FBM KLCI Futures Likely To Trade Rangebound Next Week

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to move rangebound next week, in line with the underlying cash market, an analyst said.

MITI Launches Anti-Dumping Duty Probe On Steel Wire Rods From China, Indonesia, Vietnam

KUALA LUMPUR, Oct 11 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) will launch an anti-dumping duty investigation into steel wire rods originating from or exported by China, Indonesia, and Vietnam. 

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

ASEAN Must Remain A Strong Entity, Resist Divisions - FM Mohd Hasan

By Sharifah Hunani Syed Ismail

VIENTIANE, 11 Oct (Bernama) -- ASEAN must remain a strong entity, which requires every member of the bloc to avoid creating divisions by siding with conflicting countries.

Top Glove’s Sales Growth Momentum To Sustain Into 2025 - RHB Research

KUALA LUMPUR, Oct 11 (Bernama) -- Top Glove Corporation Bhd’s sales volume growth momentum is expected to be sustained into 2025 due to increased inventory restocking and potential shifts in trade caused by United States (US) tariffs on China, said RHB Research.

Labour Market Outlook Remains Positive For Remainder Of 2024 -- HLIB

KUALA LUMPUR, Oct 11 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s labour market outlook for the rest of 2024 to remain positive, with the unemployment rate likely to hold steady at around 3.2 per cent.

Malaysia Could Supercharge FDI Through Budget 2025 Initiatives - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia could supercharge its foreign direct investment (FDI) through Budget 2025 by offering bold tax incentives, streamlined regulations, and targeted sector support, said analysts.

Bursa Malaysia Mulls New Futures Contract For Used Cooking Oil

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia has confirmed its plan to introduce a new futures contract for used cooking oil, pending industry consultation and regulatory approval.

Budget 2025: Reduce Rubber Glove Export Levy By Half, Says Top Glove

KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer Top Glove Corporation Bhd has called on the government to reduce the rubber glove export levy by at least by 50 per cent in Budget 2025.

Malaysia, UAE Enhance Trade Prospects After Concluding CEPA Negotiations - Tengku Zafrul

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.

MIDA Achieves Nearly Half Of RM2.5 Bln Investment Goal At IGEM 2024 As Of 2nd Day

KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today unveiled seven memoranda of understanding (MoUs) with potential investments of over RM1 billion in the green sector at the International Greentech & Eco Products Exhibition & Conference 2024 (IGEM) here.

Top Glove Net Loss Narrows To RM61.81 Mln In FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.