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Gamuda Shares Rise On Robust Domestic Construction Growth

KUALA LUMPUR, March 27 (Bernama) -- Shares of Gamuda Bhd rose in early trade today, supported by stronger financial performance in the second quarter ended Jan 31, 2025 (2Q FY2025), driven by robust growth in domestic construction activities.

CPO Futures End Higher On Bargain Buying, Soybean Oil Gains

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed on a strong note on Wednesday, driven by bargain buying and spillover gains from Chicago Board of Trade’s (CBOT) soybean oil futures, and overnight energy prices.

Iltizam Bill To Curb Corrupt Practices, Boost SME Growth -- Samenta

KUALA LUMPUR, March 26 (Bernama) -- The Small and Medium Enterprises Association (SAMENTA) Malaysia said the Government Service Efficiency Commitment Bill 2025 (Iltizam) would significantly curb corrupt practices in the public sector and provide small and medium-sized enterprises (SMEs) with the much-needed boost for productivity, growth, and expansion.

Gamuda Hits All-time High RM36 Bln Order Book In 2Q FY2025, Four-year Record Streak

KUALA LUMPUR, March 26 (Bernama) -- Gamuda Bhd has achieved an all-time high in its construction order book, recording RM36 billion for the second quarter of the financial year ending Jan 31, 2025 (2Q FY2025), breaking records for four consecutive years.

Local Rubber Market Closes Lower On Stronger Ringgit

KUALA LUMPUR, March 26 (Bernama) -- The Malaysian rubber market closed lower on Wednesday, weighed down by a stronger ringgit against the US dollar following weak US economic data, said a dealer.

CarbonPura Launches Ghana Green Guard For Sustainable Socio-Economic Development

KUALA LUMPUR, March 25 (Bernama) -- CarbonPura has introduced the US$25 billion Ghana Green Guard, a transformative series of privately funded environmental protection and climate-smart projects tailored to Ghana’s unique landscape. (US$1=RM4.43)

Bursa Malaysia Ends Morning Session Higher On Stronger Sentiment

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia ended the morning session higher, buoyed by renewed buying in heavyweight banking and telecommunications stocks amid improved market sentiment.

Domestic Demand To Buffer Malaysia's Economy Against External Uncertainties -- BNM Governor

KUALA LUMPUR, March 24 (Bernama) -- Strong domestic demand will continue to buffer Malaysia's economy against external uncertainties, including possible repercussions from the imposition of US tariffs.

BNM: Decentralised Reserves Bolster Malaysia’s External Position

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) said its long-standing policy of decentralising international reserves had led to the accumulation of sizeable non-reserve external assets, strengthening Malaysia’s external position.

BNM Assets Drop To RM621.54 Bln In 2024, Dividend To Govt Totals RM5.25 Bln

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia’s (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).

BNM: Islamic Finance Expands To RM1.13 Bln In 2024, Takaful Growth Moderates On Rising Costs

KUALA LUMPUR, March 24 (Bernama) – The Islamic banking and takaful industries continued to record positive growth in 2024, with the Islamic banking industry’s share of total financing in the financial system increasing to 46.6 per cent last year from 45.6 per cent in 2023.

BNM To Ensure Monetary Stability Amid Global Challenges

KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to support sustainable economic growth in the long term.