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Bursa Malaysia's Key Index Reverses Earlier Losses To Close Higher

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to settle higher, maintaining a more than six-year high, buoyed by continued buying interest in technology stocks, while the strengthening of the ringgit against the US dollar further lifted investor sentiment.

Ringgit Touches 3.99 Per US Dollar, Strongest In 7 Years

KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit briefly touched the 3.99 psychological level against the US dollar at 2.27 pm today.

MHIT White Paper Seen Boosting Healthcare Access – CIMB Securities

KUALA LUMPUR, Jan 23 (Bernama) -- CIMB Securities Sdn Bhd views Bank Negara Malaysia’s (BNM) White Paper on the base medical health insurance/takaful (MHIT) plan as a pivotal step towards broadening healthcare accessibility, with the potential to expand the risk pool across all participating insurance and takaful operators (ITOs).

Ringgit Opens Near Five-year High Vs US Dollar After BNM Holds OPR

KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit opened near a five-year high against the US dollar on Friday after Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) kept the Overnight Policy Rate (OPR) at 2.75 per cent.

BNM To Strenghten Rules On Medical Insurance As Base MHIT Plan Rolls Out

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) will strengthen regulatory requirements for all medical and health insurance/takaful (MHIT) products following the introduction of a standardised base MHIT plan, aimed at improving consumer protection and ensuring long-term premium sustainability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bwys To Sell Bukit Changgang Land, Acquire Tanjong Duabelas Site

KUALA LUMPUR, Jan 22 (Bernama) -- BWYS Group Bhd will sell its leasehold industrial land with buildings in Bukit Changgang, Kuala Langat, Selangor for RM67 million and acquire freehold industrial land in Tanjong Duabelas, Kuala Langat for RM94.5 million.

Ringgit Breaches 4.04 Level Against US Dollar After OPR Maintained At 2.75 Pct

KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed firmer against the US dollar on Thursday, supported by improved market sentiment following Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR).

WEF26: Saudi Arabia Unveils Coral Reef Summit, AI And Industry Initiatives

KUALA LUMPUR, Jan 22 (Bernama) -- The Saudi delegation to the World Economic Forum (WEF) Annual Meeting 2026 unveiled a series of initiatives aimed at addressing global challenges spanning sustainability, tourism, artificial intelligence (AI) and industrial development.

Bursa Malaysia Publishes Corporate Governance Ratings For PLCs On MyBURSA

KUALA LUMPUR, Jan 22 (Bernama) -- The independently assessed Corporate Governance (CG) Ratings for Public Listed Companies (PLCs) on the Main Market and ACE Market are now published on the MyBURSA platform.

H2O.ai Inks Deal With Certis To Scale AI For Urban, Critical Operations

KUALA LUMPUR, Jan 22 (Bernama) -- H2O.ai, a pioneer in sovereign artificial intelligence (AI), has signed a memorandum of understanding (MoU) with Singapore’s Certis Group to scale the use of AI, focusing on the deployment of agentic and predictive capabilities in operational environments.

YBS Eyes RM600 Mln Revenue On Back Of Allied Acquisition

BUKIT MERTAJAM, Jan 22 (Bernama) -- YBS International Bhd (YBS) is projecting its revenue to increase sharply from RM100 million to RM600 million following the completion of a landmark strategic investment to acquire the Allied Group of Companies.

Ringgit Likely To Appreciate To 3.94 Against US Dollar By End-2026 - AmBank

KUALA LUMPUR, Jan 22 (Bernama) -- AmBank anticipates that the ringgit will trade within a range in the first half of 2026, before approaching the 3.94 level against the US dollar in the latter half of the year, supported by Malaysia’s positive economic outlook.