Batik Air To Launch New Penang-Jakarta Route In October

KUALA LUMPUR, Sept 24 (Bernama) -- Batik Air is set to launch its new route between Penang International Airport and Soekarno-Hatta International Airport in Jakarta starting Oct 1.

Budget 2025 To Maintain Balanced Approach For Economic Development -- RHB IB

KUALA LUMPUR, Sept 24 (Bernama) -- Budget 2025, to be tabled in the Dewan Rakyat on Oct 18, is expected to strike a balanced approach, combining fiscal sustainability with initiatives to drive economic development, said RHB Investment Bank (IB) Bhd.

Bursa Malaysia Ends Higher As China's Stimulus Measures Lift Regional Sentiment  

By Karina Imran

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia closed higher on Tuesday, driven by a positive Wall Street performance overnight and after China announced a stimulus package to jumpstart its struggling economy, sparking a rally in regional and global shares.

AI Increasingly Impacts Consumers' Buying Decisions - Study

KUALA LUMPUR, Sept 24 (Bernama) -- NielsenIQ (NIQ), the world’s leading global consumer intelligence company, in its latest report found consumers remain determined and resilient despite the uncertainty, providing a strategic roadmap for retailers looking to win over consumers over the next 12 to 18 months and beyond.

Scientex's FY2024 Net Profit Rises To RM545.21 Mln, Declares 6 Sen Dividend

KUALA LUMPUR, Sept 24 (Bernama) -- Scientex Bhd’s net profit for the financial year ended July 31, 2024 (FY2024) surged by 24.4 per cent to RM545.21 million from RM438.14 million a year ago.

Encouraging July Economic Performance Driven By Real Imports Of Semiconductors - DOSM

KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia witnessed encouraging economic performance in July 2024, with the leading index (LI) registering 5.2 per cent, reaching 115.1 points as compared to 109.4 points in the same month of the previous year, according to the Department of Statistics Malaysia (DoSM).

ASEAN Data Centre Market Can Reach US$11 Bln By 2028 - Maybank IB

KUALA LUMPUR, Sept 24 (Bernama) -- The potential total addressable market for ASEAN data centres is estimated to reach US$11 billion (US$1=RM4.20) by 2028 on the back of the global data centre demand boom, according to Maybank Investment Bank (Maybank IB) Bhd.

AirAsia Cambodia’s Siem Reap-Singapore Route To Propel the Kingdom’s Aviation Sector

From Vijian Paramasivam

PHNOM PENH, Sept 24 (Bernama) -- AirAsia Cambodia announced a strategic move to launch its new Siem Reap to Singapore route by targeting the year-end rising passenger traffic that will help to spur the domestic aviation sector.

EPB Group To Buy Industrial Land For RM22.49 Mln

KUALA LUMPUR, Sept 23 (Bernama) -- EPB Group Bhd subsidiary Easy Pack Machinery Sdn Bhd has signed a sale and purchase agreement with Penang Development Corporation to acquire a parcel of industrial land located at Plot P23B, Penang Science Park North for RM22.49 million

CPO Futures Higher On Greater Export Outlook, Slowing Sept Production

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the fourth consecutive trading day on anticipation of greater export outlook amidst slowing production in September.

MRC Projects Exports Of Rubber, Related Products To Exceed RM30 Bln

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian Rubber Council (MRC) has projected Malaysia's rubber and rubber products exports could exceed RM30 billion by the end of the year, buoyed by strong performance in the first half of 2024 (1H 2024).

Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts

KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.