FMM Urges Manufacturers To Build Digital Resilience In Light Of Microsoft Outage

KUALA LUMPUR, Nov 13 (Bernama) -- The Federation of Malaysian Manufacturing (FMM), pointing to the global disruption of Microsoft 365 services, has emphasised that digital transformation must be accompanied by digital resilience. 

CPO Futures Close Higher On El Nino-Driven Output Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Friday, supported by bullish price expectations shared by leading analysts at a palm oil conference in Indonesia this week, said a dealer.

Zetrix AI Currently Unable To Repay Sukuk Programme's RM2 Bln Outstanding Amount

KUALA LUMPUR, Nov 13 (Bernama) – Zetrix AI Bhd has confirmed that it is currently unable to repay the full RM2 billion outstanding amount under its sukuk wakalah programme.

Alliance Bank Offers Relief Assistance To Customers, Employees Affected By Floods

KUALA LUMPUR, Nov 13 (Bernama) -- Alliance Bank Malaysia Bhd is offering Flood Relief Assistance comprising options of a loan moratorium of up to six months, loan repayment modifications, and waivers of fees and charges for customers and businesses that have been affected by the flood situation.

Zetrix AI Proposes Ring-Fencing And Bullet Payments To Clear RTD Arrears

KUALA LUMPUR, Nov 13 (Bernama) -- Zetrix AI Bhd has proposed to ring-fence all future collections and to make multiple bullet payments over a short period of time to resolve the outstanding amounts owed to the Road Transport Department (RTD).

Higher Jet Fuel Prices May Become New Norm For Airlines - AAPA

KUALA LUMPUR, Nov 13 (Bernama) -- Higher jet fuel prices could become the new norm for the aviation industry as airlines grapple with a significantly higher operating cost environment, potentially leading to fare increases and fuel surcharges, said the Association of Asia Pacific Airlines (AAPA).

KLCI Futures Close Mostly Lower

KUALA LUMPUR, Nov 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended mostly lower on Friday.

Gold Futures Close Lower

KUALA LUMPUR, Nov 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday due to profit-taking activities, bucking the upward trend on the US Commodity Exchange (COMEX).

Ringgit Ends Mostly Higher Against Major Currencies, Eases Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit ended mostly higher against major currencies but eased against the US dollar on Friday as the greenback continued its upward momentum on a hawkish US interest rate outlook.

Selangor Govt Tables RM3.3 Bln State Budget For 2027

SHAH ALAM, Nov 13 (Bernama) -- The Selangor government today tabled its 2027 Budget amounting to RM3.3 billion to finance the state's administration and continue its development programmes next year.

Four ASEAN Central Banks Sign MoU On Local Currency Transaction Framework

KUALA LUMPUR, Nov 13 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI), the Bank of Thailand (BOT), and Bangko Sentral ng Pilipinas (BSP) today signed a memorandum of understanding (MoU) on cooperation under the Local Currency Transaction (LCT) Framework.

BCB Unit To Acquire Batu Pahat Golf Course Land For RM36.17 Mln

KUALA LUMPUR, Nov 13 (Bernama) – BCB Bhd’s wholly owned subsidiary, Banang Central Development Sdn Bhd, has entered into a sale and purchase agreement with Indah Corporation Bhd to acquire a freehold parcel in Batu Pahat, Johor for RM36.17 million.