ITMAX Shares Up After Securing Smart Parking Operation Contract

KUALA LUMPUR, Oct 8 (Bernama) -- ITMAX System Bhd's shares on Bursa Malaysia rose in the early session today after the group’s subsidiary was appointed as the smart parking operator for 8,640 street parking bays by the Muar Municipal Council (MPM), Johor.

Ringgit Opens Higher Against US Dollar On Firmer Oil Prices

KUALA LUMPUR, Oct 8  (Bernama) -- The ringgit opened higher against the US dollar this morning, supported by the firmer Brent crude oil prices which surpassed US$80 per barrel, said an analyst. 

MPOC Welcomes EU's Decision To Delay EUDR Implementation

KUALA LUMPUR, Oct 7 (Bernama) -- The Malaysian Palm Oil Council (MPOC) has commended the European Commission’s (EC) decision to delay the implementation of the European Union Deforestation Regulation (EUDR) until Dec 30, 2025.

Malaysia’s GBS Sector Should Focus On Digital Impact, Talent Development To Maintain Competitive Edge - Expert

PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.

Malaysians Must Realise That Country Is Not Immune To Effects Of Global Uncertainty -- Rafizi

KOTA KINABALU, Oct 5 (Bernama) -- Malaysians need to understand and accept that the country, being an open market economy, is exposed to the effects arising from global economic uncertainty, according to Economy Minister Rafizi Ramli.

Trading On Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.

Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.

CPO Futures Likely To Trade With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias amid rising crude oil and soybean oil prices, a dealer said.

Ringgit Seen Holding Steady Against US Dollar Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.

Ringgit’s Recent Rise Beneficial For Malaysia, But Yet To Reach Fair Value – PM Anwar

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.

Pestech Proposes Restricted Share Issuance To Dhaya Maju Worth RM160 Mln

KUALA LUMPUR, Oct 4 (Bernama) -- Pestech International Bhd (Pestech) has entered into a conditional subscription agreement with Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) for the proposed restricted issuance of the company's shares worth RM160 million.

Gold Futures End Higher Spurred By Safe-Haven Demand

KUALA LUMPUR, Oct 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher on Friday, driven by steady demand.