1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated thereafter due to extended profit taking in selected heavyweights as investors remained on the sidelines due to the lack of fresh leads, dealers said.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit continued its downtrend to close lower against the US dollar on Monday as the American economy showed further signs of recovery, spurring demand for the greenback.
1y ago
By Karina Imran & Danni Haizal Danial Donald
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies amid cautious sentiment ahead of the People's Bank of China (PBoC) fixing today, an analyst said.
1y ago
KUALA LUMPUR, Jan 5 (Bernama) – Malaysian cafe owners who import coffee beans and sell speciality coffees are now faced with the challenge of rethinking their pricing strategies as coffee bean prices hit record highs.
1y ago
KUALA LUMPUR, Dec 31 (Bernama) -- The land acquired by Gamuda Bhd at Springhill Industrial Park in Negeri Sembilan could support the development of data centre (DC) capacities of between 700-1,000 megawatts (MWs) based on two to three MWs per acre with a downward adjustment in net area, Hong Leong Investment Bank’s (HLIB) preliminary estimates show.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 30 (Bernama) -- The Malaysian Financial Planning Council (MFPC) is strongly urging affected insurance policyholders not to terminate their policies due to premium adjustments after Bank Negara Malaysia (BNM) introduced interim measures to regulate medical and health insurance/takaful (MHIT) premiums.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- Rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in 2025, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.
1y ago
KUALA LUMPUR, Dec 29 (Bernama) -- A well-designed approach can be transformative for Malaysia’s carbon markets as it incentivises industries to reduce emissions while creating a foundation for a robust carbon trading ecosystem, said Engie Services Malaysia Sdn Bhd.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit maintained its upward trajectory to close higher against the US dollar and major currencies, mainly lifted by rising oil prices.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- The Financial Planning Association of Malaysia (FPAM) has welcomed Bank Negara Malaysia’s (BNM) move to cap annual premium increases for medical insurance and takaful at 10 per cent.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) welcomes the government’s decision to maintain the Imbalance Cost Pass-Through (ICPT) surcharge at 16 sen per kilowatt hour (kWh) for the first half of 2025.