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.

Labuan Corporation Invites Investment Proposals For Eight Prime Assets

By Jailani Hasan

LABUAN, March 28 (Bernama) -- Labuan Corporation (LC) has issued a request for proposal (RFP) to local and foreign investors for the leasing and development of eight of its assets, including the site of the recently demolished Hotel Labuan.

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.

Gold Futures To Trade US$4,300-US$4,500 Next Week Amid West Asia Tensions

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a wide range of US$4,300 to US$4,500 next week amid market uncertainty over ongoing West Asia tensions.

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.

Gold Futures Slip As Investors Shift To US Dollar

KUALA LUMPUR, March 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to settle lower on Friday, as investors increasingly shifted to safe-haven assets like the US dollar.

Bursa Malaysia Inches Up At The Close As Heavyweight Stocks Provide Support

By Siti Noor Afera Abu

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia ended the week marginally higher, supported by strong gains in selected heavyweight stocks led by healthcare and construction sectors, in line with the generally positive performance across regional markets.

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.

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.

AM Best Affirms Excellent Ratings Of Nan Shan General

KUALA LUMPUR, March 27 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.

Bursa Malaysia Opens Higher As Govt Fuel Subsidy Measures Boost Sentiment

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia opened higher on Friday, outpacing regional peers as market sentiment improved following the government’s adjusted fuel subsidy measures, supporting fiscal stability and household affordability amid ongoing West Asia uncertainties.

99.27 Pct Shareholders Vote Yes For Sunway-IJM Takeover

KUALA LUMPUR, March 26 (Bernama) -- Sunway Bhd’s shareholders almost unanimously voted yes for the company’s takeover offer for IJM Corp Bhd in an extraordinary general meeting (EGM) today.