FBM KLCI Futures Likely To Consolidate Around 1,600 Level Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to stabilise around the key level of 1,600 as investors take a cautious approach ahead of significant external developments.

AKWEL Posts 1H Profit Drop Amid Disputes, Cost Controls Boost Margin

KUALA LUMPUR, Sept 19 (Bernama) -- AKWEL, a manufacturer of parts and systems for the automotive and heavy-vehicle industry, has reported a net income of 13.6 million euros for the first half (1H) of 2025, a decrease of 32.9 per cent compared to the same period last year. (1 Euro = RM4.93) 

Automotive Sector TIV Up 4.2 Pct In August 2025

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) rose 4.2 per cent to 73,041 units in August from 70,101 units in July, according to the Malaysian Automotive Association (MAA).

Malaysia, China Strengthen Cargo Partnership To Drive KLIA As Leading Regional Hub

SEPANG, Sept 18 (Bernama) — Malaysia and China are strengthening regional trade through a strategic cargo partnership that positions Kuala Lumpur International Airport (KLIA) as a leading regional hub to accelerate Malaysia’s economic growth.

AM Best Affirms Superior Ratings For Tokio Marine & Nichido Fire Insurance, Subsidiaries

KUALA LUMPUR, Sept 11 (Bernama) -- AM Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (Long-Term ICRs) of “aa+” (Superior) of Japan’s Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF) and its subsidiaries.

Chow Confident Penang CRA Can Be Restored To Nearly RM1 Bln By 2028

GEORGE TOWN, Sept 11 (Bernama) -- Chief Minister Chow Kon Yeow is confident that Penang's Consolidated Revenue Account (CRA) can be restored to nearly RM1 billion by 2028 through prudent financial management and higher state revenue.

Wellous, Korea Ginseng Corporation Ink Partnership To Drive Health, Wellness Growth In Asia

KUALA LUMPUR, Sept 8 (Bernama) -- Wellous Sdn Bhd, owner of Malaysian health brand Wellous, has signed a memorandum of understanding (MoU) with Korea Ginseng Corporation (KGC) to explore joint commercial models and market development for the Jung Kwan Jang brand across selected Asian markets.

WTK Plans To Acquire 3 Companies In RM555 Mln Oil Palm Expansion Plan

KUALA LUMPUR, Sept 4 (Bernama) -- WTK Holdings Bhd and its wholly-owned subsidiary, BioPalm Venture Sdn Bhd, are mulling several acquisitions worth RM555 million.

MSP Sports Capital Exits McLaren Racing After Pivotal Role In F1 Team's Revival

KUALA LUMPUR, Sept 3 (Bernama) -- MSP Sports Capital, a New York-based private investment firm, has confirmed the sale of its equity interest in McLaren Racing, including its Formula 1 (F1) Team, to McLaren Group Limited.

Hap Seng's 2Q Net Profit Slips To RM143.68 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

Fadillah To Lead Malaysia At APEC Energy Ministers Meeting In Busan

From Harizah Hanim Mohamed

BUSAN, Aug 24 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof will lead Malaysia’s delegation to the 15th APEC Energy Ministers Meeting (APEC EMM15) in Busan, South Korea, reaffirming the country’s commitment to net-zero greenhouse gas emissions by 2050 and its role in regional energy cooperation.