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RHBIB Upgrades Call On Plantation Sector, Share Prices Yet To Reflect CPO Prices

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.

Kerjaya Prospek's Shares Up Following Plans To Expand Property Portfolio In Penang

KUALA LUMPUR, Nov 12 (Bernama) -- Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.

APEC Putrajaya Vision, Aotearoa Plan Of Action Chart Course For Dynamic, Inclusive Community

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.

PM Anwar To Receive Peru's El Sol Medal On Historic Latin America Visit – Ambassador

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.

Govt Committed To Reducing Fiscal Deficit, Keep Debt-To-GDP Ratio Below 60 Pct

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).

APEC Leaders, Ministers To Discuss Policies To Thrive Economies, Inclusiveness

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.

KL To Host ‘World Of Opportunities: Russia-ASEAN’ International Business Forum On Nov 26-27

KUALA LUMPUR, Nov 11 (Bernama) -- The “World of Opportunities: Russia-ASEAN” International Business Forum, scheduled to be hosted in the capital here on Nov 26-27, is aimed to consolidate the positions of key economic players in the region.

New Private Specialist Hospital In Kuala Pilah By 2028 With RM150 Mln Investment

SEREMBAN, Nov 11 ( Bernama) -- Kuala Pilah is set to welcome a new private specialist hospital, thanks to a collaboration between Oval Gallery Sdn Bhd and Sena Healthcare Services Sdn Bhd.

EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

Bursa Malaysia Ends Lower On Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst. 

Biban24 Wraps Up With US$9 Bln In Agreements, Fuelling Saudi's SME Growth 

KUALA LUMPUR, Nov 11 (Bernama) -- Agreements worth over US$9 billion were signed at Biban24, Saudi Arabia’s flagship startup and small and medium-sized enterprises (SME) forum, organised by Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom. (US$1=RM4.38)

Siemens Energy Group Explores Hydrogen Tech Integration In TNB Power Generation Plants

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 11 (Bernama) -- Siemens Energy Pte Ltd and Tenaga Nasional Bhd (TNB) are exploring the integration of the national utility’s large-scale power generation plants with hydrogen.