KUALA LUMPUR, Jan 3 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects property sales to grow by 10 per cent year-on-year (y-o-y) in 2025 with some developers likely to focus on launching mid-range high-rise products to conserve landbanks and address potential affordability issue.
KUALA LUMPUR, Jan 3 (Bernama) -- The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index ended the first trading day on a subdued note due to profit-taking activities following the year-end rally in the early part of the week and in line with most regional markets.
KUALA LUMPUR, Jan 2 (Bernama) -- MMC Corporation Bhd’s 70 per cent-owned unit, Port of Tanjung Pelepas (PTP), has become the first container terminal in Malaysia to handle over 12.25 million twenty-foot equivalent units (TEUs) in a single year in 2024.
KUALA TERENGGANU, Jan 2 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC Bhd) through its subsidiary EPIC OG Sdn Bhd (EOGSB) has secured a five-year contract from Petroliam Nasional Bhd’s wholly owned subsidiary Petronas Carigali Sdn Bhd.
KUALA LUMPUR, Jan 2 (Bernama) -- AmInvestment Bank Bhd projects that mandatory Employees Provident Fund (EPF) contributions for non-citizen employees could channel up to RM1.7 billion in additional annual inflows into Malaysia’s domestic equity market.
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of 2024 on rising demand for the safe-haven currency amid ongoing global economic uncertainties.
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index closed the year with modest gains, rising by 0.28 per cent and bucking the regional downtrend, thanks to strong buying momentum in selected heavyweights.
KUALA LUMPUR, Dec 31 (Bernama) -- Public Mutual, a wholly-owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for nine funds for the financial year ended Dec 31, 2024.
KUALA LUMPUR, Dec 31 (Bernama) -- Credit to the private non-financial sector grew by 5.2 per cent in November versus 5.1 per cent in October 2024, driven mainly by higher growth in corporate bonds (3.8 per cent; October 2024: 2.6 per cent), according to Bank Negara Malaysia (BNM).
GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.
KUALA LUMPUR, Dec 31 (Bernama) -- Permaju Industries Bhd has proposed a capital reduction of up to RM258 million via the cancellation of its issued share capital “which is lost and unrepresented by available assets.”
