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Rubber Market Ends Mixed Amid Stronger Ringgit And Regional Trends

KUALA LUMPUR, Dec 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, weighed down by the stronger ringgit against the US dollar and a mixed performance in regional rubber futures markets, a dealer said.

Malaysia Can Emerge As Regional Focal Point For Multinational Firms In ASEAN - Economist

By Mikhail Raj Abdullah

KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia can leverage its mature digital infrastructure and skilled workforce to become the focal point for regional headquarters of multinational companies (MNCs) and high-skilled services and manufacturing.

Bursa Malaysia Extends Positive Momentum In Early Session

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia extended its positive momentum in the early session on Thursday, tracking the upbeat performance on Wall Street overnight amid improving consumer confidence.

Cogeneration Systems Boost Energy Efficiency By Over 70 Pct, Support Sustainability

KUALA LUMPUR, Dec 4 (Bernama) -- Cogeneration systems, which simultaneously produce electricity and useful heat from the same energy source, can boost energy efficiency by more than 70 per cent, resulting in substantially saving energy costs and contributing to long-term environmental sustainability.

Crude Oil And Condensate Production Totalled 41.8 Mln Barrels In 3Q 2024

KUALA LUMPUR, Dec 3 (Bernama) -- The production of crude oil and condensate totalled 41.8 million barrels in the third quarter of 2024 (3Q 2024), declining by 8.9 per cent compared to the previous year, the Department of Statistics Malaysia (DOSM) reported.

Bursa Malaysia Remains Higher At Midday

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia remained higher at midday, supported by buying in selected heavyweights led by consumer products and services, industrial products and services, as well as plantation.

PTSC Asia Pacific Executes Contract For FSO Vessel In Vietnam Worth Up To US$416 Mln

KUALA LUMPUR, Dec 2 (Bernama) -- PTSC Asia Pacific has executed a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project with Murphy Cuu Long Bac Oil Co Ltd. 

Malaysia Leverages Foreign Relations To Boost Economy, Investment - Anwar

PUTRAJAYA, Dec 2 (Bernama) -- Malaysia leverages its foreign relations to enhance the economy, investment and the quality of education, said Prime Minister Datuk Seri Anwar Ibrahim.

India's Commerce Department Urges ASEAN To Buy More From India

From Ahmad Aidil Syukri Hamzah

NEW DELHI, Nov 29 (Bernama) -- The balance of trade relationship between India and ASEAN is crucial for long-term economic growth and should not be skewed in favour of one side, said India’s Commerce Department’s Additional Secretary Rajesh Agrawal.

Sapura Energy Chairman, Group CEO To Step Down

KUALA LUMPUR, Nov 29 (Bernama) -- Sapura Energy Bhd’s chairman, Datuk Mohammad Azlan Abdullah, and group chief executive officer (CEO) Datuk Mohd Anuar Taib, will be leaving their positions in the fourth quarter of the current financial year ending Jan 31, 2025 (4Q FY2025).

Remembering Ananda Krishnan

By Azman Ujang

 KUALA LUMPUR, Nov 29 (Bernama) -- Billionaire tycoon T. Ananda Krishnan, who died yesterday at age 86, hardly gave exclusive media interviews, if any, earning him the reputation of a reclusive among Malaysia's richest men.

Downturn Continues On Bursa Amid Absence Of Leads From Wall Street, US Policy Worries

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.