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Gold Holds Value, Serves As Household Economic Shield

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 25 (Bernama) -- For most Malaysian households, surging global gold prices are more than a tale of market speculation. They act as a financial safeguard, as the value of jewellery and accumulated gold holdings rises, easing household pressures and strengthening family resilience amid the rising cost of living.

KPF Processes Share Capital Withdrawal Applications Totalling RM909.85 Mln From 2020-2025

KUALA LUMPUR, Dec 23 (Bernama) -- Koperasi Permodalan Felda Malaysia Bhd (KPF) has processed applications for the withdrawal of share capital amounting to RM909.85 million from 2020 to 2025, with full payments totalling RM543.6 million made for the years 2020 to 2023.

Ringgit Edges Up As US Dollar Index Slips

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit opened higher against the US dollar in early trade today, supported by a weaker greenback as the US Dollar Index (DXY) declined 0.33 per cent to 98.271 points amid thin trading conditions during the holiday-shortened week.

Coastal Among Top Gainers After Clinching RM4.64 Bln Mexico Gas Project

KUALA LUMPUR, Dec 22 (Bernama) -- Coastal Contracts Bhd emerged among the top gainers at midmorning today after securing a RM4.64 billion gas processing contract in Mexico through a consortium led by its Mexican joint venture company, Coastoil Dynamic SA de CV.

Bursa Malaysia's Key Index Rises 1.15 Pct On Firmer Regional Markets

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.

Fushi Technology Launches One-Stop Customer Loyalty Solution For Jumbo

KUALA LUMPUR, Dec 19 (Bernama) -- Fushi Technology, an artificial intelligence (AI) services provider for merchants and consumers in Asia, has officially launched its customer relationship management (CRM) membership management product for Jumbo, a Singapore-founded seafood restaurant chain.

FELCRA Sets 15 Pct Dividend For FY 2025, Payout Early Next Year

KUALA LUMPUR, Dec 17 (Bernama) -- The dividend based on the operations of the Federal Land Consolidation and Rehabilitation Authority (FELCRA) for the 2025 financial year has been set at 15 per cent and is expected to be paid early next year, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

JC3 Issues Sustainable And Transition Finance Guidance

KUALA LUMPUR, Dec 17 (Bernama) -- The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC), has published the Sustainable and Transition Finance Guidance (STFG).

ASEAN Confidence Remains Strong Despite Heightened Regional Tension

KUALA LUMPUR, Dec 17 (Bernama) -- ASEAN confidence remains strong despite developments and heightened attention surrounding regional tension, including the situation between Thailand and Cambodia.

MITTA, MOTAC Step Up Efforts To Curb Illegal Tourism Operators

KUALA LUMPUR, Dec 16 (Bernama) — The Malaysian Indian Tour and Travel Association (MITTA) and the Ministry of Tourism, Arts and Culture (MOTAC) are stepping up efforts to curb illegal and unlicensed tourism operators amid a rise in such activities.

Hilton, Explora Journeys Launch Luxury Ocean Loyalty Tie-Up

KUALA LUMPUR, Dec 16 (Bernama) -- Hilton and Explora Journeys, the ultra-luxury ocean travel brand of MSC Group, have unveiled an exclusive partnership that brings high-end cruising into Hilton’s global loyalty ecosystem, marking Hilton’s first major expansion into luxury ocean travel.

Captain Izham Bids Farewell To Final Media Engagement, Expresses Confidence In MAG's Successors

KUALA LUMPUR, Dec 15 (Bernama) -- Outgoing Malaysia Aviation Group (MAG) group managing director Datuk Captain Izham Ismail on Monday marked his final official engagement with the media, closing a chapter spanning more than four decades with the company, with gratitude, reflection and quiet emotion.