Velesto Energy Unit Bags US$157 Mln Contract From Petronas Carigali

KUALA LUMPUR, March 2 (Bernama) -- Velesto Energy Bhd's (VEB) indirect wholly owned subsidiary, Velesto Drilling Sdn Bhd, has secured a contract worth US$157 million from Petronas Carigali Sdn Bhd (PCSB) to provide a jack-up drilling rig for the PCSB 2026-2030 contract period.

Bursa Malaysia Ends Morning Session Lower Due To Middle East Conflict

KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.

Malaysia's Manufacturing PMI Eases In February, Firms Remain Optimistic On The Outlook -- S&P Global

KUALA LUMPUR, March 2 (Bernama) -- Business conditions in Malaysia’s manufacturing sector moderated for the first time in four months in February 2026 based on the S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI), which eased to 49.3, below the neutral 50.0 threshold.

Malaysia’s Loan Growth To Expand Within 5-5.5 Pct This Year -- Kenanga IB

KUALA LUMPUR, March 2 (Bernama) -- Malaysia’s loan growth is expected to expand within 5.0 per cent to 5.5 per cent this year, up from 4.8 per cent in 2025, supported by a favourable base effect at end-2025 and steady domestic demand, said Kenanga Investment Bank Bhd (Kenanga IB).

Rubber Production Incentive Activated In Sabah, Sarawak For February 2026

KUALA LUMPUR, Feb 28 (Bernama) -- The Rubber Production Incentive (IPG) has been activated for rubber smallholders in Sabah and Sarawak for February 2026 following lower average farmgate prices for cuplump rubber in both states, said the Malaysian Rubber Board (MRB).

CPO Futures Expected To Trade Higher Next Week Amid Weak Production

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Feb 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week due to expected weak production.

FBM KLCI Futures Set To Trade Sideways Next Week Amid Corporate Earnings Season

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade sideways next week, as the market digests the ongoing corporate earnings season and global technology volatility.

Gold Futures Likely To See Cautious Trading Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, as traders are waiting on fresh leads and developments related to the US-Iran nuclear talks.

CIMB Treasury And Markets Research Expects BNM To Hold OPR At 2.75 Pct At March 5 MPC Meeting

KUALA LUMPUR, Feb 27 (Bernama) -- CIMB Treasury and Markets Research expects Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent at the next Monetary Policy Committee (MPC) meeting on March 5, amid renewed uncertainty over the United States tariff rates.

Gold Futures End Lower On Softer Greenback, US-Iran Uncertainty

KUALA LUMPUR, Feb 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Friday amid a softer greenback and uncertainty concerning the US-Iran nuclear deal.

KLCI Futures End Lower

KUALA LUMPUR, Feb 27 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower on the final trading day of the week, in line with the subdued performance of the cash market.

Gold Futures End Lower

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower on Thursday despite persisting uncertainty over US tariff policy and US-Iran negotiations.