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Gold Futures Close Higher On Weaker US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday as the greenback weakened after US President Donald Trump's call for interest rate cuts.

Gamuda-Ferrovial JV Secures ECI Deal For Capricornia Pumped Hydroelectric Energy System

KUALA LUMPUR, Jan 24 (Bernama) -- Gamuda Bhd, in a joint venture with Ferrovial (GFJV), has inked an early contractor involvement (ECI) agreement with Capricornia Energy Hub (CEH) for its Capricornia Pumped Hydroelectric Storage System (PHES) in Central Queensland, Australia. 

Naza Eastern Motors Eyeing Five New Suzuki Outlets This Year

GEORGE TOWN, Jan 24 (Bernama) -- Naza Eastern Motors, the exclusive distributor of Suzuki Cars in Malaysia, is committed to expanding Suzuki Car’s presence, with five new outlets scheduled to open across the country this year.

Bursa Malaysia Ends Lower As Profit-Taking Persists

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia ended lower as profit-taking activities persisted for a second consecutive day as investors positioned themselves ahead of next week’s shortened trading schedule, said an analyst.

Proton Drives Sustainable Mobility Forward With e.MAS 7 Media Tour

By Abdul Hamid A Rahman

MELAKA, Jan 24 (Bernama) -- Proton Holdings Bhd has taken a significant step forward in sustainable mobility by introducing Malaysia’s first mass-produced electric vehicle (EV), the “e.MAS 7”, through its inaugural media drive. 

MRCB Unit In JV To Build 300-bed Hospital In Melaka

KUALA LUMPUR, Jan 24 (Bernama) -- Malaysian Resources Corporation Bhd’s (MRCB) unit, MRCB Land Sdn Bhd, is involved in a joint venture to construct a hospital in Melaka.

Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

AmBank: Malaysia's GDP Growth To Moderate To 4.6 Pct In 2025

KUALA LUMPUR, Jan 24 (Bernama) -- AmBank Group projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.6 per cent in 2025 compared to the estimated 5.0 per cent in 2024. 

Petronas Transfers Kebabangan Cluster PSC Sole Operatorship To ConocoPhillips

KUALA LUMPUR, Jan 24 (Bernama) -- Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd, a subsidiary of the global energy company ConocoPhillips.

Kuaishou Launches Kling AI's “Multi-Image Reference” Feature For AI Video Consistency

KUALA LUMPUR, Jan 24 (Bernama) -- Kuaishou Technology (Kuaishou), a content community and social platform, has announced the global launch of Kling AI’s “multi-image reference” feature, which aims to resolve a key challenge in artificial intelligence (AI) video generation—maintaining visual consistency.

Gobind Sees Promising Healthcare Partnership With China's Yidu Tech

KUALA LUMPUR, Jan 23 (Bernama) -- Digital Minister Gobind Singh Deo is hopeful that his productive discussion with healthcare data and artificial intelligence (AI) solutions company, Yidu Tech Inc., will lead to a valuable partnership that can transform Malaysia’s healthcare and medical infrastructure.

Economic Growth In 2025 To Be Driven By Domestic Demand, Investments -- Alliance Bank

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economy is poised for growth in 2025 as domestic demand is likely to strengthen further with sustained consumer spending and ongoing increase in investment activities, said Alliance Bank Malaysia Bhd.