Ringgit Opens Flat Against US Dollar As Caution Prevails

KUALA LUMPUR, March 14 (Bernama) -- The ringgit opened nearly flat against the US dollar as cautious sentiment over the economic outlook prompted some investors to turn to safe-haven assets.  

ACE Market-bound SumiSaujana Aims To Raise RM74.4 Mln From IPO

KUALA LUMPUR, March 13 (Bernama) -- ACE Market-bound oil and gas (O&G) specialty chemicals manufacturer SumiSaujana Group Bhd aims to raise RM74.4 million from its initial public offering (IPO).

Scientex Posts Lower Net Profit Of RM123.95 Mln In 2Q

KUALA LUMPUR, March 12 (Bernama) -- Scientex Bhd’s net profit fell 12.1 per cent to RM123.95 million in the second quarter ended Jan 31, 2025 (2Q FY2025) compared with RM141.01 million a year earlier. 

Maintenance Fees: A Snowball That Can Trigger An Avalanche

KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.

FBM KLCI Continues Slide Amid Heightened Volatility, Wall Street Sell-off

By Siti Noor Afera Abu

KUALA LUMPUR, March 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) extended its decline at Tuesday’s closing, reflecting increased volatility and mirroring the sharp sell-off in US equities as global risk aversion intensified.

IOI Properties To Unveil Senna Exchange, Sepang's Next Commercial Address

KUALA LUMPUR, March 10 (Bernama) -- IOI Properties Group Bhd (IOIPG) is set to unveil Senna ExChange, the first commercial offering in its signature township of Senna Puteri in Salak Tinggi, Selangor.

PDB To Reply To Bursa's Show-cause Notice With Strong Growth Prospects

KUALA LUMPUR, March 10 (Bernama) -- Pertama Digital Bhd (PDB) has undergone substantial progress in recent months, from securing key funding to executing strategic acquisitions and collaborations that position the company for long-term growth.

PIF’s Interest In AirAsia Signals Confidence In Growth, AirAsia Remains Tight-lipped

KUALA LUMPUR, March 9 (Bernama) --  Saudi Arabia’s Public Investment Fund (PIF) interest in AirAsia signals confidence in the low-cost carrier’s financial prospects, with aviation analysts predicting substantial growth should the investment proceed.

OPR Decision Expected, Current Policy Stance Supports Economic Growth - MIDF, RHB IB

KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3.00 per cent during the March 2025 monetary policy meeting is broadly expected, emphasising the current conducive policy stance to sustain economic growth.

OPR Aligns With Malaysia's Economic Prospects — BNM Governor

KUALA LUMPUR, March 6 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour following March’s Monetary Policy Committee meeting:  

BNM Maintains OPR At 3.0 Pct

KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its meeting today.

Sunway Construction Shares Rise 15 Sen At Mid-morning After Securing RTS TOD Contract

KUALA LUMPUR, March 6 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) shares rose at the mid-morning trading session after the company secured a RM1.5 billion contract for construction works related to the Rapid Transit System Transport Orientated Development (RTS TOD) project in Bukit Chagar, Johor.