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Ringgit Strengthens 14.4 Pct vs USD In 3Q 2024; One Of The Best Performing Currencies Globally

October 9, 2024

KUALA LUMPUR, The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s

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MPOB, Sarawak M-FICORD To Hold Technology Transfer Programme On Oct 14

October 9, 2024

KUCHING, The Malaysian Palm Oil Board (MPOB), in collaboration with the Ministry of Food Industry, Commodity, and Regional Development Sarawak (M-FICORD), will hold the Sarawak Oil Palm Technology Transfer Programme (TOT Sarawak 2024) here on Oct 14….

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Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth

October 9, 2024

LABUAN, The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan’s financial sector.

Labuan International Business and Financial Centre (IBFC) chairman Datuk Iskandar Mohd Nuli sa…

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Increasing WPL Threshold Will Be A Boon For Plantation Sector

October 9, 2024

KUALA LUMPUR, CIMB Securities Sdn Bhd believes that raising the windfall profit levy (WPL) threshold to around RM4,500 per tonne would benefit the plantation sector, ahead of Budget 2025 which will be presented on Oct 18.

In a note

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Petron: No Disruption To Petroleum Products Supply Amid Refinery Maintenance

October 9, 2024

KUALA LUMPUR, Petron Malaysia Refining and Marketing Bhd’s (Petron Malaysia) refinery at Port Dickson, Negeri Sembilan, will undergo a maintenance shutdown for eight weeks to facilitate repairs to its furnaces.

Despite the shutdown, the oil company …

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