CPO Futures End Lower On Stronger Ringgit

By K. Naveen Prabu

KUALA LUMPUR, Nov 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today on a stronger ringgit, according to palm oil trader David Ng.

RM1.99 Bln In Online Sales For Malaysian Goods In 2024

KUALA LUMPUR, Nov 7 (Bernama) -- Sales of locally made products through e-commerce platforms reached RM1.99 billion last year, following collaboration between the Ministry of Domestic Trade and Cost of Living (KPDN) and platform providers under the 2024 Buy Malaysian Goods Campaign (KBBM).

Ringgit Closes At 4.17 Against US Dollar -- Its Strongest Level This Year

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.

Rubber Market Closes Mixed On Weaker Regional Futures

By K. Naveen Prabu

KUALA LUMPUR, Nov 7 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by weaker advice in the regional rubber futures markets, said a dealer.

MATRADE Confident To Achieve RM3 Bln Sales Target At MIHAS@Shanghai

By Amanina Mohamad Yusof

SHANGHAI, Nov 7 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is fully confident that the RM3 billion sales target at the Malaysia International Halal Showcase in Shanghai (MIHAS@Shanghai) 2025 can be achieved, based on the performance during the expo’s first and second days.

WorldFirst, OCBC To Support SME Cross-Border Trade In Southeast Asia

KUALA LUMPUR, Nov 7 (Bernama) -- Ant International’s WorldFirst, an all-in-one digital cross-border payment and treasury account service for global businesses, has announced a partnership with OCBC to accelerate digital trade in Southeast Asia.

EXIM Bank Exchanges Strategic MoUs With PTRB, SINOSURE At MIHAS Shanghai 2025

KUALA LUMPUR, Nov 7 (Bernama) -- The Export-Import Bank of Malaysia (EXIM Bank) has exchanged two memoranda of understanding (MoUs) with PT Resources Holdings Bhd (PTRB) and China Export & Credit Insurance Corporation (SINOSURE) during the Malaysia International Halal Showcase (MIHAS) Shanghai 2025.

Switzerland To Deepen Ties With Malaysia In Trade, Sustainability, Security -- Swiss Ambassador

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 7 (Bernama) -- Switzerland, which is located in the heart of Europe, is set to strengthen bilateral ties with Malaysia in key areas, including trade, sustainability, and peace and security.

Westports, Maybank Islamic Eye China’s Growing Halal Market Worth US$217 Bln

From Amanina Mohamad Yusof

SHANGHAI, Nov 7 (Bernama) -- As Malaysia seeks a stronger role in global halal logistics, major port operator Westports Holdings Bhd is positioning itself to capitalise on China’s rapidly growing halal food and beverage market, projected to reach US$217.10 billion by 2034.(US$1 = RM4.18).

Bursa Malaysia Slips In Early Trade Amid Regional Mixed Markets

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia opened slightly lower on Friday, tracking overnight losses on Wall Street amid mixed performances in regional markets.

Ringgit Rises Near One-year High Vs US Dollar After BNM Holds OPR

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.

CPO Futures End Higher On Firmer Soybean Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Thursday, supported by stronger soybean oil prices on the Chicago Board of Trade, said palm oil trader David Ng.