Revised RP3 Gas Facility Base Tariff Doesn't Result In Higher Overall Gas Prices - FMM

KUALA LUMPUR, Dec 25 (Bernama) -- The revised gas facility base tariff for the Third Regulatory Period (RP3) from January 2026 to December 2028 does not translate into a higher overall gas price for end-users in the near term, says the Federation of Malaysian Manufacturing (FMM).

Ringgit Rises To 4.04 As Investor Confidence Strengthens; Economist Foresees Return To 3.82

KUALA LUMPUR, Dec 25 (Bernama) -- With less than a week remaining before the close of 2025, the ringgit continued its upward momentum, trading around 4.04 against the US dollar, its highest level in nearly five years.

PHB Appoints Mazuki Abdullah Group Managing Director

KUALA LUMPUR, Dec 25 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has appointed Mazuki Abdullah @ Muhammad as its new group managing director, effective Jan 1, 2026.

CPO Futures Close Mix On Weaker Output Expectations

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 24 (Bernama) -- CPO futures on Bursa Malaysia Derivatives closed mixed on Wednesday, as expectations of weaker output provided support despite the mixed sentiment, said palm oil trader David Ng.

Gold Futures End Higher, In Line With US COMEX

KUALA LUMPUR, Dec 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in the US COMEX.

Ringgit Continues To Soar Against Greenback As US Consumer Confidence Remains Weak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak. 

Christmas Comes Early As Bursa Malaysia Ends At Nearly 16-Month High

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia closed at a nearly 16-month high on Christmas Eve, extending its gains for a fifth consecutive session amid steady market participation and improving domestic sentiment.

Borneo Oil's Associate Verde Resources Applies For Nasdaq Listing

KUALA LUMPUR, Dec 24 (Bernama) -- Borneo Oil Bhd’s quoted investment, Verde Resources Inc, has applied to list its common stock on the Nasdaq stock market, in conjunction with a proposed underwritten public offering in the United States.

Window Dressing Lifts FBM KLCI To Over 15-month High At Midday

KUALA LUMPUR, Dec 24 (Bernama) -- Year-end window dressing continued to support Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), keeping the index above a 15-month high at midday.

Comprehensive Policy Needed To Uplift Labuan Economy, Says Academic

LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.

FBM KLCI Opens Lower On Mild Profit-taking

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Wednesday as mild profit-taking emerged following its recent rally, with trading activity typically softening during the holiday week.

Ringgit Climbs To Five-year New High On Weaker Greenback In Early Trade

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit climbed to another five-year new high against the US dollar in early Wednesday trade, supported by a weaker greenback as the US dollar index (DXY) weakened.