Bursa Malaysia Ends Higher Amid Profit-taking In Plantation Stocks
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
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Rubber Market Ends Mixed Amid Steady Oil, Supply Tightness
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.
MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030
PETALING JAYA, Nov 27 (Bernama) -- The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).
PetGas 3Q Net Profit Jumps To RM493.67 Mln, Declares 18 Sen Dividend
KUALA LUMPUR, Nov 27 (Bernama) -- Petronas Gas Bhd's (PetGas) net profit climbed to RM493.67 million in the third quarter ended Sept 30, 2024 (3Q FY2024), up from RM468.46 million in the same period last year.
PPI Continues To Fall, 2.4 Pct Lower In October 2024
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).
Bursa Malaysia Maintains Upward Momentum Amid Mixed Regional Markets
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia keeps its momentum going at midday amid not-so-rosy regional markets as investors turn their attention to the upcoming US inflation report later tonight.
Malaysia, Russia To Strengthen Ties, Focusing On Digitalisation, Energy, Trade Opportunities Via ASEAN, BRICS
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysian companies are encouraged to explore the vast opportunities offered by Russian businesses, particularly in digitalisation and information technology (IT), said Roscongress Foundation.
Malaysian Brands Stand Out At 18th World Branding Awards In London
KUALA LUMPUR, Nov 27 (Bernama) -- The 18th edition of the World Branding Awards recognised the achievements of some of the world's top brands, crowning them as National, Regional, and Global Winners, including Malaysia’s Farm Fresh, Getha and Munchy's.
Bursa Malaysia Bucks Regional Trend To End Higher, Blue Chips Keep CI Above 1,600
KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia bucked the mostly weaker regional market trend at the close today, with a stellar performance by heavyweights supporting the key index to stay above the psychologically 1,600 level.
Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira.
IHH, Petronas Dagangan Keep FBM KLCI Above 1,600 Mark Amid Mixed Market
KUALA LUMPUR, Nov 26 (Bernama) -- IHH and Petronas Dagangan continued to support Bursa Malaysia’s main index above the 1,600 mark, amid selling in mid-cap stocks that led to a mixed market breadth.
Tax Incentives Considered To Draw Investors To Build SAF Production Hub - Johari Ghani
KUALA LUMPUR, Nov 26 (Bernama) -- The Plantation and Commodities Ministry (KPK) is considering several tax incentives to attract investors into Malaysia to build a production hub for sustainable aviation fuel (SAF).