Newsfeed – Business News
Ringgit retreats after three‑day rally as global tensions and hawkish banks weigh
KUALA LUMPUR, May 22 — The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance […]
Bursa Malaysia ends higher as bargain hunting lifts FBM KLCI, sentiment steadies on easing West Asia tensions
KUALA LUMPUR, May 22 — Bursa Malaysia ended higher on Friday as bargain hunting resurfaced following several weak trading sessions. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose […]
Farm Fresh net profit climbs to RM129.6m as revenue tops RM1b milestone
KUALA LUMPUR, May 22 — Farm Fresh Bhd posted a higher net profit of RM129.61 million for the financial year ended March 31, 2026 (FY2026), compared with RM106.40 million in […]
Ringgit opens firmer on easing West Asia tensions, stronger economic outlook
KUALA LUMPUR, May 22 — The ringgit opened firmer against the US dollar and major currencies on Friday, supported by easing geopolitical tensions in West Asia and Malaysia’s improving macroeconomic […]
How oil prices, capital flight and weak currencies are creating a perfect storm in Asia
SINGAPORE, May 21 — Asia’s policymakers are taking increasingly urgent and unusual steps to shore up their economies on the front line of the global energy supply shock, with currencies […]
Volvo faces legal action in Thailand over battery fires in EX30 SUVs
BANGKOK, May 21 — Thailand’s consumer watchdog will file a civil suit against the local unit of Volvo Cars over battery-related fires in its EX30 model, a senior official told […]
Construction costs in Malaysia rise up to 15pc as diesel prices bite, says contractors group
KOTA BHARU, May 21 — The increase in diesel prices has affected the construction industry, with building material costs currently rising by between 20 and 30 per cent, said the […]
Miti ramps up aid for Malaysian firms hit by global supply disruptions
KUALA LUMPUR, May 21 — The Ministry of Investment, Trade and Industry (Miti) and its agencies continue to prioritise the stability and competitiveness of Malaysian industries facing the current global […]
Malaysia and China sign new port agreements to boost supply chain resilience
PUTRAJAYA, May 21 — Malaysia and China continue to strengthen maritime cooperation following the signing of several memoranda of understanding (MoUs) between ports from both countries at the China-Malaysia Port […]
DOSM: Malaysia’s labour productivity rises 4.8pc in Q1 2026
PUTRAJAYA, May 21 — Malaysia’s labour productivity stood at RM45.5 per hour worked in the first quarter of 2026, growing by 4.8 per cent compared with 5.8 per cent in […]