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Rubber Market Is Expected To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- The local rubber market is expected to trade higher next week due to a rubber supply shortage influenced by uncertain weather conditions in rubber-producing regions, said industry expert Denis Low.

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.

Malaysia Approves RM185.3 Bln In Digital Investments From 2021 To June 2024 – PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Digital investment totalling RM185.3 billion has been approved from 2021 to June 2024, including projects from leading companies such as Nvidia Corp and Amazon Web Services, Prime Minister Datuk Seri Anwar Ibrahim said.

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.

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.

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.

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.

Bank Muamalat's Khairul Kamarudin Wins GIFA 2024 CEO of The Year Award

KUALA LUMPUR, Sept 20 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) president and chief executive officer (CEO) Khairul Kamarudin has won the prestigious CEO of the Year award at the Global Islamic Finance Awards (GIFA) 2024.

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.