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Cuba seeks direct trade system with Malaysia in the face of rationing - Envoy

KUALA LUMPUR, May 23 (Bernama) -- Cuba is seeking to establish direct trade with Malaysia, including barter trade, to ease the current shortage of supplies on the Caribbean island nation.

Asahi shines in choice of smartTrade for precious metal trading platform

KUALA LUMPUR, May 23 (Bernama) -- Asahi Pretec, a precious metal recycling company has selected smartTrade Technologies as technology provider to deliver its next generation precious metal trading platform, with NTT Data as a partner.

Lynas Corp's US joint venture won't impact Malaysian operations

KUALA LUMPUR, May 23 (Bernama) -- Lynas Malaysia Sdn Bhd has reaffirmed its commitment to Malaysia following the recent signing of a memorandum of understanding between its parent company and Blue Line Corporation to build a rare earths separation facility in the United States. 

MSM records net loss of RM7.06 mln for Q1

KUALA LUMPUR, May 23 (Bernama) -- Malaysia's leading refined sugar producer, MSM Malaysia Holdings Bhd recorded a net loss of RM7.06 million for the first quarter ended March 31, 2019, as compared with a net profit of RM15.81 million in the same period last year.

BIMB's Q1 net profit rises to RM202.5 mln

KUALA LUMPUR, May 23 (Bernama) -- BIMB Holdings Bhd’s net profit in the first quarter (Q1) ended March 31, 2019 rose 17.7 per cent to RM202.5 million from RM172.1 million in the same quarter last year.

Cagamas issues RM605 mln commercial papers

KUALA LUMPUR, May 23 (Bernama) -- National mortgage corporation Cagamas Bhd has issued commercial papers worth RM605 million to fund the purchase of housing loans and Islamic home financing from the domestic financial system.

April´s 0.3 pct inflation rate mainly driven by upticks in RON97 and food prices - RAM Ratings

KUALA LUMPUR, May 23 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects the inflation rate to come in at 0.3 per cent in April as compared to 0.2 per cent in March, underpinned by slightly greater inflationary pressure from the food and transport components.