Bursa Malaysia Ends Lower Following US Plan To Blockade Strait Of Hormuz

By Danni Haizal Danial Donald

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.

Malaysia's Growth Outlook Intact Despite The Strait Of Hormuz Blockade -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, April 13 (Bernama) -- Malaysia’s short-term economic impact is expected to remain manageable, despite the impasse in United States (US)-Iran peace talks, said economists.

Sanya, Tourism Malaysia Partner To Boost Travel For Visit Malaysia 2026

KUALA LUMPUR, April 13 (Bernama) -- The Sanya Tourism Development Bureau of China’s Hainan Province has signed a strategic cooperation agreement with Tourism Malaysia to strengthen tourism ties ahead of "Visit Malaysia Year 2026" and jointly promote travel between the two destinations.

TP-Link Malaysia, UiTM Ink MoU To Close Enterprise Networking Talent Gap

KUALA LUMPUR, April 13 (Bernama) -- Networking devices and smart home products provider TP-Link Distribution Malaysia Sdn Bhd (TP-Link Malaysia) and Universiti Teknologi MARA (UiTM) have signed a memorandum of understanding (MoU) to equip students with industry-relevant networking skills, hands-on enterprise experience and globally recognised certifications. 

Hibiscus Petroleum In Good Stead Despite West Asia Conflicts - Chairman

KOTA BHARU, April 13 (Bernama) -- Hibiscus Petroleum Bhd is well positioned to weather global geopolitical tensions and the ongoing conflict in West Asia, including uncertainty as a result of high crude oil prices.

Palm Oil To See Lower Inventory In 2Q, Driven By Stronger Exports - Analyst

KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil inventory is expected to inch down in the second quarter (2Q) of the year, driven by stronger exports as buyers stock up amid uncertainty over the current ceasefire in West Asia.

Foreign Funds Extend 3-week Net Buying On Bursa Malaysia, RM470.3 Mln In Inflows

KUALA LUMPUR, April 13 (Bernama) -- Foreign institutions extended their net buying streak to three consecutive weeks, recording RM470.3 million in net inflows, according to MBSB Investment Bank Bhd (MBSB IB).

TNB Actively Operationalising Its Target Of 70 Pct Renewable Energy Capacity By 2050

KUALA LUMPUR, April 13 (Bernama) -- Tenaga Nasional Bhd (TNB) is actively operationalising its roadmap to achieve 70 per cent renewable energy (RE) capacity by 2050, chief sustainability officer Leo Pui Yong said.

Bursa Malaysia Opens Lower On Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed down by cautious sentiment as investors remained wary of uncertainties surrounding the Iran-United States ceasefire.

Ringgit Opens Mostly Higher Against Major Currencies, Slightly Lower Vs Greenback

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 13 (Bernama) -- The ringgit opened mostly higher against major currencies today, but eased slightly against the US dollar amid growing external uncertainties and firmer demand for the US dollar.

Ringgit Strength, Foreign Inflows Support Malaysia Bond Market Amid Global Uncertainties

KUALA LUMPUR, April 12 (Bernama) -- Malaysia’s bond market continued to demonstrate resilience amid global volatility, supported by a strengthening ringgit and sustained foreign inflows, according to CIMB Treasury and Markets Research.

GGR Motor Aims To Sell At Least 3,000 Electric Motorcycles Monthly

IPOH, April 12 (Bernama) -- GGR Motor Group aims to sell at least 3,000 units of electric motorcycles per month this year, in line with increased production capacity and the expansion of its distribution network.