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Labuan Entrepreneurs Shine At Labuan Connect! 2024

LABUAN, Nov 23 (Bernama) -- The entrepreneurial spirit in Labuan is flourishing as local food businesses continue to dominate, thanks to support from the National Information Dissemination Centre (NADI).

Bursa Malaysia Expected To Trade In Tight Range Between 1,600 And 1,610 Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 23 (Bernama) -- Bursa Malaysia is anticipated to trade within a tight range of 1,600 to 1,610 next week, with 1,600 remaining a key psychological and technical threshold, reflecting Malaysia’s resilient economic backdrop.

Ringgit To Trade In Tight Range Of 4.46-4.48 Versus US Dollar Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 23 (Bernama) -- The ringgit is expected to remain within a tight trading range, moving between RM4.46 and RM4.48 next week, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Gold Futures Likely To Remain In Uptrend Next Week

KUALA LUMPUR, Nov 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to sustain its upward momentum next week amid the ongoing Russia-Ukraine conflict, said an analyst.

Rubber Market To Edge Upward Amid Northeast Monsoon Impact - Expert

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 23 (Bernama) -- The local rubber market is expected to trade sideways with a slight upward bias due to the Northeast Monsoon, which can last for several months, said industry expert Denis Low.

Cradle Fund Partners KLDX To Introduce Alternative Fundraising Platform For Startups

KUALA LUMPUR, Nov 22 (Bernama) -- Cradle Fund Sdn Bhd, the focal agency for Malaysia’s startup ecosystem, has partnered with digital securities exchange platform Kapital DX Sdn Bhd (KLDX) to provide Malaysian startups with an alternative avenue for fundraising.

Gold Futures End Higher, Tracking US Comex Gold Market

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives extended its uptrend on Friday, tracking the steady gains in the US COMEX gold market, analysts said.

Ringgit Retreats After Three Days Of Gains

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.

Affin Bank 3Q Net Profit Rises To RM145.82 Mln

KUALA LUMPUR, Nov 22 (Bernama) -- Affin Bank Bhd posted a higher net profit of RM145.82 million in the third quarter ended Sept 30, 2024 (3Q FY2024) compared to the net profit of RM100.45 million in the same period last year.

Bursa Malaysia Stays In Positive Zone At Midday In Sync With Regional Peers

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

Globetronics Shares Rally In Early Trade After Taiwan Deal

KUALA LUMPUR, Nov 22 (Bernama) -- Globetronics Technology Bhd shares on Bursa Malaysia surged in the early session after the company entered into a strategic partnership with Taiwan-based ChipMOS Technologies Inc for integrated circuit services.