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Able Global's Intraday Short Selling Suspended

KUALA LUMPUR, Feb 13 (Bernama) -- Intraday short selling (IDSS) of Able Global Bhd’s shares has been suspended for the rest of the day after its last done price dropped by more than 15 per cent or 15 sen from its reference price.

AirAsia X Passengers Surge 41 Pct To Over Four Mln In 2024

KUALA LUMPUR, Feb 13 (Bernama) -- AirAsia X Bhd's passengers rose by 41 per cent to over four million in 2024, with passenger load factor rising by three percentage points to 83 per cent versus a year ago.

Malaysia’s Property Sector Resilient In 2025, Driven By Strong Demand And Key Catalysts – MIDF

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s property sector is expected to remain resilient in 2025, driven by sustained buying interest, a declining property overhang, and key catalysts such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Johor Bahru-Singapore Rapid Transit System (RTS), said a research house.

Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research

KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research). 

Bursa Malaysia Opens Marginally Lower, Hot US Inflation Reading Weighs

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia was marginally lower in early trade Thursday as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.

FBM KLCI Futures Higher In Early Session

KUALA LUMPUR, Feb 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives were firmer in early trading today.

Ringgit Opens Firmer Against Greenback As DXY Remains Muted 

By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran

KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.

Downstream Agricommodity Sector Records GDP Of RM30.1 Bln Up To 3Q 2024

KUALA LUMPUR, Feb 12 (Bernama) -- The downstream agricommodity sector recorded a gross domestic product (GDP) of RM30.1 billion in the first three quarters of last year, an increase of 6.7 per cent compared to the same period in 2023.

Muafakat Between Indonesia, Malaysia Must Extend Beyond Economic Collaboration

SHAH ALAM, Feb 12 (Bernama) -- Indonesia and Malaysia’s muafakat must extend beyond economic collaboration to include enhanced cybersecurity, counterterrorism efforts, and maritime security in the Indo-Pacific region, said Senior Political Secretary to the Prime Minister, Datuk Seri Shamsul Iskandar Mohd Akin. 

PUMP Offers Opportunities For Sabahans to Venture Into Automotive Industry 

KOTA KINABALU, Feb 12 (Bernama) -- Majlis Amanah Rakyat (MARA), through the MARA-Petronas Automotive Entrepreneur Development Programme (PUMP), is providing more opportunities for local entrepreneurs in Sabah to venture into the automotive industry in the state.

222 Bumiputera MSMEs Benefit From RM34.44 Million In BEEP Grants Up To Dec 2024 - MECD

KUALA LUMPUR, Feb 12 (Bernama) -- A total of 222 Bumiputera micro, small, and medium enterprises (MSMEs) have benefited from the Bumiputera Enterprise Enhancement Programme (BEEP) under SME Corporation Malaysia with grant approvals totalling RM34.44 million, up to December 2024.

ASEAN To Tackle Energy Transition Through Regional Cooperation - Amir Hamzah

KUALA LUMPUR, Feb 12 (Bernama) -- The energy transition is a global challenge, and ASEAN has the capability and resources to address it collectively, said Minister of Finance II, Datuk Seri Amir Hamzah Azizan.