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APEC Growth Seen Moderating To 3.1 Pct In 2025 Amid Rising Debt, Geopolitical Risk

From M. Saraswathi

LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.

Govt Expands Collaboration With Global Semiconductor Players -- MITI

KUALA LUMPUR, Nov 12 (Bernama) -- The government is strengthening ties with developed countries and leading multinational companies in the semiconductor industry in an effort to increase technological collaboration, said the Ministry of Investment, Trade and Industry (MITI).

CPO Futures Close Lower On Weaker Export Pace, Snapping Four-day Winning Streak

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a four-day winning streak to end lower today as a weaker export pace weighed on prices, said a dealer.

PM Anwar Launches Operation Of Proton Assembly Factory In Egypt

CAIRO, Nov 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today launched the operation of the Proton Holdings Bhd car assembly plant here.

Malaysia Poised To Become ASEAN's Regional Hub For EV Manufacturing -- Liew Chin Tong

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia has significant potential to become a regional hub for electric vehicle (EV) manufacturing in ASEAN, thanks to its 40-year history in automotive production since 1983 and its strong semiconductor cluster, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Ringgit Extends Fall Against Greenback Ahead Of US Inflation Data

By Anas Abu Hassan

KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.

Bursa Malaysia Ends Marginally Lower On Last-minute Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen in most part of the day to end marginally lower on last-minute selling, amid the weaker performance in regional peers.

Hartalega 2Q Net Profit Slips To RM8.63 Mln

KUALA LUMPUR, Nov 12 (Bernama) -- Hartalega Holdings Bhd posted a lower net profit of RM8.63 million for the second quarter (2Q) ended Sept 30, 2024 (FY2025) compared to RM27.70 million in the same quarter last year.

 

Malaysia's IPO Surge Reflects Investor Confidence In Local Bourse

KUALA LUMPUR, Nov 12 (Bernama) – Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.

Liubao Tea: A Century Of Trade, Transformation, Global Expansion

KUALA LUMPUR, Nov 12 (Bernama) -- A century ago, Liubao tea, sourced from the remote mountains of Wuzhou, began its journey along a vast shipping route that bridged land and sea, fuelling a path of trade.

Bursa Malaysia Stays Higher At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia’s key index remained positive at midday today, mainly boosted by plantation stocks.

Dexcom Opens Penang Manufacturing Facility With RM2.83 Bln Investment

BATU KAWAN, Nov 12 (Bernama) -- US-based medical devices company Dexcom Inc has officially opened its new manufacturing facility, also its first offshore manufacturing site outside the United States, in Batu Kawan, Penang.