PNB, GLICs To Develop 10 Bumiputera Champion Firms

KUALA LUMPUR, Dec 7 (Bernama) -- Permodalan Nasional Bhd (PNB), together with other Government-Linked Investment Companies (GLICs), is committed to driving the 10 Bumiputera Champions initiative to create 10 companies, each with a market capitalisation or enterprise value of at least RM500 million by 2030.

Malaysia’s Banking Sector Resilient Amid Tariff Pressures, Expected To Hold Steady In 2026

KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.

KLCI Futures Likely To See Uptrend Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to see an uptrend next week, tracking the underlying cash market.

Rubber Market Ends Higher on Supply Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 5 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by ongoing concerns over natural rubber supply shortages due to rainy weather and optimism from improved Chinese economic data, said a dealer.

Moonup Technology, Shelly To Unveil Smart Building Ecosystem At Taiwan Event

KUALA LUMPUR, Dec 5 (Bernama) -- Moonup Technology Co Ltd has partnered with European smart home leader Shelly Group (Shelly) to showcase its complete smart building and home ecosystem at the 2025 Taipei Building Show, scheduled from Dec 11 to 14 at Nangang Exhibition Center.

DayOne Secures Up To 1 Bln Euros Financing For Global Expansion

KUALA LUMPUR, Dec 5 (Bernama) -- DayOne Data Centers, a Singapore-headquartered data centre developer and operator, has secured a mezzanine financing facility of 500 million euros, expandable up to one billion euros upon mutual agreement. (1 Euro = RM4.78)

Bursa Malaysia Remains Lower At Midday, CI Down 0.54 Pct

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia remained lower at midday today, with the benchmark index down 0.54 per cent, due to persistent selling in selected heavyweights, led by the financial services, telecommunications, and media sectors.

Maybank, CIMB Expect Improving Orders At VS Industry; HLIB Stays Cautious

KUALA LUMPUR, Dec 5 (Bernama) -- Two research firms expect order flows at VS Industry Bhd to improve over the coming quarters despite a weaker first-quarter performance, while another has maintained a cautious view due to softer customer demand and margin pressure.

Ringgit Opens Stronger At RM4.10 Vs Greenback

By Karina Imran & Naveen Prabu

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit opened firmer on Friday at around RM4.10 to the US dollar, with improving fiscal conditions supporting investor sentiment toward the local currency.

Bursa Malaysia Ends Lower As Market Sentiment Turns Cautious

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 4 (Bernama) -- Bursa Malaysia pared earlier losses to end marginally lower today as cautious sentiment prevailed ahead of the US Federal Reserve (Fed) meeting next week.

Asia Cities Surge In 2025 Global Tourism, Euromonitor International Finds

KUALA LUMPUR, Dec 4 (Bernama) -- Asia strengthened its global tourism presence in 2025, with Tokyo and Singapore maintaining top-10 positions and Seoul entering the top tier for the first time, according to Euromonitor International.

Rubber Market Ends Lower Tracking Regional Markets, Stronger Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking declines in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.