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FBM KLCI To Test 1,730 Level This Year - Rakuten Trade

KUALA LUMPUR, Jan 16 (Bernama) -- Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to test the 1,730 level this year, based on 16 times price-earnings ratio on 2025 earnings growth. 

ASEAN+3 Working Committee Meeting Outlines ASEAN's 2025 Main Economic Priorities

KUALA LUMPUR, Jan 15 (Bernama) -- The First Meeting of the ASEAN+3 Working Committee has agreed to set the Priority Economic Deliverables (PEDs) for ASEAN 2025, which include increasing access to sustainable and fair climate transition financing, said the Ministry of Finance (MoF).

Southern Score Builders' Unit Secures RM78.0 Mln Contract

KUALA LUMPUR, Jan 15 (Bernama) -- Southern Score Builders Bhd’s (SSBB) wholly-owned subsidiary, Southern Score Sdn Bhd (SSSB) has bagged a contract from Seribu Megah Sdn Bhd to undertake a proposed upgrading works on a detention pond in Kuala Lumpur worth RM78.0 million.

SC To Unveil Toolkit To Assist Listed Companies’ Transition To Meet NSRF Compliance

KUALA LUMPUR, Jan 15 (Bernama) -- The Securities Commission Malaysia (SC) is concerned about the ability of “Group 2” and “Group 3” listed companies to comply with the National Sustainability Reporting Framework (NSRF).

US AI Chip Export Restrictions Proposal Won't Hinder Mah Sing-BDC Collaboration

KUALA LUMPUR, Jan 14 (Bernama) -- Mah Sing Group Bhd remains confident that the proposed new restrictions on artificial intelligence (AI) chip exports by the United States (US) will not hinder collaboration with Bridge Data Centres (BDC) or the broader growth of Malaysia’s digital infrastructure sector.

99 Speed Mart's Share Price Lower Despite Positive Outlook, Growth Strategies

KUALA LUMPUR, Jan 13 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s (99 Speed Mart) share price on Bursa Malaysia had slipped during the afternoon trading, despite analysts projecting a positive outlook based on the company’s growth strategies.

BMI Ups Its End-2025 Ringgit Forecast To RM4.40 Per USD

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.

Arte Corp Collaborates With COBNB Malaysia For Its RM460 Mln GDV Project In Mont Kiara

KUALA LUMPUR, Jan 11 (Bernama) -- Property developer Arte Corp Malaysia is partnering with COBNB Malaysia, a luxury short-term stay operator, to manage the units at its iconic RM460 million gross development value (GDV) Arte Solaris development in Mont Kiara.

Major Infrastructure Projects To Drive Malaysia's Steel Demand - Kenanga IB

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s demand for ferrous metals and their value-added products will be well driven by the roll-out of major local infrastructure projects, according to Kenanga Investment Bank Bhd (Kenanga IB).

Air Travel Demand Will Be Robust In 2025, Driven By Surge In Business, Leisure Travel

KUALA LUMPUR, Jan 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has projected that air travel recovery will remain intact and demand will be robust in 2025, with an estimation of tourist arrivals of 31 million into Malaysia this year, up 15 per cent from an estimated 27 million last year.

Pluxee Surpasses Revenue Projections With New, Ongoing Contracts

KUALA LUMPUR, Jan 8 (Bernama) -- French-based company, Pluxee reported a 12.1 per cent increase in organic growth for its operating revenue in the first quarter of fiscal 2025, reaching 249 million euros, largely driven by Employee Benefits. (1 euro = RM4.64)

Gemas-JB EDTP On Track For Completion In 3Q This Year - Loke

KUALA LUMPUR, Jan 7 (Bernama) -- The highly anticipated Gemas-Johor Bahru Electrified Double-Track Rail Project (Gemas-JB EDTP) is on track for completion by the third quarter of this year, said Transport Minister Anthony Loke.