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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Over 150 Industry Leaders Attend MIDA-ALP Forum On Future Of Supply Chains

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s supply chain and logistics industry received a boost today as over 150 industry leaders convened for the “Future of Supply Chains: Optimising, Planning, and Automating for Success” forum, co-organised by the Malaysian Investment Development Authority (MIDA) and Ally Logistic Property (ALP).

Malaysia’s RM4 Trillion Capital Market Propels Growth For Businesses, Investors - Wahid Omar

From D.Arul Rajoo

LONDON, Jan 16 (Bernama) -- Malaysia’s RM4 trillion equity and debt capital market is well-positioned to support the country’s growth, enabling businesses and investors to leverage and benefit from emerging opportunities, Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said today.

JS-SEZ Set To Become Key Platform And Gateway For Southeast Asian Investment, Says State Exco

ISKANDAR PUTERI, Jan 16 (Bernama) -- The Johor state government is committed to the success of the Johor-Singapore Special Economic Zone (JS-SEZ) initiative, which is seen as a platform or gateway for investment in Southeast Asia.

Ringgit Weakens Against Us Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit eased against the US dollar at the close today on lack of buying momentum. 

Hextar Industries To Soft Open 5 Luckin Coffee Outlets This Month

KUALA LUMPUR, Jan 16 (Bernama) -- Hextar Industries Bhd, through its subsidiary Global Aroma Sdn Bhd (GASB), is set to launch a soft opening for five Luckin Coffee outlets by the end of this month.

Bursa Malaysia Ends Lower On Heavy Foreign Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia gave up early gains to end at an intraday low on Thursday due to massive foreign selling, and bucking the regional trend in the process.

Cyberview Eyes Next Decade Of Empowering Entrepreneurs As CLLA Programme Celebrates 10th Anniversary

CYBERJAYA, Jan 16 (Bernama) -- Cyberview Sdn Bhd is looking forward to another decade of empowering entrepreneurs, with the far-reaching impact of initiatives like the Cyberview Living Lab Accelerator (CLLA) programme continuing to resonate across industries and borders.

Uni-Fuels Makes Landmark Nasdaq Debut As Singapore’s First Marine Fuel Provider Listed

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), announced the completion of its initial public offering (IPO) on the Nasdaq Stock Market, becoming the first Singapore-based marine fuel provider to be listed in the United States.

Innovation In Focus: AM Best To Present At 18th India Rendezvous

KUALA LUMPUR, Jan 16 (Bernama) -- AM Best Executive Vice President and Chief Strategy Officer, Andrea Keenan, is set to deliver a presentation titled “Innovation is in Insurance’s DNA” at the 18th India Rendezvous, scheduled for Jan 20 to 22 at the JW Marriott Mumbai Juhu in Mumbai, India.

Uni-Fuels Raises US$8.4 Mln In Successful IPO Closing

KUALA LUMPUR, Jan 16 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) has successfully closed its underwritten initial public offering (IPO) of 2,100,000 Class A Ordinary Shares at a public offering price of US$4.00 per share, raising total gross proceeds of US$8.4 million before underwriting discounts and commissions. (US$1 = RM4.49)

FSBM Signs MoUs With VisionTech And Cydentiq To Advance AI, Cybersecurity Solutions

KUALA LUMPUR, Jan 16 (Bernama) -- IT services company FSBM Holdings Bhd, through its subsidiary FSBM I-Design Sdn Bhd, has signed two memorandums of understanding (MOUs) with VisionTech Pte Ltd and Cydentiq Sdn Bhd to develop advanced artificial intelligence (AI) and cybersecurity solutions.

Ringgit Opens Slightly Higher Vs USD

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.