Ringgit Opens Firmer Against US Dollar On Easing West Asia Tensions

By K. Naveen Prabu

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, supported by easing geopolitical tensions in West Asia.

MAG Expects Jet Fuel Prices To Hover At US$120-US$130 Over The Next One Year

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 20 (Bernama) -- Malaysia Aviation Group (MAG) expects jet fuel prices to hover between US$120 and US$130 per barrel over the next one year, based on current forward market indications, as airlines continue navigating geopolitical tensions and fuel supply disruptions affecting the aviation industry. 

Ringgit Opens Mixed Against Regional Peers Amid Stronger US Jobs Data

KUALA LUMPUR, May 20 (Bernama) -- The ringgit opened mixed against regional peers and was mostly firmer against major currencies today, amid cautious market sentiment following stronger-than-expected United States jobs data.

Malayan Flour Mills 1Q Net Profit Rises 28.4 Pct To RM42.5 Mln

KUALA LUMPUR, May 19 (Bernama) -- Malayan Flour Mills Bhd reported a 28.4 per cent increase in net profit for the first quarter ended March 31, 2026 (1Q 2026), with earnings rising to RM42.5 million compared to RM33.1 million in the same quarter last year.

NIF To Support Malaysia’s Long-Term Economic Goals - MIDA

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 19 (Bernama) -- The New Incentive Framework (NIF) reflects a broader shift towards encouraging investments that contribute more meaningfully to Malaysia’s long-term economic priorities, according to Malaysian Investment Development Authority (MIDA).

SMEs Urged To Upgrade Capabilities, Embrace ESG Standards Under NIF

KUALA LUMPUR, May 19 (Bernama) -- Malaysian small and medium enterprises (SMEs) must upgrade their capabilities and embrace rising global competitiveness and environmental, social and governance (ESG) standards under the New Investment Framework (NIF) to remain integrated within the global supply chains, said an economist.

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.

AEON Posts Higher Net Profit Of RM83.72 Mln In 1Q

KUALA LUMPUR, May 18 (Bernama) -- AEON Co (M) Bhd posted a higher net profit of RM83.72 million in the first quarter of its financial year ended March 31, 2026 (1Q FY2026), compared with RM68.10 million in the same period last year.

SIC Bets On Premium Positioning For Driving Experience Centre Despite Slow Take-up

KUALA LUMPUR, May 18 (Bernama) -- Sepang International Circuit (SIC) is maintaining a premium positioning for its newly completed Driving Experience Centre (DEC) despite modest early utilisation as the initiative forms part of efforts to sweat its non-race assets and diversify revenue streams.

Ringgit Opens Slightly Higher Against US Dollar Amid Cautious Market Sentiment

By K. Naveen Prabu

KUALA LUMPUR, May 18 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday although cautious sentiment persisted amid escalating geopolitical tensions in West Asia.

HERE Unveils AI-Based Last-Meter Delivery Solution

KUALA LUMPUR, May 15 (Bernama) -- HERE Technologies, the mapping and location data platform, has unveiled HERE Last Meter Guidance, a location intelligence solution designed to help drivers complete final handoffs more quickly and accurately using artificial intelligence (AI)-based navigation

AirAsia X Posts Net Loss Of RM154.88 Mln In First Quarter Due To Depreciation Of Local Currencies

KUALA LUMPUR, May 14 (Bernama) -- AirAsia X Bhd posted a net loss of RM154.88 million in the first quarter ended March 31, 2026, due to the net foreign exchange losses of RM232.2 million from the depreciation of local currencies including Thai baht, Indonesian rupiah and the Philippine peso against the US dollar during the quarter.