1m ago
KUALA LUMPUR, May 13 (Bernama) -- CIMB Securities Sdn Bhd has maintained a 2025 growth forecast of 2.5 per cent for container throughput, underpinned by new services from shipping alliances, and potential front-loading activities during the 90-day tariff pause.
1m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s maritime sector, including its ports, is not immune to the fallout from the tariff war, which can potentially deal a death blow to small companies if the cost of shipping cargo increases exorbitantly.
1m ago
KUALA LUMPUR, May 9 (Bernama) -- Westports Holdings Bhd's net profit for the first quarter ended March 31, 2025 (1Q FY2025) rose by nine per cent to RM222.46 million, compared with RM204.51 million recorded in the same quarter a year ago.
2m ago
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by renewed buying interest in selected heavyweight banking and consumer product counters.
3m ago
KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.
3m ago
KUALA LUMPUR, Feb 20 (Bernama) -- Analysts are mixed on Westports Holdings Bhd’s outlook, with two investment banks offering differing perspectives.
4m ago
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.
4m ago
KUALA LUMPUR, Jan 23 (Bernama) -- Westports Holdings Bhd has redesignated Datuk Ruben Emir Gnanalingam Abdullah as executive chairman of the company and its wholly owned subsidiary, Westports Malaysia Sdn Bhd (WMSB), effective Feb 1, 2025.
4m ago
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.
4m ago
KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.
6m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.
6m ago
KUALA LUMPUR, Dec 5 (Bernama) -- 99 Speed Mart Retail Holdings and Gamuda will replace Genting and Genting Malaysia as constituents of FTSE Bursa Malaysia KLCI.