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Bumi Armada Unit Secures RM282.5 Mln Contract To Install Flare Gas Recovery System In North Sea

KUALA LUMPUR, Nov 1 (Bernama) -- Bumi Armada Bhd’s wholly owned subsidiary Bumi Armada UK Ltd has secured a £50 million (RM282.5 million) contract from EnQuest Heather Ltd.

Malaysia’s October Manufacturing PMI Flat At 49.5, New Orders Rising Since June -- S&P Global

KUALA LUMPUR, Nov 1 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) was unchanged at 49.5 in October 2024, with new orders rising for the first time since June 2024.

 

Rubber Market Ends Higher Amid Crude Oil Recovery

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Wednesday, bolstered by recovering crude oil prices and the weakening of the ringgit against the US dollar, a dealer said.

CPO Futures Hit Two-Year High On Bullish Sentiment, Strong Exports

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, reaching a two-year high, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa.

Rubber Market Declines, Tracking Regional Cues And Global Cautious Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended in decline on Tuesday, attributed to weaker cues from regional rubber futures markets and overall cautious sentiment in the global market, said a dealer.

Govt Channels RM6.35 Bln Financing To Over 260,000 Entrepreneurs Until sept 2024 - KUSKOP

KUALA LUMPUR, Oct 29 (Bernama) -- The government has channelled a total of RM6.35 billion in financing to 265,097 entrepreneurs through the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) until September this year.

US Keen On Climate Change Partnerships With Malaysia, Focusing On SAF To Reduce Emissions

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 27 (Bernama) -- The United States is keen to explore climate change partnerships with Malaysia, focusing on sustainable aviation fuels (SAF) in its pursuit to cut down carbon emissions and achieve a clean, green climate-resilient future.

Govt To Ensure Construction Sector Remains Competitive, Sustainable - PM Anwar

KUALA LUMPUR, Oct 23 Bernama) -- The government is taking proactive steps to ensure that the construction industry remains competitive and sustainable amid expectations of rising tender prices, said Prime Minister Datuk Seri Anwar Ibrahim.

Kenanga Investment Maintains 2024 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Oct 23 (Bernama) -- Kenanga Investment Bank Bhd has maintained its forecast for Malaysia’s gross domestic product growth at 5.0 per cent for 2024 and expects it to moderate to 4.8 per cent in 2025.

Govt To Ensure Construction Sector Remains Competitive, Sustainable - PM

KUALA LUMPUR, Oct 23 (Bernama) --  The government is taking proactive steps to ensure that the construction industry remains competitive and sustainable amid expectations of rising tender prices, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Marginally Lower At Midday In Cautious Trading 

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia edged down at the midday break amid a mixed and cautious regional market performance.

MIDF Maintains 2024 GDP Forecast At 5.0 Pct 

KUALA LUMPUR, Oct 21 (Bernama) -- MIDF Research has kept its 2024 gross domestic product (GDP) growth forecast at 5.0 per cent, bolstered by ongoing increases in domestic spending and a recovery in exports.