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Beefing Up Smallholders, Higher-yielding Trees critical for Rubber Industry’s Growth - Expert

KUALA LUMPUR, Feb 2 (Bernama) -- A comprehensive and systematic approach to re-organise smallholder rubber farmers into a federation, coupled with replanting of higher-yielding rubber tree varieties, will be critical for Malaysia to reclaim its position as the world’s leading rubber producer.

Maybank Offers Financial Relief For Flood Victims In Sarawak, Sabah

KUALA LUMPUR, Jan 31 (Bernama) -- Maybank has reiterated its commitment to assist individuals and small and medium enterprise (SME) customers affected by the recent heavy rainfall and floods in Sarawak and Sabah through its Flood Relief Assistance programme. 

Banks Extend Assistance To Flood-affected Customers In Sabah, Sarawak

KUALA LUMPUR, Jan 31 (Bernama) -- Various banks, including Public Bank Bhd, Hong Leong Bank Bhd, Standard Chartered Bank Malaysia Bhd and OCBC Bank (M) Bhd, have come forward to offer assistance to their loan and financing customers who are affected by the floods in Sabah and Sarawak.

Awantec Sells Office Building For RM25 Mln In Asset Rationalisation

KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.  

Ringgit Weakens As Fresh US Tariffs Stoke Global Trade Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit weakened against the US dollar today as market sentiment deteriorated following United States President Donald Trump's latest tariff announcements targeting China, Canada and Mexico.  

Malaysia To Facilitate Timor-Leste's Accession To ASEAN Economic Agreements - Tengku Zafrul

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia, as the ASEAN chair this year, will facilitate Timor-Leste’s accession to ASEAN Economic Agreements, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Weststar GAP, Santos Partnership Strengthens Malaysia-Timor-Leste-Australia Business Ties -- Tengku Zafrul

KUALA LUMPUR, Jan 31 (Bernama) -- The partnership between Weststar GAP Ltd and globally recognised oil and gas leader Santos Australia is a testament to the strong potential for enhanced trade and business ties between Malaysia, Timor-Leste and Australia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Global Air Passenger Demand Rises 10.4 Pct To Hit Record High In 2024 – IATA

KUALA LUMPUR, Jan 31 (Bernama) -- Global air passenger demand reached a record high in 2024, with total traffic rising 10.4 per cent compared to the previous year, according to the International Air Transport Association (IATA).

Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.

Bursa Malaysia Open Marginally Higher But Turns Lower Thereafter

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia opened marginally higher but turned lower thereafter, weighed by cautious sentiment despite Wall Street’s positive overnight performance, an analyst said.

Ringgit Opens Slightly Higher Against US Dollar Amid Higher DXY

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said.

EPF: Temporary Closure Of Bintulu Office Due To Floods

KUALA LUMPUR, Jan 30 (Bernama) -- The Employees Provident Fund (EPF) is temporarily closing its Bintulu office starting today until further notice following power shutdown in the building as a safety precaution due to rising floodwaters in the area.