1y ago
From Kamarul Ariffin MD Yassin
ABU DHABI, Jan 14 (Bernama) -- Malaysia welcomes companies from the United Arab Emirates (UAE) to invest in Malaysia involving renewable energy (RE) projects, including data centres, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- The Malaysia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (MY-UAE CEPA) is expected to boost total bilateral trade between the two countries by at least 60 per cent in five years, contributing to a more sustainable economic growth.
1y ago
KUALA LUMPUR, Nov 21 (Bernama) -- Sunway Construction Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) increased to RM46.47 million from RM35.01 million in the same quarter last year.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia remained marginally higher, tracking Wall Street’s strong overnight performance and aligning with most regional peers.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia closed higher today, buoyed by supportive local economic policies, positive sentiment from strong technology stocks earnings, and a favourable United States (US) market outlook, an analyst said.
1y ago
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.
1y ago
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia's benchmark index opened slightly higher despite a weaker Wall Street performance overnight as the US Federal Reserve cut interest rate by half a point.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia traded flat to lower during the early morning trade, taking its cue from Wall Street’s muted overnight performance as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.
1y ago
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended the morning session higher, ahead of the US Federal Reserve’s (Fed) interest rate decision tomorrow, with sentiment lifted by rising expectations for an oversized rate cut.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia is expected to consolidate within the 1,630-1,670 range next week, offering accumulation opportunities and potentially setting the stage for an upward move as market sentiment improves.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.