Bursa Malaysia Opens Lower Amid Weaker Wall Street Cues

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia opens lower on Thursday in line with Wall Street’s weaker overnight performance.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Dec 18 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in early trade on Thursday.

Ringgit Opens Near 5-Year High At 4.07 vs US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY), as market participants continued to assess the US Federal Reserve’s (Fed) policy outlook.

Public Trust In Tax 2025: Asia And Beyond - Malaysia's Global Standing

By Karina Imran

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia has emerged as a notable global performer in public trust in the tax system, underpinned by exceptionally strong confidence in the accounting profession and steady gains from digitalisation, according to findings by the Association of Chartered Certified Accountants (ACCA).  

Felcra Sets 15 Pct Dividend For Fy 2025, Payout Early Next Year

KUALA LUMPUR, Dec 17 (Bernama) -- The dividend based on the operations of the Federal Land Consolidation and Rehabilitation Authority (FELCRA) for the 2025 financial year has been set at 15 per cent and is expected to be paid early next year, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

CPO Futures Close Higher On Soybean Oil, Crude Oil Gains

By K. Naveen Prabu

KUALA LUMPUR, Dec 17 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, reversing earlier losses, supported by a recovery in the soybean oil market.

Petronas Dividends Subject To Global Oil Market Performance - PM Anwar

PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.

PETRA Encourages Cooperatives To Participate In Solar Farm Development

KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is encouraging the participation of all parties, including cooperatives, in the development of solar farms and community solar programmes.

Paramount Acquires Land For RM579 Mln Housing Project

KUALA LUMPUR, Dec 17 (Bernama) -- Paramount Corporation Bhd’s wholly-owned subsidiary Prima Kuasa Sdn Bhd has entered into a sale and purchase agreement with SJ Properties Sdn Bhd to acquire 19.62 hectares (48.49 acres) for a RM579 million housing project.

Gold Futures End Higher After Strong US Non-Farm Payrolls Data

KUALA LUMPUR, Dec 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today on expectations of further interest-rate cuts by the Federal Reserve next year following strong US non-farm payrolls (NFP) data. 

Sabah Exploring Ocean Thermal Energy Conversion, Conducting Implementation Study -- Hajiji

KOTA KINABALU, Dec 17 (Bernama) -- The Sabah government, through the Sabah Energy Commission (ECoS), has begun exploring renewable energy in the form of Ocean Thermal Energy Conversion (OTEC) and is currently conducting an implementation study along the state’s east coast, according to Chief Minister Datuk Seri Hajiji Noor.

Ringgit Snaps Four-day Gains To End Marginally Lower Vs US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit snapped four consecutive days of gains to close slightly lower against the US dollar on Wednesday as some traders took profit.