1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s demand for ferrous metals and their value-added products will be well driven by the roll-out of major local infrastructure projects, according to Kenanga Investment Bank Bhd (Kenanga IB).
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- The government will lease more rolling stocks for the Padang Besar, Perlis, to Johor Bahru train services to boost current rail capacity to 50 per cent by 2030, said Economy Minister Rafizi Ramli.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia ended the morning session in negative territory due to profit-taking in selected heavyweights, primarily dragged down by plantation counters.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has projected that air travel recovery will remain intact and demand will be robust in 2025, with an estimation of tourist arrivals of 31 million into Malaysia this year, up 15 per cent from an estimated 27 million last year.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The highly anticipated Gemas-Johor Bahru Electrified Double-Track Rail Project (Gemas-JB EDTP) is on track for completion by the third quarter of this year, said Transport Minister Anthony Loke.
1y ago
By Mikhail Raj Abdullah and Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 7 (Bernama) -- It is indeed alarming that Malaysians lose RM54 billion to scams in a year, which is about three per cent of the country's Gross Domestic Product.
1y ago
PUTRAJAYA, Jan 7 (Bernama) -- The government has decided that the Kuala Lumpur-Singapore High-Speed Rail (HSR) project can be revived if there is full participation from the private sector, with minimal government involvement, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia ended the morning session mixed, with buying interest in heavyweights offset by widespread selling of small-caps stocks.
1y ago
By Karina Imran & Mikhail Raj
KUALA LUMPUR, Jan 6 (Bernama) -- Prices of double-storey residential houses in the Klang Valley, especially in Kuala Lumpur (KL) and Petaling Jaya (PJ), are expected to increase by 3.0 per cent to 4.0 per cent this year.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects property sales to grow by 10 per cent year-on-year (y-o-y) in 2025 with some developers likely to focus on launching mid-range high-rise products to conserve landbanks and address potential affordability issue.
1y ago
GEORGE TOWN, Dec 31 (Bernama) -- Penang has attracted an impressive investment inflow in the industrial sector this year, with approved investments up to the third quarter (3Q) hitting RM22.6 billion.