Malaysia Well-placed To Lead ASEAN Power Grid Development - TNB

By Wan Muhammad Aslah Wan Razali

KUALA LUMPUR, May 23 (Bernama) -- Malaysia has a strong foundation to lead the development of smart and sustainable energy in the ASEAN region, particularly through efforts to realise the ASEAN Power Grid (APG), said Malaysia’s Tenaga Nasional Bhd (National Energy Limited) senior chief strategy, regulatory and sustainability officer Muhamad Nazri Pazil.

Ringgit Set To Trade Between 3.95 And 3.97 Against US Dollar Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, May 23 (Bernama) -- The ringgit is expected to trade within a narrow range of between RM3.95 and RM3.97 next week against the US dollar amid a shortened trading week.

Bank Islam Offers Integrated Banking Solutions For Malaysian Haj Pilgrims

KUALA LUMPUR, May 12 (Bernama) -- Bank Islam Malaysia Bhd is offering integrated and comprehensive haj banking solutions to help Malaysian pilgrims manage their financial affairs seamlessly, from pre-departure preparations to the performance of haj rituals in Makkah and Madinah.

Digital Trust, Data Security Strategy To Be Presented In 3Q This Year - Gobind

PETALING JAYA, May 21 (Bernama) -- The Digital Trust and Data Security Strategy 2026-2030 is expected to be presented in the third quarter of this year, said Digital Minister Gobind Singh Deo.

Bursa Malaysia Closes Lower Amid Weak Global Risk Sentiment

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as weakening global risk sentiment weighed on investor confidence, an economist said.

Gold Remains Relevant As Investments Despite Weakening Correlation With Currencies

KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.

CPO Futures Close Higher On Weaker Production Outlook

KUALA LUMPUR, May 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on expectations of weaker production in the coming weeks, said Iceberg X Sdn Bhd proprietary trader David Ng.

Abaxx To Launch Silver Futures Contract In Singapore

KUALA LUMPUR, May 19 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced that Abaxx Exchange will launch Abaxx Silver Singapore futures on May 22, expanding its precious metals product suite.

Ringgit Closes Lower Amid Cautious Sentiment Over China Data, FOMC Minutes

KUALA LUMPUR, May 18 (Bernama) -- The ringgit closed lower against the US dollar on Monday, as cautious sentiment prevailed in the foreign exchange market.

Westports Shares Up After Stronger 1Q 2026 Results

KUALA LUMPUR, May 18 (Bernama) -- Port operator Westports Holdings Bhd was among Bursa Malaysia’s top early gainers after posting higher results in the first quarter ended March 31, 2026 (1Q 2026). 

Russia Highlights Expanding Partnership With Islamic Countries

From Nurunnasihah Ahmad Rashid

KAZAN (Russia), May 15 (Bernama) -- Russia signalled its commitment to ongoing cooperation with Islamic countries in sectors including energy, industry, information technology (IT), construction, agriculture, finance, education, healthcare and tourism.

Ringgit Supported By Malaysia’s Strong Economic Outlook, Reform Momentum - BNM

KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).