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KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).
KUALA LUMPUR, May 4 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is likely to moderate to 4.2 per cent this year, compared with 5.2 per cent in 2025, driven by growing domestic demand alongside still-resilient external demand, according to MBSB Investment Bank Bhd (MBSB IB).
By Danni Haizal Danial Donald
KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.
KUALA LUMPUR, May 4 (Bernama) -- Malaysia’s manufacturing purchasing managers’ index (PMI), which rose to 51.6 in April 2026, signals a firm near-term outlook driven mainly by precautionary stockpiling rather than strong end-demand, said Kenanga Investment Bank Bhd.
KUALA LUMPUR, May 4 (Bernama) -- A company secretary has been fined RM50,000 for anti-money laundering violations and for providing false information to the Registrar of Companies.
KUALA LUMPUR, May 4 (Bernama) -- Modon, an Abu Dhabi-headquartered international holding company, has announced the sell-out of Tara Park on Reem Island, with the project generating nearly two billion Emirati dirham in sales. (100 Emirati dirham = RM107.65)
KUALA LUMPUR, May 4 (Bernama) -- LyondellBasell (LYB) announced it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA, marking a key milestone in its strategic review of operations in the region.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, May 4 (Bernama) -- The rubber market closed mixed on Monday amid a stronger ringgit against the US dollar and higher crude oil prices, a dealer said.
By Siti Noor Afera Abu
KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia ended at an intraday high on broad-based buying, reflecting improving sentiment on the local front, analysts said.
KUALA LUMPUR, May 4 (Bernama) -- OTC Markets Group, an operator of regulated markets for more than 12,000 United States (US) and international securities, has appointed JP Chan as Senior Vice President and Regional Head for Asia-Pacific (APAC) as it expands its presence in the region.
ISKANDAR PUTERI, March 4 (Bernama) -- Malaysia needs to shift from being perceived mainly as a trading nation to a technology-driven country by striving to produce its own technological innovations in order to tackle the issue of low wages in the country.
By Jailani Hasan
LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.
