Rubber Market Ends Higher, Tracking Regional Futures Markets

KUALA LUMPUR, Oct 14 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, tracking the performance in the regional rubber futures markets.

Public Bank, LPI Capital Shares Down Amid Proposed Acquisition Announcement

KUALA LUMPUR, Oct 11 (Bernama) -- The share prices of Public Bank Bhd and LPI Capital Bhd contracted following the news of the bank’s proposed acquisition of a 44.15 per cent stake in LPI Capital Bhd to provide a more comprehensive service offering.

Unemployment Rate In Malaysia Falls To 3.2 Pct in August

PUTRAJAYA, Oct 10 (Bernama) -- August’s unemployment rate fell to 3.2 per cent, registering 558,500 unemployed persons, according to the Labour Force Statistics for August released today.

Rubber Market Ends Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 9 (Bernama) -- The Kuala Lumpur rubber market ended higher today, taking its cue from the recovery in benchmark crude oil prices and the uptick in the Shanghai rubber futures exchange, amid concerns over tight natural rubber supply due to adverse weather in producing countries, a dealer said. 

Indian Refiners' Palm Oil Purchase Cancellation To Be Short-lived -- Johari

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 8 (Bernama) -- Indian refiners' decision to cancel approximately 100,000 metric tonnes of palm oil purchases in response to its government’s recent import tax hike is considered a temporary measure, said Malaysia’s Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani today.

ITMAX Shares Up After Securing Smart Parking Operation Contract

KUALA LUMPUR, Oct 8 (Bernama) -- ITMAX System Bhd's shares on Bursa Malaysia rose in the early session today after the group’s subsidiary was appointed as the smart parking operator for 8,640 street parking bays by the Muar Municipal Council (MPM), Johor.

Malaysia’s GBS Sector Should Focus On Digital Impact, Talent Development To Maintain Competitive Edge - Expert

PETALING JAYA, Oct 6 (Bernama) -- While Malaysia ranks among the top three global business services (GBS) hubs in the world, primarily driven by its cost advantage, the country must also place greater emphasis on the digital impact and talent development to maintain its competitive edge.

Bursa Malaysia Ends Morning Session Slightly Higher

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst.

FBM KLCI Futures Close Mixed

KUALA LUMPUR, Sept 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended mixed today.

Penang Records RM411.8 Mln Approved Manufacturing Investments From China

GEORGE TOWN, Sept 24 (Bernama) -- Penang recorded approved manufacturing investments totalling RM411.8 million from China in the first half of this year, said Chief Minister Chow Kon Yeow.

FBM KLCI Futures End Higher, Tracking Cash Market's Performance

KUALA LUMPUR, Sept 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, in line with the performance of the underlying cash market. 

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.