BIMB Securities Forecasts Lower Malaysia Budget Deficit Of 3.9 Pct In 2025

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.

AM Best Affirms KBFG China Credit Ratings As Excellent

KUALA LUMPUR, March 14 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of KBFG Insurance (China) Co Ltd (KBFG China), with a stable outlook.

Malaysia Remains Committed To Facilitating New Investment - Tengku Zafrul

KUALA LUMPUR, March 13 (Bernama) -- Malaysia remains committed to facilitating new investments while addressing challenges arising from the geopolitical and geoeconomic landscape, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. 

InvestKL Secures RM4.08 Bln FDI In 2024, Eyes Cumulative RM50 Bln Target By 2030 - CEO

KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.

Bargain Hunting Lifts Bursa Malaysia At Midday, CI Up 1.49 Pct

By Siti Noor Afera Abu

KUALA LUMPUR, March 13 (Bernama) -- Bargain hunting in financial services and uitlities heavyweights lifted the key index higher at midday, amid the mostly weaker regional market performance.

UEM Lestra Team Ups With ACWA Power To Develop IWPP Facilities In Malaysia

KUALA LUMPUR, March 12 (Bernama) -- UEM Group Bhd’s wholly-owned subsidiary and green industries arm UEM Lestra Bhd (UEM Lestra) has partnered with Saudi Arabia’s ACWA Power to conduct a feasibility study and jointly develop renewable independent water and power plant (IWPP) facilities in Malaysia.

More Than 26,000 Companies Use E-Invoice System, 207.4 Million E-Invoices Issued So Far -- Lim

KUALA LUMPUR, March 12 (Bernama) --  A total of 26,665 companies have used the e-invoice system since it was implemented in August 2024, with 207.4 million e-invoices issued as of March 10, said Deputy Finance Minister Lim Hui Ying.

Salesforce, Singapore Airlines To Enhance Customer Service With AI Solutions 

KUALA LUMPUR, March 12 (Bernama) -- Salesforce, the global leader in artificial intelligence (AI)-powered customer relationship management, has teamed up with Singapore Airlines (SIA) to enhance its customer case management system.

Bursa Malaysia Ends At Intraday Low, CI Down 0.70 Pct

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.

MTD Properties Set To Launch Five New Projects This Year

By Mohd Ashraf Syafiq Mazlan

KAJANG, March 10 (Bernama) -- MTD Properties continues to strengthen its brand in the property industry with the launch of five new projects in Selangor and Melaka this year, which will benefit the community and boost local economic growth. 

KMI Healthcare, BSHSB Ink RM146 Mln Deal To Build And Lease 100-bed Hospital In Penang

KUALA LUMPUR, March 10 (Bernama) -- Kumpulan Medic Iman Sdn Bhd (KMI Healthcare), a subsidiary of TDM Bhd, has signed a build-and-lease agreement with Bertam Specialist Hospital Sdn Bhd (BSHSB) to develop a 100-bed hospital in Bertam, Seberang Perai Utara, Penang.  

Bursa Malaysia Remains Lower At Midday

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.