1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia staged a rebound from yesterday's losses at the opening bell today, supported by renewed buying activities in selected heavyweights amid a recovery in the regional markets, according to an analyst.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit closed lower on Wednesday as rising geopolitical risks spurred the buying of safe haven assets such as the greenback, nevertheless it still emerged as a global best performer against the US dollar in a three-month period from July 2 to Oct 2.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Econpile Holdings Bhd's wholly owned subsidiary, Econpile (M) Sdn Bhd, has secured two contracts worth a combined RM33.3 million from Sg Besi Construction Sdn Bhd.
1y ago
PUTRAJAYA, Oct 2 (Bernama) -- The Malaysian Islamic Economic Development Foundation (YAPEIM) is committed to supporting entrepreneurs from underprivileged backgrounds by providing business capital funding.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- KIP Real Estate Investment Trust (KIP REIT) has secured shareholders’ approval to acquire DPulze Shopping Centre in Cyberjaya for RM320 million.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- CIMB Securities Sdn Bhd expects the latest MISC Bhd’s liquefied natural gas (LNG) carriers construction contracts from Petronas to contribute RM47 million - RM120 million to its core net profit from the financial year 2027 (FY2027).
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Sunzen Biotech Bhd’s acquisition of 70 per cent equity interest in Eye Nation Medical Sdn Bhd, a company engaged in the optical medical diagnostic equipment business, will allow the group to expand into the ophthalmic industry.
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) has named Caroline Alder-Smurthwaite to its Global Underwriting Office for Casualty & Healthcare and promoted Charlotte Behar to succeed Alder-Smurthwaite as Head of Casualty, United Kingdom (UK).
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Menlo Security, the pioneer of Secure Enterprise Browsers announced the company has surpassed US$100 million in annual recurring revenue (ARR) and achieved 50 per cent growth in the last 24 months. (US$1=RM4.15)
1y ago
KUALA LUMPUR, Oct 2 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Budget 2025 to responsibly walk the fiscal consolidation path, a lower fiscal deficit target from -4.3 per cent to -3.9 per cent, yet be supportive of gross domestic product (GDP) growth, subsidies savings and improved revenue channels.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 2 (Bernama) – Lower taxes and duties on construction machinery, along with improved access to financing and reasonable interest rates for industry players and builders, were among the proposals put forward by the Master Builders Association Malaysia (MBAM) for Budget 2025.