U Mobile, Huawei Partner To Advance 5G Adoption In Malaysia

KUALA LUMPUR, U Mobile and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) have inked a memorandum of understanding (MoU) to explore and promote the adoption and commercialisation of 5G-powered applications, solutions and intelligent service…

Malaysia And Indonesia Renew Local Currency Bilateral Swap Agreement

JAKARTA, The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or I…

LTAT’s Reinvestment Strategy To Unlock Growth, Support Retirement Commitments – Economist

KUALA LUMPUR, The sale and purchase agreement (SPA) signed by the Armed Forces Fund Board (LTAT) is set to align with its long-term reinvestment strategy, focusing on enhancing returns and ensuring sustainable financial growth, said economist Prof Dr…

FBM KLCI Futures Likely To Stay Steady Next Week

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to move in tandem with the underlying cash market next week.

Rakuten Trade Sdn Bhd’s vice-president of equity research, Thong Pak Leng ant…

Short-term Rates Set To Remain Stable Next Week On Bnm’s Operations

KUALA LUMPUR, Short-term interbank rates are expected to remain stable next week on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

This week, the central bank intervened daily to reduce excess funds fr…

Gold Futures To Trade In Consolidation Mode Next Week

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives is likely to trade in consolidation mode next week ahead of the release of United States (US) economic data next week, said an analyst.

SPI Asset Management managing director Step…

KLIBOR Futures Likely To Remain Muted Next Week

KUALA LUMPUR, The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives is likely to stay muted next week.

The contracts were untraded during the week just ended, with both volume and open interest r…