1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Managed by Lendlease Global Commercial Trust Management Pte Ltd (Manager), Lendlease Global Commercial REIT (LREIT), has posted a positive rental reversion of 11.4 per cent in its first quarter (1Q) business update for fiscal year 2025 (FY2025).
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Hartalega Holdings Bhd posted a lower net profit of RM8.63 million for the second quarter (2Q) ended Sept 30, 2024 (FY2025) compared to RM27.70 million in the same quarter last year.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) – Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- The unit price index of steel and metal recorded a decrease between -0.6 per and -4.9 per cent in most parts of Malaysia in October 2024, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 13.9 per cent to 30,929 tonnes in September 2024 compared to 35,908 tonnes in August 2024, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.
1y ago
PERU (Lima), Nov 12 (Bernama) -- The APEC Putrajaya Vision 2040 and the Aotearoa Plan of Action continue to guide the Asia-Pacific Economic Cooperation (APEC) forum toward a dynamic and inclusive Asia-Pacific community, according to APEC Senior Officials’ Chair Ambassador Carlos Vasquez.
1y ago
LIMA (Peru), Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will receive Peru’s highest honour, the "El Sol del Peru", in recognition of his role as Head of Government during his first official visit to the Latin American nation since assuming office in 2022.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The trend of declining fiscal deficit reflects the government's commitment to reducing the debt-to-gross domestic product (GDP) ratio, ensuring it stays below 60 per cent in the medium term, as stipulated by the Public Finance and Fiscal Responsibility Act 2023 (Act 850).
1y ago
From M. Saraswathi
LIMA (Peru), Nov 11 (Bernama) -- The 2024 Asia Pacific Economic Cooperation (APEC) Economic Leaders’ Week begins with leaders and ministers set to discuss policies that could help economies overcome various challenges such as climate change, sustainable energy solutions, digital economy transition, and trade facilitation while promoting innovation and inclusiveness.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives surged close to RM5,200 per tonne for the January 2025 benchmark contract, reaching the highest level since June 2022, said a trader.
1y ago
By Kenny Teng Khoon Hock
BANGKOK, Nov 11 (Bernama) -- The Roundtable on Sustainable Palm Oil (RSPO) signed a memorandum of understanding (MOU) on Monday with the High Conservation Value Network (HCVN) to enhance efforts in safeguarding high conservation values (HCVs) and high carbon stock (HCS) forests integral to sustainable palm oil production.