1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Digital adoption is becoming a critical factor for success in Malaysia's tourism industry, particularly for hotel operators seeking to thrive in an increasingly competitive and dynamic market.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 7 (Bernama) -- The Kuala Lumpur rubber market continued to close mixed on Thursday, supported by the uptrend in regional rubber futures markets and encouraging Chinese economic data amid China’s affirmation to sustain its economic recovery, a dealer said.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday as price rallied above RM4,900 per tonne for January 2025 benchmark contract, a trader said.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by gains in regional futures markets and a weaker ringgit against the US dollar, a dealer said.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit’s value is still strong amid recent market developments and adjustments, with the local note rising by 5.03 per cent against the US dollar as at Nov 4, 2024.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit maintained its upward momentum, opening higher on Tuesday as the US Dollar Index (DXY) weakened following last Friday’s release of US non-farm payroll (NFP) data, said an analyst.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to above RM4,900 per tonne for November and December 2024 contracts, supported by higher crude oil and soybean oil prices, a trader said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Monday but remained buoyed by ongoing political uncertainties in the United States and Middle East geopolitical tensions, said an analyst.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 2 (Bernama) -- The local rubber market is expected to trade range-bound, with re-stocking activities balancing prices and demand amid subdued, coupled with uncertain market sentiment, said industry expert Denis Low.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.