PHB Net Profit Surges Over Threefold To RM117.2 Mln In FY2024

KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year. 

Top Glove On Track To Achieve 43 Bln Sales Volume Target By End Of FY2025

KUALA LUMPUR, March 20 (Bernama) -- Top Glove Corporation Bhd is on track to achieve its sales volume target of 43 billion pieces of gloves by the end of the financial year ending Aug 31, 2025 (FY2025), driven by increasing orders and improved operational efficiency.

Rubber Market Closes Higher As It Tracks Regional Trend

KUALA LUMPUR, March 20 (Bernama) -- The Malaysian rubber market rebounded to close higher on Thursday as it rode the upward momentum of regional rubber markets and steady benchmark crude oil prices, a dealer said.

CILTM Sabah Backs Labuan’s Growth As A Regional Maritime Hub

LABUAN, March 20 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has been tasked by CILT Malaysia to drive the growth and development of Labuan’s logistics and transport industry.

CPO Futures End Higher On Stronger Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, March 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, reversing earlier losses amid stronger soybean oil prices, said palm oil trader David Ng.

Gold Futures Close Higher, Tracking Stronger Comex

KUALA LUMPUR, March 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, reflecting the stronger performance of COMEX gold futures.

Rubber Market Closes Lower Amid Weaker Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, March 19 (Bernama) -- The Malaysian rubber market closed slightly lower on Wednesday due to losses in crude oil prices and a stronger ringgit against the US dollar, a dealer said.

New South Wales Keen To Team Up With Sarawak On Sustainable Energy

KUCHING, March 19 (Bernama) -- New South Wales (NSW), one of Australia’s leading states in the energy sector, has expressed interest in strengthening its relationship with Sarawak in the areas of renewable energy and environmental sustainability.

Malaysia’s Tech Sector Earnings To Grow This Year Amid Tariff Headwinds -- Analysts

KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s technology (tech) sector earnings are projected to grow this year, riding on stronger demand and overall recovery in the semiconductor space amid the United States (US) tariff headwinds, said analysts.

Govt Support Crucial To Accelerate AI And IoT Adoption – Expert 

KUALA LUMPUR, March 16 (Bernama) – Government support is vital in speeding up the adoption of artificial intelligence (AI) and the Internet of Things (IoT), said IoT industry expert Dr Mazlan Abbas.

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.

CPO Futures End Higher On Stronger Dalian Palm Olein Prices, Soybean Oil Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher amid firmer prices in China’s Dalian palm olein and soybean oil market, said palm oil trader David Ng.