Ringgit Rebounds To End Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.

Balabala Opens Maiden Store In Malaysia At Pavilion Kuala Lumpur

By Naveen Prabu

KUALA LUMPUR, Jan 10 (Bernama) -- Children’s wear brand Balabala has opened its first store in Malaysia at Pavilion Kuala Lumpur today.

MATRADE Inks Solar PPA With Kejuruteraan Cahaya Abadi

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia External Trade Development Corporation (MATRADE) today signed a solar power purchase agreement (PPA) with Kejuruteraan Cahaya Abadi Sdn Bhd (KCASB) for electricity consumption savings worth RM500,000 a year.

MGA Calls For Ban On Import, Sale Of Gold-Wrapped Silver Products

KUALA LUMPUR, Jan 7 (Bernama) -- The Malaysia Gold Association (MGA) has called for the immediate cessation of and ban on the import, fabrication, and sale of “gold-wrapped silver” and similar gold-wrapped products.

Keyfield's Vessel Acquisition To Increase FY2025f Core Net Profit By Seven Pct -- AmInvest

KUALA LUMPUR, Jan 7 (Bernama) -- Keyfield International Bhd’s platform supply vessel (PSV) acquisition is expected to provide a seven per cent increase towards the group’s financial year 2025 (FY2025F) core net profit (CNP) forecast, according to AmInvestment Bank Bhd (AmInvest).

Local Institutions Back Bursa Malaysia For 11th Straight Week

KUALA LUMPUR, Jan 6 (Bernama) -- Local institutions supported Bursa Malaysia for the 11th consecutive week, with net purchases of RM304.0 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF).  

Hunza Says Senze@PICC Progressing Well, Homeowners Can Expect To Receive Keys In 2027

GEORGE TOWN, Jan 3 (Bernama) -- Construction of Hunza Properties Bhd's latest flagship development, Senze@PICC, is progressing well, with purchasers expected to receive keys to their homes in 2027.

Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB). 

Taiwan's Linco Technology Acquires Senai Airport City Land

KUALA LUMPUR, Jan 2 (Bernama) -- Senai Airport City Sdn Bhd and Lincotec Technology (Malaysia) Sdn Bhd, a wholly owned subsidiary of Taiwan’s Linco Technology Co. Ltd, have entered into a sale and purchase agreement for Lincotec to acquire 4.02 hectares (9.93 acres) of industrial land.

Bursa Malaysia Ends First Trading Day Of 2025 On Weak Note

KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index ended the first trading day on a subdued note due to profit-taking activities following the year-end rally in the early part of the week and in line with most regional markets. 

Gamuda Able To Develop Up To 1,000MWs Data Centre On Newly Acquired Land - HLIB

KUALA LUMPUR, Dec 31 (Bernama) -- The land acquired by Gamuda Bhd at Springhill Industrial Park in Negeri Sembilan could support the development of data centre (DC) capacities of between 700-1,000 megawatts (MWs) based on two to three MWs per acre with a downward adjustment in net area, Hong Leong Investment Bank’s (HLIB) preliminary estimates show.

Gamuda Unit Acquires Freehold Land In Port Dickson For RM424.4 Mln

KUALA LUMPUR, Dec 30 (Bernama) -- Gamuda Bhd’s wholly owned indirect subsidiary, Gamuda DC Infrastructure Sdn Bhd, has entered into a sale and purchase agreement with West Synergy Sdn Bhd to acquire 157.42 hectares of freehold land plots in Port Dickson for RM424.4 million.