11m ago
KUALA LUMPUR, Feb 7 (Bernama) – Malaysian Resources Corporation Bhd’s 2025 order book is anticipated to expand by RM4 billion to RM5 billion due to delayed project spillover such as the Kuala Lumpur Sentral redevelopment, LRT3 variation orders, and the Shah Alam Stadium redevelopment.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia closed higher on broad-based buying during the late session, with the market bellwether ending at an intraday high, driven by energy stocks, said an analyst.
1y ago
KUALA LUMPUR, Feb 6 (Bernama) -- BMI, a Fitch Solutions company, is expecting significant volatility in crude oil prices in the coming weeks and months as markets scramble to weigh the impact of United States (US) President Donald Trump’s new policy positions, not least regarding tariff measures.
1y ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, Feb 4 (Bernama) -- Ensuring stable prices for essential food items like coconuts during festive seasons requires continuing support through both subsidies and logistical measures, says Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) president Nivaas Ragavan.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain an upward bias next week, trading within the US$2,775 per troy ounce to US$2,825 per troy ounce range, driven by strong physical demand in Asia and speculative interest from the Western markets.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 25 (Bernama) -- Rubber market prices and demand are expected to remain volatile, with a slight upward trend forecast for next week, driven by unpredictable weather in southern Thailand, according to industry expert Denis Low.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting:-
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia experienced significant aviation growth in 2024, marked by an additional 12 new airlines, 16 resumptions and 24 new destinations, according to Malaysia Airports Holdings Bhd.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 20 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher due to sluggish production pace in coming weeks, palm oil dealer David Ng said.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.