Ringgit Retreats After Three Days Of Gains
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.
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Solarvest Bags EPCC Contract Potentially Worth RM142 Mln
KUALA LUMPUR, Nov 22 (Bernama) -- Solarvest Holdings Bhd’s wholly-owned subsidiary Atlantic Blue Sdn Bhd has bagged a conditional letter of award involving design, engineering, procurement, construction and commissioning (EPCC contract) from SM01 Sdn Bhd worth RM142 million.
Bursa Malaysia Reverses Early Losses To End Higher
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia recouped earlier losses to close marginally higher on Friday, buoyed by persistent buying in selected heavyweights led by Tenaga Nasional, amid the mostly upbeat performance in regional bourses.
Kumpulan H&L And Prosperous Plantation To Merge Estates, Enhance Economies Of Scale
KUALA LUMPUR, Nov 22 (Bernama) -- Kumpulan H&L High Tech Bhd’s wholly-owned subsidiary, H&L High-Tech Deco Sdn Bhd, has entered into an estate merger agreement with Prosperous Plantation PLT to achieve economies of scale and increase production output.
Rubber Market Closes Mixed, Tracking Regional Futures Markets
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 22 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, dragged down by a downtrend in the regional rubber futures market, a dealer said.
BNM's International Reserves Rise To US$118.0 Bln As At Nov 15, 2024
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Bumi Armada Profit Rises 19 Pct To RM211.33 Mln In 3Q
KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.
Over 90 Pct Of Entrepreneurs Have Yet To Adopt E-invoicing - Expert
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 22 (Bernama) -- It is estimated that over 90 per cent of entrepreneurs, especially those with an annual income of RM25 million or less, have yet to adopt the e-invoicing system introduced on Aug 1.
Malaysia's Inflation At 1.9 Pct In Oct 2024 - DOSM
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).
Affin Bank 3Q Net Profit Rises To RM145.82 Mln
KUALA LUMPUR, Nov 22 (Bernama) -- Affin Bank Bhd posted a higher net profit of RM145.82 million in the third quarter ended Sept 30, 2024 (3Q FY2024) compared to the net profit of RM100.45 million in the same period last year.
MATRADE, Vietrade To Strengthen Bilateral Trade Promotion
KUALA LUMPUR, Nov 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) and the Vietnam Trade Promotion Agency (VIETRADE) have taken a significant step in collaborating strategically to create new business opportunities, enhance economic resilience, and drive bilateral trade growth.
Bursa Malaysia Stays In Positive Zone At Midday In Sync With Regional Peers
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.