20d ago
KUALA LUMPUR, March 3 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is keeping its baseline forecast for the ringgit to continue to strengthen further against the US dollar, averaging in 2026 to around RM4.00 (2025: RM4.28).
20d ago
KUALA LUMPUR, March 3 (Bernama) -- Space42 and Viasat Inc will present updates on their planned direct-to-device (D2D) infrastructure and the priorities for Equatys, their upcoming joint venture, at Mobile World Congress in Barcelona.
21d ago
KUALA LUMPUR, March 2 (Bernama) -- The government has approved the renewal of Lynas Malaysia’s operating licence for 10 years, effective tomorrow, following technical assessments, verification of legal compliance, consideration of national strategic interests, and commitments given by the company.
21d ago
KUALA LUMPUR, March 2 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of India’s ICICI Lombard General Insurance Company Limited (ICICI Lombard).
1m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 23 (Bernama) -- Bursa Malaysia ended the first trading day of the week higher, maintaining its momentum from last week amid improving investor sentiment following the latest United States tariff announcements.
1m ago
KUALA LUMPUR, Feb 23 (Bernama) -- CIMB Securities Sdn Bhd expects Malayan Banking Bhd’s (Maybank) core net profit for the fourth quarter of 2025 (4Q 2025) to rise 11.9 per cent year-on-year, driven by a more favourable outlook for non-interest income (NOII).
1m ago
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 21 (Bernama) -- The United States (US) Supreme Court ruling limiting President’s unilateral tariff authority would improve global economic and market sentiment, with economists saying the development could benefit Malaysia’s exports, capital markets and currency outlook.
1m ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Feb 14 (Bernama) -- The rubber market is expected to trade sideways with a slight upward bias next week, supported by lower latex output due to the wintering period.
1m ago
KUALA LUMPUR, Feb 12 (Bernama) -- MUFG Bank Ltd expects the ringgit to strengthen toward 3.70 against the US dollar by end-2026, underpinned by a more durable appreciation cycle driven by structural fundamentals.
1m ago
KUALA LUMPUR, Feb 10 (Bernama) -- Khazanah Nasional Bhd reported a resilient performance for the year ended Dec 31, 2025, with net assets of RM105 billion and a 5.2 per cent return for the financial year 2025, underpinned by disciplined portfolio management and long-term value creation.
1m ago
KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year.
1m ago
By K. Naveen Prabu
KUALA LUMPUR, Feb 9 (Bernama) -- Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2025 (4Q 2025) is expected to exceed the the year-earlier level, signalling stronger underlying momentum and lower downside risks heading into 2026, according to economists