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Bullish Bias Predicted For CPO Futures Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, according to palm oil dealer David Ng. 

Malaysia-India Digital Council Formalised, To Serve As Catalyst For Bilateral Digital Trade

KUALA LUMPUR,  Jan 10 (Bernama)-- The Malaysia-India Digital Council (MIDC) has been formalised to spearhead initiatives in digital trade, technology exchange and talent mobility between Malaysia and India.

Air Travel Demand Will Be Robust In 2025, Driven By Surge In Business, Leisure Travel

KUALA LUMPUR, Jan 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has projected that air travel recovery will remain intact and demand will be robust in 2025, with an estimation of tourist arrivals of 31 million into Malaysia this year, up 15 per cent from an estimated 27 million last year.

Penang Eyes Stronger Economic Ties With Tamil Nadu Via Goto 11

GEORGE TOWN, Jan 4 (Bernama) -- The Penang government is seeking to enhance economic, investment and business relations with India, particularly Tamil Nadu, through the 11th Global Organisation of Tamil Origin (GOTO) conference, which is being held for the first time outside the southern Indian state. 

CPO Futures To Trade Slightly Bullish Next Week Due To Seasonally Strong Fundamentals

KUALA LUMPUR, Jan 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a slight bullish bias next week, given the seasonally strong fundamentals, a dealer said.

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Penang Records RM22.6 Bln Approved Investments Up To 3Q 2024

GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.

ASEAN Countries Can Emulate Malaysia To Include Sustainability In Renewed Trade Deals

By Nor Baizura Basri

KUALA LUMPUR, Dec 30 (Bernama) -- ASEAN economies can emulate Malaysia’s move to renew some of its bilateral trade deals with partner countries to include sustainability elements and the changing dynamics of the global investment landscape.

Local Institutions Maintain Bursa Malaysia Buying Streak For 10th Week

KUALA LUMPUR, Dec 30 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 10th consecutive week, with net purchases of domestic equities totalling RM416.9 million, according to MIDF Amanah Investment Bank Bhd (MIDF).  

Perma-Pipe Posts Strong Q3 2024 Results With 29 Pct Increase In Net Income

KUALA LUMPUR, Dec 24 (Bernama) -- Perma-Pipe International Holdings Inc’s net income for the third quarter ended Oct 31, 2024 (Q3) increased to US$2.5 million from US$1.9 million in the same period last year, mainly driven by better project execution. (US$1=RM4.48)

CPO Futures End Higher On Rebound In Global Oil Markets

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday supported by the rebound of soybean oil in the Dalian Commodity Exchange and Zhengzhou Commodity Exchange rapeseed oil futures, said a trader.

Gold Futures On Bursa Malaysia Likely To See Thin Trading Amid Christmas Holidays Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be thinly traded during the upcoming Christmas holiday week, with prices projected to range between US$2,585 and US$2,635 amid cautious market sentiment and subdued year-end activity.