Deleum Acquires 70 Pct Stake In Indonesia’s PT OSA For RM31.3 Mln

KUALA LUMPUR, Dec 5 (Bernama) -- Deleum Bhd’s (Deleum) wholly-owned subsidiary, Deleum Services Sdn Bhd, today has signed a share purchase agreement to acquire a 70 per cent stake in PT OSA Industries Indonesia Pte Ltd (PT OSA) for US$7 million (RM31.3 million).

Ensure Budget And Economic Growth Benefits Reach Grassroots - PM Anwar

PUTRAJAYA, Dec 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the country's budget and development framework is aimed at not only driving economic growth but also ensuring that its benefits reach the grassroots level.

Utility, Plantation Stocks Lead Bursa To Close At Intraday High

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, driven by bargain hunting in selected heavyweight counters, led by utility and plantation stocks.

Rubber Market Ends Higher Boosted By Gains In Shanghai Rubber Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market ended higher today, driven by sharp gains in the Shanghai rubber futures, supported by positive Chinese economic data, a dealer said. 

Malaysia's November Manufacturing PMI Eases To 49.2

KUALA LUMPUR, Dec 2 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) eased to 49.2 in November this year from 49.5 in October, signalling a marginal moderation in the sector.

Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.

Rubber Market To Trade Range-bound Next Week, Tracking Tight Supply Situation Due To Weather Disruptions -- Expert

KUALA LUMPUR, Nov 30 (Bernama) -- The local rubber market is expected to trade range-bound with a tendency to be higher mainly due to a tight supply situation from the weather disruptions, said industry expert Denis Low.

FBM KLCI Seen To Move Between 1,600 And 1,610 Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- Bursa Malaysia is likely to maintain its recovery momentum in the coming week, with the FBM KLCI moving within a constrained range of 1,600-1,610, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.

Rubber Market Ends Mixed Amid Tight Rubber Supply Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 29 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday due to concerns over supply disruptions caused by rain and floods in key producing countries, a dealer said.

Analysts Positive On Sime Darby FY2025 Earnings Growth

KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd has raised its financial year 2025 and 2026 (FY2025–FY2026) earnings forecasts for Sime Darby Bhd by two per cent to account for an upward revision of its 2025 Perodua sales volume assumption to 330,000 units from 310,000 units.

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

Maybank Asset Management Partners With Fidelity International To Launch Multi-Asset Fund

KUALA LUMPUR, Nov 29 (Bernama) -- Maybank Asset Management Sdn Bhd (MAM Malaysia) has launched the MAMG Alpha Capital & Income Opportunities Fund to enhance diversification and deliver both income and capital growth.