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Malaysia Maintains Good Ties With US, China To Safeguard Economic Interests -- PM Anwar

KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia will continue to maintain good relations with foreign countries, including the United States (US) and China, which are among the country's largest investors and trading partners, said Prime Minister Datuk Seri Anwar Ibrahim today.

Palm Oil Industry Urged To Review China's Edible Oil Contaminant Control Standards

KUALA LUMPUR, Nov 14 (Bernama) -- Palm oil industry players are advised to review China's edible oil contaminant control standards following their implementation in September, according to the Malaysian Palm Oil Board (MPOB).

Indonesia Hopes For Daily AirBorneo Jakarta-Kuching Flights, Wider Connectivity

By Nik Nurfaqih Nik Wil

JAKARTA, Nov 14 (Bernama) -- Indonesia hopes Sarawak-owned AirBorneo Airways will eventually increase its Jakarta-Kuching flights to a daily service and expand connectivity to other Indonesian destinations, as tourism exchanges between the two neighbouring countries continue to grow.

CPO Futures Set To See Profit-Taking Next Week Amid High Stockpiles

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to witness profit-taking next week amid elevated stock levels, said a trader.

Gold Futures Likely To Ease Next Week On US Rate Hike Expectations

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade lower next week as expectations of further interest rate hikes by the US Federal Reserve (Fed) continue to support the US dollar.

Ringgit Seen Remaining Soft Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit is expected to remain soft against the US dollar next week as the greenback remains well supported by expectations of further interest rate hikes by the US Federal Reserve (Fed).

Rubber Market Seen Trading Sideways Next Week Amid El Nino-Related Supply Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 14 (Bernama) -- The Kuala Lumpur rubber market is expected to trade sideways in the week ahead as the El Nino weather phenomenon could disrupt supply in major producing countries, according to an industry association.

Bursa Malaysia Seen To Consolidate Next Week As Bargain Hunting Emerges

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 14 (Bernama) -- Bargain hunting is expected to emerge gradually on Bursa Malaysia next week as valuations become more attractive following a recent decline, according to Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

KLCI Futures Expected To Track Cash Market Recovery Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to track the underlying cash market, with a continued recovery anticipated next week.

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.