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Ringgit Weakens Versus US Dollar As Global Uncertainties Intensify

KUALA LUMPUR, Nov 11 -- The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said.

Malaysia's Journey To Net-Zero Emissions: TNB Leads The Charge

By Zairina Zainudin

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.

DP World-Sabah Ports Partnership To Meet ASEAN’s Thirst For Seamless Seaborne Trade

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 10 (Bernama) -- Sapangar Bay Container Port (SBCP), through the synergy between Dubai-based DP World Plc and Sabah Ports Sdn Bhd (SPSB), is poised to integrate into DP World’s global network, strategically enhancing its role within Southeast Asia’s archipelagoes and enabling it to leverage the region’s rapid export growth.

Melewar Industrial Signs MoU With RusGrain Union To Secure Grain Supply

KUALA LUMPUR, Nov 8 (Bernama) – The Melewar Industrial Group Bhd has signed a memorandum of understanding (MoU) with the Russian Union of Grain Exporters (RusGrain Union) to secure a long-term grain supply, in response to the Malaysian government’s initiative to strengthen the nation’s food security sector.

Lazada Launches AI Lazzie, Suite Of Genai Features, Promises Exciting 11.11 Sale

KUALA LUMPUR, Nov 8 (Bernama) -- Lazada Malaysia has introduced AI Lazzie, an integrated shopping assistant powered by artificial intelligence (AI), to help users shop smarter while enjoying various deals on the platform during its 11.11 Biggest Sale of the Year.

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.

RHB Investment Bank Maintains Malaysia 2025 GDP Forecast At 5.0 Pct Post-Trump Win

KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.

CSOP MAG Seven ETF Lists On Hong Kong Stock Exchange

KUALA LUMPUR, Nov 6 (Bernama) -- CSOP Asset Management Limited (CSOP) has announced the listing of the first MAG Seven exchange-traded fund (ETF) in Hong Kong, CSOP MAG Seven ETF (3454.HK), on the Hong Kong Stock Exchange.

AM Best Withdraws Generali Life Hong Kong’s Ratings

KUALA LUMPUR, Nov 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Generali Life (Hong Kong) Limited (Generali Hong Kong).

Local Rubber Market Ends Lower, Weak Sentiment Regionally

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 1 (Bernama) -- The Kuala Lumpur rubber market ended lower on Friday, influenced by weaker sentiment from regional rubber futures markets, said a dealer.

More Than 90 Pct Of Independent Smallholders To Be MSPO-certified End-2025 -- MPOB

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 31 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is targeting more than 90 per cent of independent smallholders (ISH) to achieve Malaysian Sustainable Palm Oil (MSPO) certification by the end of next year.

FGV Holdings To Loan RM260 Mln To Subsidiary For Capital Expenditure

KUALA LUMPUR, Oct 30 (Bernama) -- FGV Holdings Bhd (FGVH) has entered into a loan agreement with its 72 per cent owned subsidiary, FGV Palm Industries Sdn Bhd (FGVPI), to provide RM260 million for financing FGVPI’s capital expenditure requirements.