Govt Provides Incentives For EV Charging Infrastructure Development - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The government will continue to provide incentives for the development of electric vehicle (EV) charging infrastructure, even though these incentives were not specifically mentioned in Budget 2025.

Govt Offers Various Initiatives, Incentives To Drive Local Automotive Industry - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The government has introduced various initiatives and incentives to enhance the capacity of the local automotive industry, aiming to increase exports of vehicles, including spare parts and components, according to the Ministry of Investment, Trade, and Industry (MITI).

CPO Futures Close Lower Amid Weaker Demand Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday following a recent price rally due to concerns about weak demand in the coming weeks, a dealer said.

Ringgit Slips Against US Dollar At The Close

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit slipped against the US dollar at the close on Monday, reflecting the mixed performance of regional currencies, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Swift Energy Inks Underwriting Agreement For ACE Market IPO

KUALA LUMPUR, Nov 18 (Bernama) -- Swift Energy Technology Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Bursa Malaysia Rebounds On Bargain Hunting After Two Days Of Losses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.

Local Rubber Market Ends Lower In Tandem With Regional Peers

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 18 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, dragged down by the decline in regional rubber futures markets and a stronger ringgit against the US dollar, a dealer said.

MIHAS@Dubai Highlights Malaysia's Leadership, Expertise In Halal Industry To Global Markets

From Zarul Effendi Razali

DUBAI, Nov 18 (Bernama) -- The Malaysia International Halal Showcase (MIHAS) in Dubai will highlight Malaysia's leadership and expertise in the halal industry to a global audience.

PM’s Call For Equitable Trade, Deeper Trade Ties Vital For APEC, ASEAN To Navigate Global Uncertainties - ISIS Chairman

KUALA LUMPUR, Nov 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s call for a shift towards ‘equitable and humane trade’ and the deepening of trade ties at the recent Asia-Pacific Economic Cooperation (APEC) meeting in Lima, Peru, are critical strategies to navigate challenges facing multilateralism and trade globalisation.

Strong Malaysia-UAE Trade Ties In Halal Industry Underscore High Demand, Trust Within MENA Region -- Ahmad Zahid

DUBAI, Nov 18 (Bernama) -- The strong trade relationship between Malaysia and the United Arab Emirates (UAE) in the halal industry underscores the high demand and trust in Malaysia’s premium halal products within the Middle East and North Africa (MENA) region.

Three Local Companies Conducting Feasibility Study For OTEC Development - Hajiji

KOTA KINABALU, Nov 18 (Bernama) -- The Sabah Energy Council (MTS) has given the nod to three local companies to conduct feasibility study as a proactive measure to involve local industry players in the development of ocean thermal energy conversion (OTEC) technology in Sabah.

CelcomDigi Posts Slightly Lower 3Q Profit Of RM436.98 Mln

KUALA LUMPUR, Nov 18 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM436.98 million for the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM455.72 million in the previous corresponding quarter.