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Market

Ringgit Opens Higher Against Major Currencies, Slightly Lower Vs US Dollar

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit opened higher against a basket of major currencies but slightly lower against the US dollar on Thursday, weighed by stronger-than-expected US economic data that supported the greenback.

KLCI Futures End Higher, Tracking Stronger Spot Market

KUALA LUMPUR, Sept 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Wednesday, tracking gains in the underlying spot market.

Corporate

Petronas Exploring Ways To Produce Cheaper Advanced Sustainable Fuel - Downstream CEO

KUALA LUMPUR, Sept 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) is exploring ways to make its advanced sustainable fuel (ASF) more economical while maintaining its performance, as development continues alongside changes to Formula One's (F1) power unit regulations.

KLIA To Welcome Three Or Four New Airlines By Year-end - MAHB MD

SEPANG, Sept 30 (Bernama) -- Kuala Lumpur International Airport (KLIA) is expected to welcome three or four new airlines by the end of this year, with discussions already at an advanced stage.

BNM Imposes Penalties On Three Companies For Non-compliance Amounting To RM40,400

KUALA LUMPUR, Sept 30 (Bernama) -- Bank Negara Malaysia (BNM) imposed administrative monetary penalties (AMPs) of RM22,000 on Wawasan Ilham (M) Sdn Bhd (WISB) and RM6,900 on SMJ Teratai Sdn Bhd for failing to comply with customer due diligence (CDD) requirements.