Gold Futures End Lower Despite Gains On US COMEX
KUALA LUMPUR, Feb 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday, despite gains in the US COMEX gold market.
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Ringgit Ends Higher Vs US Dollar, Regional Currencies on Continued Optimism On Malaysia's Growth
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.
Pintaras Jaya's Unit Bags Works Subcontract Worth RM35.5 Mln
KUALA LUMPUR, Feb 3 (Bernama) -- Pintaras Jaya Bhd’s wholly owned subsidiary, Pintaras (East Malaysia) Sdn Bhd, has won a subcontract for a proposed bridge construction in Kuching, Sarawak, worth RM35.5 million.
AME Elite Secures RM214.13 Mln Test Cell Project From KLIA Aeropolis
KUALA LUMPUR, Feb 3 (Bernama) -- AME Elite Consortium Bhd's wholly-owned unit, AME Construction Sdn Bhd has been awarded a RM214.13 million contract by KLIA Aeropolis Sdn Bhd to construct a specialised test cell facility (Phase 1) in Sepang, Selangor.
Bursa Malaysia Extends Gains On Bargain Hunting
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia ended modestly higher today on bargain hunting, extending its recovery from last week’s pullback, although the upside momentum faded after an early peak, said an economist.
Malaysia Positioned As Key Entry Point For India’s Regional Trade Expansion -- Academician
KUALA LUMPUR, Feb 3 (Bernama) -- India is increasingly viewing Malaysia as a strategic gateway to expand its economic footprint in Southeast Asia, using the country as a springboard to deepen trade and business engagement across the region, an academician said.
Rubber Ends Lower, Tracking Mixed Trends In Regional Future, Crude Oil Prices
KUALA LUMPUR, Feb 3 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, driven by mixed signals from regional futures and crude oil prices, a dealer said.
EF Opens Title Partnership Opportunity For Pro Cycling Team
KUALA LUMPUR, Feb 3 (Bernama) -- Education First (EF) has opened a unique opportunity for a new title partner to join EF Pro Cycling while remaining the team’s long-term owner and anchor investor.
North Atlantic France Announces Tender Offer Schedule
KUALA LUMPUR, Feb 3 (Bernama) -- North Atlantic France SAS has completed the acquisition of ExxonMobil France Holding SAS’s (ExxonMobil) entire stake in North Atlantic Energies, formerly known as Esso Société Anonyme Française SA, representing 82.89 per cent of the company’s share capital and voting rights.
Gold, Silver Seen Bullish Despite Short-term Volatility -- MGA
KUALA LUMPUR, Feb 3 (Bernama) -- Gold and silver prices are expected to remain bullish over the mid- to long-term despite short-term volatility triggered by global macroeconomic and geopolitical developments, said Malaysia Gold Association (MGA) president Datuk Seri Louis Ng.
Companies Urged To Manage Currency Risks Amid Ringgit Movement -- Johari
KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
MISC Secures 20-year LNG Shipping Contract From Petronas LNG
KUALA LUMPUR, Feb 3 (Bernama) -- MISC Bhd has received a letter of award (LoA) from PETRONAS LNG Ltd (PLL) for the provision of long-term liquefied natural gas (LNG) shipping services, involving three newbuild LNG carriers.