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Malaysia’s Fuel Supply Stable, But Oil Prices May Remain Elevated For 2-3 Years -- Nurhisham

By Nurul Hanis Izmir

PUTRAJAYA, Sept 6 (Bernama) -- Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, said the Prime Minister’s economic adviser Nurhisham Hussein.

Smart Energy, Talent Critical To Sustain Penang’s Semiconductor Growth - ABB

By Farhana Poniman

GEORGE TOWN, 6 Sept (Bernama) -- Reliable and sustainable power infrastructure, smart energy management and a skilled talent pool are critical to sustaining the growth of Penang’s semiconductor and electrical and electronics (E&E) sector amid the global artificial intelligence (AI) boom, ABB said.

BYD To Unveil Malaysia EV Development Plan Within A Week

From Samantha Tan Chiew Tieng

SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.

Malaysia’s Strong Fundamentals Support Capital Market Opportunities

KUALA LUMPUR, Sept 5 (Bernama) -- Malaysia’s strong economic fundamentals will continue to support investment opportunities across its capital markets, Treasury secretary-general Tan Sri Johan Mahmood Merican said.

KLCI Futures Seen Trading Firmer Next Week

KUALA LUMPUR, Sept 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade firmer next week, in line with expectations of the positive momentum in the underlying cash market.

CPO Futures Likely To See Profit-taking Next Week Amid High Stock Levels

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to see profit-taking next week amid high stock levels in Malaysia and Indonesia, said a dealer.

Rubber Trade Range-Bound With Slightly Lower Bias Next Week Amid Oil Price, Geopolitical Uncertainty

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 5 (Bernama) -- The Kuala Lumpur rubber market is expected to remain range-bound with a slightly lower bias next week, as supply and demand remain largely in equilibrium amid volatile crude oil prices and uncertainty arising from geopolitical tensions.

Gold Futures Likely To See Profit-Taking Ahead Of US Inflation Data

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to see some profit-taking early next week ahead of the release of key United States inflation data, said Quintex Intel global strategist Stephen Innes.

Ringgit, Regional Currencies Seen Under Pressure Next Week As Strong US Jobs Data Bolsters Greenback

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 5 (Bernama) -- The ringgit and other regional currencies are expected to come under pressure next week, with the local currency seen trading between RM4.04 and RM4.06 against the US dollar.

Bursa Malaysia Expected To Trade With A Positive Bias Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 5 (Bernama) -- Bursa Malaysia is expected to trade with a positive bias next week, underpinned by resilient domestic fundamentals and improving regional sentiment.

CPO Futures Mostly Higher As Soybean Oil Prices Strengthen

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly higher on Friday, tracking stronger soybean oil prices.

MBSB Bank Allocates RM78 Mln Financing For Kedah Water Infrastructure Solar Projects

BALING, Sept 3 (Bernama) -- MBSB Bank Bhd has allocated RM78 million in Shariah-compliant financing to support the implementation of solar energy projects at 32 facilities owned by Syarikat Air Darul Aman (SADA) throughout Kedah.