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ADIA Expresses Great Interest In Investing In Malaysia - Tengku Zafrul

KUALA LUMPUR, Jan 13 (Bernama) -- Abu Dhabi Investment Authority (ADIA), one of the world's largest wealth funds with assets exceeding US$1 trillion, has expressed a keen interest in investment opportunities in Malaysia, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Bursa Malaysia Announces New Renewable Energy Subsector Classification 

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia Bhd has announced the new “renewable energy” (RE) subsector within its “energy” and “utilities” sector classifications to provide a more focused classification of public-listed companies (PLCs) operating in the RE space.

Ringgit Ends Easier Vs USD

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit ended easier against the US dollar on Monday amidst cautious market sentiments following sturdy United States (US) nonfarm payrolls (NFP) for December 2024.

MRT Corp Signs Rm8.31 Bln Contract With SRS Consortium

KUALA LUMPUR, Jan 13 -- Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has signed a Civil Main Contract (CMC) for Segment 1 of the Mutiara Line Light Rail Transit (LRT) project with SRS Consortium Sdn Bhd.

Malaysia's 2025 GDP Steady At 5 Pct - CIMB Securities

KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia's gross domestic product (GDP) is expected to hold steady at five per cent in 2025, consistent with the government’s target of 4.5 to 5.5 per cent, according to CIMB Securities Sdn Bhd.

BMI Ups Its End-2025 Ringgit Forecast To RM4.40 Per USD

KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.

Arte Corp Collaborates With COBNB Malaysia For Its RM460 Mln GDV Project In Mont Kiara

KUALA LUMPUR, Jan 11 (Bernama) -- Property developer Arte Corp Malaysia is partnering with COBNB Malaysia, a luxury short-term stay operator, to manage the units at its iconic RM460 million gross development value (GDV) Arte Solaris development in Mont Kiara.

Rubber Market Expected To Trade Slightly Upward Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 11 (Bernama) -- The rubber market is expected to trade slightly upward next week tracking the performance of regional rubber futures markets, according to the Malaysian Rubber Glove Manufacturers Association (Margma).

MITI Identifies 33 Indicators, 32 Actions Through National Competitiveness Committee Meeting

KUALA LUMPUR, Jan 10 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has identified 33 indicators with 32 actions to be implemented in the short and medium term through the first meeting of the National Competitiveness Committee (JKDSN).

Bursa Malaysia Mixed At Midday

KUALA LUMPUR, Jan 10 (Bernama) -- Bursa Malaysia ended the morning trading session on a mixed note, reflecting the slightly cautious market sentiment, in line with the sideways trading seen across Asian equities.

BMI Expects BNM To Hold OPR At 3.0 Pct In Next Meeting

KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.

Major Infrastructure Projects To Drive Malaysia's Steel Demand - Kenanga IB

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s demand for ferrous metals and their value-added products will be well driven by the roll-out of major local infrastructure projects, according to Kenanga Investment Bank Bhd (Kenanga IB).