Westports Share Price Up After Posting Higher FY2024 Net Profit

KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year. 

Economic Growth In 2025 To Be Driven By Domestic Demand, Investments -- Alliance Bank

KUALA LUMPUR, Jan 23 (Bernama) -- Malaysia’s economy is poised for growth in 2025 as domestic demand is likely to strengthen further with sustained consumer spending and ongoing increase in investment activities, said Alliance Bank Malaysia Bhd. 

13MP To Introduce Incentives Based On Policies To Drive Behavioural Economics -- Rafizi

KUALA LUMPUR, Jan 23 (Bernama) -- The government will introduce more incentives in the 13th Malaysia Plan (13MP) to stimulate the economy that goes beyond the distribution of funds and projects, said Economy Minister Datuk Seri Rafizi Ramli.

KWAP Awards Accounting System Replacement Project To Censof

KUALA LUMPUR, Jan 23 (Bernama) -- The Retirement Fund Inc (KWAP) has awarded a RM4.27 million contract to Censof Holdings Bhd’s subsidiary Century Software (Malaysia) Sdn Bhd to replace its accounting system with a new one.

SOGIP Port Launch Boosts Sabah’s Economic Prospects

KOTA KINABALU, Jan 23 (Bernama) -- The declaration of the Port of Sipitang Oil and Gas Industrial Park (SOGIP Port) marks a strategic milestone with significant potential to drive Sabah's economic growth, Deputy Chief Minister III Datuk Shahelmey Yahya said.  

SMR 20 Ends Higher On Concerns Over Natural Rubber Supply

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today amid concerns over natural rubber (NR) supply due to wet weather, said a dealer.

13MP: Govt Committed To Enabling Policies To Drive Growth In Key Industries - Rafizi

KUALA LUMPUR, Jan 23 (Bernama) -- The government is committed to prioritising enabling policies over direct intervention to drive creativity and growth in key industries for the 13th Malaysia Plan (13MP), Economy Minister Datuk Seri Rafizi Ramli said.

Bursa Malaysia Pulls Back Amid Broad-Based Selling

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia retreated to close lower today following broad-based selling after a four-day rally, primarily due to profit-taking, amid the mostly weaker regional peers, said an analyst.

Cahya Mata Sarawak's Unit Expects To Double Clinker Production With New Facility

KUCHING, Jan 23 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd, expects to double its clinker production capacity with the development of a new facility, Clinker Line 2, in Mambong here.

Bursa Malaysia Stays In The Red At Midday On Continuous Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia remained in the red at midday on continuous profit-taking after the recent rally, said an analyst.

Maybank IB, HLIB Expect OPR To Remain At 3.00 Pct In 2025

KUALA LUMPUR, Jan 23 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained its forecast for the overnight policy rate (OPR) at 3.00 per cent this year to support domestic growth amid external headwinds.

New Zealand's DSG Group Eyeing Collaboration On Malaysia’s Digital Finance Goals

KUALA LUMPUR, Jan 23 (Bernama) -- New Zealand-based DSG Group, a global leader in tokenised securities and cross-border capital facilitation, has expressed its interest in collaborating with Malaysia to advance the country’s digital finance goals.