Trends - Malaysia - Business Recorder

Malaysia

Malaysia wants to further increase trade ties with Pakistan: High Commissioner

Chairman Founder Group, Mian Akram Farid said that the government was keen to promote industrialization for economic stability.

Published 24 Feb, 2021 07:11pm

World

Malaysia under fire after controversial Myanmar deportation

The migrants departed Tuesday on Myanmar navy ships from a Malaysian military base back to their homeland, just weeks after a coup.

Published 24 Feb, 2021 05:49pm

World

Malaysia deports over 1,000 Myanmar nationals, defying court order

LUMUT, (Malaysia): Malaysia on Tuesday deported more than 1,000 Myanmar detainees back to their strife-torn homeland...

Published 24 Feb, 2021 05:24am

World

Malaysian deports over 1,000 Myanmar nationals despite court order

Hours before the deportation, a Kuala Lumpur court ordered it should be temporarily halted to allow activists to present a legal challenge.

Published 23 Feb, 2021 04:45pm

Markets

Palm oil gains 2% as crude, soyoil rise

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange rose 74 ringgit, or 2.1%, to 3,618 ringgit ($895.32) a tonne during early trade.

Published 23 Feb, 2021 12:09pm

World

Malaysia faces calls to halt Myanmar deportations

The ships arrived at the weekend and docked at a naval base at Lumut, on Malaysia's west coast.

Published 22 Feb, 2021 05:47pm

Markets

Malaysia keeps March crude palm oil export tax at 8%

The world's second-largest palm exporter calculated a reference price of 3,977.36 ringgit per tonne for March.

Published 18 Feb, 2021 12:55pm

World

Former Malaysia first lady's graft trial to proceed

Najib, who is free on bail as he appeals his conviction, turned up at court to show support for his wife.

Published 18 Feb, 2021 09:56am

Business & Finance

Malaysian durian trade battered as lockdown bites

The trade in durians has exploded over the past decade, largely driven by China's growing appetite, with prices of the once cheap fruit selling for 60 ringgit ($14) or more a kilo.

Published 17 Feb, 2021 11:37am

World

Malaysia to get first batch of Pfizer-BioNTech COVID-19 vaccines on Feb. 21

A third and final phase will involve more than 16 million adults aged 18 and older, and will run from May to February next year.

Published 16 Feb, 2021 12:47pm

World

Malaysia to kick off COVID-19 vaccination drive next week

Malaysia's cabinet has also agreed to prepare a special injury scheme to compensate people who experience serious side-effects after receiving the vaccine, Khairy added.

Published 16 Feb, 2021 12:34pm

World

Malaysia's opposition leader challenges PM over parliament suspension

Anwar is seeking a judicial review of this advice and urging the court to rule it "unlawful and unconstitutional," said Ramkarpal.

Published 26 Jan, 2021 05:03pm

World

Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critics

KUALA LUMPUR: The world’s top producers of palm oil, Indonesia and Malaysia, are looking to join forces for the...

Published 25 Jan, 2021 04:23am

PIA's legal team to appear before UK court today

Federal Minister for Aviation Ghulam Sarwar Khan said PIA had failed to pay the lease of the aircraft that was held in Kuala Lumpur on time due to the coronavirus pandemic.

Updated 22 Jan, 2021 01:00pm

World

Malaysia expands lockdown measures to most states as virus spreads

Last week, capital Kuala Lumpur and six states went into a two-week lockdown.
Prime Minister Muhyiddin Yassin has said the lockdown measures were necessary as the healthcare system was at a breaking point.

Published 19 Jan, 2021 05:49pm

Stranded passengers return from Malaysia

ISLAMABAD: The Pakistan International Airline (PIA) managed to bring back Pakistani passengers from Malaysia after...

Published 18 Jan, 2021 04:10am

Pakistan

Stranded PIA passengers of seized plane to reach Pakistan tonight

Out of 172 passengers, 118 will reach Islamabad airport today at 11 pm via flight no EA-614. Meanwhile, 54 more passengers will be brought back via flight no QR-632 at 1:40 am.
The staff of the PIA is taking care of the stranded passengers in Dubai and Doha, said the spokespersons.

Updated 16 Jan, 2021 05:51pm

Pakistan

FO says passengers of PIA’s seized aircraft will be departing Kuala Lumpur tonight

"Our High Commission in Malaysia is in close contact with the relevant Malaysian authorities and Pakistan International Airlines to address the issue at the earliest," FO said.
The plane was held back by a local court in Malaysia as part of a legal dispute between the airline and another party.

Published 15 Jan, 2021 04:40pm

Pakistan

Malaysian authorities seize PIA's aircraft at Kuala Lumpur Airport as part of legal dispute

The national carrier said, “It is an unacceptable situation and PIA has engaged the support from Government of Pakistan to take up this matter using diplomatic channels.”
The PIA plane was seized on the orders of a local Malaysian court over the non-payment of aircraft lease dues.

Updated 15 Jan, 2021 04:24pm

Markets

Palm oil at two-week low as Malaysia maintains high export duty

Dalian's most-active soyoil contract and its palm oil contract fell 2.4%. Soyoil prices on the Chicago Board of Trade were down 0.3%.

Published 14 Jan, 2021 11:25am

World

Malaysia declares virus emergency and suspends parliament

A local election last year has been blamed for triggering a new wave of infections that spread nationwide.

Published 12 Jan, 2021 04:47pm

Markets

Malaysia stocks slump on COVID-19 curbs, Asian currencies range-bound

The rupiah is generally favoured by foreign investors seeking to tap Indonesia's high-yielding debt.

Published 12 Jan, 2021 12:39pm

World

Malaysia imposes virus curbs, warns hospitals at 'breaking point'

Malaysia has recorded over 138,000 infections and 555 deaths from Covid-19.

Published 11 Jan, 2021 04:40pm

Markets

Malaysia end-Dec palm oil stocks fall to 1.26mn tonnes

Crude palm oil production fell 10.6% from November to 1.33 million tonnes.

Published 11 Jan, 2021 11:00am

World

Malaysian villagers escape floods on excavator as 28,000 evacuated

This year's floods come against the backdrop of a worsening coronavirus outbreak, with some fearful they could be exposed to Covid-19 in crowded relief centres.

Published 06 Jan, 2021 05:28pm

Business & Finance

Malaysia's Petronas says Baram oil output to resume in Q3 after ship accident

"An investigation is ongoing and the Cendor terminal is currently on partial production mode," Petronas said, without providing a timeline for when the terminal can resume full output.

Published 05 Jan, 2021 10:50am

Business & Finance

Singapore and Malaysia scrap high speed railway after delays

He had estimated the railway would cost Malaysia around 110 billion ringgit ($27 billion) in 2018.

Published 01 Jan, 2021 11:26am

Markets

US bans palm oil imports from second Malaysian firm

Earlier this year, anti-trafficking group Liberty Shared had petitioned the CBP to ban imports from Sime Darby over concerns about labour abuse.

Published 31 Dec, 2020 09:33am

World

Malaysia buys AstraZeneca COVID-19 vaccines, seeks more from China, Russia

The government expects to receive the first batch of the Pfizer-BioNTech vaccine in February, he added. Malaysia was the first country in Southeast Asia to strike a deal with the US drugmaker.

Published 22 Dec, 2020 09:31am

Business & Finance

Tesco's Asia deal paves way for 5bn pound return to shareholders

The special dividend is expected to be paid around Feb. 26 2021, conditional on shareholder approval at a general meeting around Feb. 11.

Published 09 Dec, 2020 01:29pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	155.98
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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