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Ringgit Closes Slightly Lower Vs US Dollar, Stays Defensive Despite Fed Concerns

KUALA LUMPUR, July 16 (Bernama) -- The ringgit slipped 0.01 per cent against the US dollar at the close, as the local note continued trading on the defensive today, which offered some technical comfort for the ringgit.

Malaysia’s Haloje Delivery To Launch In Singapore Following Indonesian Expansion

JAKARTA, July 16 (Bernama) -- Malaysia-based delivery platform Haloje Delivery is set to enter the Singapore market next month, following its recent expansion into Indonesia, said its founder and director Jalluddin Abu Hassan.

MITI’s AI Chip Export Rule To Have No Impact On Data Centres -- MIDF

KUALA LUMPUR, July 15 (Bernama) -- MIDF Amanah Investment Bank Bhd believes that data centres will not be affected by the Ministry of Investment, Trade and Industry’s (MITI) latest directive on artificial intelligence (AI) chips.

BESS Key To Malaysia’s Grid Stability, Says Aurora Energy Research

KUALA LUMPUR, July 4 (Bernama) -- As Peninsular Malaysia’s solar capacity surpasses 2.5 gigawatt (GW) in 2025, grid challenges from intermittent generation are becoming more pronounced, according to global consultancy and analytics firm, Aurora Energy Research.

Samaiden's Land Acquisition Signals Long-term Solar Ambition -- MIDF

KUALA LUMPUR, July 2 (Bernama) -- Samaiden Group Bhd’s recent acquisition of two parcels of agricultural land in Teluk Intan, Perak, underscores its strategic intent to capitalise on Malaysia’s long-term renewable energy growth, said MIDF Amanah Investment Bank Bhd (MIDF).

Gamuda Shares Rise On Landmark Tasmania Renewable Energy Deal

KUALA LUMPUR, July 2 (Bernama) -- Gamuda Bhd’s shares gained traction in early trade on Wednesday, following the signing of a landmark agreement with Tasmanian landowners to co-develop large-scale renewable energy projects.

HLIB Expects Fiscal Deficit To Narrow To 3.8 Pct in 2025

KUALA LUMPUR, June 26 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects the fiscal deficit to be narrowed to 3.8 per cent this year (2024: -4.1 per cent), as announced in Budget 2025.

Malaysia's Data Centre Sector Remains Positive -- MIDF Amanah

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's data centre sector remained positive amid a recent report alleging that Chinese firms were training their artificial intelligence (AI) models at a data centre here that is powered by Nvidia chips, said MIDF Amanah Investment Bank Bhd.

FGV Holdings' Share Price Eases Amid News Of Felda's Privatisation Plan

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 17 (Bernama) -- FGV Holdings Bhd’s share price was lower in the early trade amid recent news about its privatisation plans by the Federal Land Development Authority (Felda). 

Felda Dispatches Offer Documents For FGV Privatisation Plan, Closing July 7

KUALA LUMPUR, June 16 (Bernama) -- The Federal Land Development Authority (Felda) today said it has dispatched the offer documents for its plan to privatise FGV Holdings Bhd, with the offer closing at 5 pm on Monday, July 7, 2025, unless extended.

Rafizi Bids Farewell, Praises Five Officers Behind Economic Reforms

KUALA LUMPUR, June 13 (Bernama) -- Economy Minister Rafizi Ramli on Friday expressed his appreciation to five policy officers at the ministry who played a key role in supporting his efforts to advance national economic initiatives.

SST: Property Sector To Be Cushioned By Demand For Industrial Properties -- RHB

KUALA LUMPUR, June 12 (Bernama) -- The overall impact of the revised sales and service tax (SST) on the property sector can be cushioned by the “healthy” demand for industrial properties, said RHB Investment Bank Bhd.