Gold Futures Likely To Surpass US$2,800 Per Troy Ounce Next Week

KUALA LUMPUR, Jan 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, with prices likely surpassing the US$2,800 per troy ounce level on weaker US dollar, said SPI Asset Management managing partner Stephen Innes.

​​​​Ringgit To Trade Cautiously Ahead Of FOMC, Range RM4.37 - RM4.38 Next Week

KUALA LUMPUR, Jan 25 (Bernama) -- The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee (FOMC) meeting, and to remain within the RM4.37 to RM4.38 range, an economist said.

Gold Futures Market Takes A Breather As Concerns Over US Tariff Policies Ease

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives has taken a breather after its recent sharp surge, as concerns over United States (US) President Donald Trump's tariff policies have eased.

TechStore Eyes RM25 Mln From IPO To Drive Expansion

KUALA LUMPUR, Jan 22 (Bernama) -- Enterprise IT services provider TechStore Bhd aims to raise RM25 million from its initial public offering (IPO) en route to an ACE Market listing on Feb 18, 2025.

Agrobank Partners JHEV ATM On Agro Defence Contract Farming Financing Programme

KUALA LUMPUR, Jan 21 (Bernama) -- Agrobank has inked a memorandum of collaboration with the Malaysian Armed Forces Veterans Affairs Department (JHEV ATM) for the Agro Defence Contract Farming Financing Programme, specifically for Malaysian Armed Forces (ATM) veterans.

WTK Unit Proposes RM1.0 Bln Sukuk Wakalah Programme

KUALA LUMPUR, Jan 20 (Bernama) -- WTK Holdings Bhd’s wholly-owned subsidiary, WTK Capital Sdn Bhd, has proposed an Islamic medium-term notes programme of up to RM1.0 billion in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar (Sukuk Wakalah Programme).

Salary Hike A Boon For Retail, Travel Sectors

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.

U Mobile To Roll Out 5G In 15-18 Months, IPO By End Of 2025 – Vincent Tan

KLANG, Jan 17 (Bernama) -- U Mobile Sdn Bhd, Malaysia’s second 5G network operator, plans to roll out its second 5G network within the next 15 to 18 months, according to chairman Tan Sri Vincent Tan.

Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.

F&N Well-Capitalised To Manage Rising Energy And Wage Costs, Says CEO

KUALA LUMPUR, Jan 15 (Bernama) -- Fraser & Neave Holdings Bhd (KL:F&N) is well-capitalised to navigate rising energy and wage costs, said chief executive officer Lim Yew Hoe.

Labuan FSA, Labuan Corporation Urged To Boost Economic Spillover

LABUAN, Jan 14 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) and Labuan Corporation (LC) must collaborate closely to strengthen the island's economy and ensure the benefits reach the local community, Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said.  

Sumbangan Asas Rahmah Extended To Sabah, Sarawak Via Mykad

KUALA LUMPUR, Jan 14 (Bernama) -- The distribution of Sumbangan Asas Rahman (SARA) assistance via the use of MyKad will be expanded to Sabah and Sarawak this year instead of only in Peninsular Malaysia in 2024, said the Finance Ministry (MOF).