major Currencies, Eases Against Greenback

KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended mostly higher against major currencies but eased against the US dollar on Tuesday as market participants await further developments in West Asia negotiations between the United States (US) and Iran.

Bursa Malaysia Ends Marginally Lower As Investors Turn Defensive

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors adopted a more defensive stance amid escalating geopolitical tensions and softer regional risk sentiment. 

Abaxx To Launch Silver Futures Contract In Singapore

KUALA LUMPUR, May 19 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced that Abaxx Exchange will launch Abaxx Silver Singapore futures on May 22, expanding its precious metals product suite.

Rubber Market Ends Lower On Weaker Crude Oil

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 19 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, pressured by declines in crude oil prices and a stronger US dollar, amid mixed sentiment in regional rubber futures markets, a dealer said.

Malayan Flour Mills Unveils RM100 Mln Capex Plan

KUALA LUMPUR, May 19 (Bernama) -- Malayan Flour Mills Bhd (MFM) outlined its RM100 million capital expenditure (Capex) plan for its flour milling business over two financial years, including the current financial year ending Dec 31, 2026 (FY2026). 

Govt To Continue Targeted Interventions Amid Global Supply Pressures - Akmal Nasrullah 

KUALA LUMPUR, May 19 (Bernama) -- Economy Minister Akmal Nasrullah Ahmad Nasir said the government will continue implementing targeted interventions to ensure the rakyat are not left without appropriate support, particularly in ensuring sufficient supply of essential goods, stable prices and assistance reaching groups that genuinely require help.

CPO Prices To Hold Around RM4,400 Per Tonne In June 2026 - MPOC

KUALA LUMPUR, May 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold around RM4,400 per tonne in June 2026, supported by global biofuel policies, says the Malaysian Palm Oil Council (MPOC).

Malaysia’s Fuel Subsidies Help E-hailing Drivers Stay On The Road Amid Cost Pressures

KUALA LUMPUR, May 19 (Bernama) -- A mobility platform said Malaysia’s fuel subsidy mechanism continues to help e-hailing drivers manage rising operating costs, allowing many to remain on the road despite global fuel price pressures.

Ringgit Opens Slightly Higher Against USD Amid West Asia Developments

KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday as market sentiment continued to focus on developments in West Asia.

Rubber Market Ends Higher On Crude Oil Gains

KUALA LUMPUR, May 18 (Bernama) -- The Kuala Lumpur rubber market started the week higher on Monday, supported by gains in benchmark crude oil prices, a dealer said.

PIVB Keeps 2026 GDP Growth Forecast Unchanged At 4.6 Pct as Domestic Demand Supports Expansion

KUALA LUMPUR, May 18 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its 2026 gross domestic product growth forecast at 4.6 per cent year-on-year (y-o-y), with domestic demand still anchoring the expansion.