11m ago
KUALA LUMPUR, Feb 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to remain supported next week by the unpredictability of US President Donald Trump's policies, which have driven the recent rally in global gold prices, said an analyst.
11m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 21 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking declines in regional rubber futures markets amid rising concerns over the US trade tariff decision, said a dealer.
11m ago
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.
11m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Hartalega Holdings Bhd has recorded a lower net profit of RM19.51 million for the third quarter ended Dec 31, 2024, compared with a net profit of RM22.38 million posted in the same period a year ago.
11m ago
KUALA LUMPUR, Feb 17 (Bernama) -- Teo Seng Capital Bhd posted a higher net profit of RM183.36 million for the financial year ended Dec 31, 2024 (FY2024), up from RM155.80 million a year earlier.
11m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Feb 16 (Bernama) – Malaysia must spearhead the development of a comprehensive halal logistics ecosystem by pushing for the establishment of a first-ever global private standard in logistics.
11m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by the stronger performance of soybean oil on the Chicago Board of Trade (CBOT), a dealer said.
11m ago
KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.
11m ago
KUALA LUMPUR, Feb 13 (Bernama) -- The lack of investments and raising the cost of capital for gas development will endanger energy security and weaken the industry's capability to provide affordable, reliable and sustainable energy to people at large, said International Gas Union (IGU) president Li Yalan (she).
11m ago
KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research).
11m 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.