Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.

Ringgit Edges Higher Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit edged higher at the close against the US dollar on Wednesday as traders and investors remain guarded ahead of a crucial week, said an analyst.

Budget 2025 To Drive Construction Sector Productivity -- MPC

KUALA LUMPUR, Oct 30 (Bernama) -- Budget 2025 has brightened the construction sector prospects with a focus on developing quality infrastructure, strengthening strategic investments, and ensuring that all sectors function in an inclusive and sustainable manner.

LPI Capital Net Profit Rises To RM123.94 Mln In Third Quarter

KUALA LUMPUR, Oct 29 (Bernama) -- LPI Capital Bhd’s net profit for the third quarter rose to RM123.94 million from RM97.92 million in the same quarter last year.

eXp Realty Expands Into Three Markets Next Year To Solidify Global Presence 

KUALA LUMPUR, Oct 29 (Bernama) -- eXp Realty, the largest independent global real estate brokerage and a core subsidiary of eXp World Holdings Inc, announced its expansion into three vibrant markets, namely Türkiye, Peru, and Egypt, set for 2025.

ACE Debutante OB Holdings Eyes Doubling Production Capacity By 2026

KUALA LUMPUR, Oct 29 (Bernama) -- OB Holdings Bhd aims to double its production capacity by 2026 with the completion of its new factory in Serendah, Selangor.

Research Houses Reiterate 'Buy' Call On Mah Sing On Data Centre Joint Development

KUALA LUMPUR, Oct 29 (Bernama) -- Research houses have reiterated their “buy” call on Mah Sing Group Bhd after the company signed a second collaboration agreement with Bridge Data Centres Malaysia VII (BDC) for the joint development of data centres (DCs).

Bursa Ends Lower On Heightened Caution In Data-heavy Week, Ahead Of US Election

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended lower on Monday as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook and the crisis in the Middle East.

ACE Market-Bound Supreme Consolidated Aims To Raise RM17.5 Mln From IPO

KUALA LUMPUR, Oct 28 (Bernama) -- Supreme Consolidated Resources Bhd (SCRB) which is transferring its listing from the LEAP Market to the ACE Market of Bursa Malaysia, aims to raise RM17.5 million through the initial public offering (IPO).

Rubber Market Ends Mixed In Tandem With Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 25 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, taking its cue from the mixed regional rubber futures markets, a dealer said.

CPO Futures Close Higher On Expectation Of Weaker Production

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday due to expectation of weaker production in the coming weeks, a trader said. 

Main Market-bound Life Water Eyes Sarawak, Brunei Markets With RM63.42 Mln IPO

By Fatin Umairah Abdul Hamid

KOTA KINABALU, Oct 22 (Bernama) -- Sabah beverage manufacturer Life Water Bhd plans to use the proceeds of its upcoming listing on the Main Market of Bursa Malaysia to expand into Sarawak and Brunei.