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Crude Oil And Condensate Production Totalled 41.8 Mln Barrels In 3Q 2024

KUALA LUMPUR, Dec 3 (Bernama) -- The production of crude oil and condensate totalled 41.8 million barrels in the third quarter of 2024 (3Q 2024), declining by 8.9 per cent compared to the previous year, the Department of Statistics Malaysia (DOSM) reported.

Haier Malaysia Targets 30 Pct Revenue Growth, 17.4 Pct Market Share By 2027

SUBANG JAYA, Dec 3 (Bernama) -- Haier Malaysia aims for 30 per cent revenue growth over the next five years.

AirAsia Offers 27,000 Fixed Fare Seats For Travel From Peninsular Malaysia To Sabah, Sarawak During CNY

SEPANG, Dec 3 (Bernama) -- AirAsia has launched 27,000 fixed fare tickets for travel from Peninsular Malaysia to Sabah and Sarawak in conjunction with the upcoming Chinese New Year festivities.

Malaysian Banks To Record Higher Profits In 2025 -- Economist

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist. 

Bursa Malaysia Opens Higher, Tracking Upbeat Wall Street

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia moved higher in early trade today, tracking the upbeat performance on Wall Street overnight.

CPO Futures End Lower On Weaker Exports

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 2 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today as weaker exports weighed down market sentiment.

Gold Futures End Marginally Lower

KUALA LUMPUR, Dec 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended marginally lower today, weighed down by a stronger US dollar and profit-taking, as investors awaited crucial United States economic data to assess the Federal Reserve’s next move on monetary policy. 

Rubber Market Ends Higher Boosted By Gains In Shanghai Rubber Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market ended higher today, driven by sharp gains in the Shanghai rubber futures, supported by positive Chinese economic data, a dealer said. 

IPG For Smallholders Not Activated In November - MRB

KUALA LUMPUR, Dec 2 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) for cuplump and latex has not been activated for November 2024 in Peninsular Malaysia, Sabah dan Sarawak.

TNB Shares Down In Early Session Despite Posting Stronger 3Q Net Profit

KUALA LUMPUR, Dec 2 (Bernama) -- Tenaga Nasional Bhd’s (TNB) share prices on Bursa Malaysia slipped in today’s early session despite posting a stronger performance in the third quarter (3Q) of financial year 2024.

Malaysia's November Manufacturing PMI Eases To 49.2

KUALA LUMPUR, Dec 2 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) eased to 49.2 in November this year from 49.5 in October, signalling a marginal moderation in the sector.

Bursa Malaysia Higher In Early Trade, Tracking Wall St Rise

KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia climbed higher in early trade on Monday, tracking the rally on Wall Street last Friday.