2d ago
By M. Saraswathi & Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Monetary policy is primarily a demand management tool. As such, it is generally a less appropriate tool in addressing supply-driven shocks, such as rising fuel and commodity prices, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
2d ago
KUALA LUMPUR, May 8 (Bernama) -- Malaysia is positioning itself to move beyond its long-standing leadership in assembly, testing and packaging towards leadership in advanced packaging as artificial intelligence (AI) reshapes the global semiconductor industry.
2d ago
KUALA LUMPUR, May 8 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives today, tracking the decline in the cash market.
2d ago
By Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia opened marginally lower on Friday, as buying was interspersed with selling in selected heavyweight stocks due to uncertain geopolitical developments.
2d ago
From Linda Khoo
CEBU, May 8 (Bernama) -- ASEAN is committed to strengthening intra-regional trade, including increasing intra-member trade to at least 30 per cent by 2030.
2d ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened higher against most major currencies but eased versus the US dollar as investors remained cautious following renewed escalation in the West Asia conflict, which dimmed hopes for a peace deal between the United States and Iran.
2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Thursday, tracking softer crude oil and soybean oil prices on Chicago Board of Trade (CBOT), a trader said.
2d ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
2d ago
By Nik Nurfaqih Nik Wil
JAKARTA, May 7 (Bernama) -- For many Malaysian startups, expanding beyond domestic borders often comes with familiar challenges -- limited regional networks, unfamiliar regulations and difficulty accessing investors outside Malaysia.
3d ago
KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent for a sixth consecutive Monetary Policy Committee (MPC) meeting reflects growing confidence in the resilience of Malaysia’s domestic economy despite mounting global uncertainties, economists said.
3d ago
From Niam Seet Wei
CEBU (Philippines), May 7 (Bernama) -- Malaysia does not sell oil to other ASEAN member states as the country is still importing about 400,000 barrels of crude oil per day, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
3d ago
From Niam Seet Wei
CEBU (Philippines) May 7 (Bernama) -- ASEAN may consider bringing in the private sector to help realise the newly-mooted oil stockpiling framework aimed at strengthening the region’s long-term energy security and preparedness.