1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment.
1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia Derivatives recorded an all-time high of 22.75 million contracts traded across all products in 2024, up 19 per cent from 19.11 million contracts in 2022, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Feb 24 (Bernama) -- The Kuala Lumpur rubber market ended mixed today tracking the performance of regional rubber futures markets amid concerns over escalating global trade tensions, said a dealer.
1y ago
By Abdul Hamid A Rahman and Mikhail Raj Abdullah
KUALA LUMPUR, Feb 19 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) today reiterated that airline passengers have the option of a refund of their tickets if their flight is delayed by five hours or more.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 19 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday, influenced by a downtrend in regional rubber futures markets and the strengthening of the ringgit against the United States (US) dollar, said a dealer.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 18 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Tuesday, driven by concerns over a tight natural rubber supply due to the ongoing wintering and wet weather in major producing countries, said a dealer.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 17 (Bernama) -- The Kuala Lumpur rubber market closed lower on Monday, pressured by weaker signals from regional futures markets amid ongoing concerns over increased United States (US) trade tariffs, said a dealer.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 15 (Bernama) -- The Malaysian rubber market is expected to trade slightly higher next week due to weather uncertainties caused by climate change leading to rubber tree leaves falling, said industry expert Denis Low.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 8 (Bernama) -- The Malaysian rubber market is expected to remain muted next week, with prices and demand holding mostly steady, though with a slight inclination towards a downward trend, said industry expert Denis Low.