1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.
1y ago
KUALA LUMPUR, Feb 7 (Bernama) -- The Kuala Lumpur rubber market ended the week on a positive note, supported by stable benchmark crude oil prices, a dealer said.
1y ago
KUALA LUMPUR, Feb 7 (Bernama) -- Kinergy Advancement Bhd (KAB) is venturing into the Independent Power Producer (IPP) sector with the acquisition of a 47.5 per cent stake in Jati Cakerawala Sdn Bhd, a wholly-owned subsidiary of Pesaka Ventures Sdn Bhd (PVSB), for RM35 million.
1y ago
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia's Service Producer Price Index (SPPI) continued its uptrend, rising by 0.5 per cent in the fourth quarter (4Q) of 2024, compared to 0.3 per cent in 3Q 2024, reflecting a rise in services sector pricing, according to the Statistics Department (DoSM)
1y ago
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia is expected to become an important exporter of fresh durian to China following an agreement cemented last year between the two countries, said BMI.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 5 (Bernama) -- Shares on Bursa Malaysia closed broadly higher with buying mainly in construction, properties, utilities, and technology sectors, analysts said.
1y ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, Feb 4 (Bernama) -- Ensuring stable prices for essential food items like coconuts during festive seasons requires continuing support through both subsidies and logistical measures, says Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) president Nivaas Ragavan.
1y ago
KUALA LUMPUR, Feb 3 (Bernama) -- India-based Hindustan Zinc Limited (HZL), the integrated zinc and silver producer, has recorded its highest-ever nine months mined and refined metal production at 784 karat (kt) and 783 kt, respectively.
1y ago
KUALA LUMPUR, Feb 2 (Bernama) -- A comprehensive and systematic approach to re-organise smallholder rubber farmers into a federation, coupled with replanting of higher-yielding rubber tree varieties, will be critical for Malaysia to reclaim its position as the world’s leading rubber producer.
1y ago
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.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).