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By Frank Julian Martin
SIBU, May 12 (Bernama) -- Sibu needs to accelerate new industrial and agricultural development initiatives to regain its economic competitiveness and prevent further outmigration of local talent, according to Delta Leasing Bhd executive chairman, Dr Gregory Hii Sui Cheng.
KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.
KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has reprimanded and imposed a fine of RM59,000 on Nurendran a/l Parathan, for engaging in manipulative trading activities in the securities of numerous counters.
KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, May 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.
KUALA LUMPUR, May 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower, tracking losses on the US COMEX.
KUALA LUMPUR, May 11 (Bernama) -- Pos Malaysia Bhd’s wholly-owned subsidiary, Pos Ar-Rahnu, has secured a short-term revolving credit-i facility of up to RM100 million from Maybank Islamic Bhd.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.
KUALA LUMPUR, May 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Monday, despite the weaker performance in the cash market.
KUALA LUMPUR, May 11 (Bernama) -- Permaju Industries Bhd's wholly-owned subsidiary Capital Intertrade Sdn Bhd (CISB) is ceasing its Ford dealership operations, having served a notice of company closure and surrender of operations to Sime Darby Auto ConneXion Sdn Bhd (Sime Darby Auto).
KUALA LUMPUR, May 11 (Bernama) -- Glomac Bhd has unveiled 16 Legacy, an exclusive collection of 16 semi-detached houses in Saujana Rawang with an estimated gross development value (GDV) of approximately RM21 million.
KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Ireka Corp Bhd (Ireka) and seven of its former directors for breaches of the Bursa Malaysia Securities Main Market Listing Requirement, while imposing total fines of RM425,000 on the directors.
