Penang Welcomes HK Express’ Inaugural Flight From Hong Kong

GEORGE TOWN, Nov 22 (Bernama) -- Penang today welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong, marking a milestone in the state’s tourism development.

Hap Seng 3Q 2024 Net Profit Soars Nearly Fourfold To RM193.11 Mln

KUALA LUMPUR, Nov 21 (Bernama) -- Hap Seng Consolidated Bhd's (HSCB) net profit for the third quarter ended Sept 30, 2024 (3Q 2024) soared nearly fourfold to RM193.11 million, up from RM50.30 million in the same period last year.

Rubber Market Closes Lower, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, taking its cue from the mixed regional rubber futures market performance and weighed down by the stronger ringgit versus the US dollar, a dealer said.

Malaysian Businesses Urged To Tap Into Kenya’s Agriculture, Halal Industries -- Envoy

KUALA LUMPUR, Nov 21 (Bernama) -- Malaysian businesses are encouraged to explore investment opportunities in Kenya, especially in the agriculture sector, which requires smart farming techniques and industrialised know-how, as well as in the halal industry.

Bursa Malaysia Opens Lower Amid Wall Street's Mixed Performance

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits. 

Gold Futures Ease On Subdued Demand

KUALA LUMPUR, Nov 20 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today on subdued demand, tracking losses in the US COMEX gold market, an analyst said.

CPO Futures Close Higher, Tracking Soybean Oil Prices On CBOT

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT), said Palm oil dealer David Ng.

Rubber Market Closes Higher, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 19 (Bernama) -- The Kuala Lumpur rubber market rose to end higher on Tuesday, supported by an uptrend in regional rubber futures markets, a dealer said.

Local Rubber Market Ends Lower In Tandem With Regional Peers

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 18 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, dragged down by the decline in regional rubber futures markets and a stronger ringgit against the US dollar, a dealer said.

Malaysia's Economic Growth To Remain Modest Amid External Challenges - Analyst

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia’s economic growth will remain modest for the rest of 2024, citing weakening external demand and ongoing global policy uncertainties, said Hong Leong Investment Bank Bhd (HLIB).

Kossan Shares Rise In Early Trade Despite Weaker 3Q Results

KUALA LUMPUR, Nov 18 (Bernama) -- Kossan Rubber Industries Bhd’s shares on Bursa Malaysia rose in early trade after the company announced an interim and special dividend, despite weaker results for the third quarter ended Sept 30, 2024 (3Q 2024).

Ringgit Advances As Domestic Optimism Offsets US Rate Concerns

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.