1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the trading day higher on Monday amid the regional uptrend, buoyed by bargain hunting in commodities, consumer goods and gaming.
1y ago
KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.
1y ago
KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia opened higher in line with Wall Street’s positive performance after the United States September’s non-farm payrolls exceeded expectations, a sign that the economy remains strong.
1y ago
KUALA LUMPUR, Oct 5 (Bernama) -- Kenanga Investment Bank Bhd expects the overnight policy rate (OPR) to remain stable at 3.0 per cent throughout 2025.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias amid rising crude oil and soybean oil prices, a dealer said.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) – The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) is expected to attract 48,000 participants and 480 exhibitors from 48 countries, generating business leads estimated at RM4.8 billion.
1y ago
KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia’s banking system is strong, well-positioned to weather shocks and supportive of financial intermediation activities, and continues to be backed by healthy capital and liquidity buffers, said Hong Leong Investment Bank (HLIB).
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- Pertama Digital Bhd has reassured its stakeholders that the company remains strong and well-positioned for sustainable growth despite a recent dip in its stock prices.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) expects the Malaysian ringgit to remain strong as one of the region’s best-performing currencies, according to chief economist Hoe Ee Khor.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has pared down its 2024 economic growth forecast for the region to 4.2 per cent, down from 4.4 per cent in July, largely driven by revised growth projections for China and Vietnam.
1y ago
KUALA LUMPUR, Oct 3 (Bernama) -- OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2025 should include more robust and flexible policies aimed at enhancing solar adoption, both for businesses and homeowners, according to Plus Xnergy Holdings Sdn Bhd.