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First Scheduled Waste Management Facility At SOGIP Set To Create New Jobs For Sabahans

SIPITANG, Dec 13 (Bernama) -- A strategic investment of more than RM1 billion in the development of a mini scheduled waste management facility at the Sipitang Oil and Gas Industrial Park (SOGIP) here is expected to generate new employment opportunities for the people of Sabah while supporting the growth of a sustainable, safe, and competitive industrial sector.

Bursa Malaysia To Retest 1,640 Level Amid Positive Sentiment Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 13 (Bernama) -- Bursa Malaysia is expected to maintain its upward trajectory and retest the 1,640 resistance level next week, having last reached a higher level of 1,642.33 points on Dec 31, 2024.

Gold Futures Expected To Trade Higher Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, as investors are still drawn to the safe-haven asset following the United States (US) Federal Reserve (Fed) decision to cut interest rates for the third time this year.

Ringgit Likely To Trade Cautiously Between RM4.09 And RM4.11 Vs Us Dollar Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 13 (Bernama) -- The ringgit is likely to trade cautiously next week, hovering between RM4.09 and RM4.11 against the US dollar after strengthening by 0.39 per cent week-on-week.

Rubber Market Expected To Move Sideways With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 13 (Bernama) -- The Malaysian rubber market is expected to move sideways with an upward bias in both demand and price next week, driven by the monsoon season and heavy rainfall in major rubber-producing countries, according to industry expert Denis Low.

Airwallex Secures Majority Stake In Indonesia’s PT Skye Sab

KUALA LUMPUR, Dec 12 (Bernama) -- Airwallex has acquired majority ownership of PT Skye Sab Indonesia, a PJP Category 1 licence holder, strengthening its position across Southeast Asia and expanding access to its global financial infrastructure for Indonesian merchants.

Sabah Tables RM6.4 Bln Budget For 2026

KOTA KINABALU, Dec 12 (Bernama) -- The Sabah government today tabled the state’s Budget 2026, amounting to RM6.402 billion, with an estimated surplus of RM28 million.

PERDA Launches Service Truck To Promote, Market Products Of Rural Entrepreneurs

BUTTERWORTH, Dec 12 (Bernama) -- The Penang Regional Development Authority (PERDA) continues to strengthen its commitment to rural economic development through the launch of the Desamall@PERDA Service Truck, which functions as a mobile promotion and marketing platform for rural entrepreneurs.

Gold Futures End Higher On Expectations Of Further US Rate Cuts Next Year

KUALA LUMPUR, Dec 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of further interest rate cuts next year, which are making the safe-haven asset more attractive to investors.

Bursa Malaysia Ends At Two-month High On Positive Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025.

Malaysia's IPI Expands 6.0 Pct In October 2025 -- DOSM

KUALA LUMPUR, Dec 12 (Bernama) -- The Industrial Production Index (IPI) rose 6.0 per cent year-on-year in October 2025, maintaining its positive momentum in all sectors, said the Statistics Department Malaysia (DOSM).

Bursa Malaysia Higher At Midday, Tracking Strong Regional Peers

KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia traded higher in the morning session, mirroring the upbeat performance of regional peers and supported by positive sentiment following Wall Street’s strong overnight gains.