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ADB Deploys Nearly US$40 Bln For Development Across Asia And The Pacific In 2024

KUALA LUMPUR, April 24 (Bernama) -- The Asian Development Bank (ADB) committed US$24.3 billion (US$1 = RM4.39) from its own resources last year, alongside US$14.9 billion in cofinancing with its partners, to address a range of complex development challenges in Asia and the Pacific.

Malaysia’s Great Shift: Navigating The High Stakes Of Targeted Subsidies

By Siti Radziah Hamzah

KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.

Gold Futures Retreat On Profit-taking Amid Hopes Of US-China Tariff Tension Easing

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives retreated at the close today as profit-taking kicked in after it jumped to all time high yesterday, amid hopes of eased US-China tariff tension.

Gold Closes Higher Amid Rising Concerns Over Global Economy

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 22 (Bernama) --  The gold futures contract on Bursa Malaysia Derivatives closed higher for the second consecutive day on Tuesday, tracking gains on COMEX, as investors continued to flock to the precious metal amid growing concerns about the global economy.

CPO Futures End Higher On Stronger Soybean, Crude Oil Prices

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, April 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today on stronger soybean oil and crude oil prices, said palm oil trader David Ng.

Seven Pahang GLCs Report Profits In 2023

KUANTAN, April 22 (Bernama) -- Seven Pahang government-linked companies (GLCs) recorded profits in 2023 based on audited financial statements, Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail told the state legislative assembly today.

Anwar Confirms Special Parliament Session On May 5 To Discuss US Tariff Issue

PUTRAJAYA, April 22 (Bernama) -- A special sitting will be held at the Dewan Rakyat on May 5 to discuss the issue of the United States' retaliatory tariffs imposed on Malaysia.

CPO Futures Close Lower On Weaker Crude Oil, Stronger Ringgit

KUALA LUMPUR, April 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today for the sixth straight day as weaker crude oil prices and a stronger ringgit against the US dollar were weighing down the market, said palm oil trader David Ng. 

Gold Ends Higher Amid Global Political, Economic Stability Concerns

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, tracking gains on COMEX, as investors sought safe-haven assets amid concerns over global political and economic stability, according to SPI Asset Management managing director Stephen Innes.

Putra Heights Incident: Comprehensive Home Insurance Matters In Unforeseen Disasters

KUALA LUMPUR, April 20 (Bernama) -- The gas explosion incident at Putra Heights, which destroyed scores of homes, serves as a stark reminder for homeowners to seriously consider insuring their houses as well as the contents inside their homes to mitigate losses from such unforeseen calamities.

CPO Futures To See Bearish Bias Next Week On Rising Output, Weak Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 19 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade with a bearish bias next week given the rising output and weak general market sentiment, said palm oil trader David Ng. 

Gold Futures To Trade Cautiously Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, April 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade cautiously next week, as traders will be monitoring any potential trade war resolution, said an analyst.