CPO Futures Set To Trade With Downward Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a downward bias next week due to the expectation of weak demand, palm oil trader David Ng said.

HERE, EROAD Expand Partnership To Deliver Smart Trucking Solutions In Oceania

KUALA LUMPUR, July 31 (Bernama) -- HERE Technologies, a global leader in digital mapping and location data, is expanding its collaboration with fleet management and telematics provider EROAD to power EROAD’s first vehicle-aware navigation application for Oceania.

14th SSM National Conference Returns With Focus On Sustainability And Governance

KUALA LUMPUR, July 31 (Bernama) -- The Companies Commission of Malaysia (SSM) will host the 14th edition of the SSM National Conference (SSMNC) in 2025, continuing its commitment to advancing discussions on corporate governance and regulatory practices in Malaysia.

Mavenir Completes US$1.3 Bln Recapitalisation To Strengthen Financial Position, Fuel Growth

KUALA LUMPUR, July 30 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, and its existing investor, private equity firm Siris, have completed a comprehensive recapitalisation with Mavenir’s lenders.

Saviynt Accelerates Global Expansion With New Regional Hubs In APJ, EMEA

KUALA LUMPUR, July 30 (Bernama) -- Cloud-native artificial intelligence (AI) identity and governance solutions provider, Saviynt has announced a major global expansion, including new offices in Singapore and London, a customer operations centre in Poland, and a significantly expanded facility in India.

Vietnam’s Non-life Insurance Industry Holds Steady, Says AM Best

KUALA LUMPUR, July 30 (Bernama) -- Global credit rating agency, AM Best is maintaining its stable outlook on Vietnam’s non-life insurance segment, supported by structural economic advantages and strong demand across core insurance lines.

Bank Islam Issues Ninth Tranche Of RM1 Bln Senior Sukuk Murabahah

KUALA LUMPUR, July 29 (Bernama) -- Bank Islam Malaysia Bhd has issued RM1.0 billion Senior Sukuk Murabahah under its RM10.0 billion Sukuk Murabahah Programme on July 25.

Camaroe Inks Underwriting Agreement With M&A Securities For ACE Market IPO

KUALA LUMPUR, July 29 (Bernama) -- Camaroe Bhd has inked an underwriting agreement with M & A Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Malaysia Must Nurture Tech Giants To Become ASEAN MNCs - Liew Chin Tong

KUALA LUMPUR, July 29 (Bernama) -- Malaysia must strive to nurture more technology (tech)-driven companies that can grow into ASEAN-based multinational corporations (MNCs) and eventually establish a global footprint, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

CPO Futures Expected To Trade With Downward Bias Next Week

KUALA LUMPUR, July 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a downward bias next week due to profit-taking from the recent rally.

Ringgit On Firmer Footing Against US Dollar In Early Trade

KUALA LUMPUR, July 25 (Bernama) -- The ringgit opened on a slightly firmer footing against the US dollar this morning, shrugging off the broader G10 currencies' weakness as a confluence of domestic optimism and regional tailwinds lifted sentiment, said an analyst.

Research Firms Lower Inflation Forecasts To 1.5-1.8 Pct In 2025

KUALA LUMPUR, July 22 (Bernama) -- Research firms have revised their forecasts for Malaysia’s headline inflation in 2025, lowering it to 1.5 per cent to 1.8 per cent.