Foreign Investors Net Bought RM1.5 Bln Last Week, Highest Since March 2016

KUALA LUMPUR, Foreign investors net bought RM1.50 billion in equities in Malaysia for the third consecutive week, said MIDF Amanah Investment Bank Bhd (MIDF).

In its fund flow report for the week ended Aug 30, 2024, MIDF said foreign investors net b…

CPO Futures End Lower, Tracking Weaker Rival Oils

KUALA LUMPUR, The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower, with the benchmark November contract declining by RM44 to RM3,933 a tonne.

Palm oil trader David Ng attributed the decline to weakness in the Chicago…

99 Speed Mart’s 2Q Net Profit Surges To RM125.53 Mln

KUALA LUMPUR, Net profit of 99 Speed Mart Retail Holdings Bhd for the second quarter ended June 30, 2024 (2Q 2024) jumped to RM125.53 million from RM75.48 million in 2Q 2023.

The higher net profit was driven by improved sales contribution, achieveme…

Perfect Brew Of Cash Crop Transforms Xinzhai Into No. 1 Coffee Village In China

BAOSHAN (China), The aroma of coffee pierces the soul!

Such is the conviction of coffee lovers when they visit Xinzhai village located in Baoshan City, Yunnan Province, China.

Xinzhai used to be a poor, remote village near the border of Myanmar pla…

Flight To Incheon Turned Back Due To Technical Issue – MAS

KUALA LUMPUR, Malaysia Airlines (MAS) confirmed that a flight from Kuala Lumpur International Airport (KLIA) to Incheon International Airport, South Korea, turned back early this morning due to a technical issue with the hydraulic system.

In a stat…

Separation Of Powers Between Attorney General And Public Prosecutor Still Being Studied

SUNGAI PETANI, The separation of powers between the Attorney General and the Public Prosecutor is still in the studying stage and it has not been finalised when it will be implemented, said Attorney General Datuk Ahmad Terrirudin Mohd Salleh.

He sai…

Manufacturing Sector Poised For Continued Growth In 2H2024 – FMM

PETALING JAYA, The manufacturing sector is poised for continued growth in the second half of 2024 (2H2024), bolstered by global economic recovery and supportive domestic policies, after delivering a commendable performance in 1H2024, said the Federat…