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KUALA LUMPUR: Malaysia's consumer price index fell 1.4% in September to 120.1 versus 121.8 in the same month of the preceding year due mainly to the downward pressure on fuel prices.
PETALING JAYA: The Malaysian Association of Hotels (MAH) is maintaining its average hotel occupancy rate target of 25% for this year, assuming that domestic demand can be sustained.
KUALA LUMPUR: The Consumer Price Index (CPI) for August fell by 1.4% from a year, mainly due to lower transport and fuel prices but food prices continued to increase.
KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd will open its branches nationwide on the upcoming weekends this month to offer its COVID-19 relief assistance programme.
KUALA LUMPUR: Petronas Chemicals Group Bhd and Germany’s PCC SE plant to build an oxyalkylates facility in the Kertih Integrated Petrochemical Complex, Terengganu to produce ethoxylates and polyether polyols.
VIZIONE Holdings Bhd has become the latest to join the rush onto the glovemaking bandwagon, after it recently announced a proposed deal to pay RM5mil cash for a 51% majority stake in glovemaker SSN Medical Products Sdn Bhd.
KUALA LUMPUR: Shares of Ipmuda Bhd surged 71% in early trade Monday after securing a RM78mil engineering, procurement, construction and commissioning (EPCC) contract from Coara Marang Sdn Bhd.
KUALA LUMPUR: Stocks to watch on Monday include AirAsia X Bhd (AAX), LBS Bina Group Bhd, Inix Technologies Holdings Bhd, Ipmuda Bhd, Fintec Global Bhd and Ageson Bhd, according to JF Apex Research.
KUALA TERENGGANU: The government is committed to ensuring that Petroliam Nasional Bhd (Petronas) is able to return to profitability, but it depends on world oil prices.