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Ringgit Outlook Firm, Set To Retest 3.88 Level Amid Strong Inflows

By Siti Noor Afera Abu

KUALA LUMPUR, April 12 (Bernama) -- The ringgit’s outlook remains firm, supported by underlying macroeconomic fundamentals, with the market expected to retest the 3.88 level against the US dollar, reflecting short-term market positioning rather than a shift in the currency’s trajectory, economists said.

Sabah Must Recast Logistics As Strategic Growth Engine, Says Industry Expert

By Jailani Hasan

LABUAN, April 21 (Bernama) -- Logistics must be repositioned from a background cost centre into a strategic economic engine if Sabah is to enhance its competitiveness and marketability in regional and global trade, said the Chartered Institute of Logistics and Transport (CILT) trainer Datuk Ramli Amir.

Bursa Malaysia Opens Higher On Buying Of Selected Heavyweights

By Abdul Hamid A Rahman

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia opened higher on Tuesday, underpinned by buying interest in selected heavyweights despite Wall Street’s weaker overnight performance.

MRCB Completes RM1.58 Bln Bukit Jalil Sentral Property Acquisition

KUALA LUMPUR, April 20 (Bernama) -- Malaysian Resources Corporation Bhd (MRCB) has completed its proposed acquisition of Bukit Jalil Sentral Property Sdn Bhd (BJSP) after settling the remaining purchase consideration of RM1.42 billion in cash.

Multi-Color Corporation Confirms Reorganisation Plan

KUALA LUMPUR, April 20 (Bernama) -- Multi-Color Corporation (MCC), a leader in prime label solutions, has confirmed its prepackaged plan of reorganisation and expects to emerge from prepackaged Chapter 11 in the coming weeks.

Coventry Retains Top Spot In Life Settlement Market For 13th Consecutive Year

KUALA LUMPUR, April 20 (Bernama) -- Coventry has retained its position as the leading life settlement provider in the secondary market, based on total policies purchased, total face value and total amount paid to policyowners among reported providers.

Bursa Malaysia Opens Lower Amid Protracted West Asia Uncertainties

KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious despite last Friday’s gains on Wall Street amid protracted West Asia uncertainties.

KLCI Futures Likely To Trade Range-bound Next Week On Improved Global Sentiment

KUALA LUMPUR, April 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives are expected to trade range-bound next week with a slight upside bias, supported by improving global sentiment and easing geopolitical concerns.

Bursa Malaysia Ends Week Higher On Strong GDP Outlook

By Abdul Hamid A Rahman

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, reinforcing the narrative of resilient domestic demand.

Bursa Malaysia Starts Lower On Cautious Mood

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia opened lower on Friday as mild profit-taking in key index-linked counters weighed on early trade, despite overnight gains on Wall Street.

Bursa Malaysia Rebounds On Hopes Of Easing US-Iran Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia rebounded from early losses to close higher on Thursday supported by a more stable global backdrop amid rising hopes of an easing in United States-Iran tensions following renewed talks.

AM Best Withdraws Delta Affiliates' Performance Assessment

KUALA LUMPUR, April 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited.