Bursa Malaysia Opens Higher Tracking Wall Street Gains

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking  Friday’s Wall Street gains as the overall sentiment was bolstered by improving expectations of a Federal Reserve rate cut in December, with many anticipating a further 25-basis-point reduction.

Ringgit Opens Firmer Vs US Dollar As Rate-cut Expectations Grow

KUALA LUMPUR, Nov 28  (Bernama) -- The ringgit opened firmer against the US dollar on Friday, supported by sustained optimism over a potential shift in US monetary policy and improving sentiment toward emerging-market currencies.

Malaysia Leads Region As Fastest-Growing Digital Economy, Set To Hit US$39 Bln GMV In 2025

KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia is now the fastest-growing digital economy in Southeast Asia (SEA), with an increase of 19 per cent year-on-year (y-o-y), and on track to reach gross merchandise value (GMV) of US$39 billion (US$1=RM4.13) this year. 

No Sales Tax Exemption For Goods Imported Via Foreign Portals -- Amir Hamzah

KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia offers no blanket sales tax exemption on goods imported through foreign online portals, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

CPO Futures Likely To Trade Sideways Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways, as traders wait for the upcoming export estimate figures, a trader said.

KLCI Futures To Trade Cautiously Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, tracking the performance of the underlying cash market. 

Uni-Fuels Opens First Europe Office In Cyprus

KUALA LUMPUR, Nov 12 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions, has opened a new office in Limassol, Cyprus, marking its first establishment in Europe.

Rubber Market Closes Higher On Firmer Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 6 (Bernama) -- The Malaysian rubber market ended higher today, supported by firmer crude oil prices and gains in the Shanghai Futures Exchange, a dealer said.

Pharmaceutical Market Poised For Growth Following Malaysia-US Agreement

KUALA LUMPUR, Nov 3 (Bernama) -- The United States (US) pharmaceutical companies are likely to see increased sales in Malaysia following the signing of the Malaysia-US Agreement on Reciprocal Trade (ART).

Gold Finishes October Up, But Barely Clinging To US$4,000 Handle

WASHINGTON, Nov 1 (Bernama-Sputnik/RIA Novosti) -- Gold’s ascendancy into US$4,000 territory was marked by an aplomb that suggested its time had arrived, though its struggle to hold to the pricing also indicates it was rushed there.

Lower Tariff To Boost Malaysian Palm Oil Competitiveness In US Market – MPOB

By Nurul Hanis Izmir

PUTRAJAYA, Oct 27 (Bernama) --  Malaysia is set to benefit from the United States’ (US) decision to lower tariffs to below 19 per cent on 1,711 Malaysian export products, including palm oil and cocoa products -- a move which is expected to enhance the price competitiveness of Malaysian goods in the US market.

CUSTA Doubles To 4,000 Products, Offers Unlimited Customisation

KUALA LUMPUR, Oct 22 (Bernama) -- Homegrown customisation e-commerce platform CUSTA Sdn Bhd has unveiled a full-scale renewal of its service, doubling its catalogue to 4,000 products and introducing unlimited customisation combinations with instant pricing and lead-time visibility.