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Sime Darby To Leverage Its Strong Industrial Segment In 2025 - Analysts

KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.

Petronas Gas Posts Higher FY2024 Net Profit Of RM1.84 Bln, Declares 22 Sen Dividend

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Gas Bhd (PGB) recorded a higher net profit of RM1.84 billion in the financial year ended Dec 31, 2024 (FY2024) compared to RM1.82 billion in the same period a year earlier.

Bursa Malaysia Rebounds To End At Intraday High On Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia rebounded to end at an intraday high today as bargain hunting emerged following a series of sell-offs, amid the upbeat regional market performance.

Penang Port’s Cargo Handling Increases To 32.33 Mln Fwt In 2024 - Hasbi

GEORGE TOWN, Feb 19 (Bernama) -- Penang Port continued its excellent performance in cargo handling in 2024, handling 32.33 million freight weight tonnes, an increase of 0.77 per cent.

BNM, BI And BOT Adopt Harmonised Local Currency Transaction Framework Guidelines

KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.

Bursa Malaysia Lower At Midday, Selected Selling In Financial And Utility Heavyweights

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.

MATRADE To Lead Malaysian Contingent To Gulfood 2025 To Boost F&B Exports

KUALA LUMPUR, Feb 15 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will lead 90 local companies and four government agencies’ participation in Gulfood 2025, held from Feb 17-21 at the Dubai World Trade Centre.

Headline, Core Inflation Edge Lower To 1.8 Pct In 2024

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Ringgit Closes Lower Vs USD On Import Tariff Concerns

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States (US) import tariff on steel and aluminium industries supported the greenback.

Labour Demand Up 70.4 Pct, Unemployment Rate Down 3.3 Pct In 2024 - DOSM

PUTRAJAYA, Feb 10 (Bernama) -- The labour force participation rate (LFPR) in 2024 increased to 70.4 per cent compared to 70 per cent the previous year, according to Labour Force Statistics, Malaysia, December and fourth quarter 2024.

Bursa Malaysia Ends Higher For 4th Straight Day Led By Tech, Construction Stocks

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia ended higher for the fourth consecutive session on Friday, with buying mainly in technology and construction stocks, ahead of the release of US jobs report later today, said an analyst.