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Top Glove Expects To Return To Black In FY2025 - MD

KUALA LUMPUR, Oct 10 (Bernama) -- Glove manufacturer, Top Glove Corporation Bhd expects to return to the black in financial year 2025 (FY2025), driven by the increase in sales volume and improved utilisation rates.

Rubber Market Ends Lower In Tandem With Regional Rubber Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today influenced by the downtrend in the regional rubber futures markets as traders respond to the minutes of the United States (US) Federal Reserve meeting, a dealer said.

Bursa Malaysia Ends Higher On Bargain Hunting

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia managed to maintain its upbeat momentum to end higher today as bargain hunting emerged following the recent sell-off, an analyst said. 

Bursa Malaysia Stays Higher At Midafternoon

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia stayed higher at midafternoon with bargain hunting in select heavyweight stocks and mild selling in lower liners and smaller caps. 

Malaysia, UAE Enhance Trade Prospects After Concluding CEPA Negotiations - Tengku Zafrul

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.

Top Glove Net Loss Narrows To RM61.81 Mln In FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.

ASEAN-BAC Outlines Initiatives For 2025, Including ASEAN IPO - Nazir Razak

By Sharifah Hunaini Syed Ismail & Rosmalis Anuar

VIENTIANE, Oct 10 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has outlined several key initiatives that will be highlighted during Malaysia's chairmanship next year, including an initial public offering (IPO) framework for the 10-member bloc.

Bursa Malaysia Maintains Uptrend At Midday

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, with the key index increasing by 0.48 per cent, lifted by buying interest in selected heavyweights amidst firmer performance in regional markets.

500,000 AI-based Jobs Expected In Malaysia Within Six Years

KUALA LUMPUR, Oct 10 (Bernama) -- An estimated 500,000 artificial intelligence (AI)-based jobs across various sectors are expected to be created in Malaysia over the next six years, said Malaysia Internet of Things (IoT) Association deputy president Datuk P. Sri Ganes.

Malaysia's Natural Rubber Production Slid 5.2 Pct In August 2024 - DOSM

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 5.2 per cent to 35,979 tonnes in August 2024 against 37,960 tonnes in July 2024, according to Statistics Department Malaysia (DOSM).

Hartalega To Benefit From Recently Announced US Tariffs Revision On Chinese Glove Makers

KUALA LUMPUR, Oct 10 (Bernama) -- Hartalega Holdings Bhd is expected to benefit from the recently announced upward United States (US) tariff revision on Chinese glove makers moving forward.

Good Governance, Clear Policy Drive Malaysia's Economic Growth - PM Anwar

KUALA LUMPUR, Oct 10 (Bernama)--  Prime Minister Datuk Seri Anwar Ibrahim said the recent positive economic developments in Malaysia were the result of better governance, together with clear policy formulation, especially in the industrial, digital transformation, energy and semiconductors sectors.