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FBM KLCI Continues Slide, Mirroring Weaker Regional Performance

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.

Avis Predicts Surge In Corporate EV Leasing Demand

SHAH ALAM, Jan 6 (Bernama) -- Avis Malaysia, a mobility solutions provider, projects a rise in demand for electric vehicles (EVs) in the corporate non-commercial leasing segment this year, driven by government-friendly policies.

TechStore Inks Underwriting Agreement With M&A Securities For Upcoming IPO

KUALA LUMPUR, Jan 6 (Bernama) -- Information technology (IT) services provider, TechStore Bhd (TechStore) has signed an underwriting agreement with M & A Securities Sdn Bhd for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Bursa Malaysia Opens Higher, Tracks Wall St’s Firm Gains

KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index opened higher on Monday, tracking Wall Street’s gains after fresh demand for technology stocks propelled the US market.

Ringgit Opens Higher Ahead Of PBoC Fixing 

By Karina Imran & Danni Haizal Danial Donald

KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies amid cautious sentiment ahead of the People's Bank of China (PBoC) fixing today, an analyst said.

PERNAS Has Channeled RM461 Mln To 2,283 Franchise Entrepreneurs Since 2014 - Ewon

KOTA KINABALU, Jan 5 (Bernama) -- Perbadanan Nasional Bhd (PERNAS), an agency under the Entrepreneur and Cooperatives Development Ministry (KUSKOP), has disbursed RM461 million in financing to 2,283 franchise entrepreneurs nationwide since 2014.

Two Former Company Directors Fined For Improper Use Of Position Over Bonus Payment

KUALA LUMPUR,  Jan 5 (Bernama) -- Two former company directors pleaded guilty to using company funds amounting to RM200,000 as bonus payments to themselves without the company’s approval and were fined RM100,00 each for the offence.

Malaysian Cafe Owners To Rethink Pricing Strategies As Coffee Bean Prices Reach Record Highs

KUALA LUMPUR, Jan 5 (Bernama) – Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies as coffee bean prices hit record highs. 

Coffee Drinkers Have To Adapt To Surging Prices Amid Global Supply Shortage

By Fatin Umairah Abdul Hamid and K.Naveen Prabu

KUALA LUMPUR, Jan 5 (Bernama) -- Coffee lovers who are now paying more for their favourite specialty brew amid rising coffee bean prices might be forced to adopt more affordable alternatives such as brewing their own coffee and drinking it less frequently.

Gold Futures Likely To Be Volatile Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- Trading of gold futures contracts on Bursa Malaysia Derivatives is likely to oscillate between US$2,640 and US$2,700 per troy ounce next week, said an analyst. 

CPO Futures To Trade Slightly Bullish Next Week Due To Seasonally Strong Fundamentals

KUALA LUMPUR, Jan 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a slight bullish bias next week, given the seasonally strong fundamentals, a dealer said.

Ringgit Likely To Trade On Softer Note Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.