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CPO Futures Rise Above RM4,500 A Tonne On Supply Concerns, Pre-Ramadan Demand

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, with the April 2025 benchmark contract surpassing RM4,500 per tonne, driven by concerns over weak output and anticipated demand ahead of Ramadan.

SSF, Rumah Ibu Ink MoU For Affordable Housing Initiative In Perak

KUALA LUMPUR, Feb 7 (Bernama) -- Homegrown furniture and home living retailer SSF Home Group Bhd (SSF) has signed a memorandum of understanding (MoU) with Rumah Ibu Sdn Bhd to collaborate on the Rumah Ibu Scheme, an affordable homeownership initiative in Perak.

MyGAS 2025 To Focus On Tackling Financing Challenges In Gas Industry

KUALA LUMPUR, Feb 7 (Bernama) -- The Malaysian Gas Symposium (MyGAS 2025) will focus on a critical challenge facing the gas industry - securing financing for gas-related projects “in the everchanging energy landscape to ensure energy security, affordability and sustainability.”

Ringgit Closes Lower Against US Dollar

KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit ended the week slightly lower against the US dollar, as cautious market sentiments prevailed due to uncertainties over the United States’ (US) tariff policies.

AI To Transform Auditing With Real-Time Insights, Future Risk Predictions

By Nurul Hanis Izmir

CYBERJAYA, Feb 7 (Bernama) -- The future of auditing is set for a transformative shift with the integration of artificial intelligence (AI), enabling real-time risk assessments and predictive insights that go beyond traditional methods, said co-founder of Audrey South Africa, Claude Chetty.

Bursa Malaysia Ends Higher For 4th Straight Day Led By Tech, Construction Stocks

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia ended higher for the fourth consecutive session on Friday, with buying mainly in technology and construction stocks, ahead of the release of US jobs report later today, said an analyst.

Manufacturing Sector To Benefit From Robust Investment -- RHB IB

KUALA LUMPUR, Feb 7 (Bernama) -- Malaysia’s manufacturing sector is well-positioned to benefit from robust investment activities and sustained external demand, RHB Investment Bank Bhd (RHB IB) said.

Kinergy Ventures Into IPP Sector, Acquires 47.5 Pct Stake In Jati Cakerawala

KUALA LUMPUR, Feb 7 (Bernama) -- Kinergy Advancement Bhd (KAB) is venturing into the Independent Power Producer (IPP) sector with the acquisition of a 47.5 per cent stake in Jati Cakerawala Sdn Bhd, a wholly-owned subsidiary of Pesaka Ventures Sdn Bhd (PVSB), for RM35 million.

Proton Begins Construction Of RM82 Mln EV Plant In Tanjung Malim

TANJUNG MALIM, Feb 7 (Bernama) -- Proton Holdings Bhd has begun constructing a new electric vehicle (EV) manufacturing plant at its high-tech facility here today.

Perodua Raises Capex To RM1.6 Bln In 2025, Focuses on Expansion

KUALA LUMPUR, Feb 7 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is increasing its capital expenditure (capex) to RM1.6 billion this year, with the biggest chunk reserved for plant improvements, raising stamping capacity, new model development and tooling.

IHH Healthcare Shares Rise After Seeking Compensation From Daiichi Sankyo Over Fortis Deal

KUALA LUMPUR, Feb 7 (Bernama) -- IHH Healthcare Bhd’s share price on Bursa Malaysia edged higher in early trading after its unit Northern TK Venture Pte Ltd (NTK) sought compensation from Japan’s Daiichi Sankyo Company Ltd for its stake acquisition in India’s Fortis Healthcare.

Subi Introduces Seven Rebranded Frozen Seafood Products

By Mohd Noor Iqram Rosli

KOTA BHARU, Feb 7 (Bernama) -- Frozen seafood brand, Subi, which has been established since 1998, is now launching a rebranding for seven of its products, in line with the evolving needs of modern consumers.