CPO Futures Close Higher On Expectation Of Sluggish Production Pace

KUALA LUMPUR, The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher on Wednesday as the market expects production pace to remain sluggish during the peak production period, said palm oil trader David Ng.

‘We see supp…

Licensed Contractors Ensure Sustainability Of Nation’s Construction Industry

Media reports of many owners of homes and premises being scammed by unlicensed contractors, resulting in losses amounting to hundreds of thousands of ringgit due to unfinished construction or renovation work, are raising public awareness on the issue…

SUKMA 2024: Top Guns Cheah, Gan End Shooting Competition In Seventh Heaven

KUCHING, Sharp-shooters Cheah Zen Hong of Pahang and Gan Chen Jie of Negeri Sembilan are dead-even with seven gold medals each as the 2024 Malaysia Games (SUKMA) shooting competition came to an end at the Sarawak Shooting Range today.

The duo gunned…

PETRONAS Gas Berhad Records Commendable Profit In The First Half Of Financial Year 2024 (1HFY2024)

KUALA LUMPUR, PETRONAS Gas Berhad (PGB or the Group) has delivered a notable 2% increase in Profit After Tax (PAT), reaching RM963.24 million for the first half of the financial year 2024 (1HFY2024), compared to RM944.26 million in the same period la…

Bursa Malaysia Opens Flat As Wall Street Weakens

KUALA LUMPUR, Bursa Malaysia opened nearly unchanged on Wednesday, mirroring Wall Street’s subdued overnight performance.

At 9.11 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 0.37 of-a-point to 1,642.40, compared with the previous close o…

Starlink Assists Kampung Sungai Tonggang Orang Asli Promote Ecotourism

IPOH, The installation of satellite internet connectivity with Starlink in Kampung Sungai Tonggang, Ulu Kinta here has apparently has a positive impact on the Orang Asli in the area after it was used to promote ecotourism besides for daily usage in t…

Ringgit Rises As US Dollar Index Declines On Fed Rate Cut Hopes

KUALA LUMPUR, The ringgit continued to strengthen against the US dollar, driven by a decline in the US Dollar Index (DXY), as investors anticipated potential rate cuts by the Federal Reserve, according to an analyst.

At 8 am, the ringgit improved to…