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Rubber Market Ends Lower On Stronger Ringgit, Mixed Regional Futures

KUALA LUMPUR, Jan 13 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, influenced by a stronger ringgit against the US dollar as well as mixed signals from regional rubber futures markets and benchmark crude oil prices, a dealer said.

Nippon Kinzoku Deploys "Eco-Product" Lineup Using Composite Metal Forming Technology

KUALA LUMPUR, Jan 13 (Bernama) -- Nippon Kinzoku Co Ltd has commenced the full-scale deployment of its "Eco-Product" lineup, featuring products manufactured with its proprietary "Composite Metal Forming Technology".

Berkshire Hathaway Specialty Insurance Promotes David Lee To Global CHRO

KUALA LUMPUR, Jan 13 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has promoted David Lee to Global Chief Human Resources Officer (CHRO), based in Boston, succeeding Kim Briones, who is retiring from her full-time role.

Fertiliser Investment Key To Manage Climate Impacts On Palm Oil -- MPOB

KUALA LUMPUR, Jan 12 (Bernama) -- Fertiliser investment is crucial to ensuring Malaysia’s palm oil sector is protected from lower yields due to climate headwinds.

Vantris Energy's Unit To Dispose Stake In L&T-Sapura Shipping For US$30.5 Mln In Total Consideration

KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).

Bursa Malaysia's Key Index Rebounds 0.27 Pct On Heavyweight Buying

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia’s benchmark index rebounded from earlier losses to close at its intraday high on Wednesday, gaining 0.27 per cent in late trading as buying interest returned to selected heavyweights.

Bursa Malaysia Extends Loss At Mid-afternoon Amid Lacklustre Market

KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia traded mixed at mid-afternoon, with the benchmark index slipping 0.54 per cent amid a lacklustre market, in contrast to mainly higher regional markets. 

 

Putra Heights Incident: Balancing Safety And Urban Development

KUALA LUMPUR, Sept 1 (Bernama) -- When a Petronas Gas Bhd (PGB) pipeline ruptured in Putra Heights during the Hari Raya Aidilfitri holidays, sending a fireball hundreds of metres into the air, it was a stark reminder of how modern development and critical infrastructure must coexist safely.

SC Charges Former Khee San Bhd CEO For Causing Wrongful Loss Of RM7.12 Mln

KUALA LUMPUR, Jan 5 (Bernama) -- The Securities Commission Malaysia (SC) has charged Datuk Seri Liew Yew Chung, the former chief executive officer (CEO) and non-independent non-executive chairman of Khee San Bhd (KSB), for causing a wrongful loss of RM7.12 million to KSB’s subsidiary, Khee San Food Industries Sdn Bhd (KSFI).

Bursa Malaysia Up 0.63 Pct On Technology Rally Amid Geopolitical Risks

By Harizah Hanim Mohamed

KUALA LUMPUR, Jan 5 (Bernama) -- Bursa Malaysia’s key index rose 0.63 per cent, sustaining a positive tone in line with major Asian markets, as a rally in technology stocks lifted sentiment, while heightened geopolitical risks reinforced investor preference for stable earnings and dependable cash flows in the Malaysian equity market.

Service Tax On Rentals For MSMEs Reduced To 6 Pct – PM Anwar

KUALA LUMPUR, Jan 5 (Bernama) -- Service Tax on rentals for micro, small and medium enterprises (MSMEs) has been reduced to six per cent from eight per cent, said Prime Minister Datuk Seri Anwar Ibrahim.

Late Buying Lifts Bursa Malaysia’s Key Index To Close Firmer 

By Anas Abu Hassan

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia’s barometer index ended firmer today, reversing losses earlier in the day to close 0.21 per cent higher -- a new high this year -- driven by late buying activities amid signs of year-end window dressing.