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Energy Counters Drag Bursa Malaysia Lower At Midday Break As Oil Price Falls

By Karina Imran

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia fell deeper into the red at the midday break as a big drop in crude oil prices likely weighed on energy counters, said an analyst.

Local, International Companies To Offer 2,600 Jobs At MITI Day 2024

KUALA LUMPUR, Sept 27 (Bernama) -- There will be 2,600 job opportunities from 80 local and international companies for young people at MITI Day 2024 organised by the Investment, Trade and Industry Ministry (MITI).

Malaysian Data Centre Market To Further Expand On Demand Surge - CBRE

ISKANDAR PUTERI, Sept 27 (Bernama) -- The data centre market in Malaysia is growing rapidly and will continue to expand further as the current supply of data centres in the country is still insufficient to cater for the increasing demand, according to CBRE Group Inc.

Malaysia Will See Strongest LNG Production Growth In Short And Medium Term, Says BMI

KUALA LUMPUR, Sept 27 (Bernama) -- BMI, a unit of Fitch Solutions, expects Malaysia to see the strongest liquefied natural gas (LNG) production growth in the short and medium term when feed gas supplies from greenfield gas projects become available.

500 Companies From China To Participate In December 2024 Malaysia-China Summit

KUALA LUMPUR, Sept 27 (Bernama) – The Malaysia-China Summit 2024 (MCS 2024) is expected to attract 500 leading companies from China eager to forge new trade and investment partnerships with their Malaysian counterparts.

Teledyne Unveils AI-Powered Smart Camera For Industrial Automation, Inspection

KUALA LUMPUR, Sept 27 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision technology, has announced its next generation artificial intelligence (AI)-powered BOA3 smart camera for industrial automation and inspection.

Malaysia Eyes Global AI Hub Status With AWS RM29.2 Bln Investment -- Anwar

KUALA LUMPUR, Sept 27 (Bernama) -- The government is dedicated to advancing the country's digital transformation and digital economy as critical components in enhancing Malaysia's industrial economic complexity, said Prime Minister Datuk Seri Anwar Ibrahim.

Gamuda Up In Early Trade Following Strong FY2024 Results

KUALA LUMPUR, Sept 27 (Bernama) -- Gamuda Bhd shares rose in early Friday trading following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.

Bursa Malaysia Opens Lower, Bucking Wall Street's Gains 

KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia opened lower on Friday due to a lack of fresh catalysts, bucking overnight Wall Street gains on strong US economic data, said an analyst.

Lower August 2024's PPI To Keep OPR Unchanged In 2024 -- MIDF Research

KUALA LUMPUR, Sept 27 (Bernama) -- The overnight policy rate (OPR) is expected to remain unchanged at three per cent in 2024 with Malaysia’s producer price index (PPI) inflation moderating to 0.3 per cent year-on-year (y-o-y) in August 2024 from 1.3 per cent y-o-y the previous month. 

Ringgit Regains Strength Against US Dollar At Opening

KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst. 

AirAsia Will Continue Seeking License To Operate In Singapore

KUALA LUMPUR, Sept 26 (Bernama) — AirAsia will not give up on securing a license to operate in Singapore, despite having been rejected three times, said Capital A chief executive officer, Tan Sri Tony Fernandes.