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Business Export Programme Generates RM74 Mln In Export Sales -- SME Bank

KUALA LUMPUR, Sept 20 (Bernama) -- SME Bank Malaysia Bhd’s business export programme (BEP) has generated over RM74 million in incremental export sales as of Aug 31, 2024, with 65 per cent of the companies entering new export markets.

CPO Futures Close Higher On Stronger Soybean Futures

KUALA LUMPUR, Sept 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the third consecutive trading day, driven by stronger soybean oil futures on the Chicago Board of Trade, a trader said.

Three Major Chinese Heavy Industry Firms Set To Establish Operations In Labuan

By Jailani Hasan

LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.

Northport Achieves New Breakbulk Record With 52,480 FWTs of Steel Cargo

KUALA LUMPUR, Sept 20 (Bernama) -- Northport (Malaysia) Bhd, a member of the MMC Group, has set a new record for breakbulk cargo handling from a single vessel, surpassing its previous milestone set in March this year.

iPhone 16 Buyers Weigh Options Amid Price Differences

KUALA LUMPUR, Sept 20 (Bernama) -- As the latest iPhone 16 becomes available in Malaysia, many consumers are considering whether buying the device locally is the best financial choice, especially considering the fluctuating ringgit against major currencies such as the US dollar and Singapore dollar.

Bank Muamalat's Khairul Kamarudin Wins GIFA 2024 CEO of The Year Award

KUALA LUMPUR, Sept 20 (Bernama) -- Bank Muamalat Malaysia Bhd (Bank Muamalat) president and chief executive officer (CEO) Khairul Kamarudin has won the prestigious CEO of the Year award at the Global Islamic Finance Awards (GIFA) 2024.

Glomac's 1Q Net Profit Rises To RM7.28 Mln

KUALA LUMPUR, Sept 20 (Bernama) -- Glomac Bhd’s net profit for the first quarter of the financial year ending July 31, 2025 (1Q FY2025) rose to RM7.28 million from RM4.06 million in the same quarter last year.

Bursa Malaysia Ends Higher In Line With Most Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.

Subang Airport Records 25 Pct Rise In International Passenger Traffic For August

KUALA LUMPUR, Sept 20 (Bernama) -- Sultan Abdul Aziz Shah Airport, also known as Subang Airport (SZB), recorded a 25 per cent rise in international passenger traffic in August 2024, according to Malaysia Airports Holdings Bhd (MAHB).

Malaysia, Like Other Asean Countries, Will Continue to be Neutral and Attract Investments to Region

KUALA LUMPUR, Sept 20 (Bernama) --  Malaysia, like other ASEAN countries, will continue to strengthen its neutral stance so that more investment and trade will flow to the ten member countries of the bloc, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz.

Kenanga Maintains 2024 Export Growth Forecast At 7.3 Pct despite Rising Downside Risks

KUALA LUMPUR, Sept 20 (Bernama) -- Kenanga Investment Bank Bhd has maintained a positive outlook for exports, projecting a growth rate of 7.3 per cent for the year based on current indicators.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended the morning trading session higher, tracking Wall Street’s rally overnight.