Bursa Malaysia Edges Higher In Early Trade

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by bargain hunting following yesterday’s losses and renewed buying interest in selected heavyweight counters, although cautious sentiments abound due to Wall Street’s weaker overnight performance.

Ringgit Opens Higher Against US Dollar Ahead Of 2Q GDP Print

KUALA LUMPUR, Aug 12 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, ahead of Malaysia’s second quarter (2Q) gross domestic product (GDP) official data, slated to be released on Aug 14, an economist said. 

Gold Futures End Higher On Continued PBOC Buying

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by continued buying by the People's Bank of China (PBOC). 

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit closed higher on Tuesday against most major currencies but eased against the greenback ahead of the release of key US inflation data.

Tabung Haji Investment Losses Not All Due To Misconduct – Aminuddin

KUALA LUMPUR, Aug 11 (Bernama) -- Port Dickson Member of Parliament Datuk Seri Aminuddin Harun stated that discussions regarding investments by Lembaga Tabung Haji (TH) must be conducted fairly, as every investment carries risks, and not all losses incurred are due to misconduct.

Tengku Zafrul Calls For Stronger ASEAN Cooperation To Bolster Energy Security

KUALA LUMPUR, Aug 11 (Bernama) -- ASEAN needs stronger regional cooperation to bolster energy security and address the capital coordination challenges facing the region’s energy transition, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

Kuala Lumpur Rubber Market Ends Higher In Line With Regional Gains

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, buoyed by gains in regional rubber futures and firmer crude oil prices, a dealer said.

TH Impairment Policy Changed Twice In A Day For 2017 Profit Levels

KUALA LUMPUR, Aug 11 (Bernama) – The impairment policy of Lembaga Tabung Haji (TH) was changed from 70 per cent to 85 per cent and then 90 per cent within one day for financial year 2017, thus allowing the year's profits to be increased for the payment of profit distributions, according to the Royal Commission of Inquiry (RCI) Report.

Asian Captive Conference 2026 To Focus On Emerging, Complex Risks

KUALA LUMPUR, Aug 11 (Bernama) -- The 8th Asian Captive Conference (ACC) 2026 will focus on the role of captive insurance in helping organisations manage emerging and increasingly complex risks amid a volatile global environment.

Malaysia-Hong Kong Dual IPO Listing Framework To Take Effect Next Month - Anthony Loke

KUALA LUMPUR, Aug 11 (Bernama) -- The simplified dual initial public offering (IPO) listing framework between Malaysia and Hong Kong will take effect next month, further strengthening capital market linkages between the two economies.

Mavenir Appoints Jitin Bhandari As EVP To Lead NeoCloud Expansion

KUALA LUMPUR, Aug 11 (Bernama) -- Mavenir has appointed Jitin Bhandari as Executive Vice President (EVP), NeoCloud Platform and Forward Deployment Engineering.

NEEAP 2.0 Aims RM85.2 Bln Utility Saving, Cut Energy Demand By 11.6 Pct

KUALA LUMPUR, Aug 11 (Bernama) -- The National Energy Efficiency Policy and Action Plan 2026–2035 (NEEAP 2.0) aims to deliver RM85.24 billion in utility savings, reduce national energy demand by 11.6 per cent, and achieve cumulative energy savings of 815,383 terajoules (TJ) by 2035.