5d ago
By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
5d ago
By M.Saraswathi & Karina Imran
KUALA LUMPUR, Jan 27 (Bernama) -- Policy certainty, ongoing government reforms and supportive external factors have contributed to the ringgit’s steady appreciation to levels last seen in 2018, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
5d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Teamstar Bhd aims to raise RM34.32 million from its initial public offering (IPO) ahead of its ACE Market listing on Feb 25, 2026.
5d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia's initial public offering (IPO) market topped Southeast Asia by volume, with 59 IPOs raising US$1.4 billion (2024: 55 IPOs raising US$1.6 billion), mainly through the ACE Market (US$1 = RM3.96).
5d ago
KUALA LUMPUR, Jan 27 (Bernama) -- ANTA Sports Products Limited (ANTA Sports) has reached a share purchase agreement with Groupe Artémis, the Pinault family’s investment company, to acquire a 29.06 per cent stake in PUMA SE for 1.5 billion euros in cash. (1 Euro = RM4.70)
5d ago
LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
5d ago
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s trade missions and overseas visits in 2025 generated RM45.4 billion in export sales, Prime Minister Datuk Seri Anwar Ibrahim said.
6d ago
KUALA LUMPUR, Jan 26 (Bernama) -- The government has been urged to refine and revise the threshold for the implementation of e-invoice currently set at between RM1 million and RM5 million, to avoid imposing excessive burdens on micro and small traders.
6d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Exsim Hospitality Bhd (EHB) has bagged a RM21 million contract to carry out interior fit-out works for a 50-storey mixed commercial development here.
6d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its upward momentum to close at its highest level in more than seven years, supported by strong buying interest in blue-chip stocks from both local institutional and foreign investors, an analyst said.
6d ago
KUALA LUMPUR, Jan 26 (Bernama) -- HCLTech announced it has signed a definitive agreement to acquire Singapore-headquartered Finergic Solutions Pte Ltd, a boutique wealth consulting firm.
6d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Leong Insurance (Asia) Limited (HLIA), maintaining a stable outlook.