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IILM: US$710 Mln Short-term Sukuk Oversubscribed By 2.15 Times

KUALA LUMPUR, Feb 18 (Bernama) -- The International Islamic Liquidity Management Corp (IILM) has completed the reissuance and issuance of an aggregate of US$710 million (US$1=RM4.440) short-term sukuk, spread across two different tenors: one-month and three-month maturities.

Gas Malaysia Posts Higher Net Profit Of RM441.39 Mln For FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Gas Malaysia Bhd posted a higher net profit of RM441.39 million for the financial year ended Dec 31, 2024 (FY2024), up from RM383.40 million a year ago.

APAC Set To Become World's Most Competitive Aviation Market, Outperforms 2019 Capacity - OAG

KUALA LUMPUR, Feb 18 (Bernama) -- The Asia-Pacific (APAC) region is on track to solidify its position as the world’s most competitive aviation market in 2025, having surpassed 2019’s total capacity by 0.5 per cent in 2024, according to the latest analysis by travel data provider OAG.

MAHB Board Resigns Effective On Date Of Bursa Delisting

KUALA LUMPUR, Feb 18 (Bernama) -- With Malaysia Airports Holdings Bhd (MAHB) set to be delisted from Bursa Malaysia following its takeover by the Khazanah Nasional Bhd-led Gateway Development Alliance Sdn Bhd (GDA), all five independent non-executive directors (INEDs) have tendered their resignations, effective on the delisting date.

HLIB Expects Malaysia To Withstand Impact Of US Trade Tensions

KUALA LUMPUR, Feb 17 (Bernama) -- Hong Leong Investment Bank (HLIB) expects Malaysia to withstand the impact of renewed US trade tensions even as President Donald Trump moves to reintroduce tariffs. 

Local Institutions Boost Bursa Malaysia For 17th Consecutive Week - MIDF

KUALA LUMPUR, Feb 17 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 17th consecutive week, with net purchases totalling RM77.9 million in domestic equities last week, according to MIDF Amanah Investment Bank Bhd.

Bursa Malaysia Opens Slightly Higher But Turns Lower Thereafter

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia opened slightly higher but turned lower thereafter, weighed by cautious sentiment following mixed Wall Street’s Friday performance.

Thai PM: Economic Corridor Crucial To US$30 Bln Trade Target With Malaysia

KUALA LUMPUR, Feb 15 (Bernama) -- Thailand and Malaysia are accelerating efforts to unlock the full potential of cross-border trade and investment, aiming to establish a thriving economic corridor along their shared border.

Headline, Core Inflation Edge Lower To 1.8 Pct In 2024

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.

KWAP Achieves Record-high Investment Income Of RM18.0 Bln In 2024

KUALA LUMPUR, Feb 13 (Bernama) -- The Retirement Fund Inc (KWAP) recorded its highest-ever investment income of RM18.0 billion in 2024, with an overall return of 12.0 per cent.

Malaysia's Natural Rubber Production Fell 5.1 Pct In December 2024 To 38,299 Tonnes -- DOSM

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell 5.1 per cent to 38,299 tonnes in December 2024, compared to 40,341 tonnes in November 2024, according to the Department of Statistics Malaysia (DOSM).

Access To Financing Among Challenges For Gas Industry In Transitioning To Cleaner, Sustainable Energy

KUALA LUMPUR, Feb 13 (Bernama) -- The gas industry needs to address the right challenges especially in securing access to financing, while transitioning towards cleaner and more sustainable energy.