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Ringgit Seen At 3.70 VS Greenback By End-2026 - MUFG

KUALA LUMPUR, Feb 12 (Bernama) -- MUFG Bank Ltd expects the ringgit to strengthen toward 3.70 against the US dollar by end-2026, underpinned by a more durable appreciation cycle driven by structural fundamentals.

Bursa Key Index Falls 0.32 Pct As Profit-taking Weighs On Market

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia finished today’s trading in negative territory, with the key index losing 0.32 per cent, while the broader market saw losers outnumbering gainers amid profit-taking and weak sentiment ahead of the Chinese New Year break next week.

Rubber Market Closes Lower Amid Mixed Oil Prices, Stronger Ringgit

KUALA LUMPUR, Feb 12 (Bernama) -- The Kuala Lumpur rubber market closed lower on Thursday, amid mixed crude oil prices, reflecting a stronger ringgit and weaker performances in regional rubber futures markets, a trader said.

Dmitry Shubov: Southeast Asian Legal-Tech Startups Must Comply With US AI Laws

KUALA LUMPUR, Feb 12 (Bernama) -- Southeast Asian legal-tech firms seeking to enter the United States market must ensure compliance with the United States (US) federal and state artificial intelligence (AI) laws before approaching US investors or launching products for US customers, amid growing regulatory enforcement, according to Dmitry Shubov Consulting.

MIDA Expects More Quality-driven Investments Under New Incentive Framework -- Tengku Zafrul

KUALA LUMPUR, Feb 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) anticipates more quality-driven investments that will generate meaningful spillover benefits for the Malaysian economy under the New Incentive Framework (NIF).

Ringgit Opens Higher Against US Dollar On Steady Domestic Sentiment

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened higher against the US dollar, despite a firmer greenback, as continued confidence in Malaysia’s economic fundamentals supported the local currency.

MOF: No Pending Regulatory Issues Related To Binance

KUALA LUMPUR, Feb 11 (Bernama) -- Bases on current assessments, no outstanding regulatory issues have been identified so far in relation to Binance that would require the Securities Commission Malaysia (SC) to take action, according to the Ministry of Finance (MOF).

SC Finalising Licensing Framework For Cash Trust Schemes

KUALA LUMPUR,  Feb 11 (Bernama) -- The Securities Commission Malaysia (SC) is finalising a licensing framework for cash trust schemes that invest in capital market products, the Ministry of Finance (MOF) said.

Bursa Malaysia Ends Higher On Buying Of Selected Blue Chips

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia ended higher today as buying on selected blue chips continued, said a brokerage.  

Greg Norman Joins DayOne As Board Advisor

KUALA LUMPUR, Feb 11 (Bernama) -- DayOne Data Centers Limited (DayOne), a Singapore-headquartered global hyperscale data centre platform, has appointed Greg Norman as a Board Advisor to support its long-term strategy for global expansion and sustainable growth across Asia-Pacific and Europe.

States Should Build On Their Own Strengths Under NIMP 2030 – InvestPenang

KUALA LUMPUR, Feb 11 (Bernama) -- Penang’s long-established electrical and electronics (E&E) ecosystem highlights the importance of other Malaysian states building on their own strengths under the National Industrial Master Plan (NIMP) 2030, said InvestPenang.

Ringgit Opens Flat Against Greenback Amid Caution Ahead Of US Labour Data

KUALA LUMPUR, Feb 11 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Wednesday, as investors adopt a cautious stance ahead of key United States labour market data release.