Ringgit Asia’s Best-performing Currency This Year, On Track To Strengthen Further In 2026 – Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.

Bursa Malaysia Opens Lower On Profit-taking

KUALA LUMPUR, Dec 22 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Monday as investors engaged in profit-taking in heavyweight stocks following the index’s recent strong performance despite a positive close on Wall Street.

Ringgit Strengthens Vs US Dollar, Major Currencies On Positive Fiscal Developments

KUALA LUMPUR, Dec 22 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Monday as positive developments in the government of Malaysia’s fiscal position have contributed significantly to the ringgit’s appreciation.

Gold Futures Likely To Trade Higher Next Week

KUALA LUMPUR, Dec 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade higher next week, tracking gains in US Commodity Exchange (COMEX) gold, as investors position ahead of key economic data.

Bursa Malaysia Likely To Consolidate Gains, Trade In Narrow Range Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia is likely to consolidate its recent gains and trade within a narrow range next week as investors unwind tactical positions after this week’s strong performance.

Anwar Welcomes IMF Assessment, Reaffirms Priority On Prudent Economic Management

KUALA LUMPUR, Dec 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed the International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance, emphasising that the government’s priority remains ensuring economic stability is managed responsibly.

SumiSaujana To Expand Into Indonesia With Wet Gas Sulphuric Acid Facility 

From Zufazlin Baharuddin

JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.

Kuala Lumpur Rubber Market Ends Lower On Weaker Regional Futures, Softer Crude Oil

KUALA LUMPUR, Dec 19 (Bernama) -- The Kuala Lumpur rubber market closed lower today following declines in regional rubber futures and softer crude oil prices, said a dealer.

Bursa Malaysia Hits Nearly 15-Month High On Improved Year-end Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia ended the week sharply higher, climbing to an almost 15-month high and surpassing its previous peak of 1,660.09 recorded on Sept 27, 2024, as domestic sentiment improved ahead of year-end portfolio flows.

Lack Of Large-cap Firms Makes Bursa Malaysia Less Attractive To Foreign Investors -- PNB

KUALA LUMPUR, Dec 19 (Bernama) -- The lack of large-capitalisation (large-cap) companies with sufficient liquidity is one of the major challenges making Bursa Malaysia less attractive to foreign investors compared with its regional peers, said Permodalan Nasional Bhd (PNB).

SME Corp, Swansea University Sign MoU To Prepare SMEs For Global Markets

KUALA LUMPUR, Dec 19 (Bernama) -- SME Corporation Malaysia (SME Corp Malaysia) has formalised a long-term collaboration with the United Kingdom’s Swansea University through a Memorandum of Understanding (MoU) to bolster entrepreneurship development and assist Malaysian small and medium enterprises (SMEs) in their global expansion.

PNB Declares 5.75 Sen ASB Income Distribution, RM10.4 Bln Payout For FY2025

KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).