LATEST NEWS   The investment is similar to what other countries have undertaken to facilitate the restructuring of their critical industry players like Singapore's Sembcorp and South Korea's Daewoo Shipbuilding - PNB | The investment is critical in facilitating the completion of one of the largest debt restructuring exercises in Malaysia, involving some of the largest banks - PNB | The investment will help prevent the liquidation of SEB, which would result in the fire sale of strategic national oil and gas assets, domestically and globally - PNB | SEB has more than 2,000 vendors, many of which are SMEs employing about 59,000 core employees in the oil and gas industry - PNB | Investment by Malaysia Development Holdings Sdn Bhd in SEB will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors - PNB | 

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FBM KLCI Futures End Lower, Tracking Cash Market's Performance

KUALA LUMPUR, Sept 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, in line with the performance of the underlying cash market. 

PropertyGuru Hopes Govt Will Continue Focus On Affordable Housing In Budget 2025

KUALA LUMPUR, Sept 23 (Bernama) -- PropertyGuru and iProperty have expressed hope Budget 2025 will continue to focus on housing initiatives aimed at underserved communities, including the low-to-middle income segment.

Budget 2025: KPK Proposing Initiatives To Strengthen Oil Palm Industry

PUTRAJAYA, Sept 23 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has submitted two proposals to the Ministry of Finance to be considered for inclusion in Budget 2025, namely a revision of the windfall profit levy (WPL) on palm oil and additional allocations for palm oil replanting programmes.

KPK Proposes Revision Of WPL On Palm Oil; MOF Feedback Pending

PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.

LRN Corporation Is ICA Compliance Awards 2025 Exclusive Headline Partner

KUALA LUMPUR, Sept 23 (Bernama) -- LRN Corporation, the world’s largest dedicated ethics and compliance company, has become the exclusive headline partner of the ICA Compliance Awards 2025.

Govt Needs To Address Gaps In National Grids To Foster Renewable Energy Production

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian government should allocate more resources to improve the national grid and substations, said Singapore's Asiarecs Pte Ltd.

CPO Futures Likely To Trade Higher Next Week Amid Stronger Export Performance

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- Stronger export performance is expected to boost the crude palm oil (CPO) futures on Bursa Malaysia Derivatives next week, said a trader.

Gold Futures Likely To Remain Well-supported Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is expected to remain well-supported next week, driven by the deep United States (US) Federal Reserve rate cut cycle, rising geopolitical risks and the upcoming US elections, said an analyst. 

Bursa Malaysia Set To Trend Higher Next Week

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.

Malaysia Urges ASEAN To Embrace A Shared Vision For Economic Growth - PM Anwar

KUALA LUMPUR, Sept 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia seeks for ASEAN to adopt a shared vision focused on the economy, trade, investments and collaboration among neighbouring nations to ensure the region remains vibrant.

CPO Futures Close Higher On Stronger Soybean Futures

KUALA LUMPUR, Sept 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the third consecutive trading day, driven by stronger soybean oil futures on the Chicago Board of Trade, a trader said.

Gold Futures Close Higher

KUALA LUMPUR, Sept 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher amid ongoing concerns over economic slowdowns in the United States and China.