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Ringgit eases against US dollar after Fed holds interest rates
KUALA LUMPUR, March 19 — The ringgit eased against the US dollar at today’s close following the United States Federal Reserve’s (Fed) decision to keep interest rates unchanged, providing support to the greenback. The market in Malaysia will be closed
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Bursa Malaysia dips 9.1 points as late selling hits key sectors ahead of Hari Raya
KUALA LUMPUR, March 19 — Bursa Malaysia ended lower today due to late selling in selected heavyweights, particularly in the healthcare, utilities and financial services sectors and was also in sync with regional market weakness. At 5 pm, the FTSE Bursa
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Ringgit gains against yen, pound and euro but softens against US dollar
KUALA LUMPUR, March 19 — The ringgit opened higher against major currencies but eased against the US dollar this morning as cautious global sentiment continued to weigh on emerging market currencies. At 8 am, the local currency softened to 3.9300/9400
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World Bank’s International Finance Corp invests RM60m as cornerstone investor in Sunway Healthcare IPO
KUALA LUMPUR, March 18 — The World Bank Group, through the International Finance Corporation (IFC), has invested RM60 million as a cornerstone investor in Sunway Healthcare Holdings Bhd’s initial public offering (IPO). IFC said the investment will enable the company
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Bursa Malaysia ends higher on regional gains, KLCI up 1.10pc
KUALA LUMPUR, March 18 — Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 18.82 points or
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Bursa Malaysia, subsidiaries to close March 20–23 for Hari Raya Aidilfitri
KUALA LUMPUR, March 18 — Bursa Malaysia and its subsidiaries will be closed from Friday to Monday (March 20-23, 2026) in conjunction with the upcoming Hari Raya Aidilfitri public holiday. In a statement today, the exchange said Bursa Malaysia and
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Myanmar imposes 5pc special goods tax on imported electric vehicles
YANGON, March 18 — Myanmar has imposed a 5 per cent special goods tax on imported battery electric vehicles (BEVs) under the 2026 Union Tax Law, the state-owned daily The Global New Light of Myanmar reported today, reported Xinhua. According to the
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Currencies tread water as easing oil prices calm markets ahead of key central bank meetings
TOKYO, March 18 — The US dollar inched higher today as easing crude oil prices steadied currency markets ahead of a series of central bank meetings. The greenback was little changed against the British pound and Japanese yen, which pulled
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Binastra wins RM316.5m Subang Jaya mixed development job, but shares dip to RM2.03 in midday trade
KUALA LUMPUR, March 18 — Binastra Corp Bhd’s wholly owned subsidiary, Binastra Builders Sdn Bhd, has secured a contract worth RM316.5 million from HCK Sentral Sdn Bhd for a mixed development project in Subang Jaya, Selangor. The contract covers Phase
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As Sabah OGSE firms land more contracts, Petronas pledges support for local industry
KOTA KINABALU, March 18 — Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic
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