Bursa Malaysia Ends Lower On Profit-Taking

By Zufazlin Baharuddin

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia closed lower today due to profit- taking following several days of uptrend, amid the mostly upbeat regional market performance. 

Smart Communications Acquires Joisto To Enhance Cloud Archival Capabilities

KUALA LUMPUR, April 28 (Bernama) -- Smart Communications, the cloud-based platform for enterprise customer communications, has announced the acquisition of Joisto, a cloud data archive company.

Malaysia, China To Deepen Strategic Cooperation In Four Key Sectors 

KUALA LUMPUR, April 17 (Bernama) -- Malaysia and China will deepen economic cooperation by focusing on four key sectors — the digital, green, blue, and tourism economies — with efforts aimed at enhancing integration across industrial, supply, value, data, and talent chains.

AFMGM: Anwar To Launch ASEAN SEDG Guide For SMEs Today

KUALA LUMPUR, April 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to deliver the keynote address and officiate the launch of the ASEAN Simplified Environmental, Social and Governance (ESG) Disclosure Guide for SMEs in Supply Chains Version 1 today (ASEAN SEDG).

Japan Insurers Seek Growth Abroad As Domestic Market Shrinks - AM Best

KUALA LUMPUR, April 7 (Bernama) -- Japanese insurance companies are increasingly seeking growth overseas as the domestic market faces constraints due to an ageing and shrinking population, according to a new commentary by AM Best.

Anwar Gives Assurance Malaysia Will Not Slip Into Recession Following US Tariffs

KUALA LUMPUR, April 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has given an assurance that Malaysia will not slip into a recession for now following the imposition of tariffs by the United States, as the country's economy remains resilient.

Axiata To Exit Myanmar With US$150 Mln Divestment

KUALA LUMPUR, April 4 (Bernama) -- Axiata Group Bhd is exiting Myanmar after its subsidiary, Edotco Investments (Labuan) Ltd, signed a share purchase agreement (SPA) to sell its entire 87.5 per cent stake in Edotco Investments Singapore Pte Ltd for US$150 million (RM713 million).

Subang Airport: MAHB To Finalise Airline Carriers Taking Over Available Slots 

PERTH, March 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is set to finalise the airline carriers - local or international carriers - taking over the available slots at Subang Airports (SZB) soon, following AirAsia’s move to consolidate its operations to KL International Airport (KLIA). 

Rakuten Trade Offers New Amalgamated Brokerage Fees For US Stock Trades

KUALA LUMPUR, March 26 (Bernama) -- Rakuten Trade Sdn Bhd has rolled out its first-in-market service, offering the amalgamated brokerage fees for the United States (US) stock trades. 

Dewan Rakyat And Dewan Negara Approve Two Economy-related Bills

KUALA LUMPUR, March 26 (Bernama) -- The First Meeting of the Fourth Session of the 15th Parliament, which concluded yesterday, saw the passing of two economy-related Bills within the 12-day session.​

Dewan Negara Passes Supplementary Supply Bill (2024) 2025

KUALA LUMPUR, March 24 (Bernama) -- The Dewan Negara today passed the Supplementary Supply Bill (2024) 2025 authorising additional expenditure of RM20.19 billion from the Consolidated Fund for government services.

Analyst Sees TNB As Safe Haven Amid Market Volatility, Maintains 'Hold' Call

KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.