4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 3 (Bernama) -- Some may argue that the approved investments reported by the Malaysian Investment Development Authority (MIDA) and the foreign direct investment (FDI) figures from the Department of Statistics Malaysia (DOSM) for the first half of 2025 (1H 2025) appear contradictory.
4m ago
KUALA LUMPUR, Aug 30 (Bernama) -- Malaysia's gross domestic product (GDP) growth of 4.4 per cent in the second quarter of 2025 was achieved through the government’s adoption of a centrality approach amid an uncertain geopolitical and economic environment, said Prime Minister Datuk Seri Anwar Ibrahim.
4m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 30 (Bernama) -- Bursa Malaysia is expected to resume its uptrend next week, testing the psychological threshold of 1,600, after already breaching the level on Monday (Aug 25).
4m ago
KUALA LUMPUR, Aug 29 (Bernama) -- CIMB Investment Bank Bhd expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 2.75 per cent at the Monetary Policy Committee (MPC) meeting on Sept 4, 2025.
4m ago
KUALA LUMPUR, Aug 29 (Bernama) -- Mongolia’s largest washed hard coking coal producer and exporter, Mongolian Mining Corporation (MMC), reported a nearly 36 per cent year-on-year drop in revenue to US$346.6 million for the first half ended June 30, 2025 (1H2025), as weaker coal prices dampened earnings despite stable sales volumes. (US$1=RM4.20)
4m ago
KUALA LUMPUR, Aug 29 (Bernama) -- RHB Bank Bhd’s shares slipped in early trade today despite the group reporting stronger earnings for the second quarter ended June 30, 2025 (2Q 2025).
4m ago
KUALA LUMPUR, Aug 29 (Bernama) -- Axiata Group Bhd shares eased in early trade today after the group reported a decline in revenue for the second quarter ended June 30, 2025 (2Q 2025).
4m ago
By Zarul Effendi Razali
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit extended yesterday’s gain to open higher against the greenback on Friday as more investors shifted toward emerging currencies on rising expectations of an interest rate cut in the United States next month and ahead of a US inflation report later today.
4m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit snapped a two-day losing streak to end higher against the greenback on Thursday on rising bets for an interest rate cut in the United States next month and ahead of a key US inflation report tomorrow.
4m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.
4m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Credit rating agency Fitch Ratings foresees tremendous growth in data centres in Johor, with operating capacity to possibly reach up to 5,000 megawatts (MW) in 2029.