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Labuan Crude Oil Terminal Marks 50 Years As Malaysia’s Energy Gateway -- Hibiscus Petroleum Chairman

LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.

Ringgit Likely To Trade Between 4.13-4.16 With Slight Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.

Bearish Trade Seen For CPO Futures Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be bearish next week owing to the expectation of rising palm oil production, said a trader.

Malaysia Must Accelerate Tech Adoption, Strengthen Supply Chain For Energy Transition -- DPM Fadillah

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysia must accelerate the adoption of technology to remain competitive amid rising demand, global price uncertainty, shifts in investment landscapes, and the accelerating push toward decarbonisation, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Bursa Malaysia Ends Softer In Sync With Regional Trend

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia ended the week lower, mirroring the weak performance of regional bourses, as an overnight sell-off on Wall Street dampened investor sentiment.

S’gor Entrepreneurs, Businesses Have Strong Foundation To Drive ESG Economy - Exco

SHAH ALAM, Nov 21 (Bernama) -- Entrepreneurs and businesses in Selangor already have a solid foundation in driving an economy aligned with the Environmental, Social and Governance (ESG) principles, despite compliance challenges that are not unique to Malaysia, said State Investment, Trade and Mobility Committee chairman Ng Sze Han.

Halagel Returns To Explore Indonesian Market, Eyes 60 Mln Consumers In Sumatra

JAKARTA, Nov 21 (Bernama) -- Halagel (M) Sdn Bhd has relaunched the distribution of its products in Kota Padang through a collaboration with Aciak Mart, one of the largest retail chains in West Sumatra.

KKDW Prepares Working Paper For Rubber Productivity Enhancement Programme

KUALA LUMPUR, Nov 20 (Bernama) --  The Ministry of Rural and Regional Development (KKDW) is preparing a working paper on the implementation of a rubber productivity enhancement programme aimed at increasing the income and well-being of smallholders.

Sime Darby Property On Track To Achieve Sales Target Of RM3.6 Bln, GDV Of RM4 Bln In FY2025

KUALA LUMPUR, Nov 20 (Bernama) -- Sime Darby Property Bhd is on track to achieve sales target of RM3.6 billion and gross development value (GDV) launches worth RM4 billion for the financial year 2025 (FY2025).

Bursa Malaysia Ends Lower On Late Selling

KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia’s benchmark index reversed yesterday’s gains to close lower, weighed down by profit-taking, as selling in selected heavyweights intensified during the last two hours of trading, as investors turned cautious despite mostly higher performances across regional markets.

G42 Welcomes US Authorisation To Export Advanced AI Semiconductors 

KUALA LUMPUR, Nov 20 (Bernama) -- G42 has welcomed the White House’s decision to authorise the export of advanced artificial intelligence (AI) semiconductors to the company, marking a key shift from planning to deployment within the United Arab Emirates (UAE)–United States (US) AI corridor.

CPO Prices To Rebound Towards RM4,500 Per Tonne Amid Festive Demand, Output Slowdown - MPOC

KUALA LUMPUR, Nov 20 (Bernama) -- Crude palm oil (CPO) prices are expected to find strong support at RM4,100 to RM4,200  per tonne in December 2025 and could trend higher towards RM4,500 per tonne, according to the Malaysian Palm Oil Council (MPOC).