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Japan Seeks To Expand Investment In Malaysia’s Digital, High-tech Sectors

KUALA LUMPUR, March 29 (Bernama) — Japan is aiming to expand its investment in Malaysia’s digital industry, encompassing niche areas such as high-tech chip products and data centres.

Rubber Market Seen Trending Higher Next Week On Stronger Demand

By K. Naveen Prabu

KUALA LUMPUR, March 28 (Bernama) -- The rubber market is expected to trend higher next week, supported by stronger demand for the commodity amid supply disruptions in the global synthetic rubber segment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Bursa Malaysia To Remain Cautious Next Week As West Asia Conflict Dents Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as the unresolved West Asia conflict continues to shape global market direction.

FBM KLCI Futures Seen Consolidating Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, March 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to consolidate next week, reflecting the cautious sentiment in the underlying cash market.

Solar Energy A Major Alternative For Power Generation Amid West Asia Conflict - Citizens International

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, March 27 (Bernama) -- Solar energy has become an important electricity generation alternative to replace oil, gas, and coal which are in short supply due to the ongoing conflict in West Asia, according to non-governmental organisation (NGO) Citizens International.

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.

Abaxx Futures Now Live On TMX Trayport’s Joule Platform

KUALA LUMPUR, March 27 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, and TMX Trayport announced that Abaxx futures are now available for trading via TMX Trayport’s Joule platform.

MEF Supports Govt’s Fuel Rationalisation, Urges Conservation In Usage

KUALA LUMPUR, March 27 (Bernama) --  The Malaysian Employers Federation (MEF) emphasises that all segments of society must play a proactive and responsible role in conserving fuel and ensuring sustainable energy usage amid ongoing 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.

Subsidies Under RON95, BUDI Diesel Hit RM4 Bln Monthly - MOF

PUTRAJAYA, March 26 (Bernama) -- The government is bearing petrol and diesel subsidies estimated at up to RM4 billion a month under the implementation of the BUDI MADANI RON95 (BUDI95) and BUDI Diesel programmes, following the rise in global crude oil prices.

Move To Adjust BUDI95 Quota Temporarily A Reasonable Step To Reduce Subsidy Payout, Govt Spending

By Mikhail Raj Abdullah

KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.

Govt To Maintain Fiscal Discipline, Curb Leakages To Sustain Economic Growth -- PM Anwar

KUALA LUMPUR, March 26 (Bernama) -- The government will continue to uphold fiscal discipline and curb waste and leakages to ensure Malaysia’s economic growth momentum remains sustainable, said Prime Minister Datuk Seri Anwar Ibrahim.