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Malaysia-France Mining Project Moves Forward, Eyes Downstream Expansion

KUALA LUMPUR, Jan 28 (Bernama) -- The Malaysia–France mining project between Malaco Mining Sdn Bhd and French rare earth refining and recycling specialist Carester has entered the pilot plant phase for mining and refining.

RAM Ratings Upgrades YTL Corp, YTL Power Bonds To AAA

KUALA LUMPUR, Jan 28 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has upgraded the long-term ratings of YTL Corporation Bhd’s (YTL Corp) debt programmes to AAA, citing sustained improvements in the group’s operating performance, profitability and financial profile.

CPO Futures End Higher On Soybean Oil, Crude Oil Gains

By K. Naveen Prabu

KUALA LUMPUR, Jan 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking gains in soybean oil.

Proton Aims To Sell Up To 200,000 Vehicle Units In 2026

SHAH ALAM, Jan 28 (Bernama) -- National carmaker Proton Holdings Bhd is targeting sales of up to 200,000 units in 2026, driven by its comprehensive future technology roadmap.

Milder Media Adex Contraction Expected In 2026 - Kenanga IB

KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has forecast a milder contraction in media advertising expenditure (adex) this year, supported by a low base effect and increased marketing activity surrounding major sporting events.

Gold Futures End Higher In Line With US Comex, Sustained Demand

KUALA LUMPUR, Jan 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in US Comex gold futures amid sustained demand for the precious metal as a hedge against geopolitical and financial risks.

Profit-taking Ends Bursa Malaysia's Five-day Winning Streak

By Karina Imran

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia snapped its five-day winning streak to close lower on Wednesday, as investors took profit following a cumulative gain of 4.25 per cent over the past five sessions, said an analyst. 

VentureTech Invests In Edtech Firm Tymba To Scale Digital Learning Platform, Expand Across ASEAN

KUALA LUMPUR, Jan 28  (Bernama) -- Investment company VentureTech Sdn Bhd has invested in education technology (edtech) firm Tymba Education Group, which specialises in professional accountancy and finance qualifications.

Ringgit Stages Comeback, Among Asia’s Best Performers, Says World Bank Economist

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.

Zoho Corporation Opens Regional Office In Malaysia

KUALA LUMPUR, Jan 28 (Bernama) -- Global technology company Zoho Corporation has opened its office in Subang Jaya, Selangor, strengthening its commitment to regional customers and championing Malaysia's digital transformation ambitions.

BS Freshmart Targets RM1.25 Bln Revenue This Year

KUALA SELANGOR, Jan 28 (Bernama) -- Syarikat Pasaraya BSK Sdn Bhd (BS Freshmart), which has 26 branches nationwide, is targeting to boost its revenue to about RM1.25 billion this year.

Kinergy Advancement Partners Thailand's B.Grimm Power To Develop New Gas Turbine Power Plant

KUALA LUMPUR, Jan 28 (Bernama) -- Kinergy Advancement Bhd has formalised a strategic partnership with Thailand’s B.Grimm Power Public Co Ltd, which will be investing RM41.52 million to acquire a 49 per cent stake in Kinergy’s investment vehicle, Jati Cakerawala Sdn Bhd, for a proposed full-new built gas turbine power plant.