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Malaysia Strengthens Its Position As Leading Foreign Investment Destination - Fahmi

PUTRAJAYA, Jan 15 (Bernama) – Malaysia continues to strengthen its position as a leading foreign investment destination even as the Abu Dhabi Investment Authority (ADIA) expresses its commitment to increase investments in Malaysia, said Communications Minister Fahmi Fadzil.

Oriental Kopi IPO Oversubscribed 60 Times Ahead Of ACE Market Debut

KUALA LUMPUR, Jan 14 (Bernama) -- Food and beverage (F&B) chain operator Oriental Kopi Holdings Bhd’s initial public offering (IPO) has been oversubscribed by approximately 60 times.  

Asia-Pacific Airports Soar To New Heights In Global Rankings, Says OAG

KUALA LUMPUR, Jan 14 (Bernama) -- Asia Pacific airports have demonstrated impressive growth in global rankings, showcasing the region's robust recovery in 2024, according to OAG, a data platform for the global travel industry.

Bursa Malaysia's 4Q Net Profit Expected To Be Weaker On Lower Datv -- Aminvestment Bank

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.

Malaysia, UAE Cooperation Expected To Include AI And Data Centre Investment During Anwar's Visit

From Kamarul Ariffin Md Yasin

ABU DHABI, 12 Jan (Bernama) -- The fields of artificial intelligence (AI) and data centres offer potential cooperation and investment opportunities for Malaysia and the United Arab Emirates (UAE).

Ringgit Likely To Face Cautious Trading Next Week

By Zarul Effendi Razali

KUALA LUMPUR, Jan 11 (Bernama) -- The ringgit is expected to trade at around RM4.50 to the US dollar next week, with investors being cautious ahead of the US inflation report as well as a series of speeches by US Federal Reserve (Fed) officials scheduled during the period. 

TNB Western Energy Files Judicial Review To Challenge RM291.55 Mln Tax Assessment

KUALA LUMPUR, Jan 10 (Bernama) -- TNB Western Energy Bhd (TNB WE), an indirect wholly owned subsidiary of Tenaga Nasional Bhd (TNB) via TNB Manjung Five Sdn Bhd, has filed a judicial review at the High Court of Malaysia to challenge a RM291.55 million tax assessment for the 2018 assessment year.

Johari Ghani To Officiate Pakistan Edible Oil Conference In Karachi

KUALA LUMPUR, Jan 9 (Bernama) -- The Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani, will embark on an official visit to Pakistan today to officiate the Pakistan Edible Oil Conference (PEOC) in Karachi, scheduled for Jan 11.

CPO Futures End Lower Amidst Uncertain Market Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, as market sentiment and fundamentals remained uncertain, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Synchronoss Technologies To Present At Investor Conferences This Month

KUALA LUMPUR, Jan 8 (Bernama) -- Synchronoss Technologies Inc (Synchronoss) has announced its President and Chief Executive Officer, Jeff Miller, alongside Chief Financial Officer, Louis Ferraro, will be speaking at two upcoming investor conferences.

FBM KLCI Continues Slide, Mirroring Weaker Regional Performance

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.

Ace Market-bound Oriental Kopi Plans To Raise RM184 Mln From IPO

KUALA LUMPUR, Jan 6 (Bernama) -- Food and beverage (F&B) services cafe chain operator Oriental Kopi Holdings Bhd, en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM184 million through its initial public offering (IPO).