6d ago
KUALA LUMPUR, Dec 19 (Bernama) -- Malakoff Corporation Bhd said its 80 per cent-owned subsidiary, Malakoff Silver Solar Sdn Bhd (MSSSB), has entered into a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) for a 470-megawatt alternating current (MWac) solar photovoltaic project in Perak.
6d ago
KUALA LUMPUR, Dec 19 (Bernama) -- The Kuala Lumpur rubber market closed lower today following declines in regional rubber futures and softer crude oil prices, said a dealer.
6d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.
6d ago
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia has shown notable resilience against global trade tensions and policy uncertainty with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global tech-sector upcycle.
6d ago
KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).
7d ago
KUALA LUMPUR, Dec 18 (Bernama) -- AEON Credit Service (M) Bhd’s net profit for the third quarter ended Nov 30, 2025 (3Q 2025) rose to RM91.80 million from RM62.07 million previously.
7d ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysian Reinsurance Bhd (Malaysian Re) has released the ninth edition of its annual research publication, ASEAN Insurance Pulse 2025.
7d ago
KUALA LUMPUR, Dec 18 (Bernama) -- Southeast Asian companies are being urged to begin preparations now to capitalise on a widening window of opportunity for entry into the United States (US) market in 2026, as firms across the region move to diversify supply chains and sustain growth momentum.
8d ago
KUALA LUMPUR, Dec 17 (Bernama) -- Continued selling activities in selected heavyweights, mainly the financial counters, have pushed Bursa Malaysia lower at midday today, despite regional peers gaining momentum.
8d ago
KUALA LUMPUR, Dec 17 (Bernama) -- ASEAN confidence remains strong despite developments and heightened attention surrounding regional tension, including the situation between Thailand and Cambodia.
9d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop.
9d ago
KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.