Bursa Malaysia Kicks Off Higher, Mirrors Wall Street Gains

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, rebounding from yesterday’s decline as investors tracked an overnight rally on Wall Street.

MIDA, Chery Forge Strategic Automotive Alliance, Unite 35 Global Suppliers

KUALA LUMPUR, May 19 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Chery Corporate Malaysia Sdn Bhd have launched the Chery Premier Supply Chain Synergy Programme, bringing together 35 global suppliers to accelerate the development of Malaysia’s automotive sector.

Airbus Sees Potential Demand For A220 From Local Operators

PUTRAJAYA, May 19 (Bernama) -- European aircraft manufacturer Airbus sees significant potential for the A220 in Malaysia, as it describes the plane as the perfect feeder aircraft on regional services.

Economic Resilience Bolsters US Investor Confidence In Malaysia -- AMCHAM

KUALA LUMPUR, May 17 (Bernama)  -- Malaysia’s economic growth of 4.4 per cent in the first quarter of 2025 (1Q 2025) is a positive indicator of resilience and broadly reflects the stable business environment experienced by members of the American Malaysian Chamber of Commerce (AMCHAM).

Bursa Malaysia's CFO Rosidah Baharom Resigns, Rasmona Abdul Rahman Appointed As Acting CFO

 KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia Bhd said its chief financial officer (CFO) Rosidah Baharom will step down from the role, effective today.

Gamuda's Unit Acquires 148-hectare Land In Selangor For RM248.7 Mln

KUALA LUMPUR, May 16 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary Gamuda Land (T12) Sdn Bhd is acquiring a 148.11-hectare land parcel in Kuala Langat, Selangor, for a total consideration of RM248.7 million.

Credit Growth Rises 5.5 Pct In 1Q 2025 Amid Higher Outstanding Corporate Bonds Growth

KUALA LUMPUR, May 16 (Bernama) -- Loans to the private non-financial sector grew by 5.5 per cent in the first quarter of 2025 (1Q 2025) versus 5.2 per cent in 4Q 2024, amid sustained growth in outstanding loans and higher growth in outstanding corporate bonds.

Bursa Malaysia Almost Flat In Early Trade

By Anas Abu Hassan

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia opened almost flat in early trade today amid mixed reactions from Wall Street’s performance overnight as investors took a breather ahead of corporate earnings results.

ACE Market-bound Signature Alliance Aims To Raise RM161.2 Mln From IPO

KUALA LUMPUR, May 14 (Bernama) -- Interior fitting-out specialist Signature Alliance Group Bhd (SAG) aims to raise RM161.2 million through its initial public offering (IPO), ahead of its scheduled listing on the ACE Market of Bursa Malaysia Securities Bhd on June 5, 2025.

ETFs Enter 'Overdrive' In 2025, Trackinsight Survey Reveals

KUALA LUMPUR, May 13 (Bernama) -- Trackinsight, a global leader in exchange-traded fund (ETF) research and analytics, has released its Global ETF Survey 2025 Report, highlighting regional analysis covering major developments in Europe, Asia, and North America.

AM Best Cites Underwriting Volatility In Korea P&I Club's Outlook Revision

KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I).

WE2025 Aims To Generate RM100 Mln Trade, Investment Leads -- Qube

KUALA LUMPUR, May 13 -- “WE2025: Future in Motion -- Women in Trade. Leadership. Investment.”, to be held from Nov 25-27, 2025, aims to generate RM100 million in potential trade and investment leads, according to Qube Integrated Malaysia Sdn Bhd.