Reach Ten To Triple Fibre Optic Duct Infrastructure To 767km Within 3 Years

KUALA LUMPUR, May 2 (Bernama) -- Sarawak-based telecommunications service provider Reach Ten Holdings Bhd plans to triple its fibre optic duct infrastructure to 767 kilometres (km) in Sibu, Miri and Bintulu within three years utilising its initial public offering (IPO) proceeds.

Muted Start For Bursa Despite Wall Street Rally

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia opened lower on Friday, as investors returned from the holiday with slightly muted appetite, shrugging off overnight gains on Wall Street fuelled by strong earnings from Microsoft and Meta.

TM's SEA-ME-WE6, Data Centre Expansion To Positively Contribute Long-term Growth -- RHB Investment Bank

KUALA LUMPUR, April 30 (Bernama) -- RHB Investment Bank Bhd (IB) expects the commissioning of Telekom Malaysia Bhd’s (TM) Southeast Asia - Middle East - Western Europe 6 (SEA-ME-WE6) undersea cable by mid-2026 and its data centre (DC) expansion will positively contribute to its long-term growth.

Analysts Positive On F&N's Outlook Despite Lower 2Q FY2025 Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Analysts remained positive on Fraser & Neave Holdings Bhd’s  (F&N) outlook despite the company reporting a lower net profit for the second quarter ended March 31, 2025 (2Q FY2025).

Nestle Shares Soar Despite Reporting Lower 1Q Net Profit

KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.

Bursa Malaysia Starts Strong On Wall Street’s Positive Lead

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia opened on a positive note, buoyed by Wall Street’s upbeat performance as uncertainties surrounding the US-China trade war continued to ease.

Inari Amertron 'Oversold' -- RHB IB

KUALA LUMPUR, April 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) believes that Inari Amertron Bhd’s shares are oversold despite the uncertainties caused by the US-China trade war being only temporary.

CIMB Expects Lower 1Q Net Profit For Bursa Malaysia

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia Bhd, which is scheduled to release its first quarter of 2025 (1Q 2025) financial results on April 28, is expected to record a decline in its net profit by 9.8 per cent to 20.4 per cent quarter-on-quarter (q-o-q) and 17.2 per cent to 26.9 per cent year-on-year (y-o-y) to RM55 million-RM62 million.

CIMB Sees Possible OPR Cut In July Amid Growth Risks

KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.

Bursa Malaysia Higher At Midday, In Sync With Regional Peers

KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia remained higher in sync with the upbeat performance of regional peers amid optimism over easing United States (US)-China trade tensions. 

Bursa Rises On Hopes Of Improved US-China Ties

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia opened higher on Wednesday, tracking overnight gains on Wall Street amid hopes that trade tensions between the United States and China may ease.

Automotive Sector TIV Rises 12 Pct To 72,704 Units In March 2025

KUALA LUMPUR, April 22 (Bernama) -- The Malaysian Automotive Association (MAA) reported that the automotive sector’s total industry volume (TIV) rose by 12 per cent month-on-month in March 2025 to  72,704 units compared to 65,061 units in February.