Gold Futures Close Lower Due To Stronger US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday as a stronger US dollar continued to weigh on the precious metal.

Luno, Halogen Capital, Kenanga Investors In Tie-up To Explore Ringgit-Pegged Stablecoin

KUALA LUMPUR, Sept 24 (Bernama) -- Luno Malaysia Sdn Bhd has formed a strategic collaboration with Halogen Capital Sdn Bhd and Kenanga Investors Bhd to explore the use of a fully reserved, ringgit-pegged stablecoin (UMYR) as an on-chain settlement instrument for tokenised money market funds.

SLGC IPO Oversubscribed 3.1 Times Ahead Of ACE Market Listing

KUALA LUMPUR, Sept 24 (Bernama) -- SLGC Bhd’s initial public offering (IPO) has been oversubscribed by 3.1 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities.

Bangladesh Seeks Malaysia’s Expertise To Boost Halal Exports Into Southeast Asia

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 24 (Bernama) -- Bangladesh is looking to leverage Malaysia’s expertise in halal certification and regulatory standards to strengthen its halal ecosystem and expand its halal exports into the Southeast Asian market, said Bangladesh High Commissioner to Malaysia Manjurul Karim Khan Chowdhury.

Ringgit Ends Higher Against Major Currencies, Eases Versus US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit ended higher against major currencies on Thursday but weakened against the greenback as upbeat United States economic data reinforced expectations of further interest rate hikes by the US Federal Reserve (Fed).

AGC Biologics, Flen Health Partner On Wound Treatment Development

KUALA LUMPUR, Sept 24 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has been selected by Belgian biopharmaceutical company Flen Health as its CDMO partner to provide process development, scale-up and Good Manufacturing Practice (GMP) manufacturing services for a new and improved wound and skin healing product.

Extensive Rail Networks, Higher Renewable Capacity Can Cushion Malaysia Against Oil Shocks -- Tengku Muhammad Fa-iz Petra

KUALA LUMPUR, Sept 24 (Bernama) -- Building comprehensive rail networks and increasing utility-scale renewable capacity could be a long-term solution to reduce Malaysia’s exposure to external energy shocks, according to Dr Tengku Muhammad Fa-Iz Petra ibni Almarhum Sultan Ismail Petra.

Bursa Malaysia Ends Lower On Rising Oil Prices, Elevated Bond Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended lower on Thursday, weighed down by moderate selling pressure interspersed with buying activity as renewed hikes in oil prices and elevated global bond yields dampened investor sentiment, said an analyst.

RobotPlusPlus Expands Industrial Automation With HighMate Robots At SMM 2026

KUALA LUMPUR, Sept 24 (Bernama) -- RobotPlusPlus, an engineering-led developer of working-at-height robots, is expanding industrial automation into cleaning, coating and corrosion-control applications with its HighMate Series, led by the HighMate AP-F-CO Coating Robot + VOC Recovery System.

LB Group Expands Malaysia Footprint With RM1 Bln Facility In Kedah

KUALA LUMPUR, Sept 24 (Bernama) -- China-based titanium dioxide and inorganic chemical materials manufacturer, LB Group Co Ltd, has expanded its footprint in Malaysia with the launch of a new facility at the Gurun Heavy Industrial Park (GHIP) in Kedah, representing a total investment of RM1 billion.

DALI Alliance Opens Submissions For 2027 Lighting Awards 

KUALA LUMPUR, Sept 24 (Bernama) -- The DALI Alliance has opened submissions for the 2027 DALI Lighting Awards, inviting innovative lighting projects worldwide that demonstrate the capabilities of DALI technology. 

Financing For Priority Sectors Still Modest Despite Policy Ambitions -- BNM Governor

KUALA LUMPUR, Sept 24 (Bernama) -- Financing for catalytic priority sectors has remained relatively modest despite strong policy ambitions in national master plans, with lending approvals continuing to be concentrated in services, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.