27d ago
KUALA LUMPUR, Jan 7 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” stance on the seaport and logistics sector as the shipping diversion from the Red Sea continues to weigh down on global trade.
28d ago
By Karina Imran & Danni Haizal Danial Donald
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies amid cautious sentiment ahead of the People's Bank of China (PBoC) fixing today, an analyst said.
30d ago
KUALA LUMPUR, Jan 4 (Bernama) -- Bursa Malaysia is likely to remain cautious next week as investors are bracing for a cautious start to 2025, with eyes fixed on the US President Inauguration Day scheduled on Jan 20, said an analyst.
1m ago
KUALA LUMPUR, Jan 2 (Bernama) -- South Korea, which will be hosting the Asia-Pacific Economic Cooperation (APEC) this year for the first time in 20 years, will focus on innovation, digitalisation and sustainability.
1m ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.
1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the penultimate day of the year positively after a weak start, driven by buying momentum in selected heavyweights led by Maybank and Petronas Chemicals amid year-end window dressing by local institutions.
1m ago
By Nor Baizura Basri
KUALA LUMPUR, Dec 30 (Bernama) -- ASEAN economies can emulate Malaysia’s move to renew some of its bilateral trade deals with partner countries to include sustainability elements and the changing dynamics of the global investment landscape.
1m ago
KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.
1m ago
KUALA LUMPUR, Dec 5 (Bernama) -- United Overseas Bank (UOB) forecasts that ASEAN-6 economic growth will reach 4.8 per cent in 2025, surpassing the projected global average gross domestic product (GDP) growth of 3.2 per cent.
1m ago
KUALA LUMPUR, Dec 5 (Bernama) -- Deleum Bhd’s (Deleum) wholly-owned subsidiary, Deleum Services Sdn Bhd, today has signed a share purchase agreement to acquire a 70 per cent stake in PT OSA Industries Indonesia Pte Ltd (PT OSA) for US$7 million (RM31.3 million).
1m ago
KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday on the back of improved buying sentiment towards the domestic currency, said an analyst.
1m ago
KUALA LUMPUR, Dec 4 (Bernama) -- MIDF Amanah Investment Bank Bhd (MIDF IB) anticipates ringgit to regain strength and to end the year stronger at RM4.30 compared to RM4.59 at the end of 2023.