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Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

MAHB Shares Rise After Trading Halt On Takeover Offer News

KUALA LUMPUR, Jan 20 (Bernama) -- Trading in Malaysia Airports Holdings Bhd (MAHB) shares, halted at 9 am, resumed an hour later, with the shares performing positively.  

FBM KLCI Futures To Track Cash Market Recovery Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to track the underlying cash market, with a continued recovery anticipated next week.

Profit-Taking Expected In CPO Market Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see profit-taking next week as traders pare their positions ahead of the Chinese New Year celebrations, according to Interband Group of Companies' senior palm oil trader, Jim Teh.

Gold Futures Set To Remain Supported Next Week Amid Uncertainty Over Trump's Policies

KUALA LUMPUR, Jan 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives will likely remain well-supported following the unpredictability of Donald Trump policies, said an analyst.

Ringgit Likely To Trade At Around 4.50 Against US Dollar Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 18 (Bernama) -- The ringgit is expected to trade at around 4.50 against the US dollar next week as markets brace for Donald Trump’s inauguration on Jan 20, said Kenanga Investment Bank Bhd (Kenanga IB).

Rubber Market Set For Modest Rise Next Week Amid Steady Demand Ahead Of CNY Celebrations

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 18 (Bernama) -- The rubber market is likely to move up slightly next week, with steady demand ahead of the Chinese New Year (CNY) celebration, said industry expert Denis Low. 

Bank Islam Eyes 800 Sign-ups For Mastercard World Premier Wealth Credit Card-i This Year

KUALA LUMPUR, Jan 17 (Bernama) -- Bank Islam Malaysia Bhd is targeting 800 sign-ups for its newly launched Bank Islam Mastercard World Premier Wealth Credit Card-i by the end of this year.

CPO Futures End Mostly Higher

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.

Gold Futures Close Lower Amid Cautious Market Sentiment

KUALA LUMPUR, Jan 17 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today amid cautious market sentiment. 

KL Rubber Market Ends Lower Amid Mixed Regional Futures Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The Kuala Lumpur rubber market ended the week on a lower note today amid mixed advice from regional rubber futures markets, said a dealer. 

Malaysia, Singapore Collaboration Key To Johor Bahru's Economic Growth

PETALING JAYA, Jan 17 (Bernama) -- Johor Bahru’s future as a major economic hub will largely depend on the successful collaboration between Malaysia’s federal and state governments, as well as their partnership with Singapore.