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Bursa Malaysia Opens Firmer, Tracks Wall Street Gains

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia opened firmer on Tuesday, tracking overnight gains on Wall Street as buying interest returned to technology stocks following last week’s artificial intelligence-led sell-off.

Ringgit Opens Firmer Against US Dollar On Weaker Greenback

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened firmer against the US dollar on Tuesday, supported by broad-based weakness in the greenback amid concerns over reduced demand for US assets.

35 Midstream And Downstream Rubber Projects Receive RM9.9 Mln Allocation – Ministry

KUALA LUMPUR, Feb 9 (Bernama) -- The government has financed a total of 35 projects related to the midstream and downstream rubber sectors to date with an allocation of RM9.9 million, including 10 projects specifically for the rubber glove sector worth RM3.5 million, according to the Ministry of Plantation and Commodities.

Petronas Awards PSC For Permata Cluster Off Sabah Coast

KUALA LUMPUR, Feb 9 (Bernama) -- Petroliam Nasional Bhd (Petronas) via Malaysia Petroleum Management (MPM) today announced the award of the production sharing contract (PSC) for the Permata Cluster, located off the coast of Sabah, to London-based Bridge Petroleum Ltd. 

Bio Eneco Strengthens Biomass Processing Capability With Third Plant In Gebeng

KUANTAN, Feb 10 (Bernama) -- Bio Eneco Sdn Bhd’s latest biomass processing facility in Gebeng is capable of processing up to 20,000 metric tonnes of palm oil waste per month, with the output targeted for export to Japan, Thailand, and the Philippines.

MSPO Certification Rate For Oil Palm Estates Reaches 90 Per Cent - Noraini

KUALA LUMPUR, Feb 9 (Bernama) --  About 90 per cent of estates in the palm oil sector have obtained the Malaysian Sustainable Palm Oil (MSPO) certification, while independent smallholders have reached 85 per cent, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Ringgit Higher Against US Dollar On Strong December IPI

KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit traded higher against the US dollar on Monday after Malaysia’s December Industrial Production Index (IPI) came in above market expectations, signalling that the domestic economy remains on a firm footing.

Bursa Malaysia Closes Higher On Strong Buying Of Blue Chips

KUALA LUMPUR, Feb 9 -- Bursa Malaysia ended higher on Monday, supported by continued interest in blue-chip counters,  in line with the upbeat performance across regional markets, said an analyst. 

Investment Banks Positive On Malaysia’s Manufacturing Sector Outlook In 2026

KUALA LUMPUR, Feb 9 (Bernama) -- Investment banks have remained positive on Malaysia’s manufacturing sector outlook in 2026, citing resilient domestic demand, reduced tariff uncertainty and steady investment activity as key factors supporting growth.

Malaysian Firms Urged To Tap Opportunities In Rapidly Expanding Indian Market

KUALA LUMPUR, Feb 9 (Bernama) -- Malaysian businesses are encouraged to explore opportunities across various sectors in India, including semiconductor, energy and agriculture, following the elevation of bilateral ties to a comprehensive strategic partnership in 2024.

Sabah Acquires Strategic 20 Percent Stake In North Sabah EOR PSC

KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).

Kinergy Secures Hydropower Virtual PPA With Safran

KUALA LUMPUR, Feb 9 (Bernama) -- Sustainable energy solutions provider Kinergy Advancement Bhd has signed a corporate virtual power purchase agreement (VPPA) with Safran Landing Systems Malaysia to leverage hydropower assets to provide a stable, dispatchable green energy supply.