11m ago
KUALA LUMPUR, Jan 7 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” stance on the seaport and logistics sector as the shipping diversion from the Red Sea continues to weigh down on global trade.
11m ago
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
11m ago
KUALA LUMPUR, Dec 31 (Bernama) -- KLCC Property Holdings Bhd’s (KLCCP) wholly owned subsidiary Suria KLCC Sdn Bhd has upsized its sukuk murabahah programme to RM2 billion from RM600 million in nominal value.
11m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Dec 20 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has recommended Malaysia Airports Holdings Bhd’s (MAHB) shareholders to accept the offer made by the joint offerors to acquire the remaining ordinary shares in MAHB not already owned by them at a cash offer price of RM11 per offer share.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd has raised its financial year 2025 and 2026 (FY2025–FY2026) earnings forecasts for Sime Darby Bhd by two per cent to account for an upward revision of its 2025 Perodua sales volume assumption to 330,000 units from 310,000 units.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Petronas Chemicals Group Bhd’s shares on Bursa Malaysia rose during the mid-morning session despite recording a RM789 million net loss in the third quarter ended Sept 30, 2024 (3Q 2024) compared with a net profit of RM424 million in the same period last year.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI), will soon release the findings of a report examining the impact of excess capacity from China, particularly in the iron and steel sector.