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FBM KLCI Futures Close Mixed

KUALA LUMPUR, Sept 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended mixed today.

Labuan’s Megah Port Management Strengthens Govt Collaboration To Boost Operations

LABUAN, Sept 25 (Bernama) -- Labuan’s containerised port operator Megah Port Management Sdn Bhd (MPM) has increased collaboration with government agencies to ensure seamless port operations.

Accumulated Fixed Asset Investment Up 3.0 Pct To Rm5.60 Trn In 2023 -- Dosm

KUALA LUMPUR, Sept 25 (Bernama) -- Malaysia’s accumulated fixed asset investment, or gross capital stock (GKS), grew 3.0 per cent year-on-year (y-o-y) to RM5.60 trillion in 2023, the Department of Statistics Malaysia (DoSM) said.

CIMB Securities Expects MCMC To Announce Second 5G Network Winner Next Week

KUALA LUMPUR, Sept 25 (Bernama) -- CIMB Securities Sdn Bhd expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum for the second 5G network (under Entity B) next week, two months after the telcos’ submission of applications on July 31.

AirAsia Drone-GIT Academy Partnership to Equip Tourist Guides with Drone Piloting Skills

PUTRAJAYA, Sept 25 (Bernama) -- AirAsia Drone has partnered GIT Academy, one of Malaysia's oldest tourist guide training academies to equip licensed tourist guides with essential drone piloting knowledge.

RHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil Prices

KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices.

Bursa Malaysia Opens Higher On Strong Global Sentiment 

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia extended its positive momentum this morning, buoyed by favourable global market sentiment, according to an analyst.

Ringgit Extends Gains Against Greenback On US Economic Concerns

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit maintained its upward momentum against the US dollar at today’s opening, breaking through the RM4.14 level for the first time since November 2021, an economist said.

IATA's Updated Net Zero Roadmaps Establish The Feasibility Of Energy Transition By 2050

KUALA LUMPUR, Sept 24 (Bernama) -- The International Air Transport Association (IATA) has released updated Policy and Finance Net Zero Roadmaps, which among others conclude that the air transport industry’s energy transition is feasible on the 2050 horizon.

Magma Proposes Capital Reduction, Land Acquisition, Amendment Of Group's Constitution

KUALA LUMPUR, Sept 24 (Bernama) -- Magma Group Bhd (formerly known as Impiana Hotels Bhd) has proposed to undertake a reduction of its share capital pursuant to Section 116 of the Companies Act, 2016. 

Malaysia And Indonesia Discuss Cooperation In MSME And Cooperative Development

PUTRAJAYA, Sept 24 (Bernama) -- Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick held discussions with his Indonesian counterpart, Minister of Cooperatives and Small and Medium Enterprises, Teten Masduki, on bilateral cooperation in cooperative development and micro, small, and medium enterprises (MSMEs).

Batik Air To Launch New Penang-Jakarta Route In October

KUALA LUMPUR, Sept 24 (Bernama) -- Batik Air is set to launch its new route between Penang International Airport and Soekarno-Hatta International Airport in Jakarta starting Oct 1.