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Ringgit Opens Stronger Vs Greenback As Fed Leaves Rates Unchanged

KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the US Federal Reserve (Fed) left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.

Mixed Outlook Ahead Of BNM's OPR Announcement Tomorrow -- Economists

KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.

Ingredion Boosts Forecast As Profit Climbs, Sales Slip

KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1=RM4.21)

Malaysia Takes Cautious, Prudent Approach In Addressing US Tariff Issue – PM Anwar

KUALA LUMPUR, May 7 (Bernama) -- The government is taking a careful and prudent approach in addressing the issue of tariffs imposed by the United States (US), by prioritising diplomatic negotiations and regional cooperation.

Gold Futures End Higher Amid Ongoing US-China Tariff Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, May 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Tuesday amid ongoing tensions over the US-China tariffs.

Zahid: NGCC Underscores Malaysia’s Commitment To Global Competitiveness

KUALA LUMPUR, May 6 (Bernama) -- The establishment of the National Geo-Economic Command Centre (NGCC) clearly demonstrates the government's commitment to safeguarding national interests and ensuring that Malaysia remains competitive on the global stage.

Govt's Boost To SJPP Guarantee Schemes Timely, Execution Crucial - SBF

KUCHING, May 6 (Bernama) -- The government’s decision to raise guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion is a timely move to strengthen business confidence and enhance liquidity among Malaysian small and medium enterprises (SMEs).

Anwar’s Leadership And MADANI Govt Lauded In US Tariff Issue – Nazir Razak

KUALA LUMPUR, May 6 (Bernama) – The Malaysian chapter of the ASEAN-Business Advisory Council (ASEAN-BAC) has complimented Prime Minister Datuk Seri Anwar Ibrahim’s leadership and the MADANI government in handling the United States (US) tariff issue in a calm and balanced manner and protecting national interests.

SMEs In Singapore Show Strong Interest In JS-SEZ – Malaysian Envoy

SINGAPORE, May 6 (Bernama) -- There is strong interest among Singaporean small and medium enterprises (SMEs) in the Johor-Singapore Special Economic Zone (JS-SEZ), with many exploring relocation opportunities, according to Malaysia’s High Commissioner to Singapore, Datuk Dr Azfar Mohamad Mustafar.

Malaysian SMEs Still Lagging Behind In Digitalisation Journey – Gobind

KUALA LUMPUR, May 6 (Bernama) -- Most Malaysian small and medium enterprises (SMEs) are still trailing behind larger enterprises in their digitalisation journey, said Digital Minister, Gobind Singh Deo.

Malaysia's Rubber Glove Market Share In US Expected To Rise To 55 Pct - Zafrul

KUALA LUMPUR, May 6 (Bernama) -- Malaysia's rubber glove market share in the United States is expected to increase to 55 per cent, despite facing a 10 per cent tariff hike and reciprocal tariffs imposed by the US on Malaysia.

Govt Mulls Special Package For Businesses After US-Malaysia Negotiations - Tengku Zafrul

KUALA LUMPUR, May 6 – The Investment, Trade and Industry Ministry (MITI) will consider introducing a special incentive package for businesses affected by United States (US) tariff after assessing its impact, in addition to evaluating its effect on the country’s fiscal position.