Labuan IBFC Jumps 11 Places To 44th In Global Financial Centres Index

By Jailani Hasan

LABUAN, Sept 22 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) has climbed 11 places to 44th globally in the latest Global Financial Centres Index 40 (GFCI 40), strengthening its standing among the world’s leading financial centres.

SC Explores Taskforce To Strengthen Company Secretaries’ Competency, Accountability

KUALA LUMPUR, Sept 22 (Bernama) -- The Securities Commission (SC) is exploring the establishment of a multi-stakeholder task force, involving regulators and professional bodies, to strengthen the competency and professionalism of company secretaries in Malaysian-listed companies.

EUDR Framework Finalisation To Have Minimal Impact On Oil Palm Planters - HLIB

KUALA LUMPUR, Sept 22 (Bernama) -- The finalisation of the European Union (EU) Deforestation Regulation (EUDR) framework provides greater clarity on its implementation, ahead of the regulation’s enforcement end-December 2026, and has a much smaller impact on oil palm plantation companies.

Malaysia’s Palm Oil Exports Seen Stable At 16 Mln Tonnes In 2027 -- MPOC

KUALA LUMPUR, Sept 22 (Bernama) – The Malaysian Palm Oil Council (MPOC) foresees Malaysia's palm oil exports remaining stable at around 16 million tonnes in 2027, with the country expected to play an increasingly important role in supplying palm oil to global consumers.

Chery Auto’s LEPAS To Highlight Elegance In Daily Life At October Event

KUALA LUMPUR, Sept 22 (Bernama) -- LEPAS, the premium new energy vehicle (NEV) brand of Chery Auto, is set to launch its first LEPAS Global Elegant Lifestyle Week this October.

Former Colombian President Named Chair Of ICC And Carbon Measures Advisory Group

KUALA LUMPUR, Sept 22 (Bernama) -- The International Chamber of Commerce (ICC) and Carbon Measures announced that Colombia’s former President, Iván Duque Márquez, has been named Chair of the newly created Technical Expert Panel (TEP) Advisory Group, established to complement the work of the TEP on Carbon Accounting.

Bursa Malaysia Opens Higher On Bargain Hunting, Retreats Thereafter

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia opened higher on Tuesday but retreated thereafter,  supported by bargain hunting as easing tensions in West Asia helped lift sentiment and pushed Brent crude oil prices lower.

Ringgit Opens Higher Against US Dollar, Major Currencies On Improved Sentiment

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, supported by improved market sentiment amid easing global oil prices and geopolitical developments.

CPO Futures End Lower Tracking Weaker Soybean Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, tracking weaker soybean oil futures on the Chicago Mercantile Exchange (CME).

Dialog Secures Development Approval From Petronas For Raja Cluster Small Field Asset

KUALA LUMPUR, Sept 21 (Bernama) -- Dialog Group Bhd today has reached a final investment decision (FID) amounting to US$81 million and secured approval for the field development and abandonment plan (FDAP) for the RAJA Cluster Small Field Asset from Petroliam Nasional Bhd (Petronas).

Gold Futures Close Lower On US Interest Rate Uncertainty

By K. Naveen Prabu

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower on Monday as uncertainty over the US Federal Reserve's (Fed) interest rate outlook weighed on the precious metal.

Pekat Group Unit Signs RM54.5 Mln Conditional Land Lease For RE Activities

KUALA LUMPUR, Sept 21 (Bernama) -- Pekat Group Bhd’s wholly-owned subsidiary, Pekat Teknologi Sdn Bhd (PTSB), has entered into a conditional agreement to lease 190.20 hectares of land in Mukim Sungai Petani, Kedah, for an aggregate rental estimated at RM54.5 million over a 24-year lease term.