Shipping Firms Defer Sapangar Port Congestion Surcharge: Ewon

PENAMPANG, May 16 (Bernama) -- Shipping companies have agreed to defer the proposed congestion surcharge at the Sapangar Bay Container Port (SBCP) following a series of engagements with Sabah’s Ministry of Industrial Development, Entrepreneurship and Transport (MINDET).

ASEAN Sees Geopolitical Uncertainties As Opportunity To Accelerate Aviation Reforms

From Kisho Kumari Sucedaram 

BANGKOK, May 13 (Bernama) -- ASEAN sees the current geopolitical and economic uncertainties affecting the aviation sector as an opportunity to deepen regional cooperation and accelerate long-pending aviation reforms, according to ASEAN Deputy Secretary-General for the ASEAN Economic Community Satvinder Singh.

Rubber Market Ends Mixed In Tandem With Regional Rubber Futures

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 12 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, in tandem with regional rubber futures and the gains in crude oil prices, a dealer said.

Taiwan Seeks Negotiations To Update 1993 Bilateral Investment Agreement With Malaysia

KUALA LUMPUR, May 12 (Bernama) -- Taiwan has urged the Malaysian government to initiate negotiations to update the Malaysia-Taiwan Bilateral Investment Agreement (BIA) signed in 1993 to reflect today’s evolving global investment landscape.

RHB Gets BNM Approval To Start Tokio Marine Talks

KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.

Ringgit Closes Higher Against Regional Peers

By Abdul Hamid A Rahman

KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.

Late Selling Pushes Bursa Malaysia Into Negative Territory At Close

By Siti Noor Afera Abu

KUALA LUMPUR, May 11 (Bernama) -- Late selling pressure dragged Bursa Malaysia into negative territory at the close, reversing earlier gains as profit-taking in heavyweight banking and transportation counters dampen overall market sentiment.

Ringgit Opens Higher Against US Dollar Amid Ongoing West Asia Peace Talks

KUALA LUMPUR, May 11 (Bernama) -- The ringgit opened higher against the US dollar on Monday, as investors kept an eye on the ongoing peace negotiations over the West Asia crisis, an analyst said.

Malaysia, Cambodia Deepen Trade, Investment Links Via MCBA-FASMEC Partnership

KUALA LUMPUR, May 5 (Bernama) -- Malaysia and Cambodia are stepping up business cooperation, expanding opportunities across ASEAN and boosting cross-border partnerships, trade and investment.

Bursa Malaysia Opens Firmer On Foreign Inflows, IMF Optimism

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia opened higher on the first trading day of May, supported by continued net foreign inflows and bolstered by the International Monetary Fund’s (IMF) upbeat outlook on Malaysia’s economic prospects.

Rubber Market Ends Lower On Weaker Regional Futures, Hawkish Fed Outlook

By K. Naveen Prabu

KUALA LUMPUR, April 30 (Bernama) -- The rubber market closed lower today due to weaker regional rubber futures, said a trader.

Penang Does Not Need Supplementary Budget For Now - Chow

GEORGE TOWN, April 30 (Bernama) -- Penang does not require a supplementary budget for the time being as its financial position remains strong despite the global economic uncertainty.