Bursa Malaysia Boosted By RM207.7 Mln From Local Institutions Last Week

KUALA LUMPUR, Dec 2 (Bernama) -- Local institutions were net buyers of Malaysian equities for the fourth consecutive week, with net buying of RM207.7 million last week.

FBM KLCI Reverses Gains, Bursa Malaysia Ends In Red Weighed By Utilities

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index failed to sustain the brief gains observed in the mid-afternoon session to end the day in the red, as selling in selected heavyweights mainly in utility and logistics counters intensified in the final hour of trading.

Rubber Market Ends Mixed Amid Tight Rubber Supply Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 29 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday due to concerns over supply disruptions caused by rain and floods in key producing countries, a dealer said.

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

Downturn Continues On Bursa Amid Absence Of Leads From Wall Street, US Policy Worries

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.

BNM Urges Insurers, Takaful Operators To Review Repricing Strategies For More Reasonable Implementation

KUALA LUMPUR, Nov 28 (Bernama) -- Bank Negara Malaysia (BNM) has required insurers and takaful operators (ITOs) to review their current repricing strategies for more reasonable implementation. 

Rubber Market Ends Mixed Amid Regional Trends

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, with market sentiments supported by an uptrend in the regional rubber futures markets and concerns over the global natural rubber supply caused by adverse weather, a dealer said.

Banking Stocks Drag Bursa Malaysia Below 1,600 Level

KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.

LIAM CEO Mark O’Dell Honoured With Lifetime Achievement Award

KUALA LUMPUR, Nov 28 (Bernama) -- Life Insurance Association of Malaysia (LIAM) chief executive officer Mark O’Dell has been awarded the prestigious Lifetime Achievement Award at the 28th Asia Insurance Industry Awards 2024. 

Welspun One Invests US$325 Mln To Develop India's Largest Logistics Facility

KUALA LUMPUR, Nov 28 (Bernama) -- Welspun One, India’s fastest-growing new-age logistics and industrial real estate manager, is investing US$325 million in the country’s largest single-location ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. (US$1=RM4.43)

Alliance Bank Posts Higher 2Q Net Profit Of RM189.91 Mln

KUALA LUMPUR, Nov 28 (Bernama) -- Alliance Bank Malaysia Bhd has posted a higher net profit of RM189.91 million in the second quarter of its financial year ending March 2025 (2Q FY2025) compared to RM185.33 million in the same period last year.

Mavenir Wins Glotel Awards For Advancing AI In Telecom

KUALA LUMPUR, Nov 28 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has won the Advancing Artificial Intelligence Global Telecoms (Glotel) Award for its Network Intelligence as a Service (NIaaS).