Allianz General Boosts Business Resilience With Tailored Solutions

KUALA LUMPUR, May 12 (Bernama) -- Allianz General Insurance Company (Malaysia) Bhd said it was committed to empowering small and medium enterprises (SMEs) with tailored insurance solutions to strengthen resilience and help them adapt to an evolving risk environment amid economic headwinds.

Malaysia's MRO Market On Track To Achieve RM55 Bln Revenue Target By 2030 - Sim

KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s maintenance, repair and overhaul (MRO) market is on track to achieve RM55 billion in revenue target by the end of 2030 under the Malaysia Aerospace Industry Blueprint (MAIB) 2030, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

IHH On Managing Healthcare Price Increase In Challenging Environment

By Niam Seet Wei

KUALA LUMPUR, May 13 (Bernama) -- With the West Asia conflict showing no sign of abating, Malaysians may have to brace for rising healthcare costs and continued inflationary pressures, said IHH Healthcare Bhd Malaysia chief executive officer Dr Kamal Amzan.

KLCI Futures Open Lower

KUALA LUMPUR, May 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives today.

Bursa Malaysia Opens Slightly Lower Amid Lack Of Fresh Catalysts

KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia opened marginally lower in early trading today amid an absence of fresh market catalysts, with profit-taking expected today.

Ringgit Opens Higher Against Greenback And Major Currencies

KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar today, ahead of Malaysia’s first quarter (1Q) gross domestic product (GDP) announcement on Friday.

CPO Futures Close Lower On Weak Supply, Demand Outlook

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, weighed down by weak supply-and-demand outlook, a trader said.

Johor Entrepreneurs Urged To Grab Global Supply Chain ​​Opportunities Via JS-SEZ

JOHOR BAHRU, May 12 (Bernama) -- Micro, small and medium enterprises (MSMEs) in Johor are urged to take advantage of development and seize opportunities through the Johor-Singapore Special Economic Zone (JS-SEZ) as a key platform to penetrate the global supply chain.

Gold Futures End Higher

KUALA LUMPUR, May 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today despite weaker performance on the United States (US) COMEX market, amid lingering safe-haven sentiment.

Significant Opportunities For Malaysia, China To Deepen Collaboration In Palm Oil Sector -- Noraini

KUALA LUMPUR, May 12 (Bernama) -- Malaysia and China share significant opportunities to deepen collaboration in value-added industries for palm oil, particularly as demand continues to grow for sustainable, performance-driven, and application-specific palm-based products.

Liew Denies Saying Govt Is Mulling 150-litre RON95 Limit

KUALA LUMPUR, May 12 (Bernama) -- Deputy Finance Minister Liew Chin Tong denied announcing that the government is mulling a 150-litre petrol RON95 limit under the BUDI95 programme.

Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.