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Indonesia Plans Export Duties, Windfall Tax On Coal And Nickel To Ease Subsidy Burden

JAKARTA, May 4 (Bernama) -- Indonesia plans to introduce export duties and a windfall tax on coal and nickel as part of efforts to offset rising subsidy costs in the national budget.

Modon Sells Out Tara Park Project, Nears 2 Bln Emirati Dirham In Sales

KUALA LUMPUR, May 4 (Bernama) -- Modon, an Abu Dhabi-headquartered international holding company, has announced the sell-out of Tara Park on Reem Island, with the project generating nearly two billion Emirati dirham in sales. (100 Emirati dirham = RM107.65)

Bursa Malaysia Closes At Intraday High On Broad-based Buying, Improved Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia ended at an intraday high on broad-based buying, reflecting improving sentiment on the local front, analysts said.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia stayed higher at midday on continued buying activities in selected financial services and plantation counters. 

Industrial Products Sector Records RM128.3 Mln Net Foreign Inflows

KUALA LUMPUR, May 4 (Bernama) -- The industrial products and services recorded net foreign inflows of RM128.3 million, followed by technology (RM114.2 million), and plantation (RM53.3 million) last week, according to MBSB Investment Bank Bhd (MBSB IB).

Late Buying Lifts Bursa Malaysia As Oil Prices Support Energy Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters.

Petronas Inks Deal With Japan's Eneos For 10 Pct Stake In MLNG Tiga, Strengthen LNG Supply Ties

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has signed definitive agreements with Japan-based oil and gas company ENEOS Xplora.

CelcomDigi Flat At Midday On RM202 Mln DNB Shareholder Advance

KUALA LUMPUR, April 30 (Bernama) -- Shares of CelcomDigi Bhd were unchanged at the midday break following its announcement of an additional RM202 million shareholder advance to Digital Nasional Bhd (DNB).

Bursa Malaysia Trade Choppy As Caution Persists Amid West Asia Tensions

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia traded choppily in early dealings, with sentiment cautious amid external uncertainties, traders said.

CPO Futures Close Higher On Indonesia Output Concerns

By K. Naveen Prabu

KUALA LUMPUR, April 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of tighter supply amid concerns over a potential decline in Indonesia’s output this year, an analyst said.

Shopee Launches RM150 Mln 'Shopee Lindung Niaga' Initiative To Support Malaysian MSMEs

KUALA LUMPUR, April 29 (Bernama) -- Shopee has launched Shopee Lindung Niaga, a RM150 million initiative designed to support Malaysian micro, small and medium enterprises (MSMEs) through practical measures across shipping, working capital and fulfilment.

Bursa Malaysia Ends At Intraday High On Improved Local Sentiment

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia rose 0.71 per cent to end at the day’s high on the back of improving local sentiment and selective buying in index-linked counters following the recent pullback.