Bursa Malaysia Reverses Early Losses To End Higher Ahead Of MPC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia recouped earlier losses to close higher today as late buying lifted the benchmark index to its intraday high on market expectations that Bank Negara’s Monetary Policy Committee (MPC) will maintain the Overnight Policy Rate (OPR) at its meeting tomorrow.

Govt’s Energy Policies Provide Opportunities For OGSE Players To Expand, Enter New Markets

KUALA LUMPUR, Nov 5 (Bernama) -- The oil and gas services and equipment (OGSE) sector should see the government’s robust energy transition policies as opportunities to expand, enter new markets and team up with international partners, said Ministry of Economy Secretary-General Datuk Nor Azmie Diron.

Coordinated Efforts, Shared Learning Among OIC States Essential For Digital Transformation - Fahmi

ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.

ABM Welcomes GX Bank, Boost Bank As New Members

KUALA LUMPUR, Nov 4 (Bernama) -- The Association of Banks in Malaysia (ABM) has announced the addition of GX Bank Bhd and Boost Bank Bhd as new members, marking a pivotal moment in Malaysia’s banking industry.

IHH Completes Acquisition Of Island Hospital In Penang For Nearly RM4 Bln

KUALA LUMPUR, Nov 4 (Bernama) -- IHH Healthcare Bhd (IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of about RM3.9 billion.

Sabah Electricity Appeals For Federal Govt Financial Support

KOTA KINABALU, Nov 4  (Bernama) -- Sabah Electricity Sdn Bhd (Sabah Electricity) has insufficient funds and needs federal government financial support to ensure a sustainable power supply, said chairman Datuk Seri Wilfred Madius Tangau.

U Mobile's Selection As Second 5G Provider Set To Boost Competition In Malaysia's Telecom Sector - Analyst

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 4 (Bernama) -- U Mobile Sdn Bhd is envisioned to compete more robustly and narrow the gap with other major players in the country, creating a more equitable landscape in Malaysia's telecommunications sector.

Influx Of Multinational Companies Boosts Kuala Lumpur’s Office Market Competitiveness - Knight Frank  

KUALA LUMPUR, Nov 4 (Bernama) -- The influx of multinational companies seeking regional headquarters in Kuala Lumpur (KL) is contributing to a more competitive office landscape, according to Knight Frank. 

Integrating Biomethane Into Labuan’s O&G Sector Can Help Malaysia Achieve ESG Goals

LABUAN, Oct 3 (Bernama) -- Bioethanol is emerging as a promising alternative fuel in Malaysia’s oil and gas (O&G) sector, underscoring the nation’s commitment to environmental sustainability.

IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

CPO Futures Hit Fresh 2-year High For Third Consecutive Day

KUALA LUMPUR, Nov 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, reaching a fresh two-year high for the third consecutive day at above RM4,800 per tonne, amid rising crude oil prices, said palm oil trader David Ng.

CSOP: Saudi's Initial Foray In Hong Kong-listed Shares Focusing On Chinese Firms

KUALA LUMPUR, Oct 30 (Bernama) -- CSOP Asset Management Limited (CSOP) announced it is part of the introduction of the Albilad CSOP MSCI Hong Kong China Equity exchange-traded fund (ETF) (symbol: 9410) on the Saudi Stock Exchange (Tadawul) on Oct 30.