1y ago
KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) extended its decline at Tuesday’s closing, reflecting increased volatility and mirroring the sharp sell-off in US equities as global risk aversion intensified.
1y ago
KUALA LUMPUR, March 11 (Bernama) -- SuperFreeze, an operator, developer, and owner of advanced cold storage facilities in Asia, has appointed Troy Shortell as Co-Chief Executive Officer (CEO).
1y ago
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia ended at an intraday low today weighed down by persistent selling in selected heavyweights, led by utilities, telecommunications and media, as well as financial services sectors.
1y ago
KUALA LUMPUR, March 10 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong-Jagus East (GKGJE) Phase 4 offshore project, achieved on Feb 4, 2025.
1y ago
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia remained lower at midday on selling pressure in selected heavyweights, led by the utilities, consumer products and services as well as transportation and logistics sectors.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 8 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to postpone the implementation of the proposed 30 per cent rise in port tariffs, particularly for container handling and storage, as it will have major implications on cost of doing business for manufacturers and shippers.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia ended lower today tracking the weaker regional market performance.
1y ago
KUALA LUMPUR, March 7 (Bernama) -- TSI and Telfair Forest Products have announced the construction of a torrefaction facility at Telfair Forest Product’s facility in Lumber City, Georgia, with commissioning and startup early this year.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia’s benchmark index ended lower today, dragged down by continued selling pressure on selected heavyweights, led by the financial services sector.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off.
1y ago
KUALA LUMPUR, March 5 (Bernama) -- Malaysia has seen an uptick in commercial real estate (CRE) transactions, driven by high-net-worth individuals (HNWIs) and institutional investors seeking long-term value, mirroring the global trend, said Knight Frank Malaysia.