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RHBIB Upgrades Call On Plantation Sector, Share Prices Yet To Reflect CPO Prices

KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.

Kerjaya Prospek's Shares Up Following Plans To Expand Property Portfolio In Penang

KUALA LUMPUR, Nov 12 (Bernama) -- Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.

Bursa Malaysia Opens Higher, Tracking Overnight Wall St Gains

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia opened higher, rebounding on a stronger Wall Street performance overnight, according to an analyst.

Bursa Malaysia Ends Lower On Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst. 

Ambank Foresees Slightly Slower 3Q GDP Growth At 5.1 Pct

KUALA LUMPUR, Nov 11 (Bernama) -- AmBank Group foresees a slightly slower year-on-year (y-o-y)  gross domestic product (GDP) growth of 5.1 per cent for Malaysia in the third quarter of 2024 (3Q2024), down from the official advance estimate of 5.3 per cent.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

KUSKOP, MoF, KESUMA To Address Minimum Wage Impact On MSMEs - Ewon

KUALA LUMPUR, Nov 11 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) is set to address the impact of minimum wages on micro, small, and medium enterprises (MSMEs) with the Ministry of Finance (MoF) and the Ministry of Human Resources (KESUMA).

Monsha’at Takes Significant Step Transforming Saudi Entrepreneurship Landscape

KUALA LUMPUR, Nov 11 (Bernama) -- The Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, Monsha’at, has taken another important step towards reshaping the Saudi entrepreneurship landscape.

Malaysia To Monitor United States' New Economic Policy

GEORGE TOWN, Nov 11 (Bernama) -- Malaysia will monitor the new economic policies to be released by the upcoming United States (US) cabinet, following Donald Trump’s recent presidential election victory.

Biban24 Propels Saudi Entrepreneurial Ecosystem Growth, Development

KUALA LUMPUR, Nov 11 (Bernama) -- More than 23 agreements were signed, along with several project launches valued at over 580 million Saudi riyals, on the third day of the Biban24. (100 Saudi riyals = RM117.40)

Govt Aims To Lower Fiscal Deficit To 3 Pct In Medium Term – Lim

KUALA LUMPUR, Nov 11 (Bernama) -- The government aims to reduce the fiscal deficit to three per cent in the medium term, as outlined in the MADANI Economy framework and the Public Finance and Fiscal Responsibility Act 2023 (Act 850).

Analysts Expect Maxis To Continue Positive Momentum

KUALA LUMPUR, Nov 11 (Bernama) -- Maxis Bhd’s earnings performance is commendable despite the rather saturated market view with regards to competitive pricing, quota and speed offerings, said MIDF Amanah Investment Bank Bhd.