| LATEST NEWS | Sunway Bhd proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share. | Sabah fully recovers from floods, last relief centre in Beaufort closed at 4 pm today - JPBN | One killed, nine injured in compressor explosion at private university - KL CPO | Nine people, including four students, injured in compressor explosion at private university in Bukit Damansara - KL police chief | Rapid Bus will receive 250 electric buses, including 75 for Rapid Penang expected to arrive in March - Loke | |
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat about IHH Healthcare Bhd’s strategic plan for both organic and inorganic growth over the mid-to-long term.
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Nov 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit for the third quarter (3Q) of 2024 rose to RM21.55 million from RM17.55 million last year.
KUALA LUMPUR, Nov 26 (Bernama) --Leong Hup International Bhd’s net profit rose to RM135.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM132.96 million in the same period last year on stronger performance in the Philippines and Vietnam.
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira.
KUALA LUMPUR, Nov 25 (Bernama) -- Gas Malaysia Bhd posted a higher net profit of RM115.99 million for the third quarter ended Sept 30, 2024, (3Q FY2024) compared to RM86.16 million in the same quarter last year.
KUALA LUMPUR, Nov 22 (Bernama) -- Investment in oil and gas exploration has plummeted two-thirds in the last decade, but according to Wood Mackenzie's latest Horizons report, the sector remains crucial for decarbonisation and providing advantaged barrels in the energy transition.
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia opened higher today, tracking the better overnight performance on Wall Street bolstered by Nvidia’s strong earnings.
