Affin Bank Branches In Sarawak To Increase To 14 By July

KUCHING, Feb 18 (Bernama) -- Affin Bank Bhd will increase the number of its branches in Sarawak to 14 by July this year as part of its commitment to expanding its services and strengthening its presence in the state.

Port Klang Targets 15 Mln TEUs In 2025 - Loke

KLANG, Feb 17 (Bernama) -- Port Klang is targeting 15 million twenty-foot equivalent units (TEUs) of container handling this year, representing a 2.3 per cent increase from 2024.

Sarawak Govt's Acquisition Of MASwings To Be Finalised On Feb 12

KUCHING, Feb 7 (Bernama) -- Sarawak government’s acquisition of MASwings Sdn Bhd, a subsidiary of Malaysia Aviation Group, is set to be finalised through the signing of a sale and purchase agreement on Wednesday next week (Feb 12).

KL Rubber Market Closes Higher, Tracking Steady Crude Oil

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 3 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by steady benchmark crude oil prices and the weakening of the ringgit against the US dollar, said a dealer.

ACCCIM Urges Govt to Provide Export Credit Scheme, Lower Import Duties

KUALA LUMPUR, Feb 3 (Bernama) -- The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has urged the government to provide an export credit scheme and lower import duties on raw materials to support businesses, particularly micro, small, and medium enterprises.

Govt Proposes Mandatory Two Pct EPF Contribution For Foreign Workers - PM Anwar

KUALA LUMPUR, Feb 3 -- The government has proposed to implement a mandatory two per cent Employees Provident Fund (EPF) contribution rate on foreign workers, said Prime Minister Datuk Seri Anwar Ibrahim.

Sluggish Exports To Weigh On CPO Futures Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to show a downside bias next week, amid sluggish export demand, according to palm oil dealer David Ng.

Rubber Market To Be Balanced Next Week, Amid Rainfall, CNY Supply Disruptions

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.

CPO Futures Continue Uptrend On Weaker Output Forecast, Higher Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives climbed for the fourth consecutive day of trading on Friday due to higher soybean oil prices as well as weaker production outlook in the coming weeks, a dealer said.

Renewed Buying Interest Lifts Bursa Malaysia To End Higher In Thin Trading

By Anas Abu Hassan

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia staged a rebound from early losses to end the holiday-shortened trading week on a positive note, albeit in thin trading, supported by renewed buying interest, said an analyst.

Bursa Malaysia Open Marginally Higher But Turns Lower Thereafter

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia opened marginally higher but turned lower thereafter, weighed by cautious sentiment despite Wall Street’s positive overnight performance, an analyst said.

Chinese New Year Lull Weighs On Gold Futures To End Lower

KUALA LUMPUR, Jan 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, as subdued trading ahead of the Chinese New Year holiday weighed on the market, despite the positive momentum in the United States COMEX gold market, an analyst said.