Xiamen Airlines Inaugurates Direct Nanjing-Kuala Lumpur Flight To Boost Connectivity

KUALA LUMPUR, March 17 (Bernama) -- Tourism Malaysia today welcomed the arrival of Xiamen Airlines’ inaugural direct flight from Nanjing to Kuala Lumpur, marking a significant enhancement in air connectivity between Malaysia and eastern China.

Launch Of JS-SEZ Masterplan, Blueprint Postponed

KUALA LUMPUR, March 17 (Bernama) -- The launch of the masterplan and blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ), scheduled for March 30 in Johor Bahru, has been postponed until a date to be announced.

Ringgit Closes Higher As Tension In Strait Of Hormuz Eases

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.

Bursa Malaysia Rebounds On Bargain Hunting, In Sync With Positive Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia rebounded after two days of losses to close higher on Tuesday, driven by bargain-hunting activities and in line with the upbeat regional market performance. 

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.

Panasonic Explores Investment In Palm Biomass-based MDF In Malaysia

KUALA LUMPUR, March 17 (Bernama) – Manufacturer of housing equipment and construction material, Panasonic Housing Solutions Co Ltd, is exploring investment opportunities for its palm biomass-based panels product, medium-density fibreboard (MDF).

Ringgit Opens Firmer Versus US Dollar On Improved Sentiment

KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by improved global sentiment as market participants reacted positively to developments in the oil market.

AirBorneo Opts For Boeing, Jet Operations Routes Planned To KL, Singapore

KUCHING, March 16 (Bernama) — AirBorneo plans to launch regional jet operations from Kuching in July using three Boeing 737-800 aircraft as part of efforts to expand its connectivity beyond the existing network.

AirBorneo Maintains Fares Despite Rising Fuel Costs, Focuses On Connectivity

KUCHING, March 16 (Bernama) -- AirBorneo's current airfares remain unchanged despite rising global fuel prices as the airline continues to prioritise affordable connectivity for communities in Sarawak and Sabah, said its chief executive officer Megat Ardian Wira Mohd Aminuddin.

Ringgit Ends Higher Against US Dollar, Other Major Currencies Amid Stable Regional Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand. 

Bursa Malaysia Ends Marginally Lower as West Asia Conflicts Weigh On Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as ongoing geopolitical tensions in West Asia continued to weigh on market sentiment.

More Than RM7 Bln Mobilised Under MyCIF To Fund Over 11,500 MSMEs -- SC Chairman

KUALA LUMPUR, March 16 (Bernama) -- More than RM7 billion was mobilised under Malaysia Co-investment Fund (MyCIF) to fund over 11,500 micro, small and medium enterprises (MSMEs) and startups since 2019, said Securities Commission chairman Datuk Mohammad Faiz Azmi.