Malaysia To Propose US$500 Bln D-8 Trade Target To Cabinet - Ahmad Zahid

From Siti Nurhana Sharifah Mat Nazir

ISTANBUL, Nov 8 (Bernama) -- Malaysia will deliberate on the Developing Eight (D-8) Organisation for Economic Cooperation’s target to raise intra-member trade to over US$500 billion by 2030 before the matter is brought to the Cabinet.

From Motorcycle To Stall, Entrepreneur Carries On Father's Traditional Indian Food Legacy

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 8 (Bernama) -- What began as a small side business selling traditional Indian food has now become the main source of livelihood for Thirunavukkarasan Krishnana, 52, who took over the family business after his father suffered a stroke sometime in the 1990s.

MITI Imposes Anti-dumping Duties On Flat-rolled Imports From China, Taiwan, Vietnam

KUALA LUMPUR, Nov 7 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has imposed provisional anti-dumping duties ranging from 4.41 per cent to 35.06 per cent on imports of flat-rolled products from China, Taiwan and Vietnam, effective today.

Bursa Malaysia Expected To Trade Within 1,600-1,630 Range Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia is expected to trade within the 1,600-1,630 range next week, with selective accumulation likely to provide support at lower levels, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

Ringgit Expected To Trade With Slight Positive Bias Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit is expected to trade with a slight positive bias against the US dollar next week as investors assess the outlook for the United States interest rates.

CPO Futures Expected To Trade Cautiously Next Week Ahead Of MPOB Report

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as market players await the Malaysian Palm Oil Board’s (MPOB) October palm oil supply and demand report scheduled for release on Nov 10. 

Rubber Market Likely To Trend Lower Next Week Amid Oversupply

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- The Kuala Lumpur rubber market is expected to trade at a slower and weaker pace, with prices likely to trend lower amid oversupply and seasonally favourable weather conditions ahead of the monsoon.

Gold Futures Expected To Trade Lower Next Week Amid Volatility In Global Markets

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- Gold futures are expected to trade lower next week, amid continued volatility in global markets.

KLCI Futures Seen Trading With Upward Bias Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to trade steadily higher next week in tandem with the underlying cash market, where the benchmark index is seen moving within a range of 1,600 to 1,630 points. 

MISC-led Consortium Offers RM2.50 Per Share To Take Yinson Private In RM4.03 Bln Deal

KUALA LUMPUR, Nov 6 (Bernama) -- A consortium comprising MISC Bhd and Yinson Holdings Bhd’s (YHB) major shareholders Yinson Legacy Sdn Bhd (YLSB) and the Employees Provident Fund (EPF) have proposed to take YHB private in a deal valued at RM4.03 billion.

APB Resources To Dispose Of Menara APB For RM45 Mln

KUALA LUMPUR, Nov 6 (Bernama) -- APB Resources Bhd has proposed to dispose of Menara APB, a 16-storey office building in Shah Alam, Selangor to Darul Ehsan Investment Group Bhd (DEIGB) for RM45 million cash.

JETRO Seeks To Expand Market For Japanese Food Products In Johor

KUALA LUMPUR, Nov 6 (Bernama) -- The Japan External Trade Organisation (Jetro) Kuala Lumpur and Embassy of Japan in Malaysia will be holding the B2B Japanese Food Promotion Programme, in Johor, to promote the use of Japanese ingredients among food service operators in the state.