Ringgit Weakens Against Us Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit eased against the US dollar at the close today on lack of buying momentum. 

Hextar Industries To Soft Open 5 Luckin Coffee Outlets This Month

KUALA LUMPUR, Jan 16 (Bernama) -- Hextar Industries Bhd, through its subsidiary Global Aroma Sdn Bhd (GASB), is set to launch a soft opening for five Luckin Coffee outlets by the end of this month.

Bursa Malaysia Ends Lower On Heavy Foreign Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia gave up early gains to end at an intraday low on Thursday due to massive foreign selling, and bucking the regional trend in the process.

Cyberview Eyes Next Decade Of Empowering Entrepreneurs As CLLA Programme Celebrates 10th Anniversary

CYBERJAYA, Jan 16 (Bernama) -- Cyberview Sdn Bhd is looking forward to another decade of empowering entrepreneurs, with the far-reaching impact of initiatives like the Cyberview Living Lab Accelerator (CLLA) programme continuing to resonate across industries and borders.

ASEAN-BAC Unveils 12 Initiatives To Drive Regional Growth, collaboration

GEORGE TOWN, Jan 16 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled 12 strategic initiatives, including the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity, and regional collaboration.

Uni-Fuels Makes Landmark Nasdaq Debut As Singapore’s First Marine Fuel Provider Listed

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), announced the completion of its initial public offering (IPO) on the Nasdaq Stock Market, becoming the first Singapore-based marine fuel provider to be listed in the United States.

Steady Growth In The Property Sector This Year - Rahim & Co

KUALA LUMPUR, Jan 16 (Bernama) -- The local property market is poised for steady growth in 2025, driven by sustained momentum in owner-occupier residential developments and the rise of emerging industries such as data centres and renewable energy.

Innovation In Focus: AM Best To Present At 18th India Rendezvous

KUALA LUMPUR, Jan 16 (Bernama) -- AM Best Executive Vice President and Chief Strategy Officer, Andrea Keenan, is set to deliver a presentation titled “Innovation is in Insurance’s DNA” at the 18th India Rendezvous, scheduled for Jan 20 to 22 at the JW Marriott Mumbai Juhu in Mumbai, India.

FBM KLCI To Test 1,730 Level This Year - Rakuten Trade

KUALA LUMPUR, Jan 16 (Bernama) -- Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to test the 1,730 level this year, based on 16 times price-earnings ratio on 2025 earnings growth. 

Uni-Fuels Raises US$8.4 Mln In Successful IPO Closing

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has successfully closed its underwritten initial public offering (IPO) of 2,100,000 Class A Ordinary Shares at a public offering price of US$4.00 per share, raising total gross proceeds of US$8.4 million before underwriting discounts and commissions. (US$1 = RM4.49)

FSBM Signs MoUs With VisionTech And Cydentiq To Advance AI, Cybersecurity Solutions

KUALA LUMPUR, Jan 16 (Bernama) -- IT services company FSBM Holdings Bhd, through its subsidiary FSBM I-Design Sdn Bhd, has signed two memorandums of understanding (MOUs) with VisionTech Pte Ltd and Cydentiq Sdn Bhd to develop advanced artificial intelligence (AI) and cybersecurity solutions.

Ringgit Opens Slightly Higher Vs USD

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.