Toku Secures US$5 Mln Funding, Appoints Advisory Board Chair

KUALA LUMPUR, Nov 21 (Bernama) -- Toku, a provider of enterprise cloud communications and customer experience solutions in Asia Pacific (APAC), has successfully closed a US$5 million Series A Extension round led by Betatron Venture Group. (US$1=RM4.70)

Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Gold Futures Ease On Subdued Demand

KUALA LUMPUR, Nov 20 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today on subdued demand, tracking losses in the US COMEX gold market, an analyst said.

Rubber Market Closes Higher, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 20 (Bernama) -- The Kuala Lumpur rubber market continued its upward trend to end higher on Wednesday, buoyed by a rally in regional rubber futures markets and a weaker ringgit against the US dollar, a dealer said.

Malaysia To Prioritise Trade, ASEAN Capital Market Connectivity Ahead Of ASEAN 2025 Chairmanship 

KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia will prioritise enhancing trade facilitation among ASEAN countries and strengthening the connectivity of ASEAN capital markets, recognising the strategic importance of its capital market as the country prepares to chair ASEAN in 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

CPO Futures Close Higher, Tracking Soybean Oil Prices On CBOT

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT), said Palm oil dealer David Ng.

Rubber Market Closes Higher, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 19 (Bernama) -- The Kuala Lumpur rubber market rose to end higher on Tuesday, supported by an uptrend in regional rubber futures markets, a dealer said.

Hibiscus Petroleum Posts Lower 1Q Net Profit Of RM75.60 Mln

KUALA LUMPUR, Nov 19 (Bernama) -- Hibiscus Petroleum Bhd’s net profit for the first quarter (1Q) ended Sept 30, 2024, slipped to RM75.60 million from RM154.30 million posted in the same quarter last year. 

Bursa Malaysia Opens Lower On Fed Rate Caution

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia’s key index opened lower today, tracking Wall Street’s mixed overnight performance, as sentiment remained cautious over the US Federal Reserve’s (Fed) interest rate trajectory.  

AV AirFinance To Strengthen Global Airline Relations With Executive Appointment

KUALA LUMPUR, Nov 18 (Bernama) -- AV AirFinance Limited (AV AirFinance), a global commercial aviation loan servicer, has appointed Jonathan O’Dowd as Senior Vice President, Investments.

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

Healthy Pipeline Of Applications For BKIP 3 From Potential Investors - InvestPenang

GEORGE TOWN, Nov 17 (Bernama) -- Batu Kawan Industrial Park 3 (BKIP 3) is seeing a healthy pipeline of applications from interested investors, according to InvestPenang.