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Westports Posts Higher Net Profit Of RM897.98 Mln In FY2024

KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd's net profit rose to RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) from RM779.43 million in the preceding year. 

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.

Duck Creek Technologies To Showcase Innovative Insurance Solutions At ITC London 2025

KUALA LUMPUR, Jan 23 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider redefining the future of property and casualty (P&C) and general insurance, will join partners and industry leaders at ITC London taking place on Jan 27 to 28 at The Brewery in London.

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.

WEF 2025: Australian Company To Invest In Green Hydrogen Alternative Energy In Sarawak - PM Anwar

DAVOS (Switzerland), Jan 23 (Bernama) -- Australia’s global metal mining company Fortescue has agreed to invest in green hydrogen alternative energy in Bintulu, Sarawak, said Prime Minister Datuk Seri Anwar Ibrahim. 

Malaysia Stresses On Great Potential Of ASEAN Region At WEF 2025 -- PM Anwar

DAVOS (Switzerland), Jan 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the emphasis on the great potential of the ASEAN region was the main message delivered in conjunction with his attendance at the 2025 World Economic Forum (WEF) Annual Summit here.

Oriental Kopi eyes Regional Expansion Following Ace Market Debut

KUALA LUMPUR, Jan 23 (Bernama) -- Oriental Kopi Holdings Bhd, newly listed on the ACE Market of Bursa Malaysia, is currently in discussions to expand its presence to neighbouring countries.

CapitaLand Malaysia Trust Up After Posting Higher FY2024 Profit

KUALA LUMPUR, Jan 23 (Bernama) -- CapitaLand Malaysia Trust’s (CLMT) share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM187.15 million for the financial year ended Dec 31, 2024 (FY2024) versus RM163.66 million a year ago.

Bursa Malaysia Slightly Lower On Early Selling In Heavyweights

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia opened slightly lower on Thursday dragged down by selling in the heavyweights, particularly Public Bank and Tenaga Nasional.

Ringgit Advances Against US Dollar After BNM Maintained OPR At 3.0 Pct

By Danni Haizal Danial Donald and Karina Imran

KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies, buoyed by Bank Negara Malaysia's (BNM) Monetary Policy Committee’s (MPC) announcement on the Overnight Policy Rate (OPR).