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Rakuten: FBM KLCI to rebound to 1,800 by 2020
PETALING JAYA: Rakuten Trade Sdn Bhd, an online equity broker stated that FTSE Bursa Malaysia KLCI (FBM KLCI) to close at 1,630 by the end of this year. Speaking to reporters here today on the 2019 Market Outlook today, Head
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Oil rises on hopes for OPEC supply curbs, optimism on US-China trade deal
Oil prices posted early gains as OPEC’s outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month. Optimism that
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FAA downgrade may affect Malaysia Airlines’ codeshare deals
KUALA LUMPUR: Malaysian carriers, including Malaysia Airlines, will have their operations and codeshares to and from the United States (US) limited to the existing levels following the US Federal Aviation Administration’s (FAA) downgrade of the Civil Aviation Authority of Malaysia’s
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Economist: M’sia remains attractive to global investors
KUALA LUMPUR: Malaysia will continue to be on the global investors’ radar due to its solid economic position and its importance in the Belt and Road Initiative (BRI), said IQI Global chief economist Shan Saeed. There have been lots of
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Malaysia’s labour force rate soars to 68.7%
KUALA LUMPUR: The labour force participation rate in Malaysia for the month of September this year increased 0.1 percentage point to 68.7% as compared to the previous months, said the Department of Statistics Malaysia. It also saw an increase of
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Former top judge appointed Prasarana chairman
KUALA LUMPUR: Former Chief Judge of Malaya, Tan Sri Zaharah Ibrahim has been appointed chairman of government-linked, public transport owner and operator, Prasarana Group, effective today. In a statement, Prasarana said Zaharah is filling the vacancy left by Tan Sri
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Business council to enhance trade ties between Msia, Nigeria
PUCHONG: With the official registration of the Malaysia Nigeria Business Council (MNBC), the business council now embarks on its mission to strengthen and enhance trade ties between Malaysia and Nigeria. Speaking at a press conference after the official handover of
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Md Agil is Affin Bank’s new chairman
KUALA LUMPUR: Affin Bank Bhd has appointed experienced banker Datuk Md Agil Mohd Natt as chairman effective Nov 8. The bank said he possesses in-depth banking knowledge, strong leadership capability and vast experience in corporate banking, investment banking as well
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Malaysia´s trade surplus soar by 15.3%
KUALA LUMPUR: Malaysia’s trade surplus in the first nine months of 2019 widened by 15.3% to RM100.86 billion, compared with RM87.47 billion registered in the same period last year. This was the largest January-September trade surplus recorded during the last
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Restriction on palm oil- related products may impact Malaysia’s export to India
KUALA LUMPUR: Malaysia’s current healthy export momentum to India may be significantly dampened, if there are restrictions against the import of palm oil-related products by that country, according to Ram Ratings. This is because palm oil is the biggest contributor
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