8h ago
KUALA LUMPUR, April 7 (Bernama) -- Malaysia’s banking industry remains strong, resilient and is committed to supporting customers amid global uncertainties, including developments in West Asia, according to the Association of Banks in Malaysia (ABM).
8h ago
KUALA LUMPUR, April 7 (Bernama) -- Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway’s conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders’ acceptance level in IJM.
9h ago
KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.
9h ago
KUALA LUMPUR, April 7 (Bernama) -- The recent spike in fuel costs due to the West Asia crisis is expected to be “neutral” for most utility players, given the established fuel-cost pass-through mechanisms, according to Kenanga Investment Bank Bhd (Kenanga IB).
9h ago
KUALA LUMPUR, April 7 (Bernama) -- Offshore production and support services provider Bumi Armada Bhd eased in early trade today after Gary Neal Christenson stepped down from his roles as chief executive officer (CEO), as a member of the company’s board of directors, as well as those of its subsidiaries and joint-controlled entities, with immediate effect.
10h ago
KUALA LUMPUR, April 7 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Tuesday.
10h ago
KUALA LUMPUR, April 7 (Bernama) -- Sunway Bhd expressed appreciation to stakeholders after its conditional voluntary takeover offer for IJM Corporation Bhd lapsed, having failed to secure the required level of acceptances.
10h ago
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday, tracking overnight gains on Wall Street.
11h ago
KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened little changed against the US dollar but strengthened against major currencies on Tuesday, as market sentiment remained cautious ahead of US President Donald Trump’s deadline on the reopening of the Strait of Hormuz.
21h ago
SHAH ALAM, April 6 (Bernama) -- The Malaysian Industry‑Government Group for High Technology (MIGHT) and Permodalan Negeri Selangor Berhad (PNSB) today inked a Memorandum of Collaboration (MoC) to further accelerate high‑tech industry development and attract strategic investments to Selangor.
21h ago
KUALA LUMPUR, April 6 (Bernama) -- The government is taking the impact of the global energy crisis on various industry players, particularly micro, small and medium enterprises (MSMEs) and the healthcare sector, seriously, said Minister of Economy Akmal Nasrullah Mohd Nasir.
22h ago
KUALA LUMPUR, April 6 (Bernama) -- Reneuco Bhd is facing the risk of suspension and subsequent delisting after Bursa Malaysia Securities Bhd rejected its application for a further extension of time to submit its regularisation plan.