Malaysia, China Seen As Asia’s More Resilient Economies Amid Energy Market Volatility

KUALA LUMPUR, March 29 (Bernama) — Malaysia and China are emerging as relatively resilient economies in Asia amid intensifying global energy market volatility due to the ongoing conflict in West Asia.

PGMall Sees Five Pct Increase In New Shopper Growth After Zalora Official Store Onboarding

KUALA LUMPUR, March 28 (Bernama) -- Malaysian-grown e-commerce platform, PGMall, is anticipating a five per cent increase in new shopper growth following the official onboarding of the Zalora Official Store onto its platform today.

Labuan Corporation Invites Investment Proposals For Eight Prime Assets

By Jailani Hasan

LABUAN, March 28 (Bernama) -- Labuan Corporation (LC) has issued a request for proposal (RFP) to local and foreign investors for the leasing and development of eight of its assets, including the site of the recently demolished Hotel Labuan.

Aqina Fruits-Agrobank Agro Programme Drives Zero Hunger Mission, Empowers B40 Group

By Nur Fatin Mohmad Kadenen

JOHOR BAHRU, March 28 (Bernama) -- The B40 Community Agro Programme for MD2 Pineapple Farming, implemented by Aqina Fruits Sdn Bhd (AFSB) in collaboration with Agrobank, drives and supports the Sustainable Development Goal 2: Zero Hunger, by empowering the low-income group in the agricultural sector.

Hawkish Fed Bets, Oil Shock Set To Keep Ringgit Around 4.00 Against US Dollar Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 28 (Bernama) -- The ringgit is expected to trade around the 4.00 level against the US dollar next week, as expectations of a prolonged West Asia conflict weigh on the currency.

Gold Futures To Trade US$4,300-US$4,500 Next Week Amid West Asia Tensions

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a wide range of US$4,300 to US$4,500 next week amid market uncertainty over ongoing West Asia tensions.

Rubber Market Seen Trending Higher Next Week On Stronger Demand

By K. Naveen Prabu

KUALA LUMPUR, March 28 (Bernama) -- The rubber market is expected to trend higher next week, supported by stronger demand for the commodity amid supply disruptions in the global synthetic rubber segment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Bursa Malaysia To Remain Cautious Next Week As West Asia Conflict Dents Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as the unresolved West Asia conflict continues to shape global market direction.

FBM KLCI Futures Seen Consolidating Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, March 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to consolidate next week, reflecting the cautious sentiment in the underlying cash market.

SC Sees No Necessity To Set Up Bursa Malaysia Regsub Following Strengthened COI Framework

KUALA LUMPUR, March 27 (Bernama) -- The Securities Commission Malaysia (SC) has decided there is no necessity at present to proceed with the proposed legislation to establish a Bursa Malaysia Bhd subsidiary (Bursa Malaysia RegSub) to assume the regulatory functions currently undertaken by the exchange holding company.

Gold Futures Slip As Investors Shift To US Dollar

KUALA LUMPUR, March 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to settle lower on Friday, as investors increasingly shifted to safe-haven assets like the US dollar.

CPO Futures Close Higher On Stronger Crude Oil, Soybean Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, March 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking stronger crude oil prices, a trader said.