1y ago
PORT KLANG, Sept 27 (Bernama) – The development of Westports Holdings Bhd’s phase two container terminal expansion from terminals 10 to 17 is a significant step to strengthen Malaysia’s position as a global maritime and logistics hub.
1y ago
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.
1y ago
By Karina Imran
KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia ended the morning session in negative territory due to profit-taking in selected heavyweights, primarily driven by YTL-related counters, according to an analyst.
1y ago
KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.
1y ago
KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia opened lower on Thursday amid mixed regional sentiment, as diminishing effects of China's recent monetary policy shifted investors' focus to potential fiscal stimulus measures, according to an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.
1y ago
By Karina Imran
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.
1y ago
KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Consultative Council of Islamic Organisations (MAPIM) has called on all parties, regardless of political ideology, to support the MADANI Government’s efforts to revitalise and strengthen the national economy in the current situation where the ringgit continues to strengthen.
1y ago
JOHOR BAHRU, Sept 24 (Bernama) -- Kluang will become Johor’s logistics hub following the development of several infrastructure projects such as the Gemas-Johor Bahru Electrified Double Track project (Gemas-JB EDTP), the PLUS highway expansion and federal road upgrading works which will improve the district's connectivity.
1y ago
GEORGE TOWN, Sept 24 (Bernama) -- Affin Bank Bhd expects Malaysia’s gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.
1y ago
KUALA LUMPUR, Sept 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the ongoing impact of the United States Federal Reserve’s (Fed) rate cut.