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Tanco's Unit Appoints Hong Kong Firm To Operate Smart AI Container Port In Port Dickson

KUALA LUMPUR, Dec 26 (Bernama) -- Tanco Holdings Bhd’s 79 per cent-owned subsidiary, Midports Holdings Sdn Bhd (MHSB), has appointed Hong Kong-based Ocean Bridge International Ports Management Co Ltd (OBIPM) as the operator of the smart artificial intelligence (AI) container port project in Port Dickson.

Bursa Malaysia Recoups Most Losses, Ends Softer Amid Profit-taking

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia’s key index recovered much of its earlier losses to end the week slightly lower amid profit-taking, snapping a five-day winning streak.

Bursa Malaysia Weaker At Midday Amid Thin Holiday Trading

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia extended its downtrend to end the morning session lower at midday, weighed by continued profit-taking amid thin holiday trading and mixed regional sentiment.

Bursa Malaysia Opens Lower On Profit-taking

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia retreated from its previous gains to open lower on Friday as investors engaged in profit-taking in selected heavyweight stocks.

Ringgit Extends Rally, Reaches Another Five-year High

KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit extended its rally on Friday, opening higher to reach another five-year high against the US dollar amid a holiday-shortened trading week.

Gold Holds Value, Serves As Household Economic Shield

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 25 (Bernama) -- For most Malaysian households, surging global gold prices are more than a tale of market speculation. They act as a financial safeguard, as the value of jewellery and accumulated gold holdings rises, easing household pressures and strengthening family resilience amid the rising cost of living.

MARC Ratings Affirms AAA Sovereign Rating For Malaysia

KUALA LUMPUR, Dec 24 (Bernama) -- MARC Ratings has affirmed its unsolicited public information sovereign rating on Malaysia at AAA with a stable outlook based on the credit rating agency’s national rating scale.

Christmas Comes Early As Bursa Malaysia Ends At Nearly 16-Month High

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia closed at a nearly 16-month high on Christmas Eve, extending its gains for a fifth consecutive session amid steady market participation and improving domestic sentiment.

Window Dressing Lifts FBM KLCI To Over 15-month High At Midday

KUALA LUMPUR, Dec 24 (Bernama) -- Year-end window dressing continued to support Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), keeping the index above a 15-month high at midday.

Comprehensive Policy Needed To Uplift Labuan Economy, Says Academic

LABUAN, Dec 24 (Bernama) -- A comprehensive and forward-looking policy framework is needed to revitalise Labuan’s economy that will fully leverage its strategic location, federal territory status and established offshore financial ecosystem, said an academic.

FBM KLCI Opens Lower On Mild Profit-taking

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Wednesday as mild profit-taking emerged following its recent rally, with trading activity typically softening during the holiday week.

Data Protection Critical For Govt, Businesses And People - Fahmi 

KUALA LUMPUR, Dec 24 (Bernama) -- Data protection is vital and will become increasingly important in the years ahead as transactions become more digital and interconnected, Communications Minister Datuk Fahmi Fadzil said.