Rubber Market Ends Mixed, In Line With Regional Futures

KUALA LUMPUR, Dec 24 (Bernama) -- The local rubber market closed mixed on Tuesday, in tandem with regional rubber futures markets.

Malaysia’s November PPI Records Slower Decrease of 0.4 pct -- DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).

Ringgit Stages Strong Rebound To End Losing Streak Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit staged a strong rebound to end higher against the greenback on Monday as rising commodity prices and a softer US inflation reading helped the local currency snap a recent run of losses against the American dollar.

Local Rubber Market Closes Lower, In Tandem With Regional Downtrend

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 23 (Bernama) -- The local rubber market closed lower on Monday, in tandem with the downtrend in regional rubber futures markets, a dealer said.

MSMEs Continue To Progress In 2024 Despite Digital Challenges

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 22 (Bernama) – Malaysia’s micro, small, and medium enterprises (MSMEs) have continued to progress this year despite facing challenges in adapting to market changes and regulatory shifts, particularly in their transition towards the digital-first economy.

CPO Market To Trade In Yo-yo Mode next Week Amid Holiday, Production Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 21 (Bernama) -- The crude palm oil (CPO) market is expected to experience yo-yo price movements next week due to a shortened trading week, said Interband Group of Companies senior palm oil trader Jim Teh.

Gold Futures On Bursa Malaysia Likely To See Thin Trading Amid Christmas Holidays Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be thinly traded during the upcoming Christmas holiday week, with prices projected to range between US$2,585 and US$2,635 amid cautious market sentiment and subdued year-end activity.

Rubber Market To Stay Volatile Next Week Amid Weather Woes, Global Uncertainty

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 21 (Bernama) -- The rubber market is expected to remain volatile next week, with potential for higher prices due to adverse weather conditions in major producing countries and a global shortage of natural rubber stocks, said the Malaysian Rubber Glove Manufacturers Association (Margma).

Bursa Malaysia Achieves 55 IPOs, Highest In 19 Years

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia Bhd has made a significant achievement in 2024 with 55 initial public offerings (IPOs) listed on the exchange, the highest number of listings recorded in the last 19 years.

MOH Welcomes BNM's Interim Measures To Regulate Insurance, Takaful Premiums

KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.

CPO Market Declines For Fifth Day Amid Weak Exports, Soybean Oil Pressure

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their decline for the fifth consecutive day, pressured by concerns over weak exports, said palm oil trader David Ng.

Govt, ITOs And Private Hospitals To Contribute RM60 Mln To Accelerate Health Reforms -- BNM

KUALA LUMPUR, Dec 20 -- The government, together with insurers and takaful operators (ITOs) and private hospitals, will contribute RM60 million to accelerate health reforms, said Bank Negara Malaysia (BNM).