Rubber Market Closes Higher Due To Weaker Rubber Supply
KUALA LUMPUR, March 3 (Bernama) -- The local rubber market closed higher on Monday, supported by weaker supply in natural rubber (NR) producing nations, according to a dealer.
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Malaysia's Feb PMI Rises To 49.7, Highest Since Last August – S&P Global
KUALA LUMPUR, March 3 (Bernama) -- The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.7 in February 2025, the highest reading since last August, S&P Global said.
Wasco Delivers Best Financial Performance In FY2024, Declares 2 Sen Dividend
KUALA LUMPUR, March 1 (Bernama) -- Energy solution provider Wasco Bhd delivered its best annual financial performance in the year ended Dec 31, 2024 (FY2024) with a 41.2 per cent jump in net profit to RM153.04 million.
KNM Group Disposes Of Entire Stake In DKNM To Japan's NGK For RM1.24 Bln
KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).
Analysts Revise Sunway's FY2025-2026 Earnings Forecast Upward On Positive Outlook
KUALA LUMPUR, Feb 27 (Bernama) -- Analysts have revised their earnings forecast for Sunway Bhd for the financial year 2025-2026 (FY2025-FY2026) upward, maintaining their ‘buy’ and ‘underperform’ calls on the company.
Petronas Seen Maintaining RM50 Bln CAPEX In 2025 Despite Petros Uncertainties
KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).
iHerb Hits US$2.4 Bln In 2024 Sales, Boosting Global Growth
KUALA LUMPUR, Feb 25 (Bernama) -- iHerb, one of the world's leading online retailers for health and wellness products, celebrated a groundbreaking 2024, with net sales surpassing US$2.4 billion, marking a historic peak for the company. (US$1=RM4.40)
MAHB Privatisation Signals Major Changes For Malaysia’s Airport Sector -- Aviation Experts
KUALA LUMPUR, Feb 25 (Bernama) -- The privatisation and delisting of Malaysia Airports Holdings Bhd (MAHB) represents a crucial turning point for the country’s aviation industry, offering a chance to improve operational efficiency and service quality across its airports, analysts opined.
Sime Darby To Leverage Its Strong Industrial Segment In 2025 - Analysts
KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.
MITI: ICA 1975 Review Among Steps To Boost Investor Confidence
PUTRAJAYA, Feb 25 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is taking proactive steps to strengthen investors' confidence, including reviewing the Industrial Coordination Act (ICA) 1975.
Ringgit Rallies vs US Dollar Amid Easing Trade Tension
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to close stronger against the US dollar on Monday, supported by easing US-China trade tension and weaker US economic data that initially pressured the dollar.
Capital A To Issue Internal Targets Alongside Quarterly Results
KUALA LUMPUR, Feb 24 (Bernama) -- Capital A Bhd will issue internal targets along with its quarterly financial results in order to give shareholders and the investment community a clearer understanding of the company’s financial outlook.