ART Signals Strong US Investor Confidence In Malaysia - Ambassador

GEORGE TOWN, Feb 6 (Bernama) -- The Agreement on Reciprocal Trade (ART) between Malaysia and the United States sends a strong signal of long-term economic confidence and is expected to further encourage American investments, particularly in Penang’s semiconductor and manufacturing sectors.

Gold Futures End Lower Despite US COMEX Gains

KUALA LUMPUR, Feb 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday despite gains in the US COMEX gold market.

Ringgit Ends Flat Against US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit traded flat against the US dollar at Friday’s close, pressured by profit-taking as traders locked in gains accumulated earlier.

Rubber Market Ends Higher, Tracking Gains In Crude Oil Prices

KUALA LUMPUR, Feb 6 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by gains in crude oil prices, a dealer said.

Dmitry Shubov: Regulatory Clarity Boosts US Funding For Southeast Asian Legal-Tech Startups

KUALA LUMPUR, Feb 6 (Bernama) -- Investors are increasingly basing early-stage funding decisions for Southeast Asia’s United States (US)-focused legal-technology startups on regulatory readiness and market traction, according to consulting firm Dmitry Shubov Consulting.

Menicon Starts Commercial Production At Kedah Contact Lens Plant

KUALA LUMPUR, Feb 6 (Bernama) -- Japanese contact lens manufacturer Menicon Co Ltd announced that its new manufacturing facility in Kedah, Malaysia, its largest site to date, has commenced commercial production.

Ringgit Opens Lower As Easing Risks Lift US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened lower against the US dollar on Friday, pressured by external spillovers as receding near-term geopolitical tensions lent support to the greenback.

Gold Futures Ends Lower, Tracking Losses In US Comex

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday tracking losses in the US COMEX gold market.

Haily Group Unit Bags RM48.21 Mln Construction Job In Johor

KUALA LUMPUR, Feb 5 (Bernama) -- Haily Group Bhd’s wholly owned subsidiary Haily Construction Sdn Bhd (Haily Construction) has accepted a letter of award from Gunung Impian Development Sdn Bhd for a construction job worth RM48.21 million in Johor.

Ringgit Eases Vs US Dollar, Mixed Against Other Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close, weighed by renewed strength in the greenback as global markets shifted to a more defensive stance.

FICO Platform Helps Grab Finance Expand Credit Access Across Southeast Asia

KUALA LUMPUR, Feb 5 (Bernama) -- FICO has announced its platform is being used by Grab Finance, the financial services arm of Southeast Asia’s superapp Grab, to help transform credit access across the region.

Seek Opportunities Throughout Malaysia , US Ambassador Kagan Urges American Investors

KUALA LUMPUR, Feb 5 (Bernama) -- American investors should explore and expand their investments throughout Malaysia, including Sabah and Sarawak and not confine themselves to the established hubs such as Kuala Lumpur and Penang.