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CPO Futures Close Mixed On Inventory Concerns, Sluggish Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mixed on Monday, as concerns over rising inventories and sluggish demand were partly offset by support from rival vegetable oils and crude oil prices.

MDSIDA Urges Direct Selling Industry To Embrace Technology, Drive Growth

KUALA LUMPUR, Sept 28 (Bernama) – The Malaysian Direct Selling Industry Development Association (MDSIDA) urges industry players to embrace technological transformation, including artificial intelligence (AI), to drive growth while maintaining ethical and compliance standards.

Budget 2027: Association Calls For Greater Govt Support To Drive Direct Selling Industry

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Direct Selling Industry Development Association (MDSIDA) has called for greater government allocations and initiatives to develop the direct selling industry in Malaysia in Budget 2027.

Budget 2027: Perak Hopes For Funding For Water Transfer Project, School Infrastructure

IPOH, Sept 28 (Bernama) -- The Perak government hopes Budget 2027 will give due consideration to its request for funding for a water transfer project from the Perak River to Bukit Merah Lake, so that it can be implemented by next year.

Gold Futures End Lower On Higher US Real Yields

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday, tracking a sharp decline in global gold prices as higher US real yields weighed on the precious metal.

New Automotive Investors Could Replace BYD In Tanjong Malim - Perak MB

IPOH, Sept 28 (Bernama) -- Perak has confirmed that several automotive companies are interested in investing in KLK TechPark in Tanjong Malim, potentially replacing Chinese electric vehicle (EV) maker BYD Company Ltd, which previously withdrew from the project.

PM Anwar Urges Malaysian Companies To Expand In Saudi Arabia

KUALA LUMPUR, Sept 28 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged more Malaysian companies to expand their presence in Saudi Arabia and pursue collaborations that benefit both countries.

Malaysia Entering More Supportive Water Investment Cycle -- CIMB Securities

KUALA LUMPUR, Sept 28 (Bernama) -- Malaysia is entering a more supportive water investment cycle as ageing infrastructure, high water losses and rising industrial and data centre demand, as well as greater climate variability are increasing the urgency to improve water efficiency, reliability, and resilience.

Willowglen MSC Secures RM108 Mln Contract

KUALA LUMPUR, Sept 28 (Bernama) -- Willowglen MSC Bhd's wholly owned subsidiary, Willowglen Services Pte Ltd (WSPL), has been awarded a contract valued at about RM108 million for the supply, installation, testing and commissioning of electrical, security and monitoring systems.

A​​​​yer Holdings Unit Proposes To Acquire Two Land Parcels In Kuala Lumpur For RM138 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Ayer Holdings Bhd’s wholly owned subsidiary Kuchai Urban Development Sdn Bhd planned to acquire two parcels of land located along Jalan Kuchai Lama, Kuchai Lama from Bukit Cemerlang Sdn Bhd for RM138 million.

Sunsuria Unit To Sell Dengkil Land for RM316.84 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Sunsuria Bhd’s 99.99 per cent-owned subsidiary, Sunsuria City Sdn Bhd, has entered into a sale and purchase agreement (SPA) with Amazon Data Services Malaysia Sdn Bhd to dispose of a parcel of land in Dengkil, Selangor, for approximately RM316.84 million in cash.

Ringgit Ends Lower Against US Dollar On Hawkish Fed Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit ended lower against the US dollar on Monday, weighed down by continued hawkish sentiment surrounding US interest rates.