9m ago
KUALA LUMPUR, March 24 (Bernama) – Risks in the non-residential property (NRP) sector remained contained in the second half of 2024 despite continued challenges in the office space and shopping complex segments (OSSC), Bank Negara Malaysia (BNM) said in its Financial Stability Review released today.
9m ago
KUALA LUMPUR, March 24 (Bernama) -- Global credit rating agency, AM Best has affirmed Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
10m ago
KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the day marginally higher supported by renewed buying interest in blue-chip stocks, said an analyst.
10m ago
KUALA LUMPUR, March 21 (Bernama) -- Shares of IJM Corp Bhd rose 2.0 per cent in early Friday trading after the group dismissed online allegations regarding the construction company and its leadership.
10m ago
KUALA LUMPUR, March 20 (Bernama) -- Lagenda Properties Bhd (Lagenda) is expanding its development footprint nationwide with a strategic move into Negeri Sembilan, following the acquisition of land in Seremban which has an estimated gross development value (GDV) of RM550 million.
10m ago
KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year.
10m ago
KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve’s (Fed) decision to maintain interest rates and the People’s Bank of China’s (PBOC) unexpected decision to keep its key lending rates unchanged, said an analyst.
10m ago
KUALA LUMPUR, March 20 (Bernama) -- The Malaysian rubber market rebounded to close higher on Thursday as it rode the upward momentum of regional rubber markets and steady benchmark crude oil prices, a dealer said.
10m ago
BANGI, March 20 (Bernama) -- IOI Properties Group Bhd (IOIPG) has unveiled Bangi Fresco, the next evolution of its signature Bandar Puteri Bangi township, further elevating the lifestyle landscape of Klang Valley South with a dynamic new retail hub.
10m ago
KUALA LUMPUR, March 19 (Bernama) -- Gagasan Nadi Cergas Bhd’s unit Nadi Emery Sdn Bhd (NESB) has secured a RM134.41 million contract from Lembaga Perumahan Dan Hartanah Selangor (LPHS) for the en-bloc purchase of 523 units of Rumah Idaman, under Project Rumah Idaman at Elmina 5, Bandar Elmina (Type E), Sungai Buloh, Selangor.
10m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, driven primarily by selling in construction and banking sectors, while healthcare stocks saw some buying interest, an analyst said.
10m ago
By Anas Abu Hassan
KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia extended gains to a third consecutive session today, driven by broad-based buying across various sectors following the recent strong sell-off, in line with the performance of regional markets, an analyst said.