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Malaysia's TIV For New Vehicle Sales Set To Fall To 755,000 Units In 2025 - CIMB Securities

KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.

Bursa Malaysia Opens Marginally Higher

By Anas Abu Hassan

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia opened marginally higher today, taking a cue from Wall Street’s positive performance prior to Christmas break, said an analyst.  

Cocoa, Pepper Continue Resilient Performance In 2024, Positive Outlook In 2025

KUALA LUMPUR, Dec 25 (Bernama) -- Cocoa and pepper continued their upward performance in 2024 driven by higher global demand and the government’s support towards the commodity’s growth.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).

Steady Buying Pushes FBM KLCI To Close Above 1,600-level

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia maintained its positive momentum to finish higher today and above the key psychological level of 1,600, supported by persistent buying in utilities and industrial blue chips, said an analyst.

MJets Air Buys A Freighter For US$4.6 Mln As Part Of Fleet Expansion Plan

KUALA LUMPUR, Dec 24 (Bernama) -- MJets Air Sdn Bhd, a subsidiary of MMAG Holdings Bhd (MMAG), has acquired a Boeing B737-400SF converted freighter for US$4.6 million (US$1=RM4.49) as part of its plan to expand its fleet to 13 aircraft by the end of 2025.

SME Sentiment Index Hits Record High In 2H 2024

KUALA LUMPUR, Dec 24 (Bernama) -- The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H 2024), up from 54.7 in the first half (1H 2024), according to SME Bank Malaysia Bhd.

FBM KLCI Higher At Midday, Tracking Key Regional Peers

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia ended the morning session higher, supported by positive cues from Wall Street and regional markets.

H2O.ai's h2oGPTe Agent Clinches Top Spot On GAIA Benchmark 

KUALA LUMPUR, Dec 24 (Bernama) -- The leader in open-source generative artificial intelligence (AI) and predictive AI platforms, H2O.ai, announced its h2oGPTe Agent has taken the top position on the General AI Assistants (GAIA) benchmark leaderboard with an unprecedented score of 65 per cent.

Ending Flat-rate Loan Calculations Can Curb Household Debt, Bankruptcy Risks -- Economists

KUALA LUMPUR, Dec 24 (Bernama) -- Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.

Bursa Malaysia Trends Higher In Early Trade

By Anas Abu Hassan

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia opened marginally higher today, tracking the positive movement of Wall Street's performance overnight, an analyst said.

Ringgit Edges Higher Against US Dollar Despite Stronger DXY

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, supported by improved buying sentiment for the domestic currency despite a stronger US Dollar Index (DXY).