BIMB Holdings Partners RELDYN To Advance Shariah-compliant Digital Finance

KUALA LUMPUR, Feb 6 (Bernama) -- Bank Islam Malaysia Bhd’s wholly owned subsidiary, BIMB Holdings Sdn Bhd, has partnered with RELDYN Tech Sdn Bhd to advance the Shariah-compliant digital finance landscape.

Ringgit Opens Higher vs USD On Weaker US Economic Data

By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.

Gold Futures Rise Amid Global Gold Rush Fuelled By Central Banks' Demand

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives strengthened today, following a global gold rush driven by persistent demand from central banks, said an analyst.

Tax Reforms Will Help Reduce Inequality In Malaysia -- World Bank

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.

Trade War Will Not Hinder Malaysia's GDP Growth For 2025 - Rafizi

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia is on track to meet its 2025 gross domestic product (GDP) growth target despite the risks posed by the tariff war, said Economy Minister Datuk Seri Rafizi Ramli.

KL Shares End Broadly Higher Led By Construction, Utility Stocks

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 5 (Bernama) -- Shares on Bursa Malaysia closed broadly higher with buying mainly in construction, properties, utilities, and technology sectors, analysts said.

Bursa Malaysia Ends Morning Session Higher On Continuous Buying

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, bolstered by continuous buying momentum led by the construction and utilities counters, analysts said. 

Maybank IB Raises 2025 TIV Forecast By Five Pct To 790,000 Units

KUALA LUMPUR, Feb 5 (Bernama) -- Maybank Investment Bank (Maybank IB) has raised its total industry volume (TIV) forecast for this year by five per cent to 790,000 units, up from its previous estimate of 750,000 units.

Alliance Bank Rolls Out Flood Relief Assistance In Sabah And Sarawak

KUALA LUMPUR, Feb 5 (Bernama) -- Alliance Bank Malaysia Bhd has announced a flood relief assistance programme to help ease the financial burdens faced by customers impacted by the recent floods in Sabah and Sarawak.

Bursa Malaysia Opens Higher On Buying Interest In Selected Bluechips

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia opened slightly higher today supported by buying interest in selected bluechip utilities and construction counters, analysts said. 

Malaysia Needs A Holistic Framework For Gold Industry Management

KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia must strengthen and optimise its gold resource management by establishing a holistic and comprehensive National Gold Industry Management Framework.

Bursa Malaysia Closes Higher On Bargain Hunting

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia closed higher on Tuesday as bargain hunting continued in most index-linked counters, led by financial services, analysts said.