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Kedah-based SME Mudim Zakaria Invests RM10 Mln In High-tech Food Machinery

PENDANG, Feb 6 (Bernama) -- Food manufacturer Mudim Zakaria Food Industries Sdn Bhd has invested RM10 million in the purchase of high-technology machinery to increase production capacity and ensure the quality of its products.

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.

Haily Group Unit Bags RM48.21 Mln Construction Job In Johor

KUALA LUMPUR, Feb 5 (Bernama) -- Haily Group Bhd’s wholly owned subsidiary Haily Construction Sdn Bhd (Haily Construction) has accepted a letter of award from Gunung Impian Development Sdn Bhd for a construction job worth RM48.21 million in Johor.

MITI: 5,624 Public EV Charging Units Installed Nationwide

KUALA LUMPUR, Feb 5 (Bernama) – A total of 5,624 public electric vehicle (EV) charging units have been installed nationwide, representing 56 per cent of the overall target, said Investment, Trade and Industry Minister (MITI) Datuk Seri Johari Abdul Ghani.

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.

Proton Expands Electrification Strategy With Entry Into PHEV Segment

KUALA LUMPUR, Feb 4 (Bernama) -- Proton has expanded its electrification strategy by going into the plug-in hybrid electric vehicle (PHEV) segment, positioning the new Proton e.MAS 7 PHEV as a key offering to widen market reach beyond full electric vehicles.

Govt To Review CBU Units Of EV Imports, Focus On Quality -- Johari

KUALA LUMPUR, Feb 4 (Bernama) — The government will review the importation of completely built-up (CBU) electric vehicles (EVs) to ensure only quality models enter the local market to protect the country’s automotive ecosystem.

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. 

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.  

Gold, Silver Seen Bullish Despite Short-term Volatility -- MGA

KUALA LUMPUR, Feb 3 (Bernama) -- Gold and silver prices are expected to remain bullish over the mid- to long-term despite short-term volatility triggered by global macroeconomic and geopolitical developments, said Malaysia Gold Association (MGA) president Datuk Seri Louis Ng.

Bursa Malaysia Poised For Constructive Upward Bias Next Week

By Karina Imran

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level. 

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.