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CPO Futures Continue Uptrend On Weaker Output Forecast, Higher Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives climbed for the fourth consecutive day of trading on Friday due to higher soybean oil prices as well as weaker production outlook in the coming weeks, a dealer said.

Maybank Offers Financial Relief For Flood Victims In Sarawak, Sabah

KUALA LUMPUR, Jan 31 (Bernama) -- Maybank has reiterated its commitment to assist individuals and small and medium enterprise (SME) customers affected by the recent heavy rainfall and floods in Sarawak and Sabah through its Flood Relief Assistance programme. 

Banks Extend Assistance To Flood-affected Customers In Sabah, Sarawak

KUALA LUMPUR, Jan 31 (Bernama) -- Various banks, including Public Bank Bhd, Hong Leong Bank Bhd, Standard Chartered Bank Malaysia Bhd and OCBC Bank (M) Bhd, have come forward to offer assistance to their loan and financing customers who are affected by the floods in Sabah and Sarawak.

Awantec Sells Office Building For RM25 Mln In Asset Rationalisation

KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.  

BNM Issues Revised Policy Document On e-Money

KUALA LUMPUR, Jan 31 (Bernama) -- Bank Negara Malaysia (BNM) has issued a revised policy document on electronic money (e-money) and a revised set of Frequently Asked Questions (FAQ),  which comes into effect today.

Citaglobal Unit Buying Land At Jalan Tun Razak, Kuala Lumpur, For RM73 Mln

KUALA LUMPUR, Jan 31 (Bernama) -- Citaglobal Bhd, through wholly-owned subsidiary Sinergi Dayang Sdn Bhd, is acquiring a piece of land measuring 6,410 sq metres (0.63 hectare) at Jalan Tun Razak, Kuala Lumpur, for RM73 million.

Ringgit Weakens As Fresh US Tariffs Stoke Global Trade Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit weakened against the US dollar today as market sentiment deteriorated following United States President Donald Trump's latest tariff announcements targeting China, Canada and Mexico.  

FBM KLCI Futures End Higher

KUALA LUMPUR, Jan 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, tracking the underlying cash market performance. 

KL Rubber Market Closes Slightly Higher, Tracking Crude Oil Gains

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 31 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Friday, taking the cue from steady benchmark crude oil prices and concerns over natural rubber supply shortages due to wet weather in major producing countries, a dealer said. 

Renewed Buying Interest Lifts Bursa Malaysia To End Higher In Thin Trading

By Anas Abu Hassan

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia staged a rebound from early losses to end the holiday-shortened trading week on a positive note, albeit in thin trading, supported by renewed buying interest, said an analyst.

Malaysia's Banking System Maintains Healthy Liquidity Position In December 2024 -- BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.

Public Mutual Declares Distributions Of Over RM34 Mln For Four Funds

KUALA LUMPUR, Jan 31 (Bernama) -- Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions totalling more than RM34 million for four funds for the financial year ended Jan 31, 2025.