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Malaysia To Show Strong Leadership To Address US Tariff

KUALA LUMPUR, April 9 (Bernama) -- Malaysia will demonstrate strong leadership and act responsibly within ASEAN to address the United States' latest tariff measures, said National Chamber of Commerce and Industry of Malaysia (NCCIM) vice-president Datuk AT Kumararajah.

WCT Shareholders Approve Paradigm REIT Listing On Bursa Malaysia

KUALA LUMPUR, April 9 (Bernama) -- Shareholders of WCT Holdings Bhd have approved the proposed listing of Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia Securities Bhd.

BNM Museum Launches Two Exhibitions Celebrating ASEAN Currencies, Cultures

By Harizah Hanim Mohamed

KUALA LUMPUR, April 9 (Bernama) -- Bank Negara Malaysia (BNM) Museum and Art Gallery (MAG) is organising two new exhibitions in conjunction with the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting.

ASEAN+3 To Operationalise Rapid Financing Facility To Help Financially Distressed Members

By Harizah Hanim Mohamed

KUALA LUMPUR, April 9 (Bernama) -- ASEAN+3 ministers will operationalise the Rapid Financing Facility (RFF), aimed at helping financially distressed member countries to cushion against exogenous shocks or financial problems caused by external factors.

 

LGMS Signs MoU With Antarex

KUALA LUMPUR, April 9 (Bernama) -- In an effort to expand its coverage, LGMS Bhd, a Bursa Malaysia-listed company specialising in cybersecurity, will collaborate in strategic regional cybersecurity initiatives with Antarex Holdings Sdn Bhd (AHSB) and its major shareholders after signing a memorandum of understanding (MoU) here today. 

ASEAN+3 To Enhance Initiatives For Greater Self-reliance In Addressing Global Challenges

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 9 (Bernama) -- Ten ASEAN member countries, including China, Japan, and South Korea (ASEAN+3), have agreed to intensify initiatives to ensure more self-reliance, particularly in addressing the reciprocal tariff policies by the United States.

Local Rubber Market Extends Downtrend, Tracking Losses In Regional Market

KUALA LUMPUR, April 9 (Bernama) -- The Malaysian rubber market continued to close lower on Wednesday, dragged by huge losses in regional rubber futures markets, a dealer said.

Sapura Energy Secures RM40 Mln Offshore Facilities Contract

KUALA LUMPUR, April 9 (Bernama) -- Sapura Energy Bhd’s wholly owned subsidiary, Sapura Fabrication Sdn Bhd, has secured a RM40 million contract for maintenance, construction and modification services for offshore facilities in Peninsular Malaysia.

Broad-based Selling Drags Bursa Malaysia Down, With FBM KLCI Just Above 1,400-level

By Anas Abu Hassan

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia extended its downtrend to close lower today as broad-based selling was seen across the board amid the escalating global trade war, with the benchmark index hovering just above the 1,400-level.

PNB To Strengthen Portfolio By Exiting Legacy Investments

By Karina Imran

KUALA LUMPUR, April 9 (Bernama) -- Permodalan Nasional Bhd (PNB) is looking to exit its positions in legacy investments, allowing it to strengthen other asset classes, including fixed income, said its deputy president and group chief executive officer, Datuk Rick Ramli.

Equity, Financial Markets Capable Of Navigating Heightened Tariff-led Volatility -- Amir Hamzah

By Zarul Effendi Razali

KUALA LUMPUR, April 9 (Bernama) -- Malaysian equity and financial markets are capable of navigating the heightened tariff-led volatility, driven by strong institutional support during the period and ample liquidity, said  Finance Minister II Datuk Seri Amir Hamzah Azizan.

There Is No Winner In This Tariff Spat -- Andrew Sheng

KUALA LUMPUR, April 9 (Bernama) -- There will be no winner in the United States (US) sweeping global tariffs and similar responses from other countries, and the only way forward is through negotiation to minimise the damage, said former Bank Negara Malaysia assistant governor Tan Sri Andrew Sheng.