Bursa Malaysia Opens Marginally Higher On Cautious Trading
KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia opened marginally higher on cautious trading ahead of Budget 2025 to be tabled later today, analyst said.
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Strong China-Malaysia Ties Key Factor In Driving Investments: Analysts
KUALA LUMPUR, Oct 17 (Bernama-Xinhua) -- Longstanding and stable relations with China are a key consideration for investors seeking to expand into Southeast Asia, with the strength of China-Malaysia ties making Malaysia a top destination for Chinese enterprises, analysts said on Thursday.
Bursa Malaysia Closes Higher On Bargain Hunting
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting stepped in after yesterday's decline, while investors shrugged off the overall regional market weakness, said an analyst.
Malaysia Needs Diverse Trading Partners To Explore New Solar Market - MITI
KUALA LUMPUR, Oct 17 (Bernama) -- Malaysia plans to diversify its trading partners to explore new solar export markets amid geopolitical tensions and the ongoing trade war between China and the United States, according to the Investment, Trade and Industry Ministry (MITI).
Bursa Malaysia Opens Higher On Mild Bargain Hunting
KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia opened higher as mild bargain hunting emerged in most heavyweights led by consumer and industrial products and services stocks, said an analyst.
MAVCOM On Track To Meet Passenger Traffic forecast Of Up To 97.6 Million This Year
KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) is expected to meet its narrowed down passenger traffic forecast of between 95.4 million and 97.6 million passengers this year supported by the continued robust recovery of the Malaysian aviation sector in the first six months of 2024 (1H2024).
Sime Darby to Enhance ROE, Plans Strategic Growth for FY2025
KUALA LUMPUR, Oct 16 (Bernama) -- Sime Darby Bhd aims to enhance its return on equity (ROE), reduce debt, prioritise the integration of new acquisitions and strengthen its partnership with Toyota and Daihatsu Japan in the financial year 2025 (FY2025).
Chinese Companies Should Consider Malaysia As Regional Hub, Set Up Headquarters - Liew
By Zarul Effendi Razali
HAINAN (China), Oct 16 (Bernama) -- Chinese companies should consider Malaysia an ideal destination to set up regional headquarters, from which they can expand internationally through Malaysia, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.
ECERDC Secures RM13.3 Bln In Realised Investments As Of September, Surpassing 2024 Target
KUALA LUMPUR, Oct 15 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has secured RM13.3 billion in realised investments for the region as of September, surpassing its 2024 target of RM10 billion.
Capital A Optimistic About Exiting PN17 Status By Year-end -- Tony Fernandes
KUALA LUMPUR, Oct 15 (Bernama) -- Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its Practice Note 17 (PN17) status by the end of December this year, according to chief executive officer Tan Sri Tony Fernandes.