1y ago
KUALA LUMPUR, May 29 (Bernama) -- Axiata Group Bhd’s shares rose in early trade after it reported more than a two-fold increase in net profit for the first quarter ended March 31, 2025 (1Q 2025).
1y ago
KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened mixed on Wednesday, amid a weaker Wall Street performance overnight.
1y ago
KUALA LUMPUR, May 15 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is optimistic about Malaysia’s renewable energy (RE) sector due to its strong structural themes and positive earnings growth cycle, maintaining its ‘overweight’ call on the industry.
1y ago
KUALA LUMPUR, May 13 (Bernama) -- The latest United States (US)-China tariff rollback will impact Malaysia’s glove makers, delaying purchasing decisions due to ongoing uncertainty, said Maybank Investment Bank Bhd (Maybank IB).
1y ago
KUALA LUMPUR, May 13 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has maintained its 'neutral' call on the plantation sector, citing a lack of clear demand catalysts and mixed earnings prospects across both upstream and downstream segments.
1y ago
KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.
1y ago
KUALA LUMPUR, April 22 (Bernama) -- The Malaysian construction sector is largely insulated from the direct impact of Liberation Day, which brought tariffs to over 180 trading partners, with reciprocal rates ranging between 10 and 49 per cent across ASEAN.
1y ago
KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.
1y ago
KUALA LUMPUR, April 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) said Malaysian banks are expected to be among the more attractive sectors for investors seeking refuge from United States President Donald Trump’s trade war.
1y ago
KUALA LUMPUR, April 18 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is positive on the outlook for MN Holdings Bhd (MNH), citing its strong exposure to high-growth sectors such as solar and data centres (DC).
1y ago
KUALA LUMPUR, March 27 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) sees Solarvest as the prime beneficiary of two large scale solar (LSS) programmes, the LSS5 it secured in Seberang Perai, Penang worth RM103.1 million and the rollout of the LSS6 programme over the next 24 months.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- With a new contract in hand, ITMAX Bhd has secured a strategic foothold to offer its full range of smart city and artificial intelligence (AI) solutions in Penang, as the state embarks on its smart city transformation, Hong Leong Investment Bank (HLIB) said today.