LATEST NEWS   AXIS REIT targets total acquisition value of RM300 million this year - CEO | The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar - AmBank chief economist | BNM will maintain its accommodative stance and keep the OPR steady through at least 1H2025 - AmBank chief economist | Malaysia’s GDP growth is expected to moderate to 4.6 pct in 2025, supported by infrastructure projects, private investment realisations and strong private consumption - AmBank chief economist | The KLIA aerotrain is set to resume in Q2, with no impact on Malaysia's ASEAN chairmanship - MAHB Managing Director | 

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Malaysia Should Utilise Free Trade Agreements To Promote Palm Oil Globally -- MPOB

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia should utilise the free trade agreements (FTAs) that it has among the ASEAN countries, including the Regional Comprehensive Economic Partnership (RCEP) to promote palm oil at the global level, said the Malaysian Palm Oil Board (MPOB).

EGGDROP Makes A Sizzling Debut In The Philippines

KUALA LUMPUR, Jan 22 (Bernama) -- EGGDROP, Korea’s premium egg sandwich brand, has launched its first store in the Philippines at the iconic SM Mall of Asia in Manila.

MSMEs Must Achieve Targets Of 41 Pct GDP Contribution, 15 Pct Export Contribution In 2025 -- Ewon

KUALA LUMPUR, Jan 22 (Bernama) -- The micro, small and medium enterprises’ (MSMEs) contribution to the national economy has not met the target set under the 12th Malaysia Plan (12MP), according to Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick.

BNM Maintains OPR At 3.0 Pct

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent during its meeting today.

TechStore Eyes RM25 Mln From IPO To Drive Expansion

KUALA LUMPUR, Jan 22 (Bernama) -- Enterprise IT services provider TechStore Bhd aims to raise RM25 million from its initial public offering (IPO) en route to an ACE Market listing on Feb 18, 2025.

JS-SEZ Talk Of The Town Among Investors - OBORCC

KUALA LUMPUR, Jan  22 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) has become a hot topic among industry players across Asia.

ASEAN Data Centre Revenue To See 20 Pct CAGR By 2028

KUALA LUMPUR, Jan 22 (Bernama) -- ASEAN data centre revenue is expected to see a 20 per cent compound annual growth rate (CAGR) by 2028, according to Maybank Investment Bank Bhd (Maybank IB).

Ringgit Opens Higher Against US Dollar For Third Consecutive Day

KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit opened stronger for the third consecutive day against the greenback, supported by a decline in the US Dollar Index (DXY) as investors awaited further cues from the White House regarding developments in trade policy.

Gold Futures Close Higher

KUALA LUMPUR, Jan 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today despite a minor decline in the United States COMEX gold market.

CPO Futures Close Higher, Tracking Gains In Soybean Oil Futures On CBOT

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 21 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday tracking gains on the Chicago Board of Trade (CBOT) soybean oil market, a trader said.

MNRB Posts Higher 3Q FY2025 Net Profit Of RM115.9 Mln

KUALA LUMPUR, Jan 21 (Bernama)-- MNRB Holdings Bhd posted a net profit of RM115.9 million in the third quarter ended Dec 31, 2024 (3Q FY2025), marking a 37 per cent increase from RM84.6 million in the same period last year.

Alliance Bank Survey: ESG Awareness Among SMEs Grows By 60 Pct

SUBANG, Jan 21 (Bernama) -- Alliance Bank Malaysia Bhd’s latest environmental, social and governance (ESG) survey has indicated a sixfold increase in environmental, social, and governance (ESG) awareness among small and medium enterprises (SMEs) in Malaysia.