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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit opened flat against the US dollar on Friday as external factors, including expectations of a restrictive US monetary policy, offset support from a weaker greenback.
KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, weighed down by weaker soybean oil on the Chicago Board of Trade (CBOT).
JOHOR BAHRU, Oct 15 (Bernama) – Two trade and business cooperation agreements exceeding US$234,000 (RM984,000) in value were signed between Malaysian and Indonesian business entities to open up new market and investment opportunities in both countries.
KUALA LUMPUR, Oct 15 (Bernama) -- Selangor state-owned conglomerate, Worldwide Holdings Bhd is positioning itself to develop Malaysia’s first nuclear power plant, aiming to be ready to make a final investment decision (FID) by 2031.
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 15 (Bernama) -- The Kuala Lumpur rubber market ended mixed for the second consecutive day today, with SMR 20 recording a sharp decline in line with weaker regional rubber futures markets.
KUALA LUMPUR, Oct 15 (Bernama) -- Global reliance on imported energy is projected to peak by 2034 as energy security concerns accelerate the shift towards electrification, amid growing disruption to global fuel supplies, according to Rystad Energy.
JELI, Oct 15 (Bernama) -- Malaysia is targeting the African market as a new destination to expand the country's commodity exports, with Kenya serving as the main gateway under a trade mission planned by the Ministry of Plantation and Commodities.
JELI, Oct 15 (Bernama) -- The commercialisation of BioKenaf products, developed through research at Universiti Malaysia Kelantan (UMK), has successfully generated over RM50 million in sales and created more than 50 job opportunities for the local population.
KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher for the third consecutive day on Wednesday, supported by stronger October export demand.
KUALA LUMPUR, Oct 14 (Bernama) -- The government has introduced targeted subsidies and made essential goods available at affordable prices through the Jualan Rahmah programme to cushion the impact of external risks on the people.
