CPO Futures Snap Three-day Losing Streak To End Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Wednesday as the market expects a resumption of vegetable oil demand from India for the upcoming festive season, said a trader. 

Haily Group Unit Bags Construction Contract Worth RM75.9 Mln

KUALA LUMPUR, Sept 18 (Bernama) -- Haily Group Bhd’s wholly-owned unit Haily Construction Sdn Bhd has accepted a letter of award from Meridin East Sdn Bhd for the construction and completion of 393 units of terrace houses in Johor Bahru worth RM75.90 million. 

FBM KLCI Pares Loss At Close Amid Market Uncertainty Ahead Of Expected US Rate Cut

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 18 (Bernama)  -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.

LCR Expects To Improve, Supporting NIM Recovery - Maybank IB

KUALA LUMPUR, Sept 18 (Bernama) -- The average liquidity coverage ratio (LCR) for Islamic banks in Malaysia has improved, which should help reduce funding pressure in the near future, said Maybank Investment Bank Bhd (Maybank IB).

Budget 2025: BIMB Securities Expects Malaysia's Fiscal Deficit To Be Lower At 3.5 Pct

KUALA LUMPUR, Sept 18 (Bernama) -- BIMB Securities Sdn Bhd foresees a lower fiscal deficit of 3.5 per cent in line with the 12th Malaysia Plan Mid-term Review (12MP MTR) for Budget 2025. 

Airbus Expansion In Malaysia Offers Promising Avenue For Green Aviation

KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.

Bursa Malaysia Weaker In Early Trade, Tracking Wall Street's Muted Overnight Performance

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia traded flat to lower during the early morning trade, taking its cue from Wall Street’s muted overnight performance as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.

Sarawak's Regional Development Authority Expects Betong Food Basket Project To End 2025

KUCHING, Sept 16 (Bernama) -- The Food Basket Development Project in Spaoh, Betong district, which is part of the Federal Government's food basket initiative is expected to be completed early next year.

Bad Weather Conditions Likely To Boost Rubber Market Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 14 (Bernama) — The local rubber market is expected to trade higher next week due to uncertainties caused by bad weather conditions, which could boost both demand and prices, said industry expert Denis Low.

CPO Futures Expected To Trade Lower Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 14 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade on a downward bias next week, given the persistent weak demand seen recently, a dealer said.

No Major Change Expected In Chip Industry Post-US Elections - Tengku Zafrul

KUALA LUMPUR, Sept 13 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz said today that Malaysia expects no major change in the chip industry post-United States presidential election on Nov 5, 2024.