11m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.
11m ago
KUALA LUMPUR, Jan 31 (Bernama) -- Citaglobal Bhd, through wholly-owned subsidiary Sinergi Dayang Sdn Bhd, is acquiring a piece of land measuring 6,410 sq metres (0.63 hectare) at Jalan Tun Razak, Kuala Lumpur, for RM73 million.
11m ago
By Anas Abu Hassan
KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia staged a rebound from early losses to end the holiday-shortened trading week on a positive note, albeit in thin trading, supported by renewed buying interest, said an analyst.
11m ago
KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.
11m ago
KUALA LUMPUR, Jan 31 (Bernama) -- The partnership between Weststar GAP Ltd and globally recognised oil and gas leader Santos Australia is a testament to the strong potential for enhanced trade and business ties between Malaysia, Timor-Leste and Australia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
11m ago
KUALA LUMPUR, Jan 31 (Bernama) -- Global air passenger demand reached a record high in 2024, with total traffic rising 10.4 per cent compared to the previous year, according to the International Air Transport Association (IATA).
11m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Jan 30 (Bernama) -- The delay in resumption of the Kuala Lumpur International Airport (KLIA) Aerotrain service, originally scheduled for January 2025, has been nothing short of disappointment after over two years of anticipation.
11m ago
KUALA LUMPUR, Jan 29 (Bernama) -- Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).
11m ago
By Anas Abu Hassan
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its subdued trading to close lower today, dragged by persistent selling as the market was influenced by Wall Street’s sharp reaction to the introduction of China's DeepSeek artificial intelligence (AI) model, said an analyst.
11m ago
KUALA LUMPUR, Jan 28 (Bernama) -- General insurance and takaful companies are working closely with key stakeholders on the issue of total loss vehicles, according to the General Insurance Association of Malaysia (Piam).
11m ago
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s export prices rose by 1.1 per cent to 150.7 points in December 2024, compared to 149.1 points in the previous month, while import prices increased by 0.9 per cent to 128.0 points, driven by oil-based commodities and mineral fuels, according to the Department of Statistics Malaysia (DOSM).
11m ago
KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.