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Asia

Market Chatter: Malaysia to Hike Prices of Unsubsidized Petrol

Malaysia will raise prices for unsubsidized RON95 and RON97 petrol starting April 30, ending a brief run of declines over the past two weeks, FMT reported Wednesday, citing the Finance Ministry said.RON95 increased by 0.10 ringgit to 3.97 ringgit per litre, while RON97 is set to go up by 0.05 ringgit to 4.90 ringgit per litre. Diesel prices in Peninsular Malaysia will remain unchanged at 5.12 ringgit per litre.Subsidised fuel rates are unchanged, with RON95 under the BUDI95 scheme staying at 1.99 ringgit per litre, and diesel in Sabah, Sarawak and Labuan maintained at 2.15 ringgit. Other controlled schemes, including SKPS and SKDS, also remain steady until May 6, reportedly.The ministry said global oil prices remain high due to supply disruptions from damaged facilities in the Middle East. It urged careful fuel use, adding that the government will keep working to reduce the impact of rising energy costs on consumers, the news outlet said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
Asia

Market Chatter: Malaysian Manufacturing Sector Under Burgeoning Cost Pressures

Malaysia's manufacturing sector is being squeezed by rising cost burdens, with more than two-thirds of companies reporting at least a 10% increase in production and operating expenses, The Star reported Thursday, citing the Federation of Malaysian Manufacturers (FMM).In response, authorities have approved a temporary waiver of import duties and sales tax until Dec. 31 for Malaysian goods returned due to export disruptions. An April survey cited by FMM showed 90.5% of manufacturers are already affected or expect to be, while 74.5% report cash flow pressure and 18.2% face disruptions to orders and supplier payments, according to the report.To stabilize supply chains, the Health Ministry has secured cooperation with China to strengthen access to key inputs for medical devices, including resin and naphtha. FMM is urging similar arrangements for other critical materials such as sulphur, ammonia and selected polymers, alongside proposals for a Business Resilience Fund and expanded tax relief to offset logistics costs from ongoing geopolitical and shipping challenges, the news outlet said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
International

ADB Cuts Economic Growth Projections for Developing Asia Amid Middle East Crisis

The Asian Development Bank sharply downgraded its economic growth forecasts for developing Asia and the Pacific while raising inflation projections, citing prolonged disruptions from the Middle East conflict that are driving up energy prices and tightening financial conditions.The bank now expects regional growth of 4.7% in 2026 and 4.8% in 2027, down from its earlier forecast of 5.1% for both years. Meanwhile, inflation is projected to accelerate to 5.2% this year before slowing to 4.1% in 2027, according to the latest ADB report.ADB said the revisions reflect sustained pressure on oil and gas prices, with crude expected to average about $96 per barrel in 2026, significantly higher than pre-conflict levels, weighing on fuel-importing economies.Under a more severe scenario, growth could ease further to 4.2% this year and 4% next year, while inflation may spike to 7.4% in 2026, the bank added, urging targeted fiscal support and measured monetary responses.

^DSE^HNX^HOSEHang Seng^JKSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINifty 50^PSEI^SETShanghai Composite^STI^SZECTaiwan Weighted^YSX
Asia

Malaysian Shares End in Red Amid Mixed Regional Cues, Oil Price Concerns; Jasa Kita's Shares Rally 13%

Malaysian shares ended in the red zone mid-week, amid a mixed regional performance. The investors could not find positive cues as rising oil prices continue to burden the economy.The FTSE Bursa Malaysia KLCI shed 9.18 points to end 0.5% lower at 1,720.42. The day range was between 1,718.45 and 1,733.84.In economic news, Malaysia's inflation rose 1.4% in 2025, with the consumer price index increasing to 134.6 from 132.8 a year earlier, the Department of Statistics Malaysia said. The uptick was mainly driven by a 1.6% rise in housing and utilities prices, a 1.2% increase in health index, and a 1.1% rise in recreation and culture, among others.In local news, Malaysia is seeing early signs of cost pressures in its domestic food supply chain, although price movements for selected food items remain within a controlled range, The Star reported.In corporate news, Skyechip (KLSE:SKYECHIP) is seeking to raise 352 million ringgit via an IPO on the ACE Market of Bursa Malaysia. The integrated circuit (IC) design company's IPO entails a public issue of 400 million new shares at 0.188 ringgit each.Shares of Jasa Kita (KLSE:JASKITA) jumped about 13% on close after it disclosed plans to acquire a 100% stake in KT System for 10 million ringgit.

FTSE Bursa Malaysia KLCIKLSE:JASKITAKLSE:SKYECHIP
Asia

Market Chatter: Malaysia Seeing Food Supply Chain Pressures Amid High Oil Prices

Malaysia is seeing early signs of cost pressures in its domestic food supply chain, although price movements for selected food items remain within a controlled range, The Star reported Tuesday, citing Economy Minister Akmal Nasrullah Mohd Nasir.He noted that between April 20 and April 22, price changes for key food items stayed below 10%, with standard chicken rising 3.3% to 9.70 ringgit per kg and Grade C eggs up 7.3% to 3.93 ringgit per 10 eggs, while beef prices fell 3.8%. Seafood prices were mixed, reportedly.Akmal Nasrullah said the trends signal emerging input and logistics cost pressures, prompting the government to step up monitoring across the supply chain, including fertilizer, fuel, transport and production costs.Separately, the minister said electricity supply remains stable despite rising demand and higher fuel costs, with coal and gas prices posing key risks to generation costs. The government aims to cushion the impact on consumers, with about 85% of households remaining exempt from fuel cost adjustments, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
International

Malaysia's Inflation Rises 1.4% in 2025

Malaysia's inflation rose 1.4% in 2025, with the consumer price index increasing to 134.6 from 132.8 a year earlier, the Department of Statistics Malaysia said Wednesday.The uptick was mainly driven by a 1.6% rise in housing and utilities prices, a 1.2% increase in health index, and a 1.1% rise in recreation and culture, among others.Among the fast-growing categories, personal care and miscellaneous goods recorded the largest increase at 4.4%, followed by insurance and financial services at 3.4%, restaurants and accommodation at 3.2%, and education 2.3%.Food and beverages rose 2.1%, while alcoholic beverages and tobacco edged up 0.9% during the year.In contrast, prices for information and communication declined 4.3%, while clothing and footwear slipped 0.2% in 2025, the data showed.

FTSE Bursa Malaysia KLCI
Asia

Malaysian Shares End in Green Bucking Regional Losses; Uzma's Shares Rally 6%

Malaysian shares rebounded to end in green, bucking a downbeat regional performance. The investor sentiment improved with selective buying in index-linked counters.The FTSE Bursa Malaysia KLCI gained 12.33 points to end 0.7% higher at 1,729.60. The day range was between 1,714.12 and 1,729.60.In corporate news, shares of Uzma (KLSE:UZMA) rose about 6% on close after its unit Uzma Engineering secured a letter of award from Petronas Carigali to provide leasing, operations and maintenance of a Portable Water Injection Module for the Bayan Redevelopment Phase 3 project.KIP Real Estate Investment Trust's (KLSE:KIPREIT) distribution per unit stood at 0.0173 ringgit in the fiscal third quarter ended March 31. Profit jumped 31.4% to 18.2 million ringgit from 13.8 million ringgit a year earlier, driven by stronger contributions from existing assets and acquisitions. Shares ended flat today.Whereas, shares of Samaiden Group (KLSE:SAMAIDEN) fell 3% on Tuesday's close after it completed its acquisition of two parcels of leasehold land in Perak, Malaysia, following payment of the balance purchase price of 41 million ringgit.

FTSE Bursa Malaysia KLCIKLSE:KIPREITKLSE:SAMAIDENKLSE:UZMA
Asia

Malaysian Shares End in Red Amid Oil Price Concerns, Mixed Regional Cues

Malaysian shares ended losses to end in the red zone, amid a mixed regional performance. The investors could not find positive cues as rising oil prices continue to burden the economy.The FTSE Bursa Malaysia KLCI shed 3.07 points to end 0.2% lower at 1,717.27 The day range was between 1,717.27 and 1,731.79.In economic news, Malaysia's Producer Price Index (PPI) rose 1.1% year on year in March, reversing a 3.4% decline in February and marking the first increase since March 2025, the Department of Statistics Malaysia reported.The mining sector surged 26.5%, driven by a 38.5% jump in crude oil extraction, while the water supply index rose 11.3% and electricity and gas supply increased 9.6%.In corporate news, Gold Li (KLSE:GOLDLI) is seeking to raise 15.2 million ringgit via an IPO on the ACE Market of Bursa Malaysia. The property developer's IPO entails a public issue of 117 million new shares at 0.13 ringgit each, and an offer for sale of 36 million shares.Shares of Dialog Group (KLSE:DIALOG) gained about 3% on close after it completed the disposal of Dialog Diyou PCR via its unit Dialog Chemicals.

FTSE Bursa Malaysia KLCIKLSE:DIALOGKLSE:GOLDLI
International

Asia Week Ahead: Central Bank Decisions; Inflation Prints; and Trade Data

For the week ahead in Asia, the economic calendar is packed with major data releases, central bank decisions and inflation updates across the region.Monday brings China's first-quarter industrial profits data, as well as Malaysia's producer prices.On Tuesday, markets will turn to the Bank of Japan's interest rate decision, alongside trade figures from Hong Kong and Macao, and India's March production report.Wednesday features Thailand's central bank rate decision and Australia's closely watched quarterly inflation print, while Thursday brings China's official and private PMI readings.On Friday, Japan's Tokyo core inflation reading will be in focus, along with South Korea's April trade data.Here's what to watch in the week ahead.MONDAY, April 27The week kicked off with the release of China's industrial profits data for the first quarter.The total profits of China's industrial enterprises rose 15.5% year on year to 1.696 trillion yuan during the first three months of 2026, with increases seen in the mining, manufacturing, technology, and chemical industries.A drop in profits was witnessed in the utilities industry, as well as the electricity and heat and agricultural industries, data from the National Bureau of Statistics showed.Singapore disclosed its manufacturing output stats for March, highlighting a 10.1% jump in production thanks to strong growth across almost all clusters.Malaysia's producer prices rose in March for the first time in a year, driven largely by a rebound in the mining sector, according to Trading Economics.Producer prices climbed 1.1% year on year, reversing a 3.4% decline in the previous month.Meanwhile, Taiwan's consumer confidence index edged up to 62.47 in April, rising 0.17 points from March.The uptick was driven by improvements in four sub-indicators, with sentiment on employment opportunities posting the largest monthly gain.A pair of reports covering business and consumer confidence was also due in the Philippines.TUESDAY, April 28Markets will turn their attention to an interest rate decision scheduled in Japan.The upcoming decision could be a complicated one for the Bank of Japan as it grapples with intensifying inflation domestically and the uncertainty surrounding the Middle East, ING said in a preview.While markets broadly expect the central bank to maintain rates at 0.75%, ING said it continues to believe there's a chance the Bank of Japan may hike rates.Japanese unemployment data is also due the same day, with observers expecting the jobless rate to hover around the 2.6% mark, unchanged from the prior month, according to a consensus compiled by Trading Economics.Hong Kong will disclose trade stats for March. According to Trading Economics, the city state's trade deficit could narrow to HK$43 billion from the HK$64.2 billion recorded in February.Macao will similarly release balance of trade figures. The city state's trade deficit could narrow to 9.4 billion pataca in March from 9.9 billion pataca a month prior, Trading Economics forecasted.India's industrial production data for March will also be in the news. A consensus compiled by Trading Economics indicated analysts expect India's industrial production growth to slow to a rate of 4.2% from 5.2% in February.India's manufacturing weakened in March as geopolitical tensions in the Middle East, unstable market conditions, and inflationary pressures impacted output, S&P Global said previously. However, conditions appeared to have improved in April, according to the firm's most recent flash purchasing managers' index release.South Korea's business confidence report for April will be due the same day.WEDNESDAY, April 29Thailand's central bank will meet for its interest rate decision.The Bank of Thailand is seen to hold rates steady at 1% amid softening growth and inflationary pressure due to the conflict in the Middle East, the Wall Street Journal reported.Thailand's March Industrial production data is also expected on the same day.Australia's latest inflation print will be in the news, providing markets with an overview of pricing pressure ahead of the Reserve Bank of Australia's May board meeting.Westpac said it expects to see a 4.2% yearly gain in headline inflation for the March quarter.The quarterly data is likely to affirm for the Reserve Bank of Australia that the underlying inflation pressures are evident in the economy before the escalation of the Middle East conflict in late February, ANZ said in a preview.In Singapore, March import and export prices will be expected, as well as producer price inflation data.THURSDAY, April 30China's manufacturing and services sectors will be in focus as the National Bureau of Statistics releases its monthly purchasing managers' index covering manufacturing, non-manufacturing, and general PMI for April.The release will be accompanied by a private reading on China's manufacturing sector from S&P Global.Economists at ING said they expect official data to show activity dipped back into contractionary territory following the expansion witnessed in March.ING forecasts manufacturing PMI falling to 49.9 and the non-manufacturing PMI dipping to 49.8, and said it expects to see pricing pressure continuing to build in the PMI sub-indices.Taiwan will release its first-quarter advance gross domestic product growth rate, with markets looking for signs of whether the island state's economy can continue posting stellar growth due to its global positioning in high-precision semiconductor production.Researchers at ANZ expect Taiwan's first-quarter GDP growth rate to come in at 11.8%, slowing from the 12.7% rise witnessed in the prior quarter, the Wall Street Journal reported.In Australia, the first-quarter import and export prices data is expected. CommBank said it expects export prices to rise 1.2% while import prices to decline 0.6%, both on a quarter-on-quarter basis.Meanwhile, a confidence report due in New Zealand is likely to show a further deterioration in business sentiment due to the ongoing Middle East conflict, CommBank said in a preview.Further trade data is expected in the Philippines, which could see its trade deficit widen to $4.1 billion in March from $3.68 billion in April, according to Trading Economics.Both South Korea and Japan will release industrial production and retail sales data for March.ING said it expects Japan's industrial production to "rebound quite firmly" during the month. The firm expects industrial output to rise 2.2% year on year from the 0.4% rise witnessed in February.Japan will additionally release a consumer confidence report for April, while a similar release covering business confidence will be due in Singapore.Singapore's first-quarter preliminary unemployment rate will also be released on Thursday.Thailand's February retail sales stats will be due.FRIDAY, May 1Japan's closely watched Tokyo core consumer price index for April will capture headlines, offering markets an early indicator of the overall inflation rate in the country."The Tokyo CPI is expected to rise faster in April, reflecting recent energy price hikes, a weak JPY, solid wage growth, and bi-annual price adjustments," ING said in a preview.South Korea announces April trade data.The country's trade surplus could drop marginally to $26 billion from $26.2 billion a month prior, even as exports show a 50% year on year growth due to robust chip shipments, ING said.A consumer confidence report due in New Zealand could show sentiment weakening further in April and over the coming months amid the Middle East conflict, CommBank said in a preview."As the conflict progresses, overall consumer confidence is expected to continue falling," CommBank said.Neighboring Australia will release first-quarter produce price data.On the activity front, S&P Global releases its PMI reports covering manufacturing activity in Australia and Japan.

ASX 200^BSEHang SengFTSE Bursa Malaysia KLCIKOSPINikkei 225^NSE^NZ50^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
International

Malaysia's Producer Price Index Ends 12-Month Slump with 1.1% Growth in March

Malaysia's Producer Price Index (PPI) rose 1.1% year on year in March, reversing a 3.4% decline in February and marking the first increase since March 2025, the Department of Statistics Malaysia reported Monday.The mining sector surged 26.5%, driven by a 38.5% jump in crude oil extraction, while the water supply index rose 11.3% and electricity and gas supply increased 9.6%.Agriculture, forestry and fishing contracted 5.6%, weighed down by an 11% drop in perennial crop production, while manufacturing edged down 0.8%.Monthly, the PPI increased 4.1% in March, compared with a 0.5% decline in February, the department said.

FTSE Bursa Malaysia KLCI
Asia

Malaysian Shares End in Red Mirroring Broader Regional Sentiment; ECA Integrated Solution Rises 6%

Malaysian shares ended the week in the red zone, in line with a broader downbeat regional trend. The investors could not find positive cues as rising oil prices continue to burden the economy.The FTSE Bursa Malaysia KLCI shed 1.36 points to end 0.1% lower at 1,720.34 The day range was between 1,719.73 and 1,724.30.In economic news, Malaysia's Leading Index rose 0.5% annually in February to 113.1 points, from 112.5 points a year earlier, showing moderate economic growth, the Department of Statistics Malaysia (DOSM) said. The index measures future economic direction.Meanwhile, the Coincident Index, which reflects current economic conditions, rose 1.6% year on year to 129.4 points, although it fell 1.4% month on month.In local news, Malaysian Prime Minister Anwar Ibrahim has urged the private sector to adopt flexible work arrangements to cut costs and maintain productivity, The Star reported. Employers should move away from outdated practices and towards automation, as such measures could help reduce fuel consumption and ease cost pressures on businesses and workers, Ibrahim reportedly said.In corporate news, shares of ECA Integrated Solution (KLSE:ECA) jumped 6% on Friday's close after it shared plans to raise up to 9.8 million ringgit via a proposed a private placement of up to 10% of its existing shares. The company is also proposing an employee share option scheme (ESOS) covering up to 15% of its shares to retain and incentivise employees and directors.Whereas, shares of Petra Energy (KLSE:PENERGY) slid over 1% on close after its unit Petra Energy Development, secured a contract to provide field operations management services for the SK407 Production Sharing Contract offshore Sarawak.

FTSE Bursa Malaysia KLCIKLSE:ECAKLSE:PENERGY
Asia

Market Chatter: Malaysian PM Encourages Flexible Work Arrangements Amid Fuel Crisis

Malaysian Prime Minister Anwar Ibrahim has urged the private sector to adopt flexible work arrangements to cut costs and maintain productivity, The Star reported Friday.Employers should move away from outdated practices and towards automation, as such measures could help reduce fuel consumption and ease cost pressures on businesses and workers, Ibrahim reportedly said.He also warned the Middle East conflict poses risks to global stability and could raise Malaysia's logistics and economic costs if prolonged, the news outlet reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
International

Malaysia's Leading Index, Coincident Index Rise in February

Malaysia's Leading Index rose 0.5% annually in February to 113.1 points, from 112.5 points a year earlier, showing moderate economic growth, the Department of Statistics Malaysia (DOSM) said Friday.The index measures future economic direction.The rise was driven by an 18.7% jump in real imports of other basic precious and non-ferrous metals, and an 8.4% growth in real money supply (M1), though five of seven components declined, including housing approvals.Monthly, the index slid 0.3% due to declines in components such as real imports of semiconductors and the number of new companies registered.Meanwhile, the Coincident Index, which reflects current economic conditions, rose 1.6% year on year to 129.4 points, although it fell 1.4% month on month.The annual increase was supported by gains in most components, while the monthly decline was weighed by weaker EPF contributions and softer capacity utilization in manufacturing, the data showed.

FTSE Bursa Malaysia KLCI
Asia

Malaysian Shares End in Green Bucking Regional Losses; Leform's Shares Drop 3%

Malaysian shares ended in green on Thursday, bucking a downbeat regional trend. The investor sentiment rebounded following the extended ceasefire between US and Iran.The FTSE Bursa Malaysia KLCI gained 11.31 points to end 0.7% higher at 1,721.70. The day range was between 1,714.41 and 1,723.51.In local news, Malaysia does not own the 200 million liters of diesel bound for Australia, government-owned Bernama reported, citing Communications Minister Fahmi Fadzi. Fadzi said the diesel belongs to an international company that uses Malaysia as a storage hub, and is not Malaysian-produced diesel.In corporate news, Glass Lewis issued a controversy alert for PPB Group (KLSE:PPB) ahead of its May 14 AGM, citing governance and ESG concerns tied to Wilmar International. The alert follows a 4.17 billion ringgit impairment on PPB's Wilmar investment, which led to a group-level net loss. The write-down reflects regulatory, legal and compliance risks in Indonesia and weaker conditions in China, raising concerns over Wilmar's future earnings contribution.Shares of Leform (KLSE:LEFORM) dropped about 3% on Thursday's close after it signed a memorandum of understanding with Nippon Steel Trading and NST Trading Malaysia, to establish a long-term collaboration framework.

FTSE Bursa Malaysia KLCIKLSE:LEFORMKLSE:PPB
Asia

Market Chatter: Malaysia Does Not Own Diesel Shipment to Australia, Official Says

Malaysia does not own the 200 million liters of diesel bound for Australia, government-owned Bernama reported Wednesday, citing Communications Minister Fahmi Fadzi.Fadzi said the diesel belongs to an international company that uses Malaysia as a storage hub, and is not Malaysian-produced diesel, according to the report.The diesel shipment is linked to a commercial arrangement with BP Australia, which operates a storage facility in Malaysian waters. The vessel transporting the fuel is scheduled to depart from Malaysia as part of the logistics chain, he said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
Asia

Malaysian Shares End in Red on Profit-Taking Activities; Cape EMS's Shares Gain 3%

Malaysian shares ended in the red, reversing gains of the past three sessions, due to profit-taking activities.The investors could not find positive cues amid waning hopes of US-Iran truce, although US President Donald Trump extended a ceasefire with Iran at Pakistan's request.The FTSE Bursa Malaysia KLCI shed 4.94 points to end 0.3% lower at 1,710.39. The day range was between 1,705.11 and 1,720.46.In corporate news, Concrete Engineering Products (KLSE:CEPCO) received an unconditional mandatory take-over offer from YTL Cement (KLSE:YTLCMT), to sell its remaining shares not already owned by the latter. The offer is priced at 2.60 ringgit per share and will be fully in cash.Shares of Cape EMS (KLSE:CEB) rose over 3% on Wednesday's close after it established a manufacturing and engineering platform through a joint venture with New Grand Tech (HK). The platform, GrandCape, will focus on flexible flat cables, AI data center interconnects, and battery energy storage system solutions.Meanwhile, Agmo (KLSE:AGMO) completed its transfer of listing to the Main Market from the ACE Market of Bursa Malaysia. Shares ended flat today.

FTSE Bursa Malaysia KLCIKLSE:CEBKLSE:CEPCOKLSE:YTLCMT
Asia

Islamic Syndicated Financing to Continue Growing in 2026 Despite Iran War, Fitch Says

Fitch Ratings expects Islamic syndicated financing to sustain a positive trajectory into 2026 amid an aversion for public US dollar sukuk and bonds due to the Iran war, according to a recent release.Issuers are leaning more into syndications, including Islamic, due to their private nature, reduced requirements, and accommodative banking systems in the Gulf Cooperation Council, Fitch said.Proceeds raised through Islamic syndications in core markets, which include Indonesia and Malaysia among other nations, exceeded those from dollar sukuk issuance in the first quarter, compared to a slowdown in conventional syndication, the rating agency said.In the longer term, post-war market appetite, access, and funding requirements will determine the dynamics of Islamic syndications, Fitch's global head of Islamic finance, Bashar Al Natoor, said.Syndications serve as a key funding channel even in periods of market uncertainty, with about 65% of Fitch-rated global Islamic banks and multilaterals being investment grade, the analyst said.Reported global outstanding Islamic syndication expanded by more than 26% year over year to $219 billion at the end of the first quarter, with Islamic syndication issued in core markets surging 294% year over year to $23 billion.

^JKSEFTSE Bursa Malaysia KLCI
Asia

Market Chatter: Malaysia Postpones Planned Carbon Tax Amid Middle East Worries

Malaysia has delayed its planned carbon tax implementation, citing ongoing geopolitical tensions in the Middle East, The Star reported Tuesday, citing Natural Resources and Environmental Sustainability Minister, Arthur Joseph Kurup.The tax, which was previously expected to start this year for sectors such as iron, steel and energy, has been deferred to avoid adding pressure on industries and consumers. Kurup said the government will instead prioritize setting up a carbon credit framework, including verification systems and a national carbon registry, reportedly.The National Carbon Market Policy (DPKK), approved on April 1, will serve as the basis for Malaysia's participation in both voluntary and compliance carbon trading markets. He added that Malaysia remains committed to emissions reduction targets for 2035 and its net-zero goal by 2050, while continuing to push the green transition, the news outlet said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
Asia

Market Chatter: Malaysia Rolls Out Measures to Help SMEs Amid Economic Pressures

Malaysian Prime Minister Anwar Ibrahim announced measures to ease cost pressures on SMEs, including a 5 billion ringgit financing guarantee and a 12-month extension for the e-invoicing transition, The Star reported Tuesday.The financing support will be channeled through Syarikat Jaminan Pembiayaan Perniagaan, with coverage raised to 80% and repayment tenures extended up to 10 years. The scheme is aimed at key sectors such as construction, agriculture, logistics, transport and tourism, alongside assistance for loan restructuring.Meanwhile, the e-invoicing rollout for smaller firms has been deferred by a year to end-2027 for businesses with annual turnover between 1 million ringgit and 5 million ringgit. Authorities are also considering temporary tax and import duty relief on Malaysian goods that are re-imported due to external disruptions, the news outlet said.The measures come as geopolitical tensions, particularly in the Middle East, continue to shore up energy, freight and insurance costs. Anwar said the government will continue to adjust policies to support firms and maintain resilience amid prolonged global headwinds, reportedly.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
Asia

Malaysian Shares Extend Gains as Islamabad Peace Talks Lift Sentiment

Malaysian shares ended in green for the third straight session on Tuesday over a possible de-escalation in hostilities between the US and Iran.The FTSE Bursa Malaysia KLCI gained 13.03 points to end 0.8% higher at 1,715.33. The day range was between 1,700.54 and 1,716.64.Investor sentiment improved as the second phase of peace talks unfolded in Islamabad, with the US expressing optimism over progress. However, Iran has yet to confirm its participation, keeping uncertainty around the negotiations.In economic news, Malaysian Prime Minister Anwar Ibrahim announced measures to ease cost pressures on SMEs, including a 5 billion ringgit financing guarantee and a 12-month extension for e-invoicing transition. The package also includes interim tax relief on re-imported goods, with support focused on sectors such as construction, agriculture, logistics, and tourism.In corporate news, shares of ES Sunlogy (KLSE:SUNLOGY) gained about 2% on close after its unit Savelite Engineering secured a subcontract worth 107.5 million ringgit from China State Construction Engineering.

FTSE Bursa Malaysia KLCIKLSE:SUNLOGY

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