Favelle Favco Secures RM131.7 Mln In Crane Supply Contracts

KUALA LUMPUR, Sept 8 (Bernama) -- Favelle Favco Bhd (FFB) has secured purchase orders worth a combined RM131.7 million from four clients to supply tower and offshore cranes.

Ringgit Ends Lower As Oil Prices Rise, Fed Decision Looms

By Karina Imran

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday, weighed by higher crude oil prices and cautious sentiment ahead of the US Federal Reserve’s (Fed) next policy decision, an analyst said.

Oil Price Seen At US$95-US$110 On Sustained Hormuz Impairment, Refinery Outage And Inventory Draws

By Nor Baizura Basri

KUALA LUMPUR, Sept 8 (Bernama) -- Global oil prices are expected to range between US$95 and US$110 per barrel following a core risk-adjusted price regime due to sustained Hormuz impairment, additional refinery outages and accelerating inventory draws, says an economist.

Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.

Industries Need Innovation, Energy Efficiency To Stay Competitive - ABB

GEORGE TOWN, Sept 8 (Bernama) -- Industries must improve productivity, optimise energy consumption, enhance operational reliability and accelerate their sustainability journey to remain competitive amid rising costs and rapid technological changes.

Rubber Market End Higher

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 8 (Bernama) -- The rubber market ended higher today, with Standard Malaysian Rubber 20 (SMR 20) reaching a new high for 2026 and its highest level since Feb 15, 2017, supported by gains in regional futures and firmer crude oil prices.

East Coast Poised To Become Food Security Hub, Green Economy Leader - MIDA

KUANTAN, Sept 8 (Bernama) -- Malaysia’s East Coast region has strong potential to become a key hub for national food security and a leading centre for the green economy through greater investment in renewable energy. 

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia ended lower at the midday break amid persistent profit-taking and weaker risk appetite, while the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to face further volatility due to heightened external and domestic headwinds.

Govt Studying Ways To Boost Smallholder Income, Ensure Agri-Commodity Drives Growth - PM Anwar

PUTRAJAYA, Sept 8 (Bernama) -- The government is studying ways to increase the income of smallholders and ensure the agri-commodity sector continues to drive the country’s economic growth, said Prime Minister Datuk Seri Anwar Ibrahim.

Smallholder Support Key To Strengthening Agri-Commodity Value Chain -- Noraini

PUTRAJAYA, Sept 8 (Bernama) -- Support for smallholders must progress in tandem with efforts to strengthen the entire agri-commodity value chain to ensure that industry growth also benefits these groups, said Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad. 

Ringgit Opens Almost Flat Vs Greenback Amid Ongoing West Asia Conflict

KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit was almost flat against the US dollar at Tuesday’s open, as investors remained cautious amid the ongoing West Asia conflict, which continued to drive crude oil prices higher and support the greenback.

CPO Futures End Higher On Firmer Crude Oil, DCE Palm Olein Gains

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday, supported by stronger crude oil prices and gains in palm olein futures on China's Dalian Commodity Exchange (DCE).