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UOB Facilitates Over RM18 Bln In FDI Into JS-SEZ Since 2024

JOHOR BAHRU, April 20 (Bernama) -- United Overseas Bank (UOB) has facilitated over RM18 billion in foreign direct investment (FDI) into the Johor-Singapore Special Economic Zone (JS-SEZ) since 2024.

Invest Selangor To Hold Engagement Sessions For Phase 2 Of Resilience Package

SHAH ALAM, April 20 (Bernama) -- Invest Selangor Bhd will hold engagement sessions with key sectors such as services and construction within one to two weeks as part of efforts to boost the state’s economic resilience through the Selangor Resilience Strengthening Package Phase 2.

Gold Futures Close Lower, Tracking COMEX Weakness Amid Firmer US Dollar

KUALA LUMPUR, April 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, reflecting the weaker performance in the US COMEX market, as a stronger US dollar pressured prices amid the renewed US-Iran conflict.

Ringgit Ends Marginally Lower Vs US Dollar

KUALA LUMPUR, April 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on Monday, remaining in a tight range as markets kept a close watch on developments in West Asia.

KLCI Futures Close Higher, Tracking Firmer Cash Market

KUALA LUMPUR, April 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today, in line with the firmer cash market.

Consortium Advances Asia CCUS Network With Five Potential Carbon Storage Hubs

KUALA LUMPUR, April 20 (Bernama) -- A major Asia-Pacific industry consortium is advancing efforts to scale carbon capture infrastructure, identifying five potential cross-border storage hubs as part of a regional Carbon Capture, Utilisation and Storage (CCUS) development study.

Varia Unit Bags RM293.32 Mln Sub-contract Job In Johor

KUALA LUMPUR, April 20 (Bernama) -- Varia Bhd’s wholly-owned subsidiary, Pembinaan Teguh Maju Sdn Bhd, has accepted a letter of award from RSM Builders Sdn Bhd for a sub-contract valued at RM293.32 million.

West Asia Crisis A Reminder For ASEAN To Strengthen Energy Security -- Onn Hafiz

JOHOR BAHRU, April 20 (Bernama) -- The West Asian crisis is a reminder that ASEAN nations, particularly Malaysia, need to strengthen and diversify energy security and cooperation, as well as trade and supply chains.

Fujian Opens 2026 Cultural And Tourism Conference In Zhangzhou

KUALA LUMPUR, April 20 (Bernama) -- The 2026 Fujian Provincial Conference on the Development of Cultural and Tourism Economy kicked off recently in Zhangzhou, China's Fujian Province, highlighting elements of Minnan (Southern Fujian) wisdom, lifestyle, and culture.

Hatch-Led Consortium Identifies Five CCUS Hubs Across Asia-Pacific

KUALA LUMPUR, April 20 (Bernama) -- Hatch, a global engineering, project delivery, and professional services firm, has announced the Carbon Capture, Utilisation and Storage (CCUS) Hub Study for Asia, identifying five potential storage hubs and welcoming new consortium partners.

Rubber Market Ends Mixed, Tracking Regional Rubber Futures

KUALA LUMPUR, April 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, tracking gains in regional rubber futures amid firmer benchmark crude oil prices, said a dealer.

Bursa Malaysia Closes Higher On Buying In Defensive Large-Cap Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia closed higher today, supported by buying interest in large-cap stocks as investors shifted toward defensive counters amid rising geopolitical uncertainty.