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Rubber Market To Trade Range-bound Next Week, Tracking Tight Supply Situation Due To Weather Disruptions -- Expert

KUALA LUMPUR, Nov 30 (Bernama) -- The local rubber market is expected to trade range-bound with a tendency to be higher mainly due to a tight supply situation from the weather disruptions, said industry expert Denis Low.

Research Firms Upbeat About IHH

KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term. 

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

BNM Urges Insurers, Takaful Operators To Review Repricing Strategies For More Reasonable Implementation

KUALA LUMPUR, Nov 28 (Bernama) -- Bank Negara Malaysia (BNM) has required insurers and takaful operators (ITOs) to review their current repricing strategies for more reasonable implementation. 

Malaysia's Insurance, Takaful Industry Sees 56 Pct medical Claims Cost Inflation From 2021-2023 - Associations

KUALA LUMPUR, Nov 28 (Bernama) -- Malaysia’s insurance and takaful industry saw unprecedented cumulative medical claims cost inflation rate of 56 per cent from 2021 to 2023, according to several associations.

Volvo Malaysia Launches New Heavy-duty Trucks For Efficiency, Safety

SHAH ALAM, Nov 28 (Bernama) -- Volvo Malaysia Sdn Bhd (Volvo Trucks) has unveiled its updated heavy-duty truck range, designed to boost fuel efficiency and cut carbon emissions.  

Teledyne Dalsa Unveils Z-Trak 3D Apps Studio For In-Line Measurement, Inspection

KUALA LUMPUR, Nov 27 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in high-performance digital imaging and semiconductors, has introduced Z-Trak 3D Apps Studio, a suite of software tools developed for in-line 3D machine vision applications.

PPI Continues To Fall, 2.4 Pct Lower In October 2024

KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).

Forest City's SFZ To Focus On Banking And Logistics - MB

ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.

MITI Partners With Selangor, Johor To Ensure Dc Chargers In All Districts

KUALA LUMPUR, Nov 27 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is collaborating with the Selangor and Johor state governments to ensure that every district has at least one direct current (DC) fast charger for electric vehicle (EV) use.

Ringgit Opens Higher Vs Greenback

KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday, amid a firm US Dollar Index (DXY) as the Federal Reserve (Fed) minutes signalled a pause in the rate cut cycle.

KLK FY2024 Net Profit Declines 29.2 Pct To RM590.96 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Kuala Lumpur Kepong Bhd’s (KLK) net profit for the financial year ended Sept 30, 2024 (FY2024), declined 29.2 per cent to RM590.961million from RM834.26 million in the preceding year due to tax losses not recognised and exceptional losses.