Sarawak Wants To Be Involved In The SALAM Project

KUCHING, Dec 1 (Bernama) -- Sarawak's Minister of Utility and Telecommunication Datuk Seri Julaihi Narawi hopes the federal government can provide space for the state’s telecommunications companies to be involved in the implementation of the MADANI Submarine Cable Connection (SALAM) project.

Ringgit Ends Flat Against US Dollar Ahead Of FOMC Meeting Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 1 (Bernama) – The ringgit ended flat against the US dollar today as traders adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

Renewed Bargain Hunting Lifts Bursa Malaysia, CI Up 1.25 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia started the final month of the year on a firmer footing, with the key index climbing 1.25 per cent at Monday’s close, supported by renewed bargain hunting and year-end portfolio rebalancing by institutional investors.  

Strong Trade, Contained Inflation Offer BNM Policy Flexibility Despite Softer Credit - CIMB

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia’s credit cycle is showing a loss of momentum, but strong trade and contained inflation provide Bank Negara Malaysia (BNM) policy flexibility, according to CIMB Investment Bank Bhd.

Tengku Zafrul’s Legacy Marked By Continued Fervour To Scale Up Malaysia’s Trade Competitiveness

By Karina Imran

KUALA LUMPUR, Dec 1 (Bernama) – Tengku Datuk Seri Zafrul Abdul Aziz not only leaves behind a legacy marked by a continued fervour to scale up Malaysia’s global competitiveness in trade and industry but showed remarkable leadership in being able to lower tariff rates to a more palatable level imposed by the United States.

Bursa Malaysia Higher At Midday, CI Up 1.09 Pct

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia ended the morning session higher today, with the key index rising 1.09 per cent, in line with the mostly higher performance in regional markets ahead of several key data releases.

PayNet Rolls Out Refreshed DuitNow QR Standee To Boost Visibility Nationwide

KUALA LUMPUR, Dec 1 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) has refreshed the design of the DuitNow QR standee to enhance the visibility and consistency of Malaysia’s national quick response (QR) standard.

Analaysts Maintain Overweight Call On Banking Sector Amid Earnings Resilience

KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.

CPO Futures To Remain Slightly Bullish Next Week On Weather Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to remain slightly bullish next week due to weather-related factors, a trader said.

Malaysia's October Exports Due To Winning Multi-Market Strategy -- Economist

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 30 (Bernama) -- Malaysia’s record export growth in October, rising 15.7 per cent year-on-year to RM148.32 billion, the highest ever, highlights the success of its geoeconomic hedge strategy, said IPPFA Sdn Bhd director and country economist Mohd Sedek Jantan.

CPO Futures To Remain Slightly Bullish Next Week On Weather Concerns

PKFZ Records 8 Pct Overall Revenue Growth As Of October

KLANG, Nov 28 (Bernama) -- Port Klang Free Zone (PKFZ) recorded an overall revenue increase of eight per cent as of October this year compared to a year ago, reflecting more robust business activity and stronger operational performance.