KOTA KINABALU: Plans are in place to expand the potentially profitable kenaf industry in Sabah, says Deputy Plantation and Commodities Minister Datuk Chan Foong Hin. He said this to Deputy Chief Minister I Datuk Seri Dr Jeffrey Kitingan during a courtesy call here on Thursday (Sept 5). Chan’s delegation had briefed Kitingan, who is also the state...
KUALA LUMPUR: Bursa Malaysia Bhd recorded an improved financial performance in FY23 as operating revenue rose amid an increase in trading activity In the fourth quarter of the financial year ended Dec 31, 2023, the stock exchange operator registered a net profit of RM59.55mil as compared to RM49.01mil in the same quarter in 2022. The exchange's basic earnings per...
KUALA LUMPUR: The benchmark FBM KLCI is expected to extend its recent gains given the less hawkish meeting minutes released by the US Federal Reserve, with the lower liners also expected to tick midly higher due to calmer market conditions, said Apex Research. Overnight, US stock markets recovered from their intraday losses to extend their rebound...
KUALA LUMPUR: Investors on Bursa Malaysia continued to position themselves for the tabling of Budget 2024 on Friday amid a global market rally as recent comments from US Federal Reserve officials suggested fears of another rate hike were overdone. At 12.30pm, the benchmark FBM KLCI was up 9.05 points to 1,445.54 while the overall market was...
