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Ship, Cargo War Insurance Surge Amid Middle East Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, March 2 (Bernama) – The global maritime industry is closely monitoring rising tensions in the Middle East, with hull insurance and cargo war risk coverage skyrocketing in response to the current situation.

Bursa Malaysia Ends Morning Session Lower Due To Middle East Conflict

KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended the morning trading session in the red, in tandem with regional markets, as risk appetite for equities was dampened by the ongoing Middle East conflict.

Malaysia Must Brace For More Expensive Imports Following Middle East Conflict -- Tengku Zafrul

KUALA LUMPUR, March 2 (Bernama) -- Malaysia must be prepared to face impacts such as more expensive imports following the conflict in the Middle East, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

Middle East Conflict: Govt Will Try To Maintain RON95 Price Under BUDI95 Programme - PM Anwar

PUTRAJAYA, March 1 (Bernama) -- The government will try to maintain the price of RON95 petrol for Malaysians at the current level of RM1.99 per litre despite global market uncertainty due to the conflict in the Middle East, said Prime Minister Datuk Seri Anwar Ibrahim.

I-Topup Contributions Up 26 Pct, Signals High Trust In Nation’s Financial Institutions – Amir Hamzah

PUTRAJAYA, Feb 28 (Bernama) -- Public willingness to contribute above the statutory rate through the Employees Provident Fund (EPF) i-Topup scheme signals high trust in the stability of the country’s financial institutions, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Voluntary Contributions Rise To RM19.2 Bln Driven By I-Saraan Programme - EPF CEO

KUALA LUMPUR, Feb 28 (Bernama) -- The Employees Provident Fund (EPF) voluntary contributions continued to gain momentum, rising to RM19.2 billion last year with the i-Saraan programme being the key driver, said its chief executive officer Ahmad Zulqarnain Onn.

FBM KLCI Futures Set To Trade Sideways Next Week Amid Corporate Earnings Season

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade sideways next week, as the market digests the ongoing corporate earnings season and global technology volatility.

Bursa Malaysia Likely To Trade Sideways At 1,710–1,740 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 28 (Bernama) -- Bursa Malaysia is expected to trade sideways within the 1,710–1,740 range next week, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

Rubber Market Expected Trend Up Next Week On Supply Constraints

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Feb 28 (Bernama) -- The rubber market is expected to trend up next week with demand possibly outstripping supply amid the wintering season of rubber trees, industry expert Denis Low said.

CPO Futures Close Lower On Weaker Export Demand Amid Stronger Ringgit

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Feb 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concerns over weaker export demand amid the strengthening ringgit.

Gov’t Should Strengthen Housing Policy, Address Price And Income Imbalance -- Senator

KUALA LUMPUR, Feb 26 (Bernama) -- The government should strengthen national housing policy with more effective price controls and better-targeted tax incentives to tackle the imbalance between house prices and the public’s income growth, urged Senator Michael Mujah Lihan.

Bursa Malaysia Closes Lower Amid Continued Profit-taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia closed lower on Wednesday on profit-taking activity, extending its loss for the second straight session.