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Economy
New TDM Project To Drive Transformation Of Malaysia’s Tooling Industry
SHAH ALAM, Sept 18 (Bernama) -- Malaysia’s tool, die and mould (TDM) industry is set to enter a new phase of digital transformation and global competitiveness with the launch of the NEW TDM Project next month.
Market
FBM KLCI Futures Expected To Trade Cautiously Next Week Amid Higher Oil Prices
KUALA LUMPUR, Sept 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to trade cautiously next week as higher oil prices continue to put pressure on global risk appetite, said an analyst.
Rubber Market Likely To Remain Steady With Slight Downward Bias Next Week
By Muhammad Fawwaz Thaqif Nor Afandi
Expectations Of Higher Crude Oil Prices To Support Cpo Futures Next Week
KUALA LUMPUR, Sept 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week, supported by expectations of firmer crude oil prices amid ongoing geopolitical tensions.
Corporate
EcoWorld Wins Singapore Land Tender With RM667.6 Mln Bid
KUALA LUMPUR, Sept 18 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld) wholly owned subsidiary, Eco World Development (S) Pte Ltd, has secured a parcel of land at Lorong Puntong/Sin Ming Avenue, Singapore, for S$208.09 million (RM667.6 million).
Labuan IBFC, TRX City To Advance ‘1 Ecosystem, 2 IFCs’ Vision
KUALA LUMPUR, Sept 18 (Bernama) -- Labuan IBFC Incorporated Sdn Bhd and TRX City Sdn Bhd will strengthen collaboration between the two international financial centres (IFCs) and advance the shared vision of “1 Ecosystem, 2 IFCs”.
Malaysia’s OPR Could Rise By 25 Bps In 2027 - MBSB Research
KUALA LUMPUR, Sept 18 (Bernama) -- Malaysia’s overnight policy rate (OPR) could rise by 25 basis points (bps) in 2027 amid expectations of further increases in global interest rates, according to MBSB Research.