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Johor Plantations' 3Q Net Profit Rises To RM77.11 Mln

KUALA LUMPUR, Nov 13 (Bernama) -- Johor Plantations Group Bhd’s net profit rose to RM77.11 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM68.28 million in the same period last year. 

Trump 2.0 Can Boost Malaysia-US Economic, Security Relations: Analysts

By Nabilah Saleh

KUALA LUMPUR, Nov 11 (Bernama) -- Donald Trump's victory in the US presidential election is seen as potentially strengthening US’ relations with Malaysia, especially in economic and security aspects.

Malaysia, Egypt Have Opportunities To Access Markets In ASEAN, The Middle East, And Africa - Tengku Zafrul

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia and Egypt have significant opportunities to help each other access their respective markets, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Aziz.

EPF Reports RM19.67 Bln Investment Income In 3Q

KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.

Terengganu Inc, MB Holding LLC Sign MoUs On Potential Industrial Cooperation

KUALA TERENGGANU, Nov 8 (Bernama) -- The Terengganu government's strategic holding investment company Terengganu Incorporated Sdn Bhd (Terengganu Inc) signed two memoranda of understanding (MoUs) with MB Holding LLC from Oman for the purpose of exploring potential industrial cooperation in the state.

BMI Maintains Brent Crude Price At US$81 Per Barrel In 2024

KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.

Gold Futures End Lower On Stronger US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s strong performance, said an analyst.

KUSKOP Targets RM100 Mln In Potential Investments Via Riyadh International Exhibition

PUTRAJAYA, Nov 7 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry (KUSKOP) has targeted RM100 million in potential investments from Malaysia's participation in the BIBAN24 International Exhibition in Riyadh, Saudi Arabia.

Local Rubber Market Ends Mixed Amid Uptrend In Regional Peers

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- The Kuala Lumpur rubber market continued to close mixed on Thursday, supported by the uptrend in regional rubber futures markets and encouraging Chinese economic data amid China’s affirmation to sustain its economic recovery, a dealer said.

SME Corp, Pernas, saudi Arabia's Monsha'at Sign Mou To bolster Strategic Cooperation

KUALA LUMPUR, Nov 6 (Bernama) -- SME Corporation Malaysia (SME Corp) and Perbadanan Nasional Berhad (Pernas) signed a memorandum of understanding (MoU) with Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) at the Biban24 Forum in Riyadh, Saudi Arabia. 

Wise Platform Partners Standard Chartered To Redefine International Payments Experience

KUALA LUMPUR, Nov 5 (Bernama) -- Wise announced its global payments infrastructure for banks, Wise Platform, has partnered with Standard Chartered to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

Ringgit Stays Strong, Up 5.03 Pct Versus US Dollar As At Nov 4 - Amir Hamzah

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit’s value is still strong amid recent market developments and adjustments, with the local note rising by 5.03 per cent against the US dollar as at Nov 4, 2024.