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TM One, SDEC Extend Collaboration To Spur Sarawak’s Digital Economy

KUALA LUMPUR, Dec 26 (Bernama) -- Telekom Malaysia Bhd's (TM) business-to-business arm, TM One and Sarawak Digital Economy Corporation Bhd (SDEC) have extended their partnership to strengthen Sarawak’s digital economy, digital society and government services through enhanced connectivity.

Consistent Buying Lifts Bursa Malaysia To End Higher, CI Up 0.67 Pct

By Anas Abu Hassan

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia sustained its bullish momentum to finish on a firm note today, supported by persistent buying interest amid positive sentiment across the board, said an analyst.

Kenanga Revises PCG's FY2025 Profit Forecast Up By 10 Pct, Reflecting Higher Polyolefin Prices

KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.

Bursa Malaysia Seeks Feedback On Depository Rules For Electronic CDS Statements

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia Bhd today issued a consultation paper seeking public feedback on the proposed amendments to the Rules of Bursa Malaysia Depository Sdn Bhd as it moves towards further digitisation in the issuance of securities account statements to depositors (CDS statements).

Fiuu Drives Innovation, Expands Reach Amid Digital Payments Surge

KUALA LUMPUR, Dec 26 (Bernama) -- The surge in digital payment adoption during the pandemic accelerated the demand for secure and scalable solutions, and Fiuu, an online payment solution provider, was well-positioned to address this need.

Bank Islam Surpasses RM4 Bln Green Financing Target, Well Ahead Of 2025 Goal

KUALA LUMPUR, Dec 26 (Bernama) -- Bank Islam Malaysia Bhd (Bank Islam) achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal.

Cocoa, Pepper Continue Resilient Performance In 2024, Positive Outlook In 2025

KUALA LUMPUR, Dec 25 (Bernama) -- Cocoa and pepper continued their upward performance in 2024 driven by higher global demand and the government’s support towards the commodity’s growth.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).

CPO Futures End Mixed Amid Higher Vegetable Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed earlier losses to close mixed, following a volatile trading session, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

MJets Air Buys A Freighter For US$4.6 Mln As Part Of Fleet Expansion Plan

KUALA LUMPUR, Dec 24 (Bernama) -- MJets Air Sdn Bhd, a subsidiary of MMAG Holdings Bhd (MMAG), has acquired a Boeing B737-400SF converted freighter for US$4.6 million (US$1=RM4.49) as part of its plan to expand its fleet to 13 aircraft by the end of 2025.

SME Sentiment Index Hits Record High In 2H 2024

KUALA LUMPUR, Dec 24 (Bernama) -- The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H 2024), up from 54.7 in the first half (1H 2024), according to SME Bank Malaysia Bhd.

Malaysia’s Economy Expands 5.2 Pct In First Three Quarters Of 2024 - DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s economy has sustained strong growth in the first three quarters of 2024, expanding by 5.2 per cent from January to September, said the Department of Statistics Malaysia (DOSM).