Bursa Malaysia Opens Marginally Higher On Cautious Trading

KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia opened marginally higher on cautious trading ahead of Budget 2025 to be tabled later today, analyst said.

Bursa Malaysia Closes Higher On Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting stepped in after yesterday's decline, while investors shrugged off the overall regional market weakness, said an analyst.

Cebu Pacific Set For Robust Growth In 2025, Buoyed By Lower Fuel Costs, Strategic Expansion

By Kisho Kumari Sucedaram

MANILA, Oct 17 (Bernama) -- Cebu Pacific, the Philippines’s low-cost carrier, is poised for significant growth next year, buoyed by declining fuel prices, appreciation of the Philippine peso and strategic expansion of its fleet and route network.

AITO Presents Outstanding SUVs Lineup At Paris Motor Show 2024

KUALA LUMPUR, Oct 16 (Bernama) -- AITO, a high-end intelligent electric vehicle brand, has appeared at the Paris Motor Show 2024, displaying an outstanding lineup of three luxury Range Extended Electric Vehicles (REEVs).

Bursa Malaysia Ends Morning Session Lower On Profit-taking

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by profit-taking as markets digested the latest corporate earnings in the United States (US), analysts said. 

Infrastructure Projects to Dominate Malaysia's Construction Sector - RHB IB

KUALA LUMPUR, Oct 16 (Bernama) -- Infrastructure project flows will dominate Malaysia’s construction industry in the coming months as year-to-date (YTD) contract flows from the government have exceeded from last year, said RHB Investment Bank Bhd (RHB IB).

AirAsia Aims To Propel KLIA As World's Leading Aviation Megahub And Position ASEAN As The Next Dubai

SEPANG, Oct 15 (Bernama) -- AirAsia has reaffirmed its commitment to driving ASEAN connectivity and elevating the region’s status as a global transit point, much like how Dubai is recognised for international air travel and trade.

Banking Industry Seeks Well-balanced Strategic Initiatives In Budget 2025 - RHB

KUALA LUMPUR, Oct 13 (Bernama) -- RHB Banking Group has expressed optimism about Budget 2025, expecting it to deliver well-balanced strategic initiatives that address both immediate economic needs and lay a strong foundation for future growth.

Top Glove’s Sales Growth Momentum To Sustain Into 2025 - RHB Research

KUALA LUMPUR, Oct 11 (Bernama) -- Top Glove Corporation Bhd’s sales volume growth momentum is expected to be sustained into 2025 due to increased inventory restocking and potential shifts in trade caused by United States (US) tariffs on China, said RHB Research.

RHB Bank Net Interest Margin Seen Higher In Third Quarter

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Bank Bhd’s net interest margin (NIM) for the third quarter of 2024 (3Q2024) is expected to surpass the 1.89 per cent recorded in the second quarter, driven by a recent 10 basis points (bps) reduction in board fixed deposit rates and easing deposit competition, among other factors.

RHB Positive On Guan Chong MoU With Ivory Coast's CCC, Maintains 'Buy' Call

KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI). 

AHB Announces 5.00 Sen Income Distribution For Full-Year 2024

KUALA LUMPUR, Oct 9 (Bernama) -- Amanah Hartanah Bumiputera (AHB) has set its final income distribution for the six-month period ended Sept 30, 2024 at 2.50 sen per unit, bringing the total distribution to five sen per unit for the full year of 2024.