Malaysia's Digital Economy To Reach US$31 Bln In 2024 - Report

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16 per cent from 2023. 

IHH, Petronas Dagangan Keep FBM KLCI Above 1,600 Mark Amid Mixed Market

KUALA LUMPUR, Nov 26 (Bernama) -- IHH and Petronas Dagangan continued to support Bursa Malaysia’s main index above the 1,600 mark, amid selling in mid-cap stocks that led to a mixed market breadth.

CBH Engineering Inks Underwriting Agreement With Mercury Securities For IPO

KUALA LUMPUR, Nov 25 (Bernama) -- Mechanical and electrical (M&E) engineering service provider CBH Engineering Holding Bhd has signed an underwriting agreement with Mercury Securities Sdn Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Malaysia, South Korea To Foster ESG Investments And Technological Collaborations

SEOUL, Nov 25 (Bernama) -- Malaysia and South Korea have reiterated their commitment to fostering an investment climate aligned with environmental, social, and governance (ESG) principles.

Bursa Malaysia Boosted By RM250.6 Mln Investments From Local Institutions Last Week

KUALA LUMPUR, Nov 25 (Bernama) -- Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week, recording a net inflow of RM250.6 million last week, up from RM207.7 million in the previous week

Google, Microsoft Applaud Malaysia’s Approach To Building AI Infrastructure, Roadmap

KUALA LUMPUR, Nov 23 (Bernama) -- Google has applauded Malaysia’s approach to building artificial intelligence (AI) infrastructure under the leadership of Prime Minister Datuk Seri Anwar Ibrahim, with the technology giant investing US$2 billion in the country.

Ringgit To Trade In Tight Range Of 4.46-4.48 Versus US Dollar Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 23 (Bernama) -- The ringgit is expected to remain within a tight trading range, moving between RM4.46 and RM4.48 next week, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Boomi Enterprise Platform Enhances Pallion Group's Resilience, Customer Experience

KUALA LUMPUR, NOV 22 (Bernama) -- Boomi, the intelligent integration and automation leader, announced that Australian precious metals and jewellery company, Pallion Group, has bolstered resilience and customer experience (CX) across its brands by adopting the Boomi Enterprise Platform as the foundation for its data strategy.

Bursa Malaysia Stays In Positive Zone At Midday In Sync With Regional Peers

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

Sunway Construction’s Net Profit Rises To RM46.47 Mln In 3Q 2024

KUALA LUMPUR, Nov 21 (Bernama) -- Sunway Construction Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) increased to RM46.47 million from RM35.01 million in the same quarter last year.

Boomi Unveils 2024 APJ Customer Innovation Award Winners At Sydney Tour

KUALA LUMPUR, Nov 21 (Bernama) -- Boomi, the intelligent integration and automation leader, has announced the winners of its 2024 Asia Pacific and Japan (APJ) Customer Innovation Awards, recognised at its 2024 Boomi World Tour stop in Sydney.