CPO Futures Rise Above RM4,500 A Tonne On Supply Concerns, Pre-Ramadan Demand

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, with the April 2025 benchmark contract surpassing RM4,500 per tonne, driven by concerns over weak output and anticipated demand ahead of Ramadan.

SSF, Rumah Ibu Ink MoU For Affordable Housing Initiative In Perak

KUALA LUMPUR, Feb 7 (Bernama) -- Homegrown furniture and home living retailer SSF Home Group Bhd (SSF) has signed a memorandum of understanding (MoU) with Rumah Ibu Sdn Bhd to collaborate on the Rumah Ibu Scheme, an affordable homeownership initiative in Perak.

Sarawak Grants Zecon 30-year Solar Power Generation License

KUALA LUMPUR, Feb 7 (Bernama) -- The Sarawak government has approved Zecon Bhd’s application for an electricity license to generate solar power to supply electricity under the Sarawak Electricity Ordinance at Kota Petra Green Technology Park (KPGTP) in Kuching.

Gold Futures Higher At Close

KUALA LUMPUR, Feb 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rose today ahead of the release of the US nonfarm payrolls report later today.   

Rightsizing Efforts Aimed At Ensuring Petronas Can Contribute Continuously To Nation-Building

KUALA LUMPUR, Feb 7 (Bernama) -- Petronas’ rightsizing efforts are to ensure that the national oil company can continuously contribute to nation-building, its president and chief executive officer Tengku Tan Sri Muhammad Taufik said today. 

MyGAS 2025 To Focus On Tackling Financing Challenges In Gas Industry

KUALA LUMPUR, Feb 7 (Bernama) -- The Malaysian Gas Symposium (MyGAS 2025) will focus on a critical challenge facing the gas industry - securing financing for gas-related projects “in the everchanging energy landscape to ensure energy security, affordability and sustainability.”

Yinson Awards SOLS Foundation And SAGEMAKER ASIA With RM50,000 Y4Y Grant

KUALA LUMPUR, Feb 7 (Bernama) -- Yinson Holdings Bhd has awarded the Yinson4Youth (Y4Y) grant to both SOLS Foundation and SAGEMAKER ASIA PLT, with each organisation receiving a RM50,000 grant. 

Ringgit Closes Lower Against US Dollar

KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit ended the week slightly lower against the US dollar, as cautious market sentiments prevailed due to uncertainties over the United States’ (US) tariff policies.

AI To Transform Auditing With Real-Time Insights, Future Risk Predictions

By Nurul Hanis Izmir

CYBERJAYA, Feb 7 (Bernama) -- The future of auditing is set for a transformative shift with the integration of artificial intelligence (AI), enabling real-time risk assessments and predictive insights that go beyond traditional methods, said co-founder of Audrey South Africa, Claude Chetty.

Agrobank Targets 80,000 Participants For Mega Million 2.0 Campaign

KUALA LUMPUR, Feb 7 (Bernama) -- Agrobank is targeting the participation of 80,000 participants for its Mega Million 2.0 Campaign which runs from Nov 1, 2024 to Oct 31, 2025.

Bursa Malaysia Ends Higher For 4th Straight Day Led By Tech, Construction Stocks

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia ended higher for the fourth consecutive session on Friday, with buying mainly in technology and construction stocks, ahead of the release of US jobs report later today, said an analyst.

Manufacturing Sector To Benefit From Robust Investment -- RHB IB

KUALA LUMPUR, Feb 7 (Bernama) -- Malaysia’s manufacturing sector is well-positioned to benefit from robust investment activities and sustained external demand, RHB Investment Bank Bhd (RHB IB) said.