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Bursa Malaysia To Remain Cautious Next Week On Ongoing West Asia Conflict

By Karina Imran

KUALA LUMPUR, April 4 (Bernama) -- Trading on Bursa Malaysia is expected to remain cautious and range-bound next week, as the local bourse continues to be confined within the 1,680–1,740 range driven by the West Asia conflict, said an economist. 

PTT Synergy Unit Inks Asrs Deal, Secures RM31.68 Mln Contract From Sime Darby Property

KUALA LUMPUR, April 3 (Bernama) -- PTT Synergy Group Bhd’s indirect 70 per cent-owned subsidiary, PTT Robotics Sdn Bhd (PTTR), has entered into a warehouse automation system agreement with Sime Darby Property Bhd and Mydin Mohamed Holdings Bhd.

Bursa Malaysia Ends Slightly Lower Amid Cautious Sentiment On West Asia Conflict

KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.

Malaysia Records Sales Of Over RM200 Mln At China Food And Drinks Fair

KUALA LUMPUR, April 3 (Bernama) -- Malaysia secured sales of more than RM200 million at the 114th China Food and Drinks Fair (CFDF) last month through the participation of the Malaysia External Trade Development Corporation (MATRADE) in collaboration with Messe Worldwide Sdn Bhd.

LIAM Appoints Pauline Teoh As New President

KUALA LUMPUR, April 3 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has appointed Zurich Life Insurance Malaysia Bhd chief executive officer (CEO), Pauline Teoh, as its new president.

MAG To Expand Mainline Fleet To 116 Aircraft, Serving 106 Destinations By 2035

KUALA LUMPUR, April 3 (Bernama) -- Malaysia Aviation Group (MAG) plans to expand its mainline fleet to 116 aircraft, serving 106 destinations by 2035, said its president and group chief executive officer (CEO), Captain Nasaruddin A Bakar.

Gradiant Wins Contract For AI Data Centre Water Facility In UK

KUALA LUMPUR, April 3 (Bernama) -- Gradiant, a global leader in advanced water and wastewater solutions, has secured a contract to design and deliver a water treatment facility for a hyperscale data centre in Didcot, Oxfordshire, in the United Kingdom (UK).

AM Best Affirms CMB Wing Lung Insurance Ratings With Stable Outlook

KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.

GoRental Eyes Malaysia Expansion After Goimpact Shows Energy Resilience In Thailand

CHIANG MAI, April 3 (Bernama) -- Singapore-based clean energy solutions provider GoRental Global is positioning Malaysia as a key market for its regional expansion as it scales up its GoImpact initiative to deliver decentralised energy solutions to underserved communities.

Ringgit Opens Higher Against US Dollar On Softer NFP View

By Zufazlin Baharuddin

KUALA LUMPUR, April 3 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Friday, as markets positioned for a softer US non-farm payrolls (NFP) reading, weighing on the greenback and lending support to regional currencies.

Malaysia Should Bolster Japan Ties To Stay Competitive Globally

KUALA LUMPUR, April 2 (Bernama) -- Malaysia needs to enhance its relations with Japan as a weapon to boost competitiveness in the global market and increase investment in high-end niche technology industries, said key speakers at the New Japan-Malaysia Industrial Cooperation Seminar.

Sunway Eyes Joint Procurement After IJM Takeover, Says President

KUALA LUMPUR, April 2 (Bernama) -- Sunway Bhd plans to implement joint procurement in construction as part of its short-term strategy within nine months of acquiring IJM Corp Bhd.