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.

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.

Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

Local Institutions Maintain Bursa Malaysia Buying Streak For 13th Straight Week

KUALA LUMPUR, Jan 20 (Bernama) -- Local institutions remained net buyers for the 13th consecutive week on Bursa Malaysia, with net purchases of RM797.8 million, according to MIDF Amanah Investment Bank Bhd (MIDF).

AHAM Capital Declares RM1.11 Bln Income Distribution For FY2024

KUALA LUMPUR, Jan 20 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.11 billion for the financial year 2024, covering 89 wholesale and retail funds.  

Bargain Hunting Expected To Support FBM KLCI Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its upward momentum in the coming week, building on Friday’s rebound following four days of sell-off, said an analyst.

Bank Islam Eyes 800 Sign-ups For Mastercard World Premier Wealth Credit Card-i This Year

KUALA LUMPUR, Jan 17 (Bernama) -- Bank Islam Malaysia Bhd is targeting 800 sign-ups for its newly launched Bank Islam Mastercard World Premier Wealth Credit Card-i by the end of this year.

Malaysia’s GDP Expected To Hit 5.1 Pct In 2024 Vs 3.6 Pct In 2023 -- DOSM

KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s 2024 gross domestic product (GDP) is projected to grow by 5.1 per cent compared to the 3.6 per cent growth recorded in 2023, supported by positive growth across all sectors, said the Department of Statistics Malaysia (DOSM).

Technology, Renewable Energy Sectors To Define Malaysia's 2025 IPO Market -- Moomoo Malaysia

KUALA LUMPUR, Jan 17 (Bernama) -- Several trends in the technology and renewable energy sectors are expected to define Malaysia’s initial public offering (IPO) market in 2025, said Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia).

Power International Holding Secures Full Ownership Of MTS From Kazakhtelecom

KUALA LUMPUR, Jan 17 (Bernama) -- Power International Holding (PIH), a globally recognised Qatari-based conglomerate, has officially completed the acquisition of Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC, securing full ownership of the company.

Bursa Malaysia Reverses Early Losses To End Morning Session Higher

KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to close the morning session higher as improved buying was seen in selected utilities and financial services heavyweights counters.