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Rubber Market Ends Sharply Higher, Hits New 2026 High Amid Tight Supply

KUALA LUMPUR, May 13 (Bernama) -- The Kuala Lumpur rubber market ended sharply higher on Wednesday, reaching a new high for 2026, supported by the persistent concerns over tight natural rubber supply across major producing countries and a decline in local rubber production, a dealer said.

CelcomDigi Posts A Higher Net Profit Of RM418 Mln In 1Q FY2026

KUALA LUMPUR, May 13 (Bernama) -- CelcomDigi’s net profit rose to RM418 million in the first quarter of financial year ended March 31, 2026 (1Q 2026), compared to RM384 million in 1Q 2025.

Sand Unit Price Index Rises 0.4-14.5 Pct Nationwide In April 2026 -- DOSM

KUALA LUMPUR, May 12 (Bernama) -- The unit price index of sand has jumped in April 2026, ranging from 0.4 per cent to 14.5 per cent nationwide, according to the Department of Statistics Malaysia (DOSM).

Ringgit Opens Higher Versus Greenback, Major Currencies

KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.

CPO Futures Close Higher On Soybean Oil Gains

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.

Bursa Malaysia Reprimands Ireka, Seven Former Directors, Imposes RM425,000 In Fines

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Ireka Corp Bhd (Ireka) and seven of its former directors for breaches of the Bursa Malaysia Securities Main Market Listing Requirement, while imposing total fines of RM425,000 on the directors.

Vedanta Posts Record FY26 Profit, Revenue Following Demerger

KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)

BMI Sees BNM Holding OPR At 2.75 Pct In July Amid Contained Inflation

KUALA LUMPUR, May 11 (Bernama) -- BMI, a unit of Fitch Solutions, expects Bank Negara Malaysia (BNM) to leave the overnight policy rate (OPR) on hold at 2.75 per cent at its next meeting on July 9, following the central bank’s May 7 rate decision.

Malaysia's Wholesale And Retail Trade Climbs 9.8 Pct To RM169 Bln In March 2026 -- DOSM

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s wholesale and retail trade climbed 9.8 per cent year-on-year in March 2026, with sales worth RM169 billion, supported by strong seasonal consumer demand, according to the Department of Statistics Malaysia (DOSM).

Malaysia’s Palm Oil Stocks Up 1.71 Pct To 2.30 Mln Tonnes In April 2026 -- MPOB

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s palm oil stocks rose 1.71 per cent, or 38,900 tonnes, to 2.30 million tonnes in April 2026 from 2.27 million a month earlier, according to the Malaysian Palm Oil Board (MPOB).

MISC Names Two New LNG Carriers, Strengthens Partnership With ExxonMobil Unit

KUALA LUMPUR, May 8 (Bernama) -- MISC Bhd announced the naming of two new-generation liquefied natural gas (LNG) carriers, Seri Dian and Seri Dayang, further strengthening its long-standing partnership with Seariver Maritime LLC (SRM), a wholly-owned subsidiary of ExxonMobil.

Hume Cement's 3Q Net Profit Up On Gains From Disposal Of Subsidiary

KUALA LUMPUR, May 8 (Bernama) -- Hume Cement Industries Bhd’s net profit jumped to RM243.75 million in the third quarter ended March 31, 2026 (3Q 2026), from RM40.64 million in 3Q 2025, primarily due to a one-off gain on the disposal of a subsidiary during the quarter.