Reciprocal Tariff Impact On Malaysia's Construction Sector Is Minimal -- MIDF

KUALA LUMPUR, April 7 (Bernama) --  The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.

Interest In Blue Chips Lifts Fbm KLCI Marginally Higher At Close

KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the day marginally higher supported by renewed buying interest in blue-chip stocks, said an analyst. 

Bursa Malaysia Higher At Midday Break

KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia was higher at the midday break today as the buying momentum in selected heavyweights helped lift the key index.

IJM Corp Shares Rise 2 Pct After Dismissing Governance Concerns

KUALA LUMPUR, March 21 (Bernama) -- Shares of IJM Corp Bhd rose 2.0 per cent in early Friday trading after the group dismissed online allegations regarding the construction company and its leadership.  

FBM KLCI Ends Lower, Mirroring Regional Market Trends

KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve’s (Fed) decision to maintain interest rates and the People’s Bank of China’s (PBOC) unexpected decision to keep its key lending rates unchanged, said an analyst.

Bursa Malaysia Ends Lower On Lack Of Buying Catalysts

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, driven primarily by selling in construction and banking sectors, while healthcare stocks saw some buying interest, an analyst said.

IJM Secures 143-year Leasehold Of London's Finsbury Circus For RM407.9 Mln

KUALA LUMPUR, March 12 (Bernama) -- IJM Corporation Bhd has secured a 143-year leasehold interest in the historic 1-5 London Wall Buildings, now rebranded as 25 Finsbury Circus, in London’s central business district and a prime commercial property in its financial core. 

Bursa Malaysia Slides As US Inflation Data Strengthens Fed Rate-hold Outlook

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia ended with notable declines as the latest United States inflation data strengthened expectations that the Federal Reserve (Fed) would maintain interest rates.

Berjaya's Vincent Tan Urges Local Companies To Joint HSR Consortium After MRCB Makes Exit

KLANG, Jan 17 (Bernama) — Berjaya Corporation Bhd has urged local companies to be part of a consortium for the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project.

MRCB Issues Termination Notice For Teaming Agreement With Berjaya Regarding KL-SG HSR Project

KUALA LUMPUR, Dec 19 (Bernama) -- The Malaysian Resources Corporation Bhd (MRCB) has announced that it has issued a notice of termination to Berjaya Rail Sdn Bhd, ending their teaming agreement. 

MRCB Withdraws From Berjaya-led Consortium For KL-SG HSR Project

KUALA LUMPUR, Dec 18 (Bernama) -- The Berjaya Corporation Bhd-led consortium, which participated in the request for information (RFI) exercise by MyHSR Corporation Sdn Bhd for the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project, has announced that one of its partners has decided to withdraw. 

Minimal Impact Of Minimum Wage, Foreign Worker Levy On Infrastructure Supply Chain -- Analysts

KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.