GDA Secures 84.1 Pct Of MAHB Shares As At Jan 8

KUALA LUMPUR, Jan 8 (Bernama) -- Gateway Development Alliance Sdn Bhd (GDA) and its shareholders (the Consortium) have received valid offer acceptances of 1.40 billion shares, representing 84.1 per cent of the total number of issued shares in Malaysia Airports Holdings Bhd (MAHB).

Bursa Malaysia Closes Lower In Sync With Regional Peers, CI Hits Intraday Low

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) reversed yesterday’s gains to close lower on Wednesday as investors took profit amid the negative performance of regional peers.

Local Rubber Market Closes Mixed Amid Better Market Sentiment Regionally

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 8 (Bernama) -- The local rubber market ended mixed on Wednesday amid the better performance of its regional peers and gains in benchmark crude oil prices, said a dealer.

Ambiq Team Up With ThinkAR To Launch Ultra-Lightweight Smart Glasses 

KUALA LUMPUR, Jan 8 (Bernama) -- Ambiq, a developer of ultra-low-power semiconductors and solutions enabling Edge artificial intelligence (AI), has partnered with ThinkAR, to unveil AiLens, the most lightweight smart glasses designed for everyday wear.

Avenacy Reports Strong 2024 Performance, Outlines 2025 Strategic Priorities

KUALA LUMPUR, Jan 7 (Bernama) -- Avenacy, a specialty pharmaceutical company focused on supplying critical injectable medications, has provided an update on recent business highlights and financial performance for 2024 and outlined its strategic priorities for this year.

Negeri Sembilan Records Revenue Collection Of RM636 Mln For 2024

SEREMBAN, Jan 7 (Bernama) -- The Negeri Sembilan government recorded a revenue collection of RM636 million, which is 122.31 per cent of the target set at RM520 million for the year ended Dec 31, 2024, said Menteri Besar Datuk Seri Aminuddin Harun.

Ringgit Edges Higher As US Dollar Index Declines

KUALA LUMPUR, Jan 7 (Bernama) --  The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.  

Proton Sales Surge 19.7 Pct In December, Lifting Total Sales To 152,352 Units In 2024

KUALA LUMPUR, Jan 6 (Bernama) -- Proton Holdings Bhd closed out last year on a high note after selling 14,601 cars in December, a 19.7 per cent increase over the previous month and the second highest sales figure for 2024.

Rubber Market Likely To Trade Range-bound With Downward Bias Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- The rubber market is expected to trade range-bound with a slight downward bias due to a lack of demand next week, industry expert Denis Low said.

Port Of Tanjung Pelepas Is Malaysia's First Container Terminal To Surpass 12 Mln TEUs Throughput

KUALA LUMPUR, Jan 2 (Bernama) -- MMC Corporation Bhd’s 70 per cent-owned unit, Port of Tanjung Pelepas (PTP), has become the first container terminal in Malaysia to handle over 12.25 million twenty-foot equivalent units (TEUs) in a single year in 2024.

KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).

Ringgit Starts 2025 Lower On Fed Rate Cut Concerns

KUALA LUMPUR, Jan 2 (Bernama) -- The ringgit opened lower against the US dollar on the first trading day of the year, weighed by market concerns over the US Federal Reserve’s (Fed) potential decision to cut interest rates in 2025.