Kita Peduli mySalam Carnival Draws 5,000 Visitors

KUALA LUMPUR, Nov 2 (Bernama) -- The Kita Peduli mySalam Carnival held at a shopping centre in Klang today received a positive response, attracting 5,000 visitors, according to Great Eastern Takaful Berhad (GETB) in a statement.

25,000 Visitors Expected At Melaka International Halal Festival 2024

MELAKA, Nov 2 (Bernama) -- About 25,000 visitors are expected at the Melaka International Halal Festival 2024 (MIHF24), taking place at the Melaka International Trade Centre (MITC) from Dec 20 for three days.

Ukraine Seeks Malaysia As ASEAN Gateway For UAV Partnerships

KUALA LUMPUR, Nov 2 (Bernama) -- Ukraine views Malaysia as a key entry point for expanding collaborations in the ASEAN region's unmanned aerial vehicle (UAV) and drone sectors, said Ukraine’s deputy economy minister, Taras Kachka.

Sabah Space Project To Set Malaysia Apart In ASEAN Technology – Ukrainian Economy Minister

KUALA LUMPUR, Nov 2 (Bernama) -- The highly anticipated space launching site in Sabah would place Malaysia as ASEAN’s leading country in the region in terms of technology advancement, said Ukraine deputy economy minister Taras Kachka.

U Mobile To Reduce Foreign Majority Shareholdings To 20 Pct

KUALA LUMPUR, Nov 2 (Bernama) -- U Mobile Sdn Bhd, which has been selected to implement the country’s second 5G network, will reduce its foreign majority shareholding to 20 per cent to ensure greater Malaysian control and invite participation from local investors.

KWAP Appoints Nazaiful Affendi As Chief Strategy And Services Officer

KUALA LUMPUR, Nov 2 (Bernama) -- Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Nazaiful Affendi Zainal Abidin as the chief strategy and services officer (CSSO) effective Nov 1, 2024.

Rubber Market Likely To Trade Within Range Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 2 (Bernama) -- The local rubber market is expected to trade range-bound, with re-stocking activities balancing prices and demand amid subdued, coupled with uncertain market sentiment, said industry expert Denis Low.

CPO Futures To See Profit-taking Next Week Amid Bullish Rally

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 2 (Bernama) -- The crude palm oil (CPO) futures market is expected to see profit-taking next week following a bullish rally, driven by aggressive buying from hedge funds, said Interband Group of Companies senior palm oil trader Jim Teh.

Volatile Trade Expected For FBM KLCI Futures Next Week

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in volatile mode next week ahead of the United States (US) Presidential election.

Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results 

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.

Gold Futures Likely To Be Cautious Due To US Presidential Election

KUALA LUMPUR, Nov 2 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is likely to be on cautious trading mode as investors are expected to adopt a wait-and-see stance prior to the US presidential election on Nov 5, said dealers. 

Cautious Tone Expected For Ringgit Versus US Dollar Trading Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit is likely to trade on a cautious tone next week ahead of the US Presidential election on Nov 5, said an analyst.