Allianz Malaysia Strengthens Northern Footprint With Relocation Of Penang Branch

GEORGE TOWN, Oct 30 (Bernama) -- Allianz Malaysia Bhd is strengthening the company’s footprint in the northern region with the opening of a new Penang branch here today.

APEC Revises 2025 Growth Outlook To 3.1 Pct Despite Global Challenges

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 30 (Bernama) -- The growth in the Asia-Pacific Economic Cooperation (APEC) region has been revised upward to 3.1 per cent this year, slightly higher than the earlier forecast of three per cent, supported by resilient trade activity and robust demand for high-tech goods.

Malaysia’s Spotlight Moment A Test Of Brand And Balance

KUALA LUMPUR, Oct 30 (Bernama) – The 47th ASEAN Summit and related meetings that has just ended in Kuala Lumpur this week offered Malaysia more than just diplomatic theatre. 

Rubber Market Ends Mixed On Optimism Over Possible Chinese Stimulus

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The Malaysian rubber market closed mixed today amid optimism over potential Chinese stimulus, a dealer said.

BNM Says Consultation, Agreement With US Treasury In Line With Existing Practice

KUALA LUMPUR, Oct 29 (Bernama) -- Bank Negara Malaysia (BNM) has said its close consultation and agreement with the US Treasury reflect existing practices and “do not in any way affect the ability to independently formulate monetary policy, or our ability to safeguard the stability and value of the ringgit.”

Conclusion Of Malaysia-South Korea FTA Talks Can Be Catalyst For More FTAs Among APEC Economies

From Nor Baizura Basri

GYEONGJU (South Korea), Oct 29 (Bernama) -- The conclusion of the free trade agreement (FTA) talks between Malaysia and South Korea could serve as a catalyst for more FTAs to be signed among member economies during the Asia-Pacific Economic Cooperation (APEC) Economic Leaders Week (AELW) here.

CPO Futures Close Lower On Concerns Over Weak Demand, Rising Output

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over weak demand and rising output of the commodity in the coming weeks.

Malaysia, Singapore SME Ties Among Most Dynamic In ASEAN -- SBF

By Durratul Ain Ahmad Fuad

SINGAPORE, Oct 28 (Bernama) -- Malaysia and Singapore share one of the most dynamic and mutually reinforcing economic relationships in ASEAN, particularly among small and medium enterprises (SMEs), which form the backbone of both economies, said the Singapore Business Federation (SBF).

RHB IB upbeat On ECRL, Keeps 'Overweight' On Construction

KUALA LUMPUR, Oct 28 (Bernama) -- RHB Investment Bank Bhd (RHB IB) remains upbeat about the progress of the East Coast Rail Link (ECRL) project, maintaining its ‘Overweight’ call on the construction sector, with Gamuda Bhd, Sunway Construction Group Bhd and Binastra Bhd as its top picks.

CPO Futures End Lower On Concerns Over Sluggish Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday due to concerns over sluggish demand for the commodity, said CGS International Securities Malaysia Sdn Bhd.

Rubber Market Closes Flat Amid Mixed Regional Futures Cues

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 27 (Bernama) -- The Malaysian rubber market closed flat today amid mixed cues from the regional rubber futures markets and gains in crude oil prices, a dealer said.

Foreign Investors Extend Net Selling With US$1.74 Bln Outflow From Asian Markets

KUALA LUMPUR, Oct 27 (Bernama) -- Foreign investors extended their net selling streak to two consecutive weeks across Asian markets last week, recording US$1.74 billion of net foreign outflows.