1y ago
KUALA LUMPUR, April 24 (Bernama) -- The United States’ (US) tariffs will negatively impact the margin for Guan Chong Bhd’s (GCB) US-bound products, especially butter and liquor, MIDF Amanah Investment Bank Bhd said.
1y ago
KUALA LUMPUR, April 22 (Bernama) -- Cahya Mata Sarawak Bhd (CMSB) has experienced a notable increase in its share price following the announcement that its 51 per cent-owned subsidiary, CMS Land Sdn Bhd, secured a RM550 million contract from the Sarawak state government.
1y ago
KUALA LUMPUR, April 21 (Bernama) -- Share prices of Eco World Development Group Bhd (EcoWorld) rose in early trade on Monday after signing a tripartite agreement with SD Guthrie Bhd and NS Corporation to transform 483.59 hectares in Bukit Pelandok, Port Dickson, into an integrated industrial park.
1y ago
KUALA LUMPUR, April 15 (Bernama) -- The visit of China's President Xi Jinping to Malaysia highlights China's commitment to strengthening ties with ASEAN, advancing regional cooperation, and deepening the bilateral relations between Malaysia and China.
1y ago
KUALA LUMPUR, April 14 (Bernama) -- Foreign investors continued their net selling in Asian markets for the second consecutive week, with total outflows amounting to US$5.87 billion (US$1 = RM4.41), led by heavy sell-offs in South Korea and India.
1y ago
KUALA LUMPUR, April 14 (Bernama) -- MIDF Amanah Investment Bank Bhd expects the top 30 blue chips to remain unchanged in the upcoming semi-annual review of the FTSE Bursa Malaysia (FBM) KLCI in June this year.
1y ago
KUALA LUMPUR, April 11 (Bernama) -- MIDF Amanah Investment Bank Bhd is maintaining its forecast of retail sales growth of 4.6 per cent in 2025, down from the 5.5 per cent expansion recorded in 2024.
1y ago
KUALA LUMPUR, April 11 (Bernama) -- Palm oil stock level will likely rise further in April 2025 on the back of weak crude oil prices, an absence of festive-driven demand and natural cyclical patterns.
1y ago
By Karina Imran
KUALA LUMPUR, April 9 (Bernama) -- Permodalan Nasional Bhd (PNB) is looking to exit its positions in legacy investments, allowing it to strengthen other asset classes, including fixed income, said its deputy president and group chief executive officer, Datuk Rick Ramli.
1y ago
KUALA LUMPUR, April 7 (Bernama) -- Foreign investors returned to net sellers last week across eight Asian markets, reversing their single-week buying streak, recording a heavy net outflow of US$7.12 billion (RM31.68 billion, US$1 = RM4.45), with South Korea and India experiencing the heaviest selling pressure.
1y ago
KUALA LUMPUR, April 7 (Bernama) -- The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.
1y ago
KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd.