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Sarawak Metro Awards RM122 Mln Contract For Hydrogen Bus Supply to JV

KUCHING, Oct 25 (Bernama) -- Sarawak Metro Sdn Bhd (Sarawak Metro) has awarded a contract worth over RM122 million to a joint venture (JV) company comprising SKS Coachbuilders Sdn Bhd and Sun Credit Sdn Bhd for the supply of hydrogen-powered feeder buses.

Bursa Malaysia Ends Lower Amid Cautious Sentiment 

By Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia extended its losing streak for the fifth consecutive day on Friday as investors remained cautious and refrained from making significant market moves, said an analyst

IRB Implements TCC Pilot Project For Govt Procurement Works Involving JKR And JPS

PUTRAJAYA, Oct 25 (Bernama) — The Ministry of Finance Malaysia (MOF), in collaboration with the Inland Revenue Board of Malaysia (IRB), is expanding the implementation of the Tax Compliance Certificate (TCC) for the procurement of physical works and consulting services as a pilot project from Oct 1, 2024, to March 31, 2025.

PIVB Maintains 'Outperform' Rating On AAX

KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).

Bursa Opens Little Changed On Friday 

KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia opened slightly higher today on volatile trading amid Wall Street's mixed sentiment after corporate earnings showed varying performances, said an analyst.

Malaysia's Inflation Likely To Trend At 2.9 Pct In 2025 -- Allianz

KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.

Bursa Malaysia Extends Decline On Global Equity Sell-off 

By Karina Imran

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst. 

Malaysia’s Economic Outlook For 2025: Optimism Amid Policy Challenges – MIER

KUALA LUMPUR, Oct 23 (Bernama) -- Malaysia's economic outlook for 2025 appears optimistic, with a mix of opportunities and challenges ahead, according to the Malaysian Institute of Economic Research (MIER).

Bursa Malaysia Ends Morning Trading Lower Amidst Weak Sentiments

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia remained on a downtrend at the end of the morning trading session today, dragged down by profit-taking in selected heavyweights amidst weaker sentiments among regional peers, said an analyst.

Capital A Could Benefit From Favourable Factors As It Undergoes Restructuring - PIVB

KUALA LUMPUR, Oct 24 (Bernama) -- Capital A Bhd is expected to benefit from favourable factors such as ringgit appreciation, robust air travel demand, and lower jet fuel prices amid its proposed restructuring plan, said Public Investment Bank Bhd (PIVB).

Bursa Malaysia Starts Lower, Impacted By Wall Street's Performance

By Karina Imran

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia opened lower this morning, weighed down by Wall Street's lacklustre performance, according to an analyst.

Bursa Malaysia Ends Lower For Third Consecutive Day 

By Karina Imran

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia closed lower for the third consecutive day, mirroring the subdued performance of the United States (US) stock indices following a day of mixed trading, said an analyst.