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Gold Futures Likely To Trade In Wider Range Next Week Amid Oil Market Volatility

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is anticipated to trade within a broader range next week, as the oil market now influences the wider macroeconomic narrative.

Gold Futures Extend Losses As Safe-haven Appeal Eases

KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower at Friday’s close as traders and investors are no longer viewing gold purely through a geopolitical safe-haven lens.

Gov’t To Cover Fuel Subsidies Expected To Reach RM3.2 Bln Monthly For Public Welfare -- Amir Hamzah

KUALA LUMPUR, March 13 (Bernama) -- The government will ensure citizens continue to receive assistance through targeted RON95 subsidies under the BUDI95 initiative, while keeping petrol and diesel prices unchanged despite the rise in fuel subsidy spending, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Aria Systems Selected By Superloop For Billing Modernisation

KUALA LUMPUR, March 13 (Bernama) -- Aria Systems has announced that Australian telecommunications provider Superloop has selected Aria Billing Cloud to modernise its billing and rating operations across consumer, white-label, business, and wholesale services.

Gold Futures End Lower As Oil Prices Surge

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continue to end lower at Thursday's closing after crude oil prices surged past US$100, which pushed short end US yields and the dollar higher.

KL Rubber Market Rebounds On Crude Oil Prices Recovery

KUALA LUMPUR, March 12 (Bernama) -- The Kuala Lumpur rubber market rebounded from yesterday’s losses to close higher on Thursday, supported by a recovery in crude oil prices amid mixed signals from regional rubber futures markets, said a dealer.

MARGMA, Monash Malaysia Sign Mou To Boost Rubber Glove Talent

KUALA LUMPUR, March 12 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) and Monash University Malaysia have signed a memorandum of understanding (MoU) to strengthen talent development, research collaboration, and innovation within Malaysia’s rubber glove industry.

Malaysia Should Continue Diplomatic Engagement Amid US Section 301 Probe -- Economist

KUALA LUMPUR, March 12 (Bernama) -- Malaysia should continue its diplomatic engagement while demonstrating transparency in its manufacturing and supply chains, and strengthening trade diversification, an economist said.

Economy Ministry Finalising JS-SEZ Masterplan, Investment Blueprint

PUTRAJAYA, March 12 (Bernama) -- The Ministry of Economy is finalising the master plan and investment blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ), which is expected to be launched on March 30 in Johor Bahru.

Ringgit Extends Gains At Opening As Oil Prices Stabilise

KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.

Proposal To Allow EPF Members To Buy Base MHIT Products Via Akaun Sejahtera Being Studied - MoF

KUALA LUMPUR, March 11 (Bernama) -- The proposal to allow i-Lindung withdrawals from the Employees Provident Fund (EPF) Akaun Sejahtera (Account 2) for base medical and health insurance/takaful (MHIT) purchase is currently being studied, the Finance Ministry (MoF) said.

Gold Futures End Lower Amid Oil Price Recovery, Stronger Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday, as the US dollar strengthened and oil prices rebounded, said an analyst.