KUALA LUMPUR, April 14 (Bernama) -- AMS Advanced Material Bhd’s initial public offering (IPO) has been oversubscribed by 9.03 times, ahead of its listing on the ACE Market of Bursa Malaysia.
KUALA LUMPUR, April 14 (Bernama) -- MBSB Investment Bank Bhd expects benchmark Brent crude oil and crude palm oil (CPO) prices to remain above support levels and potentially re-test resistance at US$114 per barrel and RM4,890 per tonne, respectively, in the near term.
By Siti Radziah Hamzah
KUALA LUMPUR, April 13 (Bernama) -- Malaysia and Thailand have adopted fundamentally different approaches to fuel subsidies, reflecting distinct policy priorities and strategies for managing consumer usage, as both countries strive to balance economic stability with social welfare.
KUALA LUMPUR, April 12 (Bernama) -- Malaysia’s bond market continued to demonstrate resilience amid global volatility, supported by a strengthening ringgit and sustained foreign inflows, according to CIMB Treasury and Markets Research.
By Siti Radziah Hamzah
KUALA LUMPUR, April 11 (Bernama) -- Bursa Malaysia’s benchmark index is likely to break above the 1,700 psychological level in the coming week on firmer sentiment, alongside oil price stabilisation, supportive external momentum and easing volatility, and a turn in foreign fund flows, said an analyst.
KUALA LUMPUR, April 10 (Bernama) -- The government has issued a warning to corporates and industries that are supposed to purchase fuel directly from oil companies at market prices but are instead discreetly buying at pump prices.
KUALA LUMPUR, April 10 (Bernama) -- Data has emerged as a critical driver of economic growth and national competitiveness, with Malaysia’s ability to manage and leverage it effectively expected to determine its position in the global digital economy.
KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
KUALA LUMPUR, April 8 (Bernama) -- Malaysia’s Islamic banking industry remains resilient, supported by strong capital and liquidity positions, amid uncertainties in West Asia, said the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM).
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.
BANGI, April 7 (Bernama) -- Malaysia’s strong economic fundamentals have enabled the country to face and weather global uncertainties, including protracted conflicts in West Asia, said Ambank Group chief economist Firdaos Rosli.
KUALA LUMPUR, April 7 (Bernama) -- Sunway Bhd expressed appreciation to stakeholders after its conditional voluntary takeover offer for IJM Corporation Bhd lapsed, having failed to secure the required level of acceptances.
