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COP29: TNB Committed To Driving Malaysia's Energy Transition Goals

From Samantha Tan Chiew Tieng

BAKU (Azerbaijan), Nov 19 (Bernama) -- Tenaga Nasional Bhd (TNB) is committed to supporting Malaysia’s energy transition goals under the National Energy Transition Roadmap (NETR), which aims to achieve net-zero carbon emissions by 2050.

MIDF Amanah Downgrades CelcomDigi To 'Neutral'

KUALA LUMPUR, Nov 19 (Bernama) -- MIDF Amanah Investment Bank Bhd has downgraded CelcomDigi Bhd to a “neutral” call with a lower target price of RM3.53 based on the telecommunications company’s third quarter of 2024 (3Q 2024) results. 

Bursa Malaysia Opens Lower On Fed Rate Caution

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia’s key index opened lower today, tracking Wall Street’s mixed overnight performance, as sentiment remained cautious over the US Federal Reserve’s (Fed) interest rate trajectory.  

Ringgit Rises On US Dollar Correction

KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against a weakening US dollar today as the Dollar Index (DXY) experienced a correction, said an analyst. 

US-China Trade War Can Boost Malaysia's Chances To Be Multinational Investment Destination - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The new leadership change in the United States (US) is expected to affect the global trade landscape, particularly in trade relations between the United States and China.

Govt Provides Incentives For EV Charging Infrastructure Development - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The government will continue to provide incentives for the development of electric vehicle (EV) charging infrastructure, even though these incentives were not specifically mentioned in Budget 2025.

Govt Offers Various Initiatives, Incentives To Drive Local Automotive Industry - MITI

KUALA LUMPUR, Nov 18 (Bernama) -- The government has introduced various initiatives and incentives to enhance the capacity of the local automotive industry, aiming to increase exports of vehicles, including spare parts and components, according to the Ministry of Investment, Trade, and Industry (MITI).

UEM Sunrise Gets Nod For Mixed-used Residential Project In Perth

KUALA LUMPUR, Nov 18 (Bernama) -- UEM Sunrise Bhd has secured development approval from Development WA, the Western Australian state government’s central land and development agency, for its Subiaco East mixed-use residential project in Perth.

Swift Energy Inks Underwriting Agreement For ACE Market IPO

KUALA LUMPUR, Nov 18 (Bernama) -- Swift Energy Technology Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

RAM Ratings Affirms Manulife Holdings' AA2/Stable/P1 Ratings

KUALA LUMPUR, Nov 18 (Bernama) -- RAM Rating Services Bhd has affirmed Manulife Holdings Bhd’s corporate credit ratings (CCRs) of AA2/Stable/P1.

Bursa Malaysia Rebounds On Bargain Hunting After Two Days Of Losses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.

Ewon Urges Sabah Govt To Hold At Least 30 Pct Equity In Investments

KOTA KINABALU, Nov 18 (Bernama) -- The Sabah government is encouraged to hold at least 30 per cent equity in domestic investment projects to empower the economy of the state, said Datuk Ewon Benedick (PH-Kadamaian).