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Gold Futures Retreat As Geopolitical Fears Ease

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 24 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives retreated at the close on Tuesday as geopolitical fears eased and investors pivoted their focus toward shifting monetary dynamics.

Telekung Brand Siti Khadijah Aims RM2.5 Mln Sales For Maharani Collection

KUALA LUMPUR, June 24 (Bernama) -- Local “telekung” (Muslim woman’s prayer veil) brand Siti Khadijah has set a sales target of RM2.5 million over a period of three months to six months for its latest telekung collection, Maharani. 

SD Guthrie, MBINS To Develop Port Dickson Free Zone

SEREMBAN, June 24 (Bernama) -- SD Guthrie Bhd (SD Guthrie) and Menteri Besar Incorporated Negeri Sembilan (MBINS) will develop the Port Dickson Free Zone (PDFZ) in Pasir Panjang, Port Dickson, covering an area of 242.8 hectares (600 acres) with a gross development value (GDV) projected to exceed RM1 billion.

Cuckoo Malaysia To Open 10 "Brandshops" Within 2 Years With RM5 Mln Investment

KUALA LUMPUR, June 24 (Bernama) -- Cuckoo International (Mal) Bhd will invest RM5 million to open 10 “brandshops” in Malaysia within two years to serve as physical “cash and carry” shops in Malaysia.

CPO Futures End Mostly Higher On Firmer Crude, Soybean Oil

By K Naveen Prabu

KUALA LUMPUR, June 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally higher today, supported by firmer crude oil and soybean oil prices. 

Gold Futures Rebound At Close Amid Middle East Tensions

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 23 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives rebounded to close higher on Monday, driven by the escalation in geopolitical tensions as the United States (US) bombed Iran’s nuclear facilities on Sunday, an analyst said.

CPO Futures Expected To Trade Higher Next Week On Soybean, Crude Oil Strength

By Abdul Hamid A Rahman and K. Naveen Prabu

KUALA LUMPUR, June 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, buoyed by the recent strength in soybean and crude oil prices.

Gold Futures To Remain Range-Bound Next Week

By Zarul Effendi Razali

KUALA LUMPUR, June 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain range-bound in the near term in the absence of major developments, while remaining cautious of any signs of deterioration in Middle East stability.

CPO Futures End Mostly Higher On Firmer Soybean Oil, Export Performance

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher today, supported by firmer soybean oil prices and improved sentiment driven by recent strong export performance.

SST Expansion To Have Limited Direct Impact On GDP, Inflation -- RHB IB

KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).

CPO Futures End Higher On Geopolitical Tensions

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.

Empowering Financial Instruments For National Development - Academician

KUALA LUMPUR, June 19 (Bernama) -- In addition to zakat, the Islamic financial system has several methods of collecting public wealth for use in purposes determined by Islamic law, according to a lecturer at a local university.