Niche Capital Allocates RM23.18 Mln To Advance KK Hill, Sokor Midland Gold Projects

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 8 (Bernama) -- Niche Capital Emas Holdings Bhd (NICE) plans to allocate approximately RM23.18 million or 89 per cent of the total RM26.18 million raised from its private placement exercise to advance its mining business, particularly the KK Hill and Sokor Midland projects in Kelantan.

Rubber Market Expected To Trade Sideways On Slow Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 4 (Bernama) -- The Malaysian rubber market is expected to trade sideways next week due to slowing demand for commodities including rubber, said industry expert Denis Low.

ASEAN Must Boost Interdependence, Trade, Investments For Long-term Economic Survival

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's role as the chair of ASEAN in promoting trade and investment in Southeast Asia, as well as deepening integration through greater interdependence, is crucial for its long-term economic survival amid the uncertainties of the international marketplace.

FBG To Raise Funds For Medi-City Project Via Rights Issue

KUALA LUMPUR, Sept 18 (Bernama) -- FBG Holdings Bhd, a turnkey contractor and property developer, has proposed to undertake a renounceable rights issue with warrants to raise funds for its flagship Medi-City project.

Bursa Malaysia Reprimands Fitters, Fines Five Directors RM400,000 Each

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Fitters Diversified Bhd and its five directors for breaching the Main Market Listing Requirements (Main LR).

Bursa Malaysia Opens Marginally Higher, Tracks Wall Street Rally

KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia opened marginally higher on Wednesday, extending gains for a third straight session as it tracked Wall Street’s rally on hopes of a United States Federal Reserve (Fed) rate cut, while investors awaited key inflation data due today and tomorrow.

Affin, CGC Ink MoU To Provide RM500 Mln In Financing For MSMEs, Mid-tier Companies

KUCHING, Aug 25 (Bernama) -- Affin Group and Credit Guarantee Corporation Malaysia Bhd (CGC Malaysia) have signed a Memorandum of Understanding (MoU) to provide RM500 million in financing to support micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs) across Malaysia.

Ringgit Rises Vs Greenback As Fed Signals Sept Rate Cut

KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.

Bursa Malaysia Extends Upward Momentum To End Higher

By Zarul Effendi Razali

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia extended its upward trajectory to close higher today, supported by sustained buying in selected heavyweights, despite cautious sentiment in regional markets, a dealer said.

Global Market Volatility, Supply Concerns Likely To Drive Malaysian Rubber Prices Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 16 (Bernama) -- The Malaysian rubber market is expected to experience a mixed trend next week, as volatility in global commodity and financial markets continues to influence regional rubber futures, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

RHB IB Keeps Malaysia’s 2025 GDP Growth Forecast At 4.2 Pct, With Upside To 4.4 Pct

KUALA LUMPUR, Aug 15 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia’s 2025 gross domestic product (GDP) growth at 4.2 per cent, with an upside potential of up to 4.4 per cent.

ECRL Set To Boost Kuantan Port As Strategic Trade Gateway -- Knight Frank

By Abdul Hamid A Rahman & Mikhail Raj Abdullah

KUALA LUMPUR, Aug 6 (Bernama) -- A top official of a global real estate consultancy envisages Kuantan Port to emerge as a key logistics and trade hub for Malaysia, leveraging its strategic location and connectivity via the East Coast Rail Link (ECRL).