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Commercial Negotiation Between Petronas, Petros Progressing Well - Fadillah

KUCHING, Dec 16 (Bernama) -- The ongoing commercial negotiations between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) are progressing well and moving towards a mutually beneficial settlement, with an outcome expected early next year, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia stayed in positive territory at mid-afternoon today, supported by buying activities in selected heavyweights led by consumer products and services, and healthcare counters.

Bursa Malaysia Turns Higher At Midday On Stronger Ringgit

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia pared earlier losses to end the morning session higher, outperforming regional peers on the back of a stronger ringgit.

Ringgit Ends Firmer Vs Greenback Ahead Of Key US Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit ended firmer against the US dollar on Monday, extending gains after hovering near the 4.09 level last week, as investors remained constructive ahead of upcoming key US data.

Bursa Malaysia Edges Higher At Mid-afternoon

KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, underpinned by sustained buying in selected heavyweights, particularly in the industrial products, utilities and financial services sectors.

Sabah Needs To Develop Deep-Sea Fishery Industry Based On Value Chain -​​- Arthur

KOTA KINABALU, Dec 15 (Bernama) -- Sabah needs to develop the deep-sea fishery industry comprehensively based on a value chain that includes landing (jetty) infrastructure, high-technology processing facilities, cold logistics systems and export market access. 

Bursa Malaysia Higher At Midday On Ringgit's Strength

KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia ended the morning session marginally higher, supported by the continued strength of the ringgit, which lifted investor sentiment.

Ringgit Maintains Upward Trend, Trades Firmer Against US Dollar

KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency.

Bursa Malaysia Opens Lower Tracking Weaker Wall Street

KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking Wall Street’s weaker performance at the end of last week.

Asia-Pacific Must Treat Energy Transition As Economic Growth Strategy – IATA Economist

From Kisho Kumari Sucedaram

GENEVA, Dec 15 (Bernama) -- The energy transition, including the development of sustainable aviation fuel (SAF), should be treated as an economic growth strategy by Asia-Pacific governments rather than an aviation-specific issue, according to the International Air Transport Association (IATA).

Dassault Systemes Expands AI Partnerships To Power Malaysia’s Innovation-Driven Economy

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 14 (Bernama) -- Dassault Systèmes is ramping up its collaboration with Malaysian industry and government partners to accelerate the adoption of virtual twin technologies and generative artificial intelligence (AI), positioning the country for a new phase of industrial and aerospace transformation under the National AI Roadmap.

Rubber Market Expected To Move Sideways With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 13 (Bernama) -- The Malaysian rubber market is expected to move sideways with an upward bias in both demand and price next week, driven by the monsoon season and heavy rainfall in major rubber-producing countries, according to industry expert Denis Low.