ADB Launches US$70 Bln Push To Connect Asia’s Power Grids, Digital Networks

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) will back US$70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade and improve broadband access across Asia and the Pacific.

MARALINER Signs Six Strategic Partnerships To Accelerate Mobility Transformation

KUALA LUMPUR, May 3 (Bernama) -- MARA Liner Sdn Bhd has formalised six strategic partnerships, marking a significant milestone in its transformation journey towards a modern, resilient and technology-driven public transport ecosystem.

ADB Launches Financing Facility To Build Asia’s Critical Minerals Supply Chains

KUALA LUMPUR, May 3 (Bernama) -- The Asian Development Bank (ADB) today launched a new financing facility to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles, and digital technology.

PuTERA35 Ensures Fair Bumiputera Economic Empowerment - PM Anwar

KUALA LUMPUR, May 3 (Bernama) -- The Bumiputera Economic Transformation Plan 2035 (PuTERA35) is a national policy that ensures fairness in strengthening Bumiputera economic participation, enabling the group to compete on a level playing field in the national economy, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Strength, IMF GDP Forecast Signal Global Confidence In Malaysia’s Economy — Muhammad Kamil

KUALA LUMPUR, May 2 (Bernama) -- The continued strengthening of the ringgit and the improved economic projections by the International Monetary Fund (IMF) indicate the fundamental strength of the country's economy and investor confidence in the direction of the Malaysia MADANI administration.

Rubber Market Expected To Continue Upward Trend Next Week

By K. Naveen Prabu

KUALA LUMPUR, May 2 (Bernama) -- The rubber market is expected to continue its upward momentum next week, supported by firm crude oil prices and potential supply disruptions.

Ringgit Seen To Trade Within RM3.96–RM3.98 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, May 2 (Bernama) -- The ringgit is expected to trade within a narrow range next week, hovering between RM3.96 and RM3.98 against the US dollar ahead of key United States data.

Bursa Malaysia Likely To Trade Range-bound Between 1,700 And 1,730 Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia’s benchmark index is expected to trade in a range-bound mode with a cautious bias within the 1,700-1,730 range next week.

KLCI Futures Seen Trading Range-bound At 1,700–1,730 Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound with a “cautious bias” within 1,700–1,730 next week, in line with the cash market.

Gold Futures Seen In The US$4,600–US$4,700 Range Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, May 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range of US$4,600 to US$4,700 per troy ounce next week, on expectations that the United States (US) Federal Reserve (Fed) will maintain its restrictive monetary stance.

CPO Futures Expected To Trade Higher Next Week Amid West Asia Conflict

By K. Naveen Prabu

KUALA LUMPUR, May 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with an upward bias next week, a trader said.

SME Corp Empowers Digitalisation, Automation Of MSMEs

JOHOR BAHRU, May 1 (Bernama) -- Digitalisation and automation of micro, small and medium enterprises (MSMEs) have been identified as one of the five key focus areas in the Business Strategic Plan (BSP) 2022–2030 to accelerate the adoption of digital technology and improve productivity and operational efficiency.