Sime Darby to Enhance ROE, Plans Strategic Growth for FY2025

KUALA LUMPUR, Oct 16 (Bernama) -- Sime Darby Bhd aims to enhance its return on equity (ROE), reduce debt, prioritise the integration of new acquisitions and strengthen its partnership with Toyota and Daihatsu Japan in the financial year 2025 (FY2025).

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

MSPO Certification: A Step Towards Sustainability, Impact And Challenges For Smallholders

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.

Malaysia Aviation Group's First A330neo Delivery Delayed, Some Flights Impacted

KUALA LUMPUR, Oct 15 (Bernama) -- The delivery of Malaysia Aviation Group’s (MAG) first A330neo aircraft, originally scheduled for September 2024, has been delayed and is now expected to take place by late November 2024.

AirAsia Aims To Propel KLIA As World's Leading Aviation Megahub And Position ASEAN As The Next Dubai

SEPANG, Oct 15 (Bernama) -- AirAsia has reaffirmed its commitment to driving ASEAN connectivity and elevating the region’s status as a global transit point, much like how Dubai is recognised for international air travel and trade.

Several ASEAN Countries Also Interested In Joining BRICS -- PM Anwar

KUALA LUMPUR, Oct 15 (Bernama) -- Several ASEAN countries have shown interest in joining the BRICS grouping after Malaysia expressed its intention to be part of the economic bloc, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Opens Higher On Robust US Stock Market

 KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened higher today on the back of robust US stock performance overnight, said an analyst. 

Govt Has Room To Optimise Spending But Revenue Needs To Be Increased -- Rafizi

KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli. 

Malaysia Set To Capture World's Attention With ASEAN 2025 Chairmanship - PM Anwar

KUALA LUMPUR, Oct 13 Okt (Bernama) —  As the chair of ASEAN 2025, Malaysia is set to capture the world’s attention by the end of this year and into next year, thereby unlocking significant economic opportunities for the entire nation, said Prime Minister Datuk Seri Anwar Ibrahim.

MDEC Hopes More Independent Digital Talent Will Be Produced Under MOHE-MDEC GOT

MELAKA, Oct 12 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) hopes that more independent digital talent or ‘freelancers’ among graduates of higher education institutions will be produced through the MOHE-MDEC Global Outsourcing Talent (GOT) programme in the future.

CPO Futures Forecast To Trade With Positive Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week on the back of strong export performance, a trader said. 

CPO Futures Snap Three-day Losing Streak To End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Friday as concerns over stronger exports in the coming weeks supported near-term sentiment, a trader said.