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Hextar Industries To Soft Open 5 Luckin Coffee Outlets This Month

KUALA LUMPUR, Jan 16 (Bernama) -- Hextar Industries Bhd, through its subsidiary Global Aroma Sdn Bhd (GASB), is set to launch a soft opening for five Luckin Coffee outlets by the end of this month.

Sarawak Oil Palms Eyes RM1.5 Mln Revenue With AvantHealth Product's Debut In China

KUALA LUMPUR, Jan 16 (Bernama) -- Sarawak Oil Palms Bhd is targeting revenue of RMB 2.4 million (RM1.5 million) as its flagship product, AvantHealth Avtriee Tocotrienols, makes its debut in the Chinese market.

Bursa Malaysia Reverses Early Gains To End Lower Ahead Of US CPI Data

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.

KL Rubber Market Ends Mixed Amid Global Rubber Supply Concern

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 15 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, with the SMR 20 continuing to rise, supported by the uptrend in the regional rubber futures market and a weaker ringgit against the US dollar, a dealer said. 

EPF's Investment In MAHB To Support Dividend Payouts

KUALA LUMPUR, Jan 15 (Bernama) -- The Employees Provident Fund's (EPF) investment decisions, including the trading of Malaysia Airports Holdings Bhd’s (MAHB) shares, align with its broader investment objectives and are aimed at generating income required for dividend payments during the financial year.

BMI Expects Malaysia’s Economy To Be Resilient In 2024 At 5.0 Pct

KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption. 

Bursa Malaysia Ends At Intraday Low Amid Mixed Regional Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on late selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.

EasyTransfer Secures Spot In KPMG’s 2024 China Fintech 50 For Third Year Running 

KUALA LUMPUR, Jan 14 (Bernama) -- EasyTransfer, a Singapore-based global education fintech firm, has been listed in KPMG’s 2024 China Fintech 50 report for the third consecutive year, affirming its status as a leading fintech company.

Bullish Bias Predicted For CPO Futures Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, according to palm oil dealer David Ng. 

Rubber Market Expected To Trade Slightly Upward Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 11 (Bernama) -- The rubber market is expected to trade slightly upward next week tracking the performance of regional rubber futures markets, according to the Malaysian Rubber Glove Manufacturers Association (Margma).

Ringgit Rebounds To End Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.

FBM KLCI Rebounds On Bargain Hunting In Banking, Telco Stocks

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.