Automotive Sector TIV Rises 31 Pct To 63,906 Units In February -- MAA

KUALA LUMPUR, March 19 (Bernama) -- The automotive total industry volume (TIV) recovered in February, increasing 31 per cent month-on-month to 63,906 units compared to 48,732 units in January, the Malaysian Automotive Association (MAA) reported.

Gold Futures Close Marginally Lower As Markets Monitor Shifts In Geopolitical Sentiment

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed marginally lower due to a shift in geopolitical sentiment, said SPI Asset Management managing partner Stephen Innes.

URA Act: Malaysian Developers Lead Australia’s Urban Renewal While Reforms Stall At Home

KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.

Malaysia Targets RM180 Bln In 2025 Property Sales, Eyes Senior Living

KUALA LUMPUR, March 17 (Bernama) -- The Housing and Local Government Ministry is targeting to generate RM180 billion property sales across all sectors this year, said its minister Nga Kor Ming.

Batik Air Updates Power Bank Policy With New Carrying Restrictions, Effective Immediately

KUALA LUMPUR, March 17 (Bernama) -- Malindo Airways Sdn Bhd (Batik Air) has updated its power bank policy, effective immediately, allowing passengers to carry a maximum of two power banks, which must be kept on their person at all times and must not be placed in carry-on baggage.

Labuan's RM38 Mln Waterfront Revamp Set To Boost Economy, Tourism

LABUAN, March 15 (Bernama) -- Labuan, the Malaysian international business and financial hub, is set for a significant transformation with the proposed RM38 million Waterfront Development Project (Phase 1) to generate economic benefits and enhance tourism offerings in the island federal territory.

Gold Futures Likely To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, March 15 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is expected to trade higher next week.

US Tariffs Conflict To Keep Rubber Market Range-bound Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 15 (Bernama) -- The Malaysian rubber market is expected to trade within a narrow range next week, with potential volatility due to global economic and weather-related factors, said industry expert Denis Low.

Global Gold Prices Surge To New High, Lifting Bursa Malaysia's Gold Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, March 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended strongly on Friday, closely tracking the global gold market’s rally as prices soared to a new all-time high of US$2,990,21 an ounce, said an analyst.

Gold Futures Ends Higher On Trade War Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday as gold prices pushed higher due to trade war concerns ramping up ahead of the United States reciprocal tariff deadline in early April, said an analyst.

Intel Corp Appoints Chip Industry Veteran Tan Lip Bu As CEO

KUALA LUMPUR, March 13 (Bernama) -- Intel Corporation has appointed Malaysian-born Tan Lip Bu, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer (CEO) effective March 18.

Gold Futures Close Higher After Two Days Of Losses

By Danni Haizal Danial Donald

KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Wednesday as the commodity holds steady despite the Ukraine ceasefire and rising United States (US) yields, which could have sparked a deeper selloff, said an analyst.