Bursa Malaysia Stays Lower At Midday
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by cautious investor sentiment despite Wall Street's robust performance overnight.
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Wholesale And Retail Trade Sales Up 3.8 Pct To Rm148.2 Bln In September - DOSM
KUALA LUMPUR, Nov 7 (Bernama) -- Malaysia's wholesale and retail trade sector recorded a 3.8 per cent year-on-year (y-o-y) growth in September 2024, achieving total sales of RM148.2 billion, said the Department of Statistics Malaysia (DOSM).
Services Sector Revenue Hits RM618.5 Bln In 3Q, up 5.9 Pct YOY - DOSM
KUALA LUMPUR, Nov 7 (Bernama) -- Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, according to the Department of Statistics Malaysia (DOSM).
Mah Sing Unit To Buy Land In Old Klang Road For RM112.97 Mln
KUALA LUMPUR, Nov 7 (Bernama) -- Mah Sing Group Bhd’s wholly-owned unit Major Land Development Sdn Bhd has entered into a sale and purchase agreement with Pink Forest Sdn Bhd for a proposed acquisition of 2.12 hectares of freehold land along Old Klang Road for RM112.97 million.
Cooperation Between Malaysian And Turkish Printing Firms Boosts Bilateral Relations - Fadillah
KUALA LUMPUR, Nov 7 (Bernama) -- Cooperation between Malaysian and Turkish printing companies boosts bilateral relations and also strengthens the sharing of expertise and technology, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
U Mobile's Appointment As 5G Provider Complies With Licence Conditions - Fahmi
KUALA LUMPUR, Nov 7 (Bernama) -- The decision to select U Mobile Sdn Bhd as Malaysia's second 5G network provider does not contravene the special licence conditions for individual licences, said Communications Minister Fahmi Fadzil.
Malaysia’s Second 5G Network Poised To Support IIoT, High-bandwidth Sectors - BMI
KUALA LUMPUR, Nov 7 (Bernama) -- BMI, a Fitch Solutions company, sees potential for Malaysia’s second 5G network to carve out a role as a niche connectivity provider, particularly supporting Industrial Internet of Things (IIoT) applications.
FBM KLCI Futures Open Lower
KUALA LUMPUR, Nov 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives opened lower in early trade.
BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
Malaysia Interested In Collaborating With Barcelona Supercomputing Center
BARCELONA, Nov 7 (Bernama) -- Malaysia is eyeing collaboration opportunities with the Barcelona Supercomputing Center (BSC) which has an active and important role in developing high-performance computing in Spain and across Europe.
OPR Decision Boosts Market Confidence, Lifts Bursa Malaysia In Early Trade
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia's key index opened higher in early trade, buoyed by clearer investor direction in the market following yesterday's announcement of the Overnight Policy Rate (OPR).
Ringgit Opens Higher Despite Stronger US Dollar On Trump’s Return To Presidency
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened slightly higher against the greenback, while the US Dollar Index rose to 105.009 points, a 1.5 per cent increase from the previous day’s close.