Malaysia, Vietnam To Boost Strategic Cooperation In Digital Economy, AI -- Anwar

From Niam Seet Wei

CEBU (Philippines), May 8 (Bernama) -- Malaysia and Vietnam are committed to expanding cooperation in the digital economy and artificial intelligence (AI), as well as science, technology, engineering, and mathematics (STEM), said Prime Minister Datuk Seri Anwar Ibrahim.

Parkson Unit Renews Shanghai Tenancy Until Dec 31, 2036

KUALA LUMPUR, May 8 (Bernama) -- Parkson Holdings Bhd’s 54.97 per cent-owned subsidiary Parkson Retail Group Ltd (PRGL) has renewed the tenancy of its Shanghai Hongqiao retail property in China for a further 10 years until Dec 31, 2036.

Ringgit Eases Against Greenback Ahead of US Non-farm Payroll Report Release

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- The ringgit eased against major and regional currencies including the US dollar at the close on Friday as investors remain cautious ahead of the United States non-farm payrolls (NFP) report amid renewed escalation in the West Asia conflict.

Bursa Malaysia Snaps Five-day Winning Streak On Profit-taking

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst. 

Bursa Malaysia In Negative Territory At Midday On Uncertain West Asia Developments

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia maintained its downward momentum at midday, in line with the weaker performance across regional markets as sentiment was dragged by renewed developments surrounding the United States (US)-Iran conflict. 

Ringgit Opens Higher Against Major Currencies, Eases Vs Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened higher against most major currencies but eased versus the US dollar as investors remained cautious following renewed escalation in the West Asia conflict, which dimmed hopes for a peace deal between the United States and Iran.

Rubber Market Closes Mixed As Positive Developments Capped By Weaker Oil, Stronger Ringgit

KUALA LUMPUR, May 7 (Bernama) -- The rubber market closed mixed on Thursday, amid gains in regional rubber futures but capped by weaker oil prices and a stronger ringgit, a dealer said. 

Rubber Market Closes Mixed As Positive Developments Capped By Weaker Oil, Stronger Ringgit

KUALA LUMPUR, May 7 (Bernama) -- The rubber market closed mixed on Thursday, amid gains in regional rubber futures but capped by weaker oil prices and a stronger ringgit, a dealer said. 

Ringgit Continues Growth Trajectory After OPR Maintained At 2.75 Pct

KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended its gains today, closing firmer against major currencies and most regional peers following Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.

PUNB Cuts Prosper Grow Financing Profit Rate To Support Entrepreneurs

KUALA LUMPUR, Aug 8 (Bernama) -- Perbadanan Usahawan Nasional Bhd (PUNB) has reduced the financing profit rate under its PROSPER GROW scheme to 3.5 per cent per annum from between 5.0 and 6.75 per cent previously to help Bumiputera entrepreneurs cope with rising operating costs. 

Banking Stocks Lift Bursa Malaysia Ahead Of BNM's OPR Decision

KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia maintained its upward momentum at midday, boosted by renewed interest in banking and financial counters ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) announcement later today.

MATRADE Secures RM126.42 Mln Potential Exports At SEMICON Southeast Asia 2026

KUALA LUMPUR, May 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has secured sales leads and potential export opportunities worth RM126.42 million during an international sourcing programme (INSP) held in conjunction with the SEMICON Southeast Asia 2026.