Westports Posts Higher Net Profit Of RM897.98 Mln In FY2024

KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd's net profit rose to RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) from RM779.43 million in the preceding year. 

Ringgit Advances Against US Dollar After BNM Maintained OPR At 3.0 Pct

By Danni Haizal Danial Donald and Karina Imran

KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies, buoyed by Bank Negara Malaysia's (BNM) Monetary Policy Committee’s (MPC) announcement on the Overnight Policy Rate (OPR).

Ringgit Closes Higher Against US Dollar Supported By Decline In Malaysia's Inflation

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.

DOSM: Malaysia’s Inflation Moderates To 1.7 Pct In December 2024

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s inflation rate for December 2024 has moderated to 1.7 per cent, with the index points standing at 133.4 as against 131.2 in the same month of the previous year, according to the Department of Statistics Malaysia (DOSM).

KL Rubber Market Closes Mixed Amid Weaker Regional Futures Markets

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday amid a weaker showing in the regional rubber futures markets, said a dealer.

MPOC Forecasts Seasonal Drop In Palm Oil Exports For January, February 2025

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia’s palm oil exports are expected to experience a seasonal decline in January and February this year, primarily due to a drop in production, said the Malaysia Palm Oil Council (MPOC).

Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.

Takaful Ikhlas Launches GO Serve For Seamless Takaful Management

KUALA LUMPUR, Jan 16 (Bernama) -- MNRB Holdings Bhd's wholly owned subsidiary, Takaful Ikhlas General Bhd (Takaful Ikhlas) has launched GO Serve, an innovative integrated self-service customer portal to provide its customers with seamless and immediate access to view and manage their takaful certificates.

HDC Aims To Boost Malaysia's Halal Exporters To 2,443 In 2025

KUALA LUMPUR, Jan 16 (Bernama) -- Halal Development Corporation Bhd (HDC) targets 2,443 halal exporters from Malaysia this year, compared to 1,600 as of December 2024.

Malaysia's Average CPO Price 9.7 Pct Up In 2024 To RM4,179.50 Per Tonne

KUALA LUMPUR, Jan 14 (Bernama) -- The average crude palm oil (CPO) price surged by 9.7 per cent to RM4,179.50 per tonne last year from RM3,809.50 per tonne in 2023, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

​​​​Ringgit Rebounds Vs US Dollar In Early Trade, Market Stays Vigilant

KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning amidst cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.

CPO Futures Extend Gains Driven By Stronger Vegetable Oil Market In China

KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending its gains from last Friday.