Bursa Malaysia Opens Lower On Weak Wall Street Cues

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia opened lower in early trade on Wednesday, tracking weaker cues from Wall Street overnight as technology-related stocks retreated.

CPO Futures Close Higher On Expectations Of Softer Output, Rising Demand

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by expectations of softer output and improving demand in the weeks ahead.

Cypark Fully Redeems Tranche 1 Perpetual Sukuk Musharakah Worth RM235 Mln

KUALA LUMPUR, Dec 30 (Bernama) -- Cypark Resources Bhd’s wholly owned subsidiary Cypark Renewable Energy Sdn Bhd completed the early and full redemption of its outstanding Tranche 1 Perpetual Sukuk Musharakah amounting to RM235 million today. 

Genting Vista Issues RM3 Bln Unrated Medium-term Notes

KUALA LUMPUR, Dec 30 (Bernama) -- Genting Bhd’s (Genting) wholly-owned subsidiary, Genting Vista Bhd, today issued an unrated medium-term notes (MTN) programme of RM3.0 billion in nominal value (Series 1) under its RM5 billion unrated MTN programme.

Ringgit Ends Firmer Vs US Dollar, Major Currencies 

KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit ended slightly higher against the US dollar and other major currencies on Tuesday, driven by improved buying interest.

SEDA Malaysia Hosts AI Webinar To Advance Sustainable Energy Agenda

KUALA LUMPUR, Dec 30 (Bernama) -- The Sustainable Energy Development Authority (SEDA) Malaysia has organised the ‘Artificial Intelligence (AI) and Its Role in the Energy Sector’ webinar to explore how advanced digital technologies are shaping the future of sustainable energy.

Late Buying Lifts Bursa Malaysia’s Key Index To Close Firmer 

By Anas Abu Hassan

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia’s barometer index ended firmer today, reversing losses earlier in the day to close 0.21 per cent higher -- a new high this year -- driven by late buying activities amid signs of year-end window dressing.

Madeline Berma's Passing Mourned By Economists, UKM Alumni

KUALA LUMPUR, Dec 30 (Bernama) -- The passing of economist and academic Prof Datuk Dr Madeline Berma today has been mourned by members of the economics fraternity, the academic community, and alumni of Universiti Kebangsaan Malaysia (UKM).

Penang Regional Development Authority Plans To Build 5,000 Houses In Five Years

TASEK GELUGOR, Dec 30 (Bernama) — The Penang Regional Development Authority (PERDA) plans to build 5,000 houses in Seberang Perai Utara over the next five years, with a development value exceeding RM1 billion for the people of Penang.

Malaysia Airports Reinforces Long-Term Growth With ISG Modernisation

KUALA LUMPUR, Dec 30 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is continuing to invest ahead of sustained passenger demand at Istanbul Sabiha Gökçen International Airport (ISG), reinforcing its long-term focus on capacity, efficiency and resilience across its airport network.

NANO Secures 200 Bln Indonesian Rupiah Strategic Capital From LDA Capital

KUALA LUMPUR, Dec 30 (Bernama) -- PT Nanotech Indonesia Global Tbk (NANO), together with its controlling shareholder, PT Nanotech Investama Sedaya, announced a strategic capital commitment of up to 200 billion Indonesian rupiah from LDA Capital Group LLC. (1 million Indonesian rupiah = RM241.2)

Malaysia's Inflation To Remain Low, Stable Ahead -- MBSB IB

KUALA LUMPUR, Dec 30 (Bernama) -- Malaysia’s inflation is expected to remain low and stable moving forward, although the expanded sales and service tax (SST) may introduce modest upward pressure, said MBSB Investment Bank Bhd (MBSB IB).