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By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop.
KUALA LUMPUR, Dec 16 (Bernama) -- Perma-Pipe International Holdings Inc has reported a 152 per cent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)
KUALA LUMPUR, Dec 15 (Bernama) -- Pasukhas Group Bhd has secured a RM63.60 million data centre construction job in Johor from a multinational technology corporation headquartered in the United States.
KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia ended the morning session marginally higher, supported by the continued strength of the ringgit, which lifted investor sentiment.
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).
KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia traded higher in the morning session, mirroring the upbeat performance of regional peers and supported by positive sentiment following Wall Street’s strong overnight gains.
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).
KUALA LUMPUR, Dec 12 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects brighter earnings prospects for property developers to continue in 2026, supported by higher sales secured in 2024 and 2025.
KUALA LUMPUR, Dec 12 (Bernama) -- CIMB Securities Sdn Bhd projects Malaysia’s building materials sector’s core earnings will rise to 68 per cent in 2026, up sharply from a forecasted 15 per cent in 2025, before moderating to 16 per cent in 2027.
KUALA LUMPUR, Dec 11 (Bernama) -- The oil and gas (O&G) sector is expected to record a 6.4 per cent quarter-on-quarter (q-o-q) earnings increase in the fourth quarter of 2025 (4Q 2025), said CIMB Securities Sdn Bhd.
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia’s key index closed higher today, supported by bargain hunting following the United States Federal Reserve’s (Fed) 25-basis-point cut to its benchmark rate, despite a downturn in regional markets.
KUALA LUMPUR, Dec 11 (Bernama) -- Global credit rating agency, AM Best has affirmed Malaysia’s Lonpac Insurance Bhd (Lonpac) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent).
