MATA, Guilin Travel Agent Association Form Strategic Partnership To Boost Tourism

KUALA LUMPUR, Feb 10 (Bernama) -- The Malaysia Tourism Agency Association (MATA) and the Guilin Travel Agent Association have signed a Memorandum of Understanding (MoU) to strengthen tourism collaboration between Malaysia and China.

CPO Futures Extend Gains On Weaker Output Growth

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to extend its gains for four consecutive days driven by weaker-than-expected output growth, a dealer said.

Ringgit Closes Lower Vs USD On Import Tariff Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States (US) import tariff on steel and aluminium industries supported the greenback.

Bursa Malaysia Ends Marginally Lower On Concerns Over Trump's Tariffs

KUALA LUMPUR, Feb 10 (Bernama) -- Gains in Axiata, Tenaga Nasional, and Maybank helped Bursa Malaysia’s main index pare earlier losses, ending marginally lower amid the ongoing concerns about US inflation and President Donald Trump’s reciprocal tariff threat.

Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM

PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

KL Rubber Market Ends Lower, In Sync With Regional Market

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today, in tandem with the decline in the regional rubber futures markets amidst rising concerns over the United States (US) trade tariff decision, said a dealer.

SME Bank Approves RM3.6 Bln Funding In FY2024

KUALA LUMPUR, Feb 10 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has facilitated about RM3.6 billion in approved financing for the 2024 (FY2024) financial year, a 35.1 per cent increase from a year ago.

Malaysia's Construction Work Done Value Up 20.2 Pct In 2024 At RM158.8 Bln

KUALA LUMPUR, Feb 10 (Bernama) -- The value of construction work done in Malaysia in 2024 grew by 20.2 per cent to RM158.8 billion, according to the Department of Statistics Malaysia (DOSM).

Ringgit Opens Lower Against US Dollar On Cautious Sentiment

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties. 

Mydin Aims Over RM3 Bln Sales Of Frozen Products This Year

By Mohd Noor Iqram Rosli

KOTA BHARU, Feb 10 (Bernama) -- Halal wholesaler and retailer chain Mydin Mohamed Holdings Bhd aims to rake in RM3.2 billion in sales revenue for this year.

Bursa Malaysia To See Cautious Trading Next Week Amid US-China Trade War -- Analysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 8 (Bernama) -- Bursa Malaysia is expected to see cautious trading next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) set to fluctuate between 1,580 and 1,600 points, said an analyst. 

FBM KLCI Futures Likely To Trade Cautiously Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in cautious mode next week, tracking the underlying cash market performance amid global uncertainties, including the United States’ trade policies.