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ASEAN-BAC Unveils 12 Initiatives To Drive Regional Growth, collaboration

GEORGE TOWN, Jan 16 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled 12 strategic initiatives, including the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity, and regional collaboration.

Uni-Fuels Makes Landmark Nasdaq Debut As Singapore’s First Marine Fuel Provider Listed

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), announced the completion of its initial public offering (IPO) on the Nasdaq Stock Market, becoming the first Singapore-based marine fuel provider to be listed in the United States.

HDC Aims To Boost Malaysia's Halal Exporters To 2,443 In 2025

KUALA LUMPUR, Jan 16 (Bernama) -- Halal Development Corporation Bhd (HDC) targets 2,443 halal exporters from Malaysia this year, compared to 1,600 as of December 2024.

Gradual Salary Adjustment Could Strengthen Malaysia's Credit Profile - Analyst

KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said. 

FBM KLCI To Test 1,730 Level This Year - Rakuten Trade

KUALA LUMPUR, Jan 16 (Bernama) -- Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to test the 1,730 level this year, based on 16 times price-earnings ratio on 2025 earnings growth. 

Uni-Fuels Raises US$8.4 Mln In Successful IPO Closing

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has successfully closed its underwritten initial public offering (IPO) of 2,100,000 Class A Ordinary Shares at a public offering price of US$4.00 per share, raising total gross proceeds of US$8.4 million before underwriting discounts and commissions. (US$1 = RM4.49)

MIDA-Infineon Local Vendor Development Programme To Benefit 139 Malaysian Companies

KUALA LUMPUR, Jan 15 (Bernama) -- A local vendor development programme jointly curated by the Malaysian Investment Development Authority (MIDA) and Infineon Technologies (Kulim) Sdn Bhd will benefit 139 local companies.

CPO Futures Extend Downtrend On Weaker Demand

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 15 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend today on weaker demand from key market destinations, namely India, China and the European Union. 

Ringgit Advances Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.

Cargill Charts Course Toward Sustainable Shipping Via Innovation, Collaboration 

KUALA LUMPUR, Jan 15 (Bernama) -- Cargill is driving a transformation in global shipping, integrating cutting-edge technologies and partnerships to advance sustainable practices across the maritime industry.