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Palm Oil Industry To Remain Stable In 2026, Focusing On R&D, Yield Improvement – Johari

BANGI, Dec 16 (Bernama) -- Malaysia’s palm oil industry is expected to remain stable and competitive next year, driven by continued emphasis on research and development (R&D), yield improvements and sustainable practices in line with global market requirements, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

Independent Assessors To Submit Reports On Aerotrain by Mid-January 2026 -- Malaysia Airports

KUALA LUMPUR, Dec 16 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) today announced that two independent assessors, Alstom and IJMC-PESTECH which review the Aerotrain’s design, installation, operations and maintenance, are expected to submit their consolidated reports by mid-January 2026. 

South Korea Eases Discount Rate Rules For Non-Life Insurers

KUALA LUMPUR, Dec 16 (Bernama) -- The recent easing of discount rate regulations by South Korea’s financial authorities will alleviate pressure on the solvency position of the country’s non-life insurers, according to a new AM Best commentary.

Bursa Malaysia Turns Higher At Midday On Stronger Ringgit

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia pared earlier losses to end the morning session higher, outperforming regional peers on the back of a stronger ringgit.

Ringgit Opens Stronger At 4.08 Against The Greenback, Highest In Nearly Five Years

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 16 (Bernama) -- The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.

Perma-Pipe Q3 Net Income Soars 152 Pct, Revenue Hits US$61.1 Mln

KUALA LUMPUR, Dec 16 (Bernama) -- Perma-Pipe International Holdings Inc has reported a 152 per cent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)

Captain Izham Bids Farewell To Final Media Engagement, Expresses Confidence In MAG's Successors

KUALA LUMPUR, Dec 15 (Bernama) -- Outgoing Malaysia Aviation Group (MAG) group managing director Datuk Captain Izham Ismail on Monday marked his final official engagement with the media, closing a chapter spanning more than four decades with the company, with gratitude, reflection and quiet emotion.

Gold Futures End Higher As Traders Await Key US Data

KUALA LUMPUR, Dec 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today,  as traders awaited the release of key United States data this week. 

Ringgit Ends Firmer Vs Greenback Ahead Of Key US Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit ended firmer against the US dollar on Monday, extending gains after hovering near the 4.09 level last week, as investors remained constructive ahead of upcoming key US data.

Pasukhas Unit Bags RM63.6 Mln Data Centre Job In Johor

KUALA LUMPUR, Dec 15 (Bernama) -- Pasukhas Group Bhd has secured a RM63.60 million data centre construction job in Johor from a multinational technology corporation headquartered in the United States.

MAG Aims To Double Topline Revenue To Over RM24 Bln By 2030 Through LTBP3.0

KUALA LUMPUR, Dec 15 (Bernama) -- Malaysia Aviation Group Bhd (MAG) aims to double its topline revenue to more than RM24 billion by 2030 through its Long-Term Business Plan 3.0 (LTBP3.0) unveiled today. 

Rubber Market Ends Higher On Firmer Crude Oil Prices, China Stimulus Hopes

KUALA LUMPUR, Dec 15 (Bernama) -- The Kuala Lumpur rubber market closed higher today, tracking firmer crude oil prices, a dealer said.