US-China Tariff Rollback May Delay Purchasing Decisions For Malaysian Glove Makers

KUALA LUMPUR, May 13 (Bernama) -- The latest United States (US)-China tariff rollback will impact Malaysia’s glove makers, delaying purchasing decisions due to ongoing uncertainty, said Maybank Investment Bank Bhd (Maybank IB).

Foreign Investors Extend Buying Streak On Bursa Malaysia With RM422.6 Mln Inflows

KUALA LUMPUR, May 13 (Bernama) -- Foreign investors extended their streak of net inflows on Bursa Malaysia for the third week, recording a net inflow of RM422.6 million last week, though lower than the previous week of RM853.3 million.

CIMB Downgrades Recommendations On Petronas Chemicals To ‘Hold’

KUALA LUMPUR, May 9 (Bernama) -- CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a "Hold” from “Buy”.

REHDA Sees Positive Impact On Housing Affordability After SPAN Revises Sewerage Charges

KUALA LUMPUR, May 9 (Bernama) -- The Real Estate and Housing Developers’ Association (REHDA) Malaysia said the revision of the Sewerage Capital Contribution (SCC) rates by the National Water Services Commission (SPAN) is expected to benefit the property development industry.

Malaysia Imposes Anti-dumping Duties On Pet Imports From China, Indonesia

KUALA LUMPUR, May 7 (Bernama) -- Malaysia has imposed definitive anti-dumping duties on imports of Polyethylene Terephthalate (PET) from China (from 2.29 per cent to 11.74 per cent), and Indonesia (37.44 per cent), effective today.

Foreign Investors Continue Buying Streak On Bursa Malaysia With RM853.8 Mln Inflows

KUALA LUMPUR, May 5 (Bernama) -- Foreign investors continued their streak of net inflows on Bursa Malaysia, extending to a two-week buying streak, recording a net inflow of RM853.8 million, marking the first consecutive weeks of net foreign inflows since September 24.

Perma-Pipe FY24 Sales Up, Backlog Doubles To US$138 Mln

KUALA LUMPUR, May 2 (Bernama) -- Perma-Pipe International Holdings Inc reported full-year net income of US$9.0 million for fiscal 2024 (FY24), down from US$10.5 million a year earlier due to the absence of a one-time US$5.9 million non-cash tax benefit recognised in 2023. (US$1=RM4.31)

Malaysia’s Manufacturing PMI Slips To 48.6 In April Amid Weak Demand - S&P

KUALA LUMPUR, May 2 (Bernama) -- Malaysia’s Manufacturing Purchasing Managers’ Index (PMI) eased to 48.6 in April from 48.8 in March, as manufacturers cut back on purchases and drew down stocks of raw materials and finished goods amid a lack of new orders, according to S&P Global Market Intelligence.

WTK Holdings Disposes Logging Unit For RM23.5 Mln

KUALA LUMPUR, April 30 (Bernama) -- WTK Holdings Bhd today entered into a sale and purchase share agreement with Huang Qian Wen to sell its 100 per cent stake in Song Logging Company Sdn Bhd (SLCSB) for RM23.5 million.

DXN Holdings Share Price Up After Posting Higher Net Profit For FY2025

Foreign Investors Roar Back To Bursa Malaysia With RM332.3 Mln Inflows

KUALA LUMPUR, April 28 (Bernama) -- Foreign investors registered a net inflow on Bursa Malaysia, reversing a 26-week selling streak and recording RM332.3 million in net inflows, marking the first week of net foreign inflows since Oct 24.

Cautious Outlook For Bursa Malaysia Next Week As Investors Await Response To US Tariffs

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 26 (Bernama) -- Bursa Malaysia is expected to maintain a cautious outlook next week, consolidating within a tight range of 1,513 to 1,515, as investors await clarity on Malaysia’s strategic response to the recent US tariff announcements, from a special Dewan Rakyat sitting on May 5.