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KUALA LUMPUR, Dec 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade higher next week, tracking gains in US Commodity Exchange (COMEX) gold, as investors position ahead of key economic data.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia is likely to consolidate its recent gains and trade within a narrow range next week as investors unwind tactical positions after this week’s strong performance.
KUALA LUMPUR, Dec 19 (Bernama) -- The International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance reflects the nation’s prudent fiscal management, strong domestic demand, and commitment to structural reforms under the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Dec 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed the International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance, emphasising that the government’s priority remains ensuring economic stability is managed responsibly.
From Zufazlin Baharuddin
JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s transition to clean energy will only succeed with a power grid that is stronger, smarter and capable of supporting significantly higher levels of renewable energy (RE), Tenaga Nasional Bhd (TNB) chief strategy and ventures officer Ir Dr Mohd Fadzil Mohd Siam said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia ended the week sharply higher, climbing to an almost 15-month high and surpassing its previous peak of 1,660.09 recorded on Sept 27, 2024, as domestic sentiment improved ahead of year-end portfolio flows.
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia has shown notable resilience against global trade tensions and policy uncertainty with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global tech-sector upcycle.
KUALA LUMPUR, Dec 19 (Bernama) -- Fushi Technology, an artificial intelligence (AI) services provider for merchants and consumers in Asia, has officially launched its customer relationship management (CRM) membership management product for Jumbo, a Singapore-founded seafood restaurant chain.
KUALA LUMPUR, Dec 19 (Bernama) -- The lack of large-capitalisation (large-cap) companies with sufficient liquidity is one of the major challenges making Bursa Malaysia less attractive to foreign investors compared with its regional peers, said Permodalan Nasional Bhd (PNB).
KUALA LUMPUR, Dec 19 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.75 sen per unit for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2025 (FY2025).
