MAG Acquires 30 New Boeing 737 Narrowbody Aircraft

PUTRAJAYA,  March 21 (Bernama) -- Malaysia Aviation Group (MAG) has announced the acquisition of 30 new aircraft directly from Boeing as part of its fleet modernisation strategy. 

Ringgit Ends Higher Against US Dollar On Dovish Signal From The Fed

By Danni Haizal Danial Donald

KUALA LUMPUR, March 20 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as the US Federal Reserve (Fed) maintained its benchmark interest rate but signalled that the rate-cutting narrative remained on track.

Ringgit Opens Higher After FOMC's Dovish Tone

KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.  

Solarvest In Good Position To Capitalise On Malaysia RE Sector Opportunities - Maybank IB

KUALA LUMPUR, March 19 (Bernama) -- Solarvest Holdings Bhd is well positioned to capitalise on emerging opportunities in the Malaysia renewable energy (RE) sector by leveraging on its strong market share in solar energy.

Epic Targets Higher FY2025 Revenue Following New Petronas Contracts -- CEO

KUALA LUMPUR, March 17 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (Epic) is targeting a higher revenue of RM470 million for the financial year 2025 (FY2025), following its strong FY2024 performance that saw revenue reaching RM403.8 million, the highest in the company’s history.

Analyst Sees TNB As Safe Haven Amid Market Volatility, Maintains 'Hold' Call

KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.

HLIB Optimistic SMRT's Path To Profitability, Main Market Transfer

KUALA LUMPUR, March 14 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is confident SMRT Holdings Bhd is on track to fully eliminate accumulated losses and shift to retained earnings, positioning it for a transfer to the Main Market with stronger earnings expected in financial year 2025 (FY2025).

Malaysia Can Get Positive Ratings If Fiscal Outperformance Sustains Into 2025 - Maybank Research

KUALA LUMPUR, March 10 (Bernama) -- Maybank Research Pte Ltd has reiterated its views that Malaysia could get one positive rating action from S&P, Moody’s or Fitch by mid-2026 if the momentum of fiscal outperformance sustains into 2025. 

Sunway Construction Secures RM1.5 Bln Contract For RTS TOD Works In Bukit Chagar

KUALA LUMPUR, March 5 (Bernama) -- Sunway Construction Group Bhd has secured a contract worth an estimated RM1.5 billion from Sunway Integrated Properties Sdn Bhd to undertake construction works related to Rapid Transit System Transport Oriented Development (RTS TOD) project in Bukit Chagar, Johor.

IMF Sees Malaysia Growing 4.7 Pct In 2025, Urges Sustained Fiscal Consolidation

KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.  

Sime Darby Property Confident In Data Centre Expansion Despite US Semiconductor Tariffs

KUALA LUMPUR, March 3 (Bernama) -- Sime Darby Property Bhd (SDP) remains confident in its data centre business despite concerns over United States (US) semiconductor tariffs and artificial intelligence (AI) chip export restrictions, citing exemptions for US companies operating in Malaysia.

EPF To Base Future Investments On Strategic Asset Allocation – CEO

SHAH ALAM, March 1 (Bernama) -- The Employees Provident Fund’s (EPF) future investments will be guided by its Strategic Asset Allocation (SAA), which follows a three-year investment cycle and is reviewed every three years.