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Guangdong Bolsters Greater Bay Area's Creative Sector Via Cultural Finance

KUALA LUMPUR, Nov 22 (Bernama) -- The 2024 Guangdong-Hong Kong-Macao Greater Bay Area Cultural Industry Investment Conference convened in Guangzhou from Nov 20 to 22, bringing together representatives from financial institutions, industry associations, investment firms, listed companies, and cultural technology enterprises.

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

Tesla Using Components From Local Suppliers, Involved In Technology Transfer -- MITI

KUALA LUMPUR, Nov 21 (Bernama) -- US electric vehicle (EV) maker Tesla has used components from about 45 local suppliers directly or indirectly to date, which also involves technology transfer to the suppliers, according to the Investment, Trade and Industry Ministry (MITI).

BMI Projects RM3,900/T Palm Oil Price Average For 2025

KUALA LUMPUR, Nov 21 (Bernama) -- BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.  

Oriental Holdings 3Q Net Profit Falls 70.1 Pct To RM88.87 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Oriental Holdings Bhd has recorded a 70.1 per cent lower net profit to RM88.87 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM297.42 million in the same period last year.

Hap Seng 3Q 2024 Net Profit Soars Nearly Fourfold To RM193.11 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Hap Seng Consolidated Bhd's (HSCB) net profit for the third quarter ended Sept 30, 2024 (3Q 2024) soared nearly fourfold to RM193.11 million, up from RM50.30 million in the same period last year.

China, Brazil Strengthen Ties For A Just And Sustainable Future - CGTN

KUALA LUMPUR, Nov 21 (Bernama) -- China Global Television Network Corporation (CGTN), an international media organisation, in a recent article highlights the growing cooperation between China and Brazil as they strive for a more equitable and sustainable world.

Veea, DeepGreenX Forge US$140 Bln Deal To Revolutionise Green Energy With AI Platform

KUALA LUMPUR, Nov 21 (Bernama) -- Veea Inc, a pioneer in edge computing and artificial intelligence (AI)-driven solutions has partnered with DeepGreenX Group Inc (DeepGreenX) an AI-enabled green energy and technology company, for a visionary initiative to roll-out a transformative platform for accelerating the transition to global green energy.

Bursa Malaysia Ends At Intraday Low, In Sync With Regional Downtrend

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended at its intraday low today, following a downturn in regional markets.

Cargill Enhances Singapore Innovation Center To Drive Food Innovation For Asia’s Evolving Market

KUALA LUMPUR, Nov 21 (Bernama) -- Cargill is enhancing its Singapore Innovation Center with support from the Singapore Economic Development Board (EDB) and Enterprise Singapore to advance food innovation, further contributing to Asia’s vibrant food ecosystem.

Rubber Market Closes Lower, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, taking its cue from the mixed regional rubber futures market performance and weighed down by the stronger ringgit versus the US dollar, a dealer said.

Southeast Asian Energy Sector Stakeholders Focus On Reducing Methane Emissions

KUALA LUMPUR, Nov 21 (Bernama) -- Petronas and other stakeholders in Southeast Asia’s energy sector have declared that the sector can play a leading role in the region’s decarbonisation efforts by focusing on reducing methane emissions.