10d ago
By Karina Imran
KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia started on a positive note but later retreated as investors capitalised on profits following a mixed performance on Wall Street overnight, an analyst reported.
10d ago
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
10d ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened nearly flat against the US dollar on Tuesday, as cautious sentiment surrounding the current economic outlook saw some investors turn to safe-haven assets, an economist said.
11d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The 2025 Budget, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Oct 18, marked a positive step towards Malaysia’s medium-term goal of narrowing its budget deficit to 3.5 per cent by 2027.
11d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday due to a stronger export pace and the expectation of weaker output in the coming weeks, said a dealer.
11d ago
KUALA LUMPUR, Oct 21 (Bernama) -- MIDF Research has kept its 2024 gross domestic product (GDP) growth forecast at 5.0 per cent, bolstered by ongoing increases in domestic spending and a recovery in exports.
11d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is forecast to fall to RM80 billion by 2025.
11d ago
KUALA LUMPUR, Oct 21 (Bernama) — The MADANI government has demonstrated improved consistency in its economic framework with the tabling of Budget 2025 last Friday, while also addressing the need to enhance the country’s economic complexity.
11d ago
GEORGE TOWN, Oct 21 (Bernama) -- Singaporean real estate and lodging company The Ascott Ltd is partnering with Malaysian developer Instant Icon Sdn Bhd to develop Ascott Residences Batu Ferringhi, which is set to welcome residents from January 2028 onwards.
11d ago
KUALA LUMPUR, Oct 21 (Bernama) -- MY E.G. Services Bhd (MYEG) and Heitech Padu Bhd today announced the commencement of their partnership to ensure the successful implementation of various e-government projects in Malaysia.
11d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today, following gains in the US COMEX gold market, according to a dealer.
11d ago
ISKANDAR PUTERI, Oct 21 (Bernama) -- The allocation of RM421 billion under the MADANI Budget 2025 will set a strong foundation for revitalising the economy, driving positive change and ensuring the well-being of Malaysians, Iskandar Investment Berhad (IIB) president and chief executive officer Datuk Idzham Mohd Hashim said.