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KUALA LUMPUR, Feb 28 (Bernama) -- TH Plantations Bhd (THP) posted a higher net profit of RM75.18 million in the financial year ended Dec 31, 2024 (FY2024), versus RM46.62 million in the previous year, on the back of an increase in operating profit.
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KUALA LUMPUR, Feb 27 (Bernama) -- The Ministry of Plantation and Commodities (KPK) currently has no plans to raise the Activation Price Level (PHP) for the Rubber Production Incentive (IPG) beyond RM3 per kilogramme (Kg).
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By Siti Noor Afera Abu
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit weakened further against the US dollar amid mixed market sentiments following the US government’s preparations to impose 25 per cent tariffs on Canada and Mexico in early March.
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KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia turned lower at midday due to selling in selected heavyweights, led by the financial services, plantation and utilities counters.
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KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
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KUALA LUMPUR, Feb 27 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower this morning amid Wall Street’s mixed performance overnight, said an analyst.
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KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
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KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia maintained its upward momentum to end the morning trading session in positive territory, buoyed by improved sentiment and buying in selected heavyweights.
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By Karina Imran
KUALA LUMPUR, Feb 26 (Bernama) -- The Employees Provident Fund (EPF) is projected to announce a dividend rate of between 6.0 per cent and 6.2 per cent for 2024, supported by robust global and domestic economic conditions, said an analyst.
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KUALA LUMPUR, Feb 26 (Bernama) -- Mavenir and Aira Technologies, a pioneer in artificial intelligence (AI)-driven network automation, have successfully demonstrated a high-fidelity MIMO channel estimation and prediction solution.
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KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.
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KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still evaluating its workforce rightsizing exercise, which will also involve a top-to-bottom approach.