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Life insurance industry grows 14.19 pct in 2019

KUALA LUMPUR, March 16 -- The life insurance industry registered a 14.19 per cent increase in new business total premiums to RM11.8 billion last year as compared with RM10.3 billion in 2018, driven by an increase in awareness among consumers on the importance of life insurance protection.


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CPO futures close higher on strong demand

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 8 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives (BMD) closed higher above the key resistance level of RM4,000 today on the back of stronger demand, palm oil trader David Ng said.

Gold futures end higher with 11 lots traded

KUALA LUMPUR, Feb 8 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today with 11 lots traded.

Ringgit ends slightly higher versus greenback after less hawkish remarks by Fed chairman

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 8 -- The ringgit ended slightly higher against the US dollar today on higher oil prices and as more investors shifted their interest towards emerging currencies after less hawkish remarks on interest rates  from the US Federa Reserve (Fed) chairman, said an analyst. 

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Bank Negara Malaysia(BNM)
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100 Yen3.7752/7805
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Not sure
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