LATEST NEWS   AXIS REIT targets total acquisition value of RM300 million this year - CEO | The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar - AmBank chief economist | BNM will maintain its accommodative stance and keep the OPR steady through at least 1H2025 - AmBank chief economist | Malaysia’s GDP growth is expected to moderate to 4.6 pct in 2025, supported by infrastructure projects, private investment realisations and strong private consumption - AmBank chief economist | The KLIA aerotrain is set to resume in Q2, with no impact on Malaysia's ASEAN chairmanship - MAHB Managing Director | 

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MRCB Unit In JV To Build 300-bed Hospital In Melaka

KUALA LUMPUR, Jan 24 (Bernama) -- Malaysian Resources Corporation Bhd’s (MRCB) unit, MRCB Land Sdn Bhd, is involved in a joint venture to construct a hospital in Melaka.

U Mobile To Accelerate Store Expansions Nationwide

SUBANG JAYA, Jan 24 (Bernama) -- U Mobile Sdn Bhd, Malaysia's second 5G network operator, plans to double its number of stores nationwide within the next two years.

Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

AmBank: Malaysia's GDP Growth To Moderate To 4.6 Pct In 2025

KUALA LUMPUR, Jan 24 (Bernama) -- AmBank Group projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.6 per cent in 2025 compared to the estimated 5.0 per cent in 2024. 

Bursa Malaysia Stays In The Red At Midday On Profit-taking Activities

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia remained in the red at midday on continuous profit-taking activities after the recent rally, with the main index losses dragged by YTL counters.

Petronas Transfers Kebabangan Cluster PSC Sole Operatorship To ConocoPhillips

KUALA LUMPUR, Jan 24 (Bernama) -- Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd, a subsidiary of the global energy company ConocoPhillips.

Kuaishou Launches Kling AI's “Multi-Image Reference” Feature For AI Video Consistency

KUALA LUMPUR, Jan 24 (Bernama) -- Kuaishou Technology (Kuaishou), a content community and social platform, has announced the global launch of Kling AI’s “multi-image reference” feature, which aims to resolve a key challenge in artificial intelligence (AI) video generation—maintaining visual consistency.

Gradiant, GF Piping Systems Team Up To Advance Global Water Treatment Solutions

KUALA LUMPUR, Jan 24 (Bernama) -- Gradiant, a global leader in advanced water and wastewater treatment, has announced a strategic partnership with GF Piping Systems, a flow solutions provider.

TH Properties, Affin Bank Sign MoU To Offer Financing Solutions For Young Homebuyers

KUALA LUMPUR, Jan 24 (Bernama) -- TH Properties Sdn Bhd signed a memorandum of understanding (MoU) with Affin Bank Bhd to roll out financing solutions to bridge the homeownership gap for young graduates, homebuyers, and property investors. 

Westports Share Price Up After Posting Higher FY2024 Net Profit

KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year. 

Bursa Malaysia Opens Lower On Lack Of Buying Interest

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia opens lower today on lack of buying interest after the recent rally, despite the better regional market showing which tracked the upbeat performance on Wall Street overnight.

FBM KLCI Futures Lower In Early Trading

KUALA LUMPUR, Jan 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives were lower in early trading today.