Targeted Diesel Subsidy Rationalisation Not Main Driver Of Rising Manufacturing Costs - MOF

KUALA LUMPUR, Nov 26 (Bernama) -- The Ministry of Finance (MoF) has emphasised that the targeted rationalisation of diesel subsidies starting in June 2024 is not the main cause of the rise in costs of goods in the manufacturing sector, which led to the decline in the Purchasing Managers’ Index (PMI) in July 2024.

Energy-related Sector Among Potential Investments Raked In From PM's Official Visit To S. Korea - MITI

KUALA LUMPUR, Nov 26 (Bernama) -- The investment potential generated from Prime Minister Datuk Seri Anwar Ibrahim's official visit to South Korea is related to the electric vehicle sector, metals for electric vehicle applications, bio-pharmaceuticals, green technology, and the carbon capture and storage sector, said the Ministry of Investment, Trade, and Industry (MITI) today.

Termination Of DNB-TM SSA Won’t Affect 5G Access For TM Customers - Gobind

KUALA LUMPUR, Nov 26 (Bernama) -- The termination of the share subscription agreement (SSA) between Digital Nasional Bhd (DNB) and Telekom Malaysia Bhd (TM) will not jeopardise 5G access for the latter’s customers, said Digital Minister Gobind Singh Deo.

Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira. 

IOI Properties Among Top Losers On Bursa Malaysia After Disappointing 1Q Earnings

KUALA LUMPUR, Nov 26 (Bernama) -- IOI Properties Group Bhd (IOIPG) became the second biggest loser on Bursa Malaysia at midday after its first-quarter earnings for the financial year ended June 30, 2025 (1Q FY2025) missed expectations.

FBM KLCI Futures Mostly Lower In Early Trade

KUALA LUMPUR, Nov 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were mostly lower in early trading.

FBM KLCI Futures End Higher

KUALA LUMPUR, Nov 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today. 

KLCI Futures Set To Continue Range-bound Trading Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to continue trading in range-bound mode with an upward bias next week.

FBM KLCI Futures End Flat

KUALA LUMPUR, Nov 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended mostly unchanged today. 

Petron Malaysia Records Sharp Fall In 3Q Net Profit

KUALA LUMPUR, Nov 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd’s net profit fell to RM4.63 million in the third quarter (3Q) ended Sept 30, 2024, from RM81.90 million a year earlier amid a downward trend in oil prices.

FBM KLCI Futures End Lower

KUALA LUMPUR, Nov 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today. 

Bank Rakyat Issues Inaugural RM500 Mln ASEAN Sustainability SRI Sukuk

KUALA LUMPUR, Nov 21 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.