Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia remained lower at midday amid continued selling pressure in selected heavyweight counters. 

Bursa Malaysia Turns Lower In Early Trade After Opening Higher

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened slightly higher on Friday but eased thereafter due to mild profit-taking in selected heavyweight counters.

CPO Futures Close Mostly Lower On Weaker CBOT Soybean Oil

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, weighed down by weaker soybean oil on the Chicago Board of Trade (CBOT).

Labuan Corp Appoints Jeffrey Lim As Invest Labuan CEO

LABUAN, Oct 15 (Bernama) -- Labuan Corporation (LC) has appointed entrepreneur Jeffrey Lim Tau Hoong as chief executive officer of its wholly owned investment subsidiary, Invest Labuan Sdn Bhd (ILSB), effective today.

Bursa Malaysia Snaps Four-Day Winning Streak On Profit Taking

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia’s key index retreated four days of gains to close lower on Thursday, following profit-taking in selected heavyweight stocks and tracking regional and Wall Street losses.

Rubber Market Ends Mixed Amid Conflicting Price Factors

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- The Kuala Lumpur rubber market ended mixed for the second consecutive day today, with SMR 20 recording a sharp decline in line with weaker regional rubber futures markets.

Toluna Names Amy Fenton To Succeed Founder As CEO

KUALA LUMPUR, Oct 15 (Bernama) -- Toluna, a global leader in consumer insights and market research technology, has appointed Amy Fenton as Chief Executive Officer (CEO), succeeding founder Frédéric Charles Petit, who has led the company for 25 years.

Biokenaf Generates Over Rm50 Mln Sales, Creates Over 50 Job Opportunities

JELI, Oct 15 (Bernama) -- The commercialisation of BioKenaf products, developed through research at Universiti Malaysia Kelantan (UMK), has successfully generated over RM50 million in sales and created more than 50 job opportunities for the local population.

KUSKOP To Empower SMEs Through Global E-commerce Support

KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) will strengthen support for Malaysian small and medium enterprises (SMEs) to expand into global markets through e-commerce platforms, overseas regulatory guidance and product promotion.

Bursa Malaysia Ends Morning Session Lower On Continuous Profit-Taking

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia remained lower at midday due to continuous profit-taking after hitting a four-day high.

Bursa Malaysia Opens Lower, Tracking Wall Street Decline

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.

Businesses Must Account For Nature, Long-term Impact - WEF's Hoffmann

By Alyaa Natasha Azhar

KUALA LUMPUR, Oct 14 (Bernama) -- Businesses need to integrate nature into their business models and prioritise long-term societal impact over short-term financial returns to achieve sustainable prosperity, said World Economic Forum (WEF) board of trustees Co-Chair André Hoffmann.