1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 5.2 per cent to 35,979 tonnes in August 2024 against 37,960 tonnes in July 2024, according to Statistics Department Malaysia (DOSM).
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI).
1y ago
KUALA LUMPUR, Oct 9 (Bernama) — Malaysia is on track to capture a significant portion of the global digital market as the country’s digital economy is expected to contribute 25.5 per cent to the gross domestic product (GDP) by the end of 2025, said Digital Minister Gobind Singh Deo.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their decline on Wednesday due to profit-taking ahead of the Malaysian Palm Oil Board’s (MPOB) September 2024 data due tomorrow, said a trader.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- China's Rural Tourism Highway 1 has welcomed over 25 million visitors and generated a tourism revenue of more than 12 billion Chinese yuan, showcasing the vigorous development of tourism in Qiandongnan, in the first eight months of this year. (100 Chinese yuan = RM60.62)
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia remained higher at midday, tracking Wall Street’s positive performance amid declining crude oil prices and ongoing Middle East tension, an analyst said.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- Amanah Hartanah Bumiputera (AHB) has set its final income distribution for the six-month period ended Sept 30, 2024 at 2.50 sen per unit, bringing the total distribution to five sen per unit for the full year of 2024.
1y ago
By Afifitri Muhammad
KUALA LUMPUR, Oct 9 (Bernama) -- An increase in the Skill Development Fund Corporation (PTPK) and a rise in the number of government-supervised early childhood education centres are among the key expectations of the youth in the country for Budget 2025 to be tabled in Parliament this Oct 18.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened slightly higher against the US dollar as investors shifted their attention to the extent and timing of anticipated US interest rate cuts, confident that monetary easing will persist, said an economist.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Ireka Corporation Bhd’s wholly-owned subsidiary, Shoraka Construction Sdn Bhd (SCSB), has won a RM1.07 billion highway construction sub-contract.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 8 (Bernama) -- Indian refiners' decision to cancel approximately 100,000 metric tonnes of palm oil purchases in response to its government’s recent import tax hike is considered a temporary measure, said Malaysia’s Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani today.
1y ago
KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia remained lower at midday, along with most regional markets, as rising oil prices caused by the Middle East conflict weighed on sentiment, said an analyst.