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Contractors Urge VOP Revival, EOT As Costs Surge

IPOH, April 9 (Bernama) -- The government has been urged to take immediate steps, including reinstating the Variation of Price (VOP) mechanism for construction materials, to help contractors grappling with rising costs driven by the global energy crisis.

Grab Plans To Introduce 'Carri' To Bridge Gap Between Digital Intelligence And Real-world Logistics

JAKARTA, April 8 (Bernama) -- Southeast Asia’s top ride-hailing and delivery firm, Grab, is planning to introduce “Carri”, a physical automation robot, to bridge the gap between digital intelligence and real-world logistics.

Bank Muamalat Offers Temporary Financial Resilience Assistance To Support Customers

KUALA LUMPUR, April 8 (Bernama) -- Bank Muamalat Malaysia Bhd is offering targeted financial assistance to support customers facing temporary financial pressures arising from global uncertainties, including recent developments in West Asia.

Maybank Ready To Support Customers Amid Current Geopolitical Uncertainties

KUALA LUMPUR, April 7 (Bernama) -- Maybank remains ready to support customers amid current geopolitical and economic uncertainties, with financial assistance available and accessible through multiple channels.

Reneuco Faces Suspension, Delisting As Bursa Rejects Extension To Submit Regularisation Plan

KUALA LUMPUR, April 6 (Bernama) -- Reneuco Bhd is facing the risk of suspension and subsequent delisting after Bursa Malaysia Securities Bhd rejected its application for a further extension of time to submit its regularisation plan.

Geohan's Unit Secures RM103 Mln New Pantai Highway Extension Subcontracts

KUALA LUMPUR, April 6 (Bernama) -- Geohan Corporation Bhd’s unit Geohan Sdn Bhd has secured two subcontract packages with a combined value of RM103 million for the New Pantai Highway Extension from IJM Construction Sdn Bhd.

Hawkish Fed Bets, Oil Shock Set To Keep Ringgit Around 4.00 Against US Dollar Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 28 (Bernama) -- The ringgit is expected to trade around the 4.00 level against the US dollar next week, as expectations of a prolonged West Asia conflict weigh on the currency.

Ringgit And Regional Currencies Ease Against US Dollar Amid Rising Demand For Safe-Haven Assets

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 27 (Bernama) -- The ringgit, along with other regional currencies, closed lower against the US dollar on Friday as investors, both globally and regionally, shifted back to safe-haven investments due to ongoing geopolitical uncertainties in West Asia.

Ringgit Opens Higher On Pragmatic Fuel Subsidy Approach

By Danni Haizal Danial Donald

KUALA LUMPUR, March 27 (Bernama) -- The ringgit opened higher for the fourth consecutive day as the Malaysian government adopts a pragmatic approach to fuel subsidies by balancing between fiscal discipline and cost-of-living concerns amid West Asia tensions.

Healthcare Sector Outlook Remains Positive Despite Staff Shortages - MBSB IB

KUALA LUMPUR, March 26 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is maintaining its “positive” stance on the Malaysian healthcare sector despite medical staff shortages.

Ringgit Opens Higher Against Greenback As West Asia Conflict Shows Signs Of De-Escalation

By Danni Haizal Danial Donald

KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as global risk sentiment improved after US President Donald Trump signalled a de-escalation in the West Asia conflict.

Attack On Qatar's LNG Facility Raises Risk Of Wider Supply Disruptions In Asia

KUALA LUMPUR, March 20 (Bernama) — Asia-Pacific economies now face rising risks of physical shortages, not only of energy, following the latest Iranian attack on Qatar’s Ras Laffan LNG facilities, including oil and gas but also of fertilisers and, by extension, potentially food later in the year.