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Air Cargo Demand Soars 11.3 Pct In 2024, Surpassing 2021 Record -- IATA

KUALA LUMPUR, Jan 29 (Bernama) -- Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).

Petronas Mulling Decommissioning Of Matured Assets, Including Sabah-Sarawak Gas Pipeline

KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) is looking at decommissioning activities of matured assets in the country's upstream operations, including the Sabah-Sarawak Gas Pipeline (SSGP).

CPO Futures Extends Uptrend For Third Day On Weak Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its uptrend to the third consecutive day on Tuesday, supported by the weaker palm oil production by Southern Peninsular mills during Jan 1-25, 2025 period, an analyst said.

MAHB To Be Delisted From Main Market, Last Day Of Trading On Feb 19

KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) will be delisted from the Main Market of Bursa Malaysia as its minimum public shareholding spread is now less than 25 per cent.

MITI Must Intensify Efforts To Achieve RM13 Bln Trade And Investment Target At World Expo 2025 -- Fadillah

KUALA LUMPUR, Jan 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) needs to intensify efforts in formulating strategies to ensure the trade and investment target of RM13 billion at the World Expo 2025 in Osaka, Japan, (Expo 2025 Osaka) is achieved.

Chinese New Year Lull Weighs On Gold Futures To End Lower

KUALA LUMPUR, Jan 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, as subdued trading ahead of the Chinese New Year holiday weighed on the market, despite the positive momentum in the United States COMEX gold market, an analyst said.

Ringgit Ends Lower Against Greenback On US Tariff Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit closed lower against the US dollar today, pressured by subdued global risk sentiment and ongoing developments in United States tariffs, said SPI Asset Management managing partner Stephen Innes.

BNM Fines Ambank RM875,000 And WSMC RM51,000 For Regulatory Non-Compliance

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).

FBM KLCI Futures End Mostly Higher

KUALA LUMPUR, Jan 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended mostly higher today.

Key Alliance Appoints Farhash Wafa Salvador As Chairman

KUALA LUMPUR, Jan 28 (Bernama) -- Key Alliance Group Bhd has appointed Datuk Wira Farhash Wafa Salvador as its new chairman. 

BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

Bursa Malaysia Ends Lower On Continuous Selling, Deepseek Launch Raises Investor Concerns

By Anas Abu Hassan

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its subdued trading to close lower today, dragged by persistent selling as the market was influenced by Wall Street’s sharp reaction to the introduction of China's DeepSeek artificial intelligence (AI) model, said an analyst.