9m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 24 (Bernama) -- The ringgit closed stronger against the US dollar on weaker greenback demand, amid a decline in investor confidence due to ongoing US-China trade tensions and a lack of progress in negotiations.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia extended yesterday’s uptrend to close on a firmer footing today, staying above the 1,500 mark, supported by improving market sentiment amid easing US-China trade tensions, despite mixed performances across regional markets.
9m ago
KUALA LUMPUR, April 24 (Bernama) -- IJM Corp Bhd has completed the acquisition of a 50 per cent equity stake in UK-based contractor JRL Group Holdings Ltd for £50 million (approximately RM283 million), through the subscription of new ordinary shares.
9m ago
KUALA LUMPUR, April 24 (Bernama) -- Tenaga Nasional Bhd (TNB) has more than doubled its budgeted capital expenditure (capex) to RM42.9 billion — comprising RM26.6 billion in base capex and RM16.3 billion in contingent capex — to support infrastructure development for Malaysia’s energy transition.
9m ago
KUALA LUMPUR, April 24 (Bernama) -- U Mobile Sdn Bhd has signed a term sheet agreement to appoint Celcom Timur Sabah (CT Sabah) to deploy 5G leased circuits in Sabah and the Federal Territory of Labuan.
9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 23 (Bernama) -- As Malaysia embarks on one of the most ambitious reforms to its economic framework in recent decades, the issue of targeted subsidy for diesel has taken centre stage.
9m ago
KUALA LUMPUR, April 23 (Bernama) -- IGB Real Estate Investment Trust (REIT) posted a higher net profit of RM106.58 million for the first quarter ended March 31, 2025 (1Q 2025) from RM99.61 million in 1Q 2024.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia rebounded from yesterday’s downbeat performance to end at its intraday high today, driven by bargain hunting, particularly in technology, energy, construction, and consumer stocks.
9m ago
KUALA LUMPUR, April 23 (Bernama) -- Ferrotec Holdings Corporation, a global supplier of materials, components and precision system solutions, has launched its second high-tech manufacturing facility in Kulim, Kedah, with an investment of nearly RM1 billion (US$226 million).
9m ago
KUALA LUMPUR, April 23 (Bernama) -- As tensions between the United States (US) and China extend beyond traditional economic fronts, a new battleground has emerged — one defined not by tariffs or trade deficits, but by algorithms and viral videos.
9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia’s benchmark index closed flat to settle at slightly below the 1,500-mark on Monday as investors balanced persistent global uncertainties with signs of underlying domestic resilience, said an analyst.
9m ago
KUALA LUMPUR, April 21 (Bernama) -- The Hong Kong Trade Development Council (HKTDC) is staging seven mega events, spanning lifestyle products and the licensing sector, this month, spotlighting Hong Kong's role as a creative and innovation hub.