1y ago
KUALA LUMPUR, April 16 (Bernama) -- Nextgreen IOI Pulp Sdn Bhd (NIP), a joint venture (JV) between Nextgreen Global Bhd (55 per cent) and IOI Corporation Bhd (45 per cent), has teamed up with Hong Kong Paper Sources Co Ltd to develop a high-capacity, bio-integrated pulp production facility at the Green Technology Park in Pekan, Pahang.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 15 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally higher today, following gains on COMEX, as traders cautiously monitor the tariff situation, said an analyst.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 15 (Bernama) -- The Malaysian rubber market eased today, following weaker regional rubber futures markets, a dealer said.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, April 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade within a narrow range next week, mirroring movements in the underlying cash market.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, April 10 (Bernama) -- The 12th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM) concluded today, with the grouping endorsing Malaysia’s Priority Economic Deliverables (PED) against a backdrop of debilitating tariffs imposed on member states, but it prodded members to further reaffirm their commitment to deepening financial integration and reinforcing regional economic resilience.
1y ago
TAWAU, April 10 (Bernama) -- The new tariff rates proposed by the United States for 90 countries, including Malaysia, on April 2 are not expected to significantly impact the prices of the country’s export commodities, especially palm oil.
1y ago
KUALA LUMPUR, April 10 (Bernama) -- The Malaysian rubber market ended a four-day losing streak on Thursday, closing higher in line with regional rubber futures markets.
1y ago
PUTRAJAYA, April 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the 90-day pause of US tariffs on 75 countries, including Malaysia, has offered temporary relief for the country.
1y ago
KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states are focusing on eliminating distortions to be more efficient for more room on negotiations, as Washington expressed concerns about tariff and non-tariff barriers, says Indonesia Finance Minister Sri Mulyani Indrawati.
1y ago
By M.Saraswathi
KUALA LUMPUR, April 10 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia welcomes the United States’ (US) move to pause higher tariffs for numerous trading partners, while acknowledging that this volatility creates significant challenges for ASEAN economies.
1y ago
KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia rebounded sharply at the open on Thursday, tracking Wall Street’s overnight rally after US President Donald Trump announced a pause in tariffs, an analyst said.
1y ago
KUALA LUMPUR, April 10 (Bernama) -- The ringgit opened firmer against the US dollar on Thursday, as the greenback weakened following the US President’s announcement of a 90-day pause in reciprocal tariffs, an economist said.