ACE Debutante OB Holdings Eyes Doubling Production Capacity By 2026

KUALA LUMPUR, Oct 29 (Bernama) -- OB Holdings Bhd aims to double its production capacity by 2026 with the completion of its new factory in Serendah, Selangor.

Research Houses Reiterate 'Buy' Call On Mah Sing On Data Centre Joint Development

KUALA LUMPUR, Oct 29 (Bernama) -- Research houses have reiterated their “buy” call on Mah Sing Group Bhd after the company signed a second collaboration agreement with Bridge Data Centres Malaysia VII (BDC) for the joint development of data centres (DCs).

FBM KLCI Futures Open Firmer

KUALA LUMPUR, Oct 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened firmer in early trade today.

Bursa Malaysia Opens Lower Amid Passive Foreign Buying

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia extended its bearish tone on Tuesday, opening lower due to a lack of buying interest from foreign funds, according to a dealer.

Ringgit Rebounds, Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit rebounded to open slightly higher against the US dollar today, despite cautious sentiment ahead of next week’s United States (US) presidential election and the Federal Open Market Committee (FOMC) meeting.

CPO Futures Slide As Lower Oil Prices Weigh On Market Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, extending its losses from last Friday, as lower crude oil and soybean oil prices continue to weigh on sentiment, said a palm oil trader.

Ringgit Eases Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit eased against the US dollar at the close today amid cautious sentiment ahead of the United States (US) presidential election next week, said an analyst.

Bursa Ends Lower On Heightened Caution In Data-heavy Week, Ahead Of US Election

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended lower on Monday as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook and the crisis in the Middle East.

Malaysia’s BRICS Membership Could Boost Trade, Global Influence - Academicians

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s inclusion as a partner country in the BRICS alliance could facilitate stronger economic ties with countries like China and India, both of which are already major trading partners.

Malaysia's Export Prices Slip 0.6 Pct To 149.3 Points In September - DOSM

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia's export prices in September 2024 slipped by 0.6 per cent to 149.3 points from 150.3 points in August while import prices fell 1.9 per cent to 129.5 points, said the Statistics Department of Malaysia (DoSM) today.

GDS Partners Global Suppliers To Bring In RM1 Bln Investment -- MIDA

KUALA LUMPUR, Oct 28 (Bernama) -- Leading developer and operator of high-performance data centres GDS International exchanged memoranda of understanding (MoUs) with global suppliers in a series of partnerships that will bring an estimated RM1 billion investments for integrated factories and service centres.

DHL Investing RM300 Mln On KL Gateway Facility

SEPANG, Oct 28 (Bernama) -- DHL Express has increased its investment in Malaysia with the launch of its new RM300 million Kuala Lumpur Gateway facility -- its largest local investment to-date.