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BMI Lowers 2025 Brent Crude Annual Average Price To US$76 Per Barrel

KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.

BNM Refining RBI Proposal For LCSF, To Enhance Use Of Rupee And Ringgit In Trade

KUALA LUMPUR, Dec 5 (Bernama) -- Bank Negara Malaysia (BNM) is currently fine-tuning a proposal from the Reserve Bank of India (RBI) to develop a Local Currency Settlement Framework (LCSF) to enhance the use of the Malaysian ringgit and Indian rupee in bilateral trade, said the Ministry of Investment, Trade and Industry (MITI).

Kota Kinabalu And Langkawi Achieve Airport Carbon Accreditation

KUALA LUMPUR, Dec 5 (Bernama) -- Kota Kinabalu International Airport (KKIA) and Langkawi International Airport (LIA) have achieved Airport Carbon Accreditation (ACA) Level 1 Mapping by the Airports Council International (ACI), recognising their commitment to carbon management and environmental sustainability.

MOF: 13 Pct Of AKPK Borrowers Fully Settle RM3.2 Bln Debt

KUALA LUMPUR, Dec 4 (Bernama) -- A total of 13 per cent of the 477,571 borrowers registered with the Credit Counselling and Debt Management Agency (AKPK) have fully settled debts exceeding RM3.2 billion, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

PM Anwar Urges World Trade System Reforms To Address Unfair Practices

KUALA LUMPUR, Dec 2 (Bernama) -- The international trade system needs urgent reforms as the world continues to witness unfair trading practices, said Prime Minister Datuk Seri Anwar Ibrahim. 

Bank Islam's 3Q Net Profit Drops To RM130.437 Mln Amid Rising Operating Costs

KUALA LUMPUR, Nov 29 (Bernama) -- Bank Islam Malaysia Bhd’s (BIMB) net profit for the third quarter ended Sept 30, 2024 (3Q FY2024) decreased to RM130.437 million from RM140.541 million in the same period last year.

Disappointing Earnings Drag TNB Shares Down 4 Pct 

KUALA LUMPUR, Nov 29 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares fell four per cent in early trade after the release of its third-quarter financial year 2024 (3Q FY2024) earnings, which came in below expectations. 

Govt Won't Allow Non-citizen Vehicles To Enjoy RON95 Subsidy - Economy Ministry

KUALA LUMPUR, Nov 25 (Bernama) -- The government does not intend to allow vehicles owned by non-citizens to enjoy the RON95 subsidy, said the Ministry of Economy.

CPO Futures End Three-day Losing Streak Amid Stronger Soybean Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 25 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a three-day losing streak to close higher on Monday, due to stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng. 

FBM KLCI Ends Morning Session Higher

By Zarul Effendi Razali

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia’s barometer index remained in positive territory at midday on continued buying in selected heavyweights, in sync with the mostly higher regional market performance.

China, Brazil Strengthen Ties For A Just And Sustainable Future - CGTN

KUALA LUMPUR, Nov 21 (Bernama) -- China Global Television Network Corporation (CGTN), an international media organisation, in a recent article highlights the growing cooperation between China and Brazil as they strive for a more equitable and sustainable world.

Southeast Asian Energy Sector Stakeholders Focus On Reducing Methane Emissions

KUALA LUMPUR, Nov 21 (Bernama) -- Petronas and other stakeholders in Southeast Asia’s energy sector have declared that the sector can play a leading role in the region’s decarbonisation efforts by focusing on reducing methane emissions.