CPO Futures Close Lower On Concerns Over Higher Palm Oil Stocks

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, pressured by concerns over elevated Malaysian palm oil inventories.

Aneka Jaringan Unit Bags RM53.35 Mln Bored Piling Contract

KUALA LUMPUR, Oct 26 (Bernama) -- Aneka Jaringan Holdings Bhd’s wholly-owned subsidiary, Aneka Jaringan Sdn Bhd (AJSB), has accepted a letter of award (LoA) worth RM53.35 million for bored piling works at Rio City Town Centre, Puchong, Selangor.

Gold Futures End Lower Amid Selling In Materials, Mining Stocks

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday due to significant selling in materials stocks and gold-mining shares, an analyst said.

TeleChoice Unit Clinches S$1.3 Bln Contract Renewal From U Mobile

KUALA LUMPUR, Oct 26 (Bernama) -- Singapore Exchange Mainboard-listed TeleChoice International Ltd’s unit Planet Telecoms Managed Services Sdn Bhd (PTMS) will continue providing end-to-end supply chain services to U Mobile Sdn Bhd after renewing a contract valued at an estimated S$1.3 billion (S$1=RM3.19).

KLCI Futures Close Lower, Tracking Weaker Cash Market

KUALA LUMPUR, Oct 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Monday, tracking the weaker cash market performance. 

GDB Unit Secures RM1.017 Bln Contract From Perdana ParkCity

KUALA LUMPUR, Oct 26 (Bernama) -- GDB Holdings Bhd’s wholly-owned subsidiary Grand Dynamic Builders Sdn Bhd has secured a RM1.017 billion contract from Perdana ParkCity Sdn Bhd to undertake building works for ParkCity Residences in Desa ParkCity.

Pansar Unit Secures RM170.86 Mln Subcontract For Samalaju Water Infrastructure Project

KUALA LUMPUR, Oct 26 (Bernama) -- Pansar Bhd’s wholly-owned subsidiary, Perbena Emas Sdn Bhd, has accepted a letter of acceptance from KKB Engineering Bhd for civil and structural subcontract works worth RM170.86 million. 

New Financial Sector Blueprint Eyes Bigger Role For Islamic Finance In Malaysia’s Economic Transformation -- BNM Governor

By M.Saraswathi & Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- Bank Negara Malaysia (BNM) wants Islamic financial institutions to play a greater role in financing the country's next phase of economic transformation, an aspiration that would be reflected in the financial sector blueprint planned in 2027.

Brent Crude Oil Rises To US$117 Per Barrel On Intensifying Houthi Attacks, Shipping Disruptions

KUALA LUMPUR, Oct 26 (Bernama) -- Brent crude oil prices have risen to US$117 (US$1=RM4.08) per barrel, driven by intensifying Houthi attacks on Saudi infrastructure and slower flows through the Strait of Hormuz, according to Rystad Energy.

Malaysia To Benefit From Cross-border Power Project - Fadillah

SINGAPORE, Oct 26 (Bernama) -- Malaysia stands to benefit from a cross-border electricity project involving Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB) through local contractor participation, engineering expertise and the development of renewable energy certificate mechanisms, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Oct 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives traded lower in the early session today.  

Islamic Finance Has Evolved through Innovation With Purpose To Drive Economic, Social Impact – BNM Governor

By M.Saraswathi and Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia’s Islamic finance industry is evolving beyond traditional banking to play a wider role in people’s lives and the economy, from helping microentrepreneurs build sustainable businesses to enabling small and medium enterprises (SMEs) to enter global markets.