Cabinet Reshuffle A Chance To 'Reignite' Madani Economy, Boost SME Competitiveness - SAMENTA

KUALA LUMPUR, Dec 16 (Bernama) -- The cabinet reshuffle presents an important opportunity to “reignite the MADANI Economy and strengthen policy execution, particularly in areas that directly affect businesses, investors, and workers,” according to the Small and Medium Enterprises Association Malaysia (SAMENTA).

CPO Futures End Lower On Weak CBOT Performance

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower on Tuesday, weighed down by weaker soybean oil performance on the Chicago Board of Trade (CBOT), a trader said.

Heavy Responsibility To Lead MITI Amid Challenging Global Economic Environment — Johari

KUALA LUMPUR, Dec 16 (Bernama) -- Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani has described his appointment to helm the Ministry of Investment, Trade and Industry (MITI) as a significant responsibility.

China Market Launches Overseas Digital Mall In Malaysia, Establishing ASEAN Hub

KUALA LUMPUR, Dec 16 (Bernama) -- China Market has selected Malaysia as its ASEAN hub, bringing Chinese industrial-belt products into Southeast Asia while enabling Malaysian brands to access China through its Market Express Channel, following the official launch of the China Market Overseas Digital Mall in Malaysia.

Ringgit Continues To Climb Against Greenback Ahead Of US NFP Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing against the greenback at the 4.08 level ahead of the release of US nonfarm payrolls (NFP) data later tonight.

Noraini Ahmad Appointment To Boost Sustainable Agribusiness Growth

KUALA LUMPUR, Dec 16 (Bernama) -- The appointment of Datuk Seri Dr Noraini Ahmad to lead the Ministry of Plantation and Commodities is expected to sustain efforts to steer Malaysia’s agribusiness sector towards more sustainable growth.

KLCI Futures Ends Higher In Line With Firmer Cash Market

KUALA LUMPUR, Dec 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, tracking gains in the underlying cash market.

BPMB Provides RM97.63 Mln Financing Facility To Johor's Coronade Properties

JOHOR BAHRU, Dec 16 (Bernama) -- Bank Pembangunan Malaysia Bhd (BPMB) today formalised a RM97.63 million Term Financing-i facility with Coronade Properties Sdn Bhd (CPSB) to fund public infrastructure works for Coronation Square, an integrated mixed-use development in Johor Bahru.

Rubber Market Ends Mixed Amid Stronger Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 16 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, influenced by downtrends in regional rubber futures, declining crude oil prices, and a slightly stronger ringgit against the US dollar, said a dealer.

MITTA, MOTAC Step Up Efforts To Curb Illegal Tourism Operators

KUALA LUMPUR, Dec 16 (Bernama) — The Malaysian Indian Tour and Travel Association (MITTA) and the Ministry of Tourism, Arts and Culture (MOTAC) are stepping up efforts to curb illegal and unlicensed tourism operators amid a rise in such activities.

Bursa Malaysia Closes Higher For Fourth Consecutive Session

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop.

Akmal Nasrullah Named Economy Minister

KUALA LUMPUR, Dec 16 (Bernama) -- After helming the deputy minister’s role twice in different ministries, Akmal Nasrullah Mohd Nasir will now take on a new role as Economy Minister.