DMDI Ventures Launches Maiden Electrical Store In Melaka

MELAKA, Dec 1 (Bernama) -- Dunia Melayu Dunia Islam (DMDI), through its subsidiary DMDI Ventures, has launched its first electrical goods store that features the Selamat brand.

Analaysts Maintain Overweight Call On Banking Sector Amid Earnings Resilience

KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.

Perodua Launches First EV Involving Development Cost Of RM800 Mln, Local Expertise

KUALA LUMPUR, Dec 1 Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) today launched its first battery electric vehicle (EV), the QV-E, priced at RM80,000 (without insurance and excluding the battery), as part of its effort to develop a sustainable EV ecosystem.

Ringgit Opens Unchanged As Traders Await FOMC Outcome

KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.

CPO Futures To Remain Slightly Bullish Next Week On Weather Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to remain slightly bullish next week due to weather-related factors, a trader said.

CPO Futures To Remain Slightly Bullish Next Week On Weather Concerns

Gold Futures Likely To Trade Higher Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as prevailing data points appear to support the possibility of a US Federal Reserve interest rate cut in December.

Rubber Market Likely To Trade Sideways With An Upside Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 29 (Bernama) -- The Malaysian rubber market is expected to trade sideways with a slight upward bias in cautious mode next week.

Kuala Lumpur Rubber Market Closes Lower In Tandem With Regional Peers

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 28 (Bernama) -- The Kuala Lumpur rubber market closed lower today, mirroring the weakness in regional rubber futures markets, a dealer said.

Moody’s Upgrades Malaysia’s Power Sector Outlook To Positive

KUALA LUMPUR, Nov 28 (Bernama) -- Moody’s Ratings has revised its outlook on Malaysia’s A3-rated power sector to positive from stable, citing the implementation of a new tariff mechanism that enables more timely and effective fuel cost adjustments.

E&O Launches Clubhouse, Commercial Precint In City Of Elmina

KUALA LUMPUR, Nov 28 (Bernama) -- Property developer Eastern & Oriental Bhd (E&O) has unveiled its first clubhouse and commercial precinct in the City of Elmina, Sungai Buloh.

CPO Futures End Higher On Stronger Soybean, Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger soybean oil prices.