McDonald’s Malaysia To Invest RM1 Bln Over Five Years, Open 100 Restaurants

KUALA LUMPUR, Feb 7 (Bernama) -- McDonald’s Malaysia is planning to invest RM1 billion to open 100 new restaurants, modernise existing outlets and strengthen digital capabilities over the next five years.

Nippon Express Holdings Acquires Minority Stake In Pakistan’s TCS Logistics

KUALA LUMPUR, Feb 6 (Bernama) -- Nippon Express Holdings Inc has acquired a minority stake in TCS Logistics (Private) Limited (TCSL), a Pakistan-based domestic logistics provider, through its subsidiary, NX South Asia & Oceania Co Ltd.

Bursa Malaysia Lower At Midday Amid Selling Pressure

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia extended its downward momentum at midday on continued selling pressure in selected heavyweight counters, led by industrial products and services, transportation and logistics, as well as financial services sectors.

Weak Global Sentiment Pulls Bursa Malaysia Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia ended lower today, extending its mild pullback as negative global sentiment weighed on risk appetite, said an economist.

IMT-GT Must Be Strengthened As A Pillar Of ASEAN Economic Integration

GEORGE TOWN, Feb 5 (Bernama) -- The Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) must be strengthened and repositioned as a key instrument to translate ASEAN’s economic integration into tangible outcomes at the sub-regional and grassroots levels.

IOI Properties Sells 50 Hectares Of Industrial Land In Banting For RM740.68 Mln

KUALA LUMPUR, Feb 4 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) wholly-owned subsidiary, Fortune Growers Sdn Bhd is disposing of 50 hectares (ha) of industrial land in Banting, Selangor, to Bridge Data Centres Malaysia VIII Sdn Bhd (BDC), for RM740.68 million.

Bursa Malaysia Erases Early Gains To End Lower On Profit-Taking

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia erased early gains to end lower today as profit-taking emerged following recent gains. 

SGX-listed Mooreast Eyes Collaboration With Sime Darby Unit On Offshore, Renewables

SINGAPORE, Feb 3 (Bernama) -- Mooring solutions provider Mooreast Holdings Ltd said it is collaborating with Sime Darby Joy Industries Sdn Bhd, a unit of Sime Darby Bhd, on offshore business opportunities, including renewable energy.

Bursa Malaysia Extends Gains On Bargain Hunting

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia ended modestly higher today on bargain hunting, extending its recovery from last week’s pullback, although the upside momentum faded after an early peak, said an economist.  

Companies Urged To Manage Currency Risks Amid Ringgit Movement -- Johari

KUALA LUMPUR, Feb 3 (Bernama) -- Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.

JS-SEZ Offers Scalable Regional Model For Seamless Cross-border Logistics -- Economists

JOHOR BAHRU, Feb 3 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) offers a scalable development model throughout the region, predicated on its seamless cross-border logistics and efficient flow of goods, according to Khazanah Research Institute chairman Nungsari Ahmad Radhi. 

Bursa Malaysia Ends Higher On Renewed Buying Interest

By Karina Imran

KUALA LUMPUR, Jan 30 (Bernama) -- Bursa Malaysia closed higher on Friday, driven by renewed buying interest in banking stocks as trading momentum picked up in the final hour of trading, said an analyst.