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There are 69 news based on search keyword " positive development"

Rubber Market Closes Higher, Tracking Shanghai Gains And Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 25 (Bernama) -- The Malaysian rubber market continued its upward trend, closing higher on Friday, supported by an increase in regional rubber futures, driven by a rise in the Shanghai rubber futures market and stable crude oil prices, a dealer stated.

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.

FBM KLCI Closes At Intra-day High For Second Session As Investors Regain Risk Appetite

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia finished at its intra-day high for the second straight session on Thursday, driven by global optimism and the latest round of government fiscal aid that led investors to be back in the local market.

Bursa Malaysia Rebounds, Takes Lead From Wall Street

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia rebounded from two consecutive days of losses to open higher on Thursday, with buying interest emerging, tracking the lead from Wall Street’s overnight performance.

Bank Shares Mixed In Early Trade Following BNM OPR Cut

KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).

HLIB Sees BNM Cutting OPR By 25 Bps In 2H 2025

KUALA LUMPUR, July 1 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain a cautious stance and cut the overnight policy rate (OPR) by 25 basis points in the second half of 2025, Hong Leong Investment Bank Bhd (HLIB) said, citing mixed monetary signals, persistent trade policy uncertainty, and subdued inflation.

Ringgit Opens Higher Against Greenback As Prospect Of Middle East De-escalation Rises

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.

Profit Boost For Malakoff From Melaka WTE Plant - Maybank IB

KUALA LUMPUR, June 20 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects that Malakoff Corporation Bhd will achieve RM40 million net profit accretion per year once the Melaka waste-to-energy (WTE) facility begins contributing over the 30-year operational period.

SST Expansion Helps Protect Local Fruit Industry - Pineapple Growers

PONTIAN, June 13 (Bernama) – The government’s initiative to expand the scope of the Sales and Service Tax (SST) by imposing a five per cent sales tax on all imported fruits has been described by pineapple growers in Johor as a proactive move to protect the local fruit industry.

Govt Will Ensure Telcos Provide Good Services - Fahmi

KUALA LUMPUR, May 26 (Bernama) -- The government will ensure that telecommunication companies (telcos) deliver their promises of faster and cheaper services, guided by the Mandatory Standard on Access Pricing (MSAP), said Communications Minister Datuk Fahmi Fadzil.

Sunway Construction’s 1Q Net Profit Soars To RM75.71 Mln

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.

RHB Bank Cautious About Malaysia’s Export Outlook Despite April Surge

KUALA LUMPUR, May 20 (Bernama) -- RHB Bank Bhd has maintained a cautious outlook on Malaysia’s export performance despite a surge in April exports, citing persistent global uncertainties and potential risks from United States (US) tariff policy developments.