Bursa Malaysia Ends Morning Session Lower
By Karina Imran
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia was lower at midday due to profit-taking in selected heavyweights, said an analyst.
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Govt Needs To Address Gaps In National Grids To Foster Renewable Energy Production
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian government should allocate more resources to improve the national grid and substations, said Singapore's Asiarecs Pte Ltd.
Bursa Malaysia Higher In Early Trade
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia continued its uptrend in the early trading session today, backed by the expectation of foreign fund inflows into the Malaysian equity market, according to an analyst.
Ringgit Kicks Off The Week In Steady Mode, Bullish Outlook Remains
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened almost flat on Monday and is expected to retain its bullish trend as the United States (US) Federal Reserve’s (Fed) rate cut last week signalled a soft landing for the US economic growth.
Labuan's Asian Supply Base Secures First International Client For Major Philippines Energy Project
LABUAN, Sept 22 (Bernama) -- Labuan-based Sabah state government-linked company (GLC) Asian Supply Base Sdn Bhd (ASB) has marked a significant international milestone by securing its first international client, the Philippines’ Prime Energy Resources Development BV.
MIHAS 2024 Awards Introduces Sustainability Category, Recognising Eco-friendly Practices
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 20 (Bernama) -- The prestigious Malaysia International Halal Showcase (MIHAS) 2024 Awards returns this year with a new category, the Sustainability Award, recognising efforts in the adoption of sustainable practices in the Halal industry.
AIBC Leadership To Boost ASEAN-India Trade, Investment Ties
KUALA LUMPUR, Sept 21 (Bernama) -- The newly appointed leadership of the ASEAN-India Business Council (AIBC) has reaffirmed its commitment to promote private sector cooperation in trade and investment, in line with the ASEAN Economic Community (AEC) Blueprint 2025.
FBM KLCI Futures Poised For Gains Next Week On Cash Market Strength
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is poised to rise next week, tracking an anticipated upward trend in the underlying cash market.
Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst.
Bursa Malaysia Set To Trend Higher Next Week
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.
Three Major Chinese Heavy Industry Firms Set To Establish Operations In Labuan
By Jailani Hasan
LABUAN, Sept 20 (Bernama) -- Three prominent China-based heavy industry companies are set to expand their operations to Labuan, recognising the island’s strategic potential as a key economic hub.
Ringgit The Clear Winner From FFR Cut, Pivots Vs USD
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is the clear winner from the 50 basis points (bps) cut to the United States federal funds rate (FFR), as it continued its appreciation against the greenback, said an analyst.