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Rubber Market Ends Lower Amid Regional Futures Downtrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, following the downtrend in the regional rubber futures market and the strengthening of the ringgit against the United States (US) dollar, a dealer said.

Bursa Malaysia Rises 0.47 Pct At Midday On Regional Optimism

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia's main index closed the morning session higher, mirroring positive sentiment across regional markets.

PM Anwar To Visit CIIE 2024, Officiate Malaysia Pavilion – MATRADE

KUALA LUMPUR, Nov 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is expected to visit the seventh China International Import Expo (CIIE) and officiate the Malaysia Pavilion, according to the Malaysia External Trade Development Corporation (MATRADE).

Six Malaysia-Based Companies Sanctioned By US For Alleged Links To Russian Manufacturing Sector

KUALA LUMPUR, Nov 3 (Bernama) – Six Malaysia-based companies are among the nearly 400 entities and individuals that have been sanctioned by the US State Department for operating or having operated in, or aiding the Russian manufacturing sector.

Ukraine Seeks Malaysia As ASEAN Gateway For UAV Partnerships

KUALA LUMPUR, Nov 2 (Bernama) -- Ukraine views Malaysia as a key entry point for expanding collaborations in the ASEAN region's unmanned aerial vehicle (UAV) and drone sectors, said Ukraine’s deputy economy minister, Taras Kachka.

Cautious Tone Expected For Ringgit Versus US Dollar Trading Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit is likely to trade on a cautious tone next week ahead of the US Presidential election on Nov 5, said an analyst.

IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

CPO Futures Hit Fresh 2-year High For Third Consecutive Day

KUALA LUMPUR, Nov 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, reaching a fresh two-year high for the third consecutive day at above RM4,800 per tonne, amid rising crude oil prices, said palm oil trader David Ng.

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

Chinese Coastal City Yuyao Thrives In Businesses, Social Development

KUALA LUMPUR, Nov 1 (Bernama) -- An event focused on empowering business operations and development through Chinese traditional philosophy was held in Yuyao, located in the eastern province of Zhejiang, China, on Oct 30.

Malaysia’s October Manufacturing PMI Flat At 49.5, New Orders Rising Since June -- S&P Global

KUALA LUMPUR, Nov 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) was unchanged at 49.5 in October 2024, with new orders rising for the first time since June 2024.

 

Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.