By Siti Radziah Hamzah
KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, July 24 (Bernama) -- The government's plan to reduce the price of RON95 petrol is widely seen as a positive step to ease living costs and support private consumption amid global economic uncertainties, said investment banks.
KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia opened higher on Thursday, with the benchmark index breaching the 1,530 level after three days of choppy trading, supported by optimism over US-China trade talks and improved domestic sentiment following recent policy announcements.
KUALA LUMPUR, July 23 (Bernama) -- The latest fiscal support measures announced by Prime Minister Datuk Seri Anwar Ibrahim are expected to bolster Malaysia’s consumer sector by reinforcing near-term spending, particularly on essential goods and value-based retail, said CIMB Securities Sdn Bhd.
KUALA LUMPUR, July 23 (Bernama) -- The government will continue monitoring prices of goods, especially food items, to ensure that the cost of living does not increase following the expansion of the Sales and Service Tax (SST) which comes into force this month, said Deputy Finance Minister Lim Hui Ying.
KUALA LUMPUR, July 23 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) and RHB Investment Bank Bhd have reiterated their “Buy” calls on Pavilion Real Estate Investment Trust (REIT) following its second quarter ended June 30, 2025 (2Q25) results.
KUALA LUMPUR, July 22 (Bernama) -- Research firms have revised their forecasts for Malaysia’s headline inflation in 2025, lowering it to 1.5 per cent to 1.8 per cent.
KUALA LUMPUR, July 22 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a higher net profit of RM78.66 million in the second quarter ended June 30, 2025 (2Q 2025) compared to a net profit of RM67.12 million in the same quarter the preceding year.
KUALA LUMPUR, July 22 (Bernama) -- Malaysia's inflation for 2025 is projected at 2.0 per cent, supported by the “gradual and orderly implementation of fiscal retargeting measures and moderate demand-side pressures,” said RHB Investment Bank Bhd (RHB IB).
By Harizah Hanim Mohamed
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed 0.34 per cent lower on Tuesday, marking its second straight day of decline, as the lack of buying support and absence of strong cues from key regional indices continued to weigh on sentiment.
KUALA LUMPUR, July 22 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will launch a roadmap to reform and future-proof Malaysia’s iron and steel sector, following the submission of the Independent Steel Committee’s (ISC) final report.
