EU-CBAM Implementation Costs For Malaysia's Iron, Steel Industry Could Reach RM970.7 Mln In 2026

KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.

Ringgit Eases Versus US Dollar, Ends Higher Against Other Major Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit ended lower against the US dollar although it strengthened versus other major currencies on Tuesday, as the greenback remained supported by stronger-than-expected US manufacturing data.

Ringgit Opens Higher Against Major Currencies, Nearly Unchanged Against US Dollar

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened higher against other major currencies and was almost unchanged versus the US dollar on Tuesday following the release of the US Institute for Supply Management (ISM) Manufacturing PMI data.

Press Metal To Raise PMB Technology Stake To 58.8 Pct In RM464.95 Mln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.

Ringgit Ends Lower Against US Dollar, Major Currencies As US Treasury Yields Rise

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.

Tenaga Nasional Deeply Committed To Energy Sovereignty – TNB Genco Managing Director

By Mikhail Raj Abdullah

KUALA LUMPUR, Aug 3 (Bernama) -- Tenaga Nasional Bhd is deeply committed to energy sovereignty by strengthening resilience, safeguarding energy security and accelerating sustainable growth.

Nippon Paint China Makes ARCHIDEX 2026 Debut As It Eyes Southeast Asian Markets

KUALA LUMPUR, Aug 3 (Bernama) – As Southeast Asia accelerates the adoption of green building standards and upgrades its manufacturing base, demand for energy-saving and efficiency-enhancing technologies in the construction and industrial sectors continues to grow, creating new opportunities for Chinese building materials companies to expand across the region.

Ringgit Opens Higher Against US Dollar Ahead Of Key Us Economic Data

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.

Ringgit Ends Week Marginally Higher Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 31 (Bernama) -- The ringgit ended the week marginally higher against the US dollar following weaker-than-expected US economic data although sentiment towards the greenback remained firm, as expectations of a Federal Reserve (Fed) interest rate hike in September stayed intact.

MISC Secures Long-term LNG Carrier Charter Contract From Malaysia LNG

KUALA LUMPUR, July 31 (Bernama) -- MISC Bhd has been awarded a contract from Malaysia LNG Sdn Bhd (MLNG), the operator of Petronas liquefied natural gas (LNG) Complex in Bintulu, Sarawak, for a long-term charter of a newbuild 18,700 cubic metres (cbm) LNG carrier (LNGC).

Ringgit Opens Higher As Weaker US Data Weighs On Dollar

KUALA LUMPUR, July 31 (Bernama) -- The ringgit opened higher against the US dollar on Friday as the greenback weakened following softer United States (US) economic data, an analyst said.

Ringgit Closes Mostly Higher Regionally, Unchanged Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 30 (Bernama) -- The ringgit closed mostly higher against regional currencies and was flat against the US dollar on Thursday, following the latest US Federal Open Market Committee (FOMC) decision to stand pat.