Top Glove Net Loss Narrows To RM61.81 Mln In FY2024

KUALA LUMPUR, Oct 10 (Bernama) -- Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.

Skyworld Partners With PR1MA To Build Affordable Homes In Brickfields

KUALA LUMPUR, Oct 9 (Bernama) -- Skyworld Development Bhd’s wholly-owned subsidiary, Aspirasi Cekap Sdn Bhd (ACSB), has entered into a joint development agreement with PR1MA Corporation Malaysia to build affordable homes.

Ace-Market Debutant KHPT To Focus On Local Market Growth 

KUALA LUMPUR, Oct 8 (Bernama) -- ACE Market debutant KHPT Holdings Bhd (KHPT) is prioritising the local market, buoyed by an optimistic industry outlook and the anticipated introduction of several new car models.

Bursa Malaysia Ends Firmer On Bargain Hunting Amid Regional Uptrend

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the trading day higher on Monday amid the regional uptrend, buoyed by bargain hunting in commodities, consumer goods and gaming. 

Northport's Capacity, Efficiency To Improve With Newly-completed Container Yard

KUALA LUMPUR, Oct 7 (Bernama) --  Northport (Malaysia) Bhd has completed its latest container yard, Block K, adding 662,256 twenty-foot equivalent units (TEUs) to its capacity based on dwell time of five days.

Ringgit’s Recent Rise Beneficial For Malaysia, But Yet To Reach Fair Value – PM Anwar

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt Optimistic KLIA Can Become Regional Cargo Hub -- Loke

SEPANG, Oct 4 (Bernama) -- The government is optimistic that Kuala Lumpur International Airport (KLIA) has the potential to become the region’s cargo hub, said Transport Minister Anthony Loke Siew Fook.

Msia: 53 PCT Of E&E, Semiconductor Companies Optimistic On Business Outlook In 4Q

KUALA LUMPUR, Oct 4 (Bernama) -- According to the Malaysia Semiconductor Industry Association (MSIA), 53 per cent of companies in the electrical and electronics (E&E) and semiconductor sectors are optimistic about the business outlook for the fourth quarter of 2024 (4Q).

Study Finds 100 Pct Singapore's Marketers, Agencies Confronted With Data Challenges

 KUALA LUMPUR, Oct 3 (Bernama) -- Lotame, the global technology company that makes customer data smarter, faster, and easier to use for digital marketers, revealed in its new report that 100 per cent of marketers and agencies surveyed in Singapore encounter barriers in data orchestration and utilisation.

Late Buying Of Blue Chips Lifts Bursa Malaysia Out Of Red

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia managed to pare earlier losses to close mixed on Thursday, with the key index lifted by late buying in selected heavyweight stocks, led by financial services counters.

Ringgit Expected to Remain Strong, Says AMRO Chief Economist

KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) expects the Malaysian ringgit to remain strong as one of the region’s best-performing currencies, according to chief economist Hoe Ee Khor.

Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife

KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.