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HR Minister Urges Penang’s Tech Sector To Embrace Innovation And Reimagine Economic Future

GEORGE TOWN, April 21 (Bernama) -- Human Resources Minister Steven Sim Chee Keong has called on Penang’s semiconductor and advanced technology industries to reimagine the state’s future amid global economic uncertainty, urging a bold shift from a traditional manufacturing hub to a high-value, innovation-driven economy.

Widad Acquires Four Parcels Of Land Worth RM31.3 Mln In Nilai

KUALA LUMPUR, April 17 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Development (Nilai) Sdn Bhd, has signed a conditional sale and purchase agreement with Guper Bonded Warehouse Sdn Bhd to acquire four adjacent parcels of freehold industrial land valued at RM31.30 million.

Bursa Malaysia Ends Lower On Profit-taking, Trade Tariff Concerns

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia ended lower today, weighed down by persistent profit-taking amid ongoing concerns over global trade tariffs. 

Bursa Malaysia Opens Lower On Lingering Global Tariff Concerns

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking losses on Wall Street and amid investor caution over the United States' reciprocal tariffs taking effect today, which have heightened concerns about global trade tensions, an analyst said.

Axiata, Sinar Mas Get Shareholders Nod On XLSMART Merger

KUALA LUMPUR, March 26 (Bernama) -- Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the merger of the three companies into XLSMART.

Dewan Negara Passes Supplementary Supply Bill (2024) 2025

KUALA LUMPUR, March 24 (Bernama) -- The Dewan Negara today passed the Supplementary Supply Bill (2024) 2025 authorising additional expenditure of RM20.19 billion from the Consolidated Fund for government services.

Capital Market Rises To RM4.2 Trillion In 2024 On Strong Equity, Bond Markets - SC

KUALA LUMPUR, March 20 (Bernama) -- Strong buying interest in the local bourse, followed by a slew of initial public offerings (IPOs) and growth in total outstanding for the bond and sukuk market has resulted in an increase in the size of the capital market by 9.7 per cent to RM4.2 trillion in 2024 from RM3.8 trillion in 2023.

MPRC Calls On OGSE Players To Consider Strategic Partnerships

By Siti Radziah Hamzah

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's oil and gas services and equipment (OGSE) companies have been urged to consider strategic partnerships to be more competitive and get more energy transition opportunities beyond the industry.  

Kenanga Research Keeps Overweight On Plantations Amid Supply Deficit

KUALA LUMPUR, March 11 (Bernama) -- Kenanga Research has maintained its “overweight” rating on the plantation sector, citing strong crude palm oil (CPO) prices and a persistent global supply deficit despite weaker exports.

Felcra Records Final Distributable Profit 2024 Of RM192.51 Mln - Ahmad Zahid

KUALA BERANG, March 8 (Bernama) -- Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has announced a final distributable profit for 2024 amounting to RM192.51 million for Felcra Bhd’s participant project.

Bursa Malaysia Ends Higher As Bargain Hunters Step In After Sell-off

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off. 

Islamic Finance To Grow, Sukuk Issuance To Ease In 2025 - Moody's

KUALA LUMPUR, March 4 (Bernama) -- Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council (GCC) and Southeast Asia is supported by diversification agendas, investment inflows and population growth, according to Moody's Rating.