Northern Solar Targets 20 Pct Revenue Growth In FY2025

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 6 (Bernama) -- Northern Solar Holdings Bhd is targeting a 20 per cent rise in revenue growth for the financial year ending March 31 2025 (FY2025) versus RM77.97 million a year ago.

Ringgit Opens Higher vs USD On Weaker US Economic Data

By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.

Ringgit Rises Further Against US Dollar At The Close

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit appreciated further against the US dollar today amid fears on US tariff hikes and the expectation that the US Federal Reserve (Fed) would maintain interest rates later this year, said an analyst.  

Malaysia Must Adopt Proactive Approach To Mitigate Risks As Global Trade Landscape Shifts - Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia must adopt a proactive approach to mitigate risks and capitalise on emerging opportunities as the global trade landscape shifts due to the import tariff hike by the United States, said an economist.

Maybank IB Raises 2025 TIV Forecast By Five Pct To 790,000 Units

KUALA LUMPUR, Feb 5 (Bernama) -- Maybank Investment Bank (Maybank IB) has raised its total industry volume (TIV) forecast for this year by five per cent to 790,000 units, up from its previous estimate of 750,000 units.

US Tariffs Deadline Lifts Ringgit At Close

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit settled higher against the US dollar on Tuesday, as the rollback of the United States (US) tariffs deadline on Mexico and Canada lifted global growth sentiment, said an analyst.

Vendors Struggle With Coconut Shortage, Price Hikes Ahead Of Thaipusam

KUALA LUMPUR, Feb 4 (Bernama) -- As Thaipusam approaches, vendors across Malaysia face significant shortages and price hikes of key festival essentials, particularly coconuts and flowers, creating challenges for vendors and devotees alike.

Subsidies, Logistics Key To Stabilising Coconut Prices During Thaipusam, Says KLSICCI President

By Naveen Prabu Kuppusamy

KUALA LUMPUR, Feb 4 (Bernama) -- Ensuring stable prices for essential food items like coconuts during festive seasons requires continuing support through both subsidies and logistical measures, says Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) president Nivaas Ragavan.

Bursa Malaysia Opens Higher On Bargain Hunting After US Delays Tariffs

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today as bargain hunting emerged amid news on delayed import tariffs hike proposed by the United States (US) on Mexico and Canada on Monday.

Ringgit Opens Higher Against US Dollar As US Pauses Tariffs On Canada, Mexico 

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar as the United States (US) has paused import tariff hike on Canada and Mexico, coupled with softer US economic data, said an analyst.

Sunway REIT Net Profit Rises To RM524.75 Mln In FY2024, Declares 10 Sen DPU

KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.

Ringgit Falls Against US Dollar Amid US Tariff Hikes On Canada, Mexico, And China

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit weakened against the US dollar on Monday, primarily due to the latest tariff imposition by the United States on Canada, Mexico, and China, according to analysts.