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By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY), as market participants continued to assess the US Federal Reserve’s (Fed) policy outlook.
By K. Naveen Prabu
KUALA LUMPUR, Dec 17 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, reversing earlier losses, supported by a recovery in the soybean oil market.
PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.
KUALA LUMPUR, Dec 17 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is encouraging the participation of all parties, including cooperatives, in the development of solar farms and community solar programmes.
KUALA LUMPUR, Dec 17 (Bernama) -- Paramount Corporation Bhd’s wholly-owned subsidiary Prima Kuasa Sdn Bhd has entered into a sale and purchase agreement with SJ Properties Sdn Bhd to acquire 19.62 hectares (48.49 acres) for a RM579 million housing project.
KUALA LUMPUR, Dec 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today on expectations of further interest-rate cuts by the Federal Reserve next year following strong US non-farm payrolls (NFP) data.
KOTA KINABALU, Dec 17 (Bernama) -- The Sabah government, through the Sabah Energy Commission (ECoS), has begun exploring renewable energy in the form of Ocean Thermal Energy Conversion (OTEC) and is currently conducting an implementation study along the state’s east coast, according to Chief Minister Datuk Seri Hajiji Noor.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit snapped four consecutive days of gains to close slightly lower against the US dollar on Wednesday as some traders took profit.
GEORGE TOWN, Dec 17 (Bernama) — Penang’s home-grown nature learning destination Entopia today marked a major milestone with the signing of an exclusive franchising agreement with DEMED Group of Turkiye, paving the way for its expansion into eight countries and positioning it on the global stage.
KUALA LUMPUR, Dec 17 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by gains in regional rubber futures markets and crude oil prices, said a dealer.
KUALA LUMPUR, Dec 17 (Bernama) -- TSR Capital Bhd’s wholly owned subsidiary, TSR Bina Sdn Bhd, has clinched a contract worth RM48 million from Sime Darby Property (Bukit Raja) Sdn Bhd for the construction and completion of main infrastructure and ancillary works at Bandar Bukit Raja Stage 3.
KUALA LUMPUR, Dec 17 (Bernama) -- Top Glove Corporation Bhd expects its sales volume to Europe to improve significantly during the second quarter of the financial year ending Aug 31, 2026 (2Q FY2026), underpinned by the recently secured strong orders.
