1y ago
KLANG, Jan 17 (Bernama) -- U Mobile Sdn Bhd, Malaysia’s second 5G network operator, plans to roll out its second 5G network within the next 15 to 18 months, according to chairman Tan Sri Vincent Tan.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s economy is expected to grow at a pace of 4.6 per cent this year, driven by increased domestic spending and investment, alongside continued expansion in external trade, according to MIDF Amanah Investment Bank Bhd.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 15 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its downtrend today on weaker demand from key market destinations, namely India, China and the European Union.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Gamuda Bhd’s share price on Bursa Malaysia was higher at mid-morning after its consortium was appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit (LRT) project.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia's gross domestic product (GDP) is expected to hold steady at five per cent in 2025, consistent with the government’s target of 4.5 to 5.5 per cent, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- BMI, a unit of Fitch Solutions, has revised its end-2025 forecast for the ringgit to RM4.40 per US dollar (USD) from RM4.50 previously.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s Industrial Production Index (IPI) to sustain positive growth in 2025, projected at 3.0–4.0 per cent, following an estimated 3.4 per cent expansion in 2024.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has estimated that any potential capital expenditure (capex) cut by Petroliam Nasional Bhd (Petronas) following a gas distribution agreement with Petros in Sarawak would not exceed RM10 billion annually.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Kerjaya Prospek Group Bhd’s current outstanding order book of RM4.2 billion will keep them busy for the next three years, said Kenanga Investment Bank Bhd (Kenanga IB).
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” stance on the seaport and logistics sector as the shipping diversion from the Red Sea continues to weigh down on global trade.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.