CPO Price Outlook For 2026-2027 Raised On Rising Supply Risks - CIMB Securities

KUALA LUMPUR, Aug 11 (Bernama) -- CIMB Securities Sdn Bhd has raised 2026 and 2027 crude palm oil (CPO) price forecasts by RM50 per tonne to RM4,450 per tonne and RM4,550 per tonne, respectively, on rising supply risks.

Bursa Malaysia Opens Higher On Bargain Hunting

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia opened higher on bargain hunting after a recent slip, despite the cue from negative Wall Street.

FBM KLCI Futures Almost Flat In Early Trade

KUALA LUMPUR, Aug 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened almost flat in early trade on Tuesday. 

Ringgit Opens Mixed Against Major Currencies As US Dollar Gains

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened mixed against a basket of major currencies on Tuesday, while the US dollar strengthened amid elevated crude oil prices following the reopening of the Strait of Hormuz.

TH RCI: Debate Should Focus On Ending Political Interference, Says Academic

KUALA LUMPUR, Aug 10 (Bernama) -- Tomorrow's parliamentary debate on the Royal Commission of Inquiry (RCI) report on Lembaga Tabung Haji (TH) should focus on ensuring there is no political involvement or interference in the institution's administration, a business academic said.

Quarterly Performance Disclosure Could Boost Confidence In Tabung Haji

KUALA LUMPUR, Aug 10 (Bernama) -- Tabung Haji (TH) should announce its financial and investment performance on a quarterly basis -- as practised by the Employees Provident Fund (EPF) -- as a measure to strengthen transparency and boost depositor confidence.

CPO Futures End Higher On Strong Export Demand

By K. Naveen Prabu

KUALA LUMPUR, Aug 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, supported by healthy overseas demand for Malaysian palm oil.

MCT SEA Opens New Pathway For Mal Malaysia Champions To M8

KUALA LUMPUR, Aug 10 (Bernama) -- The champions of the Mobile Legends: Bang Bang (MLBB) Academy League (MAL) Malaysia will have a new pathway to the M8 World Championship following the introduction of the MLBB Championship Tour Southeast Asia (MCT SEA) in the fourth quarter of this year.

Gold Futures Climb as Fed Rate Hike Expectations Ease

KUALA LUMPUR, Aug 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher as reduced expectations of a US Federal Reserve (Fed) rate hike boosted demand for the precious metal.

MN Holdings' JV Clinches RM122.31 Mln Works Contract From TNB

KUALA LUMPUR, Aug 10 (Bernama) -- Infrastructure utilities construction and engineering services provider MN Holdings Bhd’s wholly owned subsidiary MN Utilities Engineering Sdn Bhd has clinched a works contract from Tenaga Nasional Bhd (TNB) worth RM122.31 million.

Inta Bina Bags RM115.65 Mln Construction Contract From Sime Darby Property

KUALA LUMPUR, Aug 10 (Bernama) -- Inta Bina Group Bhd’s wholly-owned subsidiary, Inta Bina Sdn Bhd, has secured a main building works contract worth RM115.65 million from Sime Darby Property (KL East) Sdn Bhd.

Ringgit Steady Vs US Dollar as Investors Await Key US Data

KUALA LUMPUR, Aug 10 (Bernama) -- The ringgit held steady against the US dollar at the close today as the United States’ (US) weak job numbers weighed on the greenback’s performance.