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Guangdong Bolsters Greater Bay Area's Creative Sector Via Cultural Finance

KUALA LUMPUR, Nov 22 (Bernama) -- The 2024 Guangdong-Hong Kong-Macao Greater Bay Area Cultural Industry Investment Conference convened in Guangzhou from Nov 20 to 22, bringing together representatives from financial institutions, industry associations, investment firms, listed companies, and cultural technology enterprises.

Malaysia's Inflation At 1.9 Pct In Oct 2024 - DOSM

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).

Affin Bank 3Q Net Profit Rises To RM145.82 Mln

KUALA LUMPUR, Nov 22 (Bernama) -- Affin Bank Bhd posted a higher net profit of RM145.82 million in the third quarter ended Sept 30, 2024 (3Q FY2024) compared to the net profit of RM100.45 million in the same period last year.

MATRADE, Vietrade To Strengthen Bilateral Trade Promotion

KUALA LUMPUR, Nov 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) and the Vietnam Trade Promotion Agency (VIETRADE) have taken a significant step in collaborating strategically to create new business opportunities, enhance economic resilience, and drive bilateral trade growth.

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

Globetronics Shares Rally In Early Trade After Taiwan Deal

KUALA LUMPUR, Nov 22 (Bernama) -- Globetronics Technology Bhd shares on Bursa Malaysia surged in the early session after the company entered into a strategic partnership with Taiwan-based ChipMOS Technologies Inc for integrated circuit services.

CKD Corp Unveils Advanced Manufacturing Plant In Kulim Hi-Tech

KUALA LUMPUR, Nov 21 (Bernama) -- CKD Corporation today unveiled the construction of its state-of-the-art manufacturing facility at Kulim Hi-Tech Park, Kedah, marking a significant milestone in Malaysia's industrial development.

BMI Projects RM3,900/T Palm Oil Price Average For 2025

KUALA LUMPUR, Nov 21 (Bernama) -- BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.  

Sunway Construction’s Net Profit Rises To RM46.47 Mln In 3Q 2024

KUALA LUMPUR, Nov 21 (Bernama) -- Sunway Construction Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) increased to RM46.47 million from RM35.01 million in the same quarter last year.

Bursa Malaysia Confident In Next Year's Growth With Active IPO Pipeline - Wahid Omar

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia Bhd is optimistic about the outlook for 2025, citing a robust pipeline of initial public offerings (IPOs) and an active capital market, said chairman Tan Sri Abdul Wahid Omar.

Can-One Posts Net Loss Of RM100.53 Mln In 3Q

KUALA LUMPUR, Nov 21 (Bernama) — Can-One Bhd posted a net loss of RM100.53 million in the third quarter of financial year 2024 (3Q FY2024) against a net loss of RM23.11 million in 3Q FY2023.

Petron Malaysia Records Sharp Fall In 3Q Net Profit

KUALA LUMPUR, Nov 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd’s net profit fell to RM4.63 million in the third quarter (3Q) ended Sept 30, 2024, from RM81.90 million a year earlier amid a downward trend in oil prices.