9h ago
KUALA LUMPUR, April 7 (Bernama) -- The recent spike in fuel costs due to the West Asia crisis is expected to be “neutral” for most utility players, given the established fuel-cost pass-through mechanisms, according to Kenanga Investment Bank Bhd (Kenanga IB).
9h ago
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.
21h ago
SHAH ALAM, April 6 (Bernama) -- The Malaysian Industry‑Government Group for High Technology (MIGHT) and Permodalan Negeri Selangor Berhad (PNSB) today inked a Memorandum of Collaboration (MoC) to further accelerate high‑tech industry development and attract strategic investments to Selangor.
22h ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower due to cautious sentiment as investors await upcoming palm oil production outlook data from the Malaysian Palm Oil Association.
1d ago
KUALA LUMPUR, April 6 (Bernama) -- Weststar Group is not affected by the West Asia crisis, having exited its offshore transportation operations in the region since late last year.
1d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 6 (Bernama) -- The ringgit closed marginally higher against the US dollar today as optimism over a potential West Asia ceasefire improved risk appetite.
1d ago
KUALA LUMPUR, April 6 (Bernama) -- AirAsia has not engaged in fuel hedging despite plans to do so, as rising oil prices and financial constraints hinder the airline’s ability to secure costs.
1d ago
KUALA LUMPUR, April 6 (Bernama) -- Net selling activities were broad-based among the eight Asian countries MBSB Investment Bank Bhd monitors, with Malaysia being the only market to receive net foreign inflows.
3d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.
3d ago
KUALA LUMPUR, April 3 (Bernama) -- The measures taken by the Ministry of Investment, Trade and Industry (MITI) regarding BYD’s proposed investment underscore a calibrated approach to balancing foreign direct investment in the electric vehicle (EV) manufacturing sector with national interests.
4d ago
KUALA LUMPUR, April 3 (Bernama) -- The ringgit rebounded to the 4.02 level against the US dollar at the close today, as the Iran-Oman energy transit talks eased concerns over supply disruptions.
4d ago
KUALA LUMPUR, April 3 (Bernama) -- Malaysian youths are redefining what work and enterprise can look like in the digital age through content creation, livestreaming, affiliate marketing and digital entrepreneurship on TikTok and TikTok Shop.