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Malaysia Digitally Equipped To Be Regional Services Hub For Global Companies - Tengku Zafrul

KUALA LUMPUR, Sept 26 (Bernama) -- The Ministry of Trade, Investment and Industry (MITI) will continue to nurture talent, deepen trade relationships and ensure Malaysia remains a leading manufacturing and services hub, contributing to a prosperous and inclusive Asean.

CPO Futures Extend Winning Streak

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 26 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher for the seventh consecutive day on Thursday, driven by stronger export performance and declining CPO production, a trader said.

Gamuda Proposes Bonus Issue After Record-breaking RM15 Bln Revenue In FY2024

KUALA LUMPUR, Sept 26 (Bernama) -- Gamuda Bhd has proposed a bonus issue to reward its shareholders following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln

KUALA LUMPUR, Sept 26 (Bernama) -- Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.

FGV To Combat Climate Change With Innovation, Ensure Palm Oil Yields Unaffected, Says Chairman

SIK, Sept 26 (Bernama) -- FGV Holdings Bhd plans to implement innovative farm management techniques to address the challenges of climate change, which are causing a decrease in palm oil yields.

Key Leadership Appointments To Drive billups’ Global Expansion 

KUALA LUMPUR, Sept 26 (Bernama) -- The independent Out-of-Home (OOH) managed services agency, billups, has appointed Claudia Valderrama as Global Chief Operating Officer (COO) and Ben Milne as Chief Executive Officer (CEO) for the Asia Pacific (APAC) region, both reporting to Global CEO, David Krupp.

Profit-taking Pressures Bursa Malaysia Into Afternoon Decline

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia's downward trend persisted into mid-afternoon, driven by ongoing profit-taking in select heavyweights, especially in the utilities sector.

Northeast Aims To Raise RM84.5 Mln From ACE Market IPO

GEORGE TOWN, Sept 26 (Bernama) — Northeast Group Bhd aims to raise about RM84.5 million from its initial public offering (IPO) ahead of its ACE Market listing on October 15.

UEM Sunrise Achieves 100 Pct Take-up Rate For 3 Projects With RM499 Mln GDV

ISKANDAR PUTERI, Sept 26 (Bernama) -- UEM Sunrise Bhd achieved a take-up rate of 100 per cent during the preview of its developments -- Aspira Hills, DiReka Square, and Aspira LakeHomes -- with a combined gross development value (GDV) of RM499 million.

Producer Price Index Eases To 0.3 Pct In August 2024 - DoSM

KUALA LUMPUR, Sept 26 (Bernama) -- Malaysia’s Producer Price Index (PPI), which measures the price changes at the producer level, eased to 0.3 per cent in August 2024, compared to 1.3 per cent in the previous month, according to the Department of Statistics Malaysia (DoSM).

Covid-19 Undermined Progress In Reducing Poverty, Urban Households Hit Hardest - KRI

KUALA LUMPUR, Sept 26 (Bernama) -- Absolute poverty increased from 2019 to 2022, especially among urban households, rising to 4.5 per cent in 2022 from 3.8 per cent in 2019, according to a Khazanah Research Institute (KRI) report.

FBM KLCI Futures Edge Higher In Early Trade

KUALA LUMPUR, Sept 26 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in early trade today.