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BNM, Bank Indonesia Sign Mou To Strengthen Bilateral Cooperation

KUALA LUMPUR, May 11 (Bernama) -- Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a new memorandum of understanding (MoU) that strengthens bilateral cooperation between the two central banks.

Real Estate Seen As Inflation Hedge Amid Energy Price Pressures -- RHB IB

KUALA LUMPUR, May 11 (Bernama) --  Real estate remains a good hedge against rising inflationary pressures driven by energy price increases stemming from the West Asia conflict, said RHB Investment Bank Bhd (RHB IB).

Bursa Malaysia Opens Higher On Buying Interest In Heavyweights

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia opened firmer on Monday, driven by buying interest in selected heavyweight counters following the market’s retreat after a five-session rally last week.

Ringgit Opens Higher Against US Dollar Amid Ongoing West Asia Peace Talks

KUALA LUMPUR, May 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, as investors kept an eye on the ongoing peace negotiations over the West Asia crisis, an analyst said.

One-stop SME Portal To Be Launched This Month — Steven Sim

BUTTERWORTH, May 9 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (MECD) will launch a one-stop portal for small and medium enterprises (SMEs) this month to facilitate access to information related to financing, training and various government support programmes.

Ringgit Likely To Trade Within RM3.90–RM3.95 Level Next Week Ahead Of Trump-Xi Meeting

KUALA LUMPUR, May 9 (Bernama) -- The ringgit is expected to trade between RM3.90 and RM3.95 against the US dollar next week ahead of a key meeting between President Donald Trump and President Xi Jinping.

Bursa Malaysia To Trade Range-bound Next Week

KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia is expected to trade in range-bound mode next week after the benchmark index, FBM KLCI, successfully breached above the 1,750 level, supported by improving global risk appetite and Wall Street’s repeated record highs, said an analyst. 

ADB To Mobilise US30 Bln By 2030 To Support ASEAN Countries

KUALA LUMPUR, May 8 (Bernama) -- The Asian Development Bank (ADB) today will mobilise US$30 billion (US$1 = RM3.91) by 2030 to help ASEAN nations advance long-term development priorities and withstand external shocks.

SkyeChip IPO Oversubscribed 95.03 Times Ahead Of Main Market Listing

KUALA LUMPUR, May 8 (Bernama) -- SkyeChip Bhd’s initial public offering (IPO) has been oversubscribed by 95.03 times ahead of its listing on the Main Market of Bursa Malaysia.

Ringgit Eases Against Greenback Ahead of US Non-farm Payroll Report Release

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United States non-farm payrolls (NFP) report amid renewed escalation in the West Asia conflict.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst. 

Mr D.I.Y. Raises RM540 Mln Via Inaugural Sukuk, IMTN Oversubscribed 5.6 Times

KUALA LUMPUR, May 8 (Bernama) -- MR D.I.Y. Group (M) Bhd has raised a total RM540 million via the inaugural issuance under its RM5.0 billion Sukuk Wakalah Programmes, with the Islamic Medium-Term Notes (IMTN) tranche oversubscribed by 5.6 times.