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Tariffs Will Impact Guan Chong's Margin For US-Bound Products -- MIDF Amanah

KUALA LUMPUR, April 24 (Bernama) -- The United States’ (US) tariffs will negatively impact the margin for Guan Chong Bhd’s (GCB) US-bound products, especially butter and liquor, MIDF Amanah Investment Bank Bhd said.

CPO Prices Expected To Hold At RM3,900 As Palm Oil Regains Price Competitiveness

KUALA LUMPUR, April 22 (Bernama) -- Palm oil prices are expected to remain supported at RM3,900 per tonne in the coming weeks, underpinned by the recovery in soybean oil prices, which enhances palm oil’s price competitiveness, according to the Malaysian Palm Oil Council (MPOC).

Johor Moots ASEAN Industrial Park Set-up In JS-SEZ

JOHOR BAHRU, April 21 (Bernama) -- The Johor state government is mooting the establishment of the ASEAN industrial park within the Johor-Singapore Special Economic Zone (JS-SEZ), Menteri Besar Datuk Onn Hafiz Ghazi said.

Federal Govt, Johor In Talks On Sandbox Initiatives To Ease Investor Concerns In JS-SEZ -- Tengku Zafrul

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 18 (Bernama) -- The Federal government and the Johor state government have discussed sandbox initiatives to address the concerns of investors and industries in the Johor-Singapore Special Economic Zone (JS-SEZ). 

RHB IB Maintains 'neutral' Recommendation On The Automotive Sector

KUALA LUMPUR 18 April (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained a 'neutral' recommendation for the automotive and automotive components sector.

CPO Futures Close Lower, Weighed Down By Concerns Over Rising Output

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower for the fourth consecutive day today, pressured by concerns over rising output in the coming weeks. 

Pluxee Lifts FY2025 Outlook After Strong First-half Performance

KUALA LUMPUR, April 17 (Bernama) -- Pluxee, a global player in employee benefits and engagement, reported total revenues of 635 million euros for the first half of fiscal year 2025 (H1 FY2025), marking organic growth of 10.8 per cent, in line with its full-year low double-digit growth objective. (1 Euro = RM5.00)

Lower Soybean Oil Prices, Rising Output Concerns Continue To Drag CPO Futures Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the third straight day today, in line with lower soybean oil prices on the Chicago Board of Trade (CBOT). 

Affin Shareholders Approve All AGM Resolutions, Proposes Bonus Issue Amid Strong FY2024 Performance

KUALA LUMPUR, April 16 (Bernama) -- Shareholders of Affin Group approved all ten resolutions tabled at the bank’s 49th Annual General Meeting (AGM) today.

Bank Rakyat Declares 17 Pct Dividend For FY2024, Posts RM1.82 Bln Profit

KUALA LUMPUR, April 16 (Bernama) -- Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend distribution of 17 per cent, amounting to RM486.32 million for the financial year ended Dec 31, 2024 (FY2024).

CIMB’s Visa Debit Card First In Malaysia To Offer Transport-related Benefits

KUALA LUMPUR, April 16 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB) have introduced Malaysia’s first transport-related debit card benefits via the CIMB Visa Debit Card.

Sustainability Report: LyondellBasell Showcases Progress In Circular Economy, Climate Action

KUALA LUMPUR, April 16 (Bernama) -- LyondellBasell, a global leader in the chemical industry, has demonstrated progress in circular and low-carbon solutions, climate action and operational excellence with the release of its 2024 Sustainability Report.