There are 285 news based on search keyword "bac"

LPA Backs MPM’s Move To Position Labuan Port For International Cruise Handling

By Jailani Hasan

LABUAN, June 20 (Bernama) -- The Labuan Port Authority (LPA) is backing Labuan’s containerised port operator Megah Port Management Sdn Bhd (MPM) in its move to diversify its operations from core cargo handling activities to the handling of international cruise liners.

Indonesia's New Palm Oil Export Framework Draws Close Watch From Malaysia, Global Markets

JAKARTA, June 20 (Bernama) -- Indonesia's plan to tighten oversight of strategic commodity exports through a new state-linked monitoring framework is being closely watched by industry players in Malaysia as well as buyers and traders in major markets, with analysts assessing its potential implications for the global palm oil trade.

Ringgit Expected To Stay Softer Vs US Dollar Next Week

KUALA LUMPUR, June 20 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar next week amid persistent expectations of a possible US Federal Reserve (Fed) rate hike later this year.

Ringgit Closes Lower Against Greenback Amid Continued Expectation For Fed Rate Hike

By K. Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The ringgit closed lower against the US dollar on Friday as persistent expectations of a possible US Federal Reserve (Fed) interest rate hike later this year continued to drive the greenback.

Businesses Should Identify Pain Points Amid Rising Uncertainty - Economist

KUALA LUMPUR, June 19 (Bernama) -- Malaysian businesses should identify their operational pain points before making strategic decisions as the business landscape becomes increasingly uncertain, said AmBank Group chief economist Firdaos Rosli.

Bursa Malaysia Extends Winning Streak To Seven Sessions On Late Buying

By Siti Noor Afera Abu

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia’s composite index ended the week higher, extending its gains for a seventh consecutive session, supported by strong late-session buying in selected blue-chip counters.

Malaysia's Rise In IMD Ranking Reflects Sustained Reforms, Public-Private Cooperation - FMM

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's rise to 15th place in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking reflects sustained reform efforts and closer coordination between the public and private sectors, the Federation of Malaysian Manufacturing (FMM) said.

Malaysia Leads Sea Semiconductor Industry, Draws Global Partnerships -- Trade Minister

KUALA LUMPUR, June 19 (Bernama) -- Malaysia has the strongest semiconductor ecosystem in Southeast Asia, making it the top destination for collaboration among major technology players from Japan, South Korea, Taiwan, China and the United States.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, June 19 (Bernama) -- The ringgit opened higher against the US dollar today, recovering from yesterday's sharp decline amid cautious market sentiment following the US Federal Reserve's (Fed) latest policy decision.

Malaysia To 'Seriously' Look Into Expanding Settling Foreign Trade Payments In Local Currencies -- Anwar

KUALA LUMPUR, June 18 (Bernama) -- Malaysia will “seriously” explore using local currencies with trading partners to mitigate volatile foreign exchange risks, Prime Minister Datuk Seri Anwar Ibrahim said.

ACE Market-bound RT Pastry's IPO Oversubscribed By 59.96 Times

KUALA LUMPUR, June 18 (Bernama) -- RT Pastry Holdings Bhd’s initial public offering (IPO) shares made available to the Malaysian public have been oversubscribed by 59.96 times ahead of its scheduled listing on the ACE Market of Bursa Malaysia on June 29.

UOB Malaysia Enhances Privilege Banking, Aims To Double Affluent Clientele By 2028

KUALA LUMPUR, June 18 (Bernama) -- UOB Malaysia has enhanced its Privilege Banking offering with expanded wealth advisory services, personalised client support and lifestyle benefits as it targets to double its affluent customer base by 2028.