Local Institutions Extend Buying Streak To Six Weeks With RM120.3 Mln Inflow - MBSB IB

KUALA LUMPUR, Sept 7 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to six consecutive weeks, recording net inflows of RM120.3 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Ringgit Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Sept 7 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, buoyed by expectations of a potential United States (US) interest rate hike following stronger-than-expected US non-farm payrolls (NFP) data.

Getting Nuclear Power Into Energy Mix Inevitable, Malaysia Lays The Groundwork

By Arul Rajoo Durar Raj and Nor Baizura Basri

KUALA LUMPUR, Sept 6 (Bernama) -- Malaysia has been actively laying the groundwork to pave the way for a possible nuclear application in the country's energy mix, although it may not materialise in the foreseeable future.

BNM Holds OPR At 2.75 Pct As Growth Resilient, Inflation Contained

By Niam Seet Wei

KUALA LUMPUR, Sept 6 (Bernama) -- Sustainable economic growth, as well as contained inflation, were among the factors that led Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent.

Malaysia’s Fuel Supply Stable, But Oil Prices May Remain Elevated For 2-3 Years -- Nurhisham

By Nurul Hanis Izmir

PUTRAJAYA, Sept 6 (Bernama) -- Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, said the Prime Minister’s economic adviser Nurhisham Hussein.

Smart Energy, Talent Critical To Sustain Penang’s Semiconductor Growth - ABB

By Farhana Poniman

GEORGE TOWN, 6 Sept (Bernama) -- Reliable and sustainable power infrastructure, smart energy management and a skilled talent pool are critical to sustaining the growth of Penang’s semiconductor and electrical and electronics (E&E) sector amid the global artificial intelligence (AI) boom, ABB said.

BYD To Unveil Malaysia EV Development Plan Within A Week

From Samantha Tan Chiew Tieng

SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.

Rubber Trade Range-Bound With Slightly Lower Bias Next Week Amid Oil Price, Geopolitical Uncertainty

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 5 (Bernama) -- The Kuala Lumpur rubber market is expected to remain range-bound with a slightly lower bias next week, as supply and demand remain largely in equilibrium amid volatile crude oil prices and uncertainty arising from geopolitical tensions.

Gold Futures Likely To See Profit-Taking Ahead Of US Inflation Data

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to see some profit-taking early next week ahead of the release of key United States inflation data, said Quintex Intel global strategist Stephen Innes.

Bursa Malaysia Expected To Trade With A Positive Bias Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 5 (Bernama) -- Bursa Malaysia is expected to trade with a positive bias next week, underpinned by resilient domestic fundamentals and improving regional sentiment.

Some AirAsia Flights May Face Distruptions Due To Haze

KUALA LUMPUR, Sept 4 (Bernama) -- Some AirAsia flights may be distrupted due to the reduced visibility brought about by the haze across parts of East Malaysia and West Kalimantan. 

Harmonised Standards, ‘Single Window’ Clearance Key To Seamless Cross-border Trade For JS-SEZ

By Mohamad Syazwan Mustafa

SINGAPORE, Sept 4 (Bernama) -- Establishing a single-window trade system and harmonising regulatory standards between Malaysia and Singapore are vital steps to achieve seamless cross-border integration and fully unlock the economic potential of the Johor-Singapore Special Economic Zone (JS-SEZ), according to a leading express logistics company.