KUALA LUMPUR, May 13 (Bernama) -- A significant restructuring in the shareholding of Digital Nasional Bhd (DNB) has been confirmed through a newly signed Letter of Variation dated today, altering key terms in the previously agreed shareholders agreement on June 28, 2024.
KUALA LUMPUR, May 13 (Bernama) -- The ringgit closed lower against the US dollar today as investors scaled back their expectations for the United States Federal Reserve (Fed) to cut interest rates.
KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I).
KUALA LUMPUR, May 13 (Bernama) -- CIMB Securities Sdn Bhd has maintained a 2025 growth forecast of 2.5 per cent for container throughput, underpinned by new services from shipping alliances, and potential front-loading activities during the 90-day tariff pause.
KUALA LUMPUR, May 12 (Bernama) -- Malaysia can have greater access to more advanced semiconductor chips following Washington’s move to rescind curbs on chip exports, a move that can propel it to move beyond its current strength in midstream packaging and testing into higher-value upstream chip design.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 9 (Bernama) -- US President Donald Trump's plan to rescind the Biden-era artificial intelligence (AI) chip export rule presents opportunities for Malaysia to expand its AI chip industry and booming data centre sector.
KUALA LUMPUR, May 9 (Bernama) -- The Real Estate and Housing Developers’ Association (REHDA) Malaysia said the revision of the Sewerage Capital Contribution (SCC) rates by the National Water Services Commission (SPAN) is expected to benefit the property development industry.
KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has maintained its base case forecast for the Overnight Policy Rate (OPR) at 3.00 per cent throughout 2025.
KUALA LUMPUR, May 8 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has reiterated its “Buy” recommendation for SD Guthrie Bhd, with expectations of improved output in the coming quarters, as the the plantation company enters the peak output season in the second half of 2025 (2H 2025).
KUALA LUMPUR, May 8 (Bernama) -- Industrial products and services counters on Bursa Malaysia related to the artificial intelligence (AI) chip making have shown a mixed reaction to the latest plan announced by the Trump administration to rescind and replace Biden-era global AI chip export curbs.
KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia opened slightly higher today but retreated thereafter, driven by mild profit taking, amid renewed concern over the global economic outlook, an analyst said.
By Nor Baizura Basri and Zarul Effendi Razali
KUALA LUMPUR, May 5 (Bernama) -- The Special Parliamentary Session on the United States (US) tariffs provided the government an opportunity to enlighten Members of the Parliament (MPs) about ongoing efforts to manage the impact of global economic uncertainty on Malaysia following the imposition of the tariffs.
