1d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to show a downside bias next week, amid sluggish export demand, according to palm oil dealer David Ng.
1d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain an upward bias next week, trading within the US$2,775 per troy ounce to US$2,825 per troy ounce range, driven by strong physical demand in Asia and speculative interest from the Western markets.
1d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.
2d ago
KUALA LUMPUR, Jan 31 (Bernama) -- Global air passenger demand reached a record high in 2024, with total traffic rising 10.4 per cent compared to the previous year, according to the International Air Transport Association (IATA).
2d ago
KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.
4d ago
KUALA LUMPUR, Jan 29 (Bernama) -- Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).
5d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended its uptrend to the third consecutive day on Tuesday, supported by the weaker palm oil production by Southern Peninsular mills during Jan 1-25, 2025 period, an analyst said.
5d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Peer-to-peer (P2P) financing platform microLEAP recorded a 101 per cent year-on-year increase in financing disbursements, rising to RM125 million in 2024 from RM62.18 million in 2023.
5d ago
KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.
6d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher on Monday due to expectations of weaker output, said palm oil dealer David Ng.
6d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.
6d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s office space market is showing a promising trajectory, with global and local occupiers continuing to seek premium spaces that meet evolving workplace and sustainability standards, according to real estate consultancy firm Knight Frank Malaysia.