Bursa Malaysia Set To Trend Higher Next Week
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.
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Malaysia Urges ASEAN To Embrace A Shared Vision For Economic Growth - PM Anwar
KUALA LUMPUR, Sept 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia seeks for ASEAN to adopt a shared vision focused on the economy, trade, investments and collaboration among neighbouring nations to ensure the region remains vibrant.
Malaysia’s Pepper Exports In First 7 Months Increase To RM86.4 Mln
JOHOR BAHRU, Sept 20 (Bernama) -- Malaysia’s pepper exports reached RM86.4 million from January to July 2024, higher than the RM80.2 million during the same period last year.
Business Export Programme Generates RM74 Mln In Export Sales -- SME Bank
KUALA LUMPUR, Sept 20 (Bernama) -- SME Bank Malaysia Bhd’s business export programme (BEP) has generated over RM74 million in incremental export sales as of Aug 31, 2024, with 65 per cent of the companies entering new export markets.
CPO Futures Close Higher On Stronger Soybean Futures
KUALA LUMPUR, Sept 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the third consecutive trading day, driven by stronger soybean oil futures on the Chicago Board of Trade, a trader said.
MAHB Records 12 Mln Passengers In Aug 2024
KUALA LUMPUR, Sept 20 (Bernama) -- Malaysia Airport Holdings Bhd (MAHB) reported a total of 12 million passengers across its airport network in August 2024.
Three Major Chinese Heavy Industry Firms Set To Establish Operations In Labuan
By Jailani Hasan
LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.
Ringgit The Clear Winner From FFR Cut, Pivots Vs USD
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is the clear winner from the 50 basis points (bps) cut to the United States federal funds rate (FFR), as it continued its appreciation against the greenback, said an analyst.
Northport Achieves New Breakbulk Record With 52,480 FWTs of Steel Cargo
KUALA LUMPUR, Sept 20 (Bernama) -- Northport (Malaysia) Bhd, a member of the MMC Group, has set a new record for breakbulk cargo handling from a single vessel, surpassing its previous milestone set in March this year.
iPhone 16 Buyers Weigh Options Amid Price Differences
KUALA LUMPUR, Sept 20 (Bernama) -- As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the US dollar and Singapore dollar.
Glomac's 1Q Net Profit Rises To RM7.28 Mln
KUALA LUMPUR, Sept 20 (Bernama) -- Glomac Bhd’s net profit for the first quarter of the financial year ending July 31, 2025 (1Q FY2025) rose to RM7.28 million from RM4.06 million in the same quarter last year.
Bursa Malaysia Ends Higher In Line With Most Regional Markets
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.