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Bursa Malaysia Marginally Lower At Midday On Weak Sentiment

By Karina Imran

KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia remained lower at midday as sentiment on the local front remained negative, mirroring the mixed performance on regional markets, said an analyst. 

Govt Learning To Manage Data Centres, Grow Industry Sustainably - Liew

KUALA LUMPUR, Oct 25 (Bernama) -- The government, multiple agencies within the government, data centre operators and other stakeholders are learning how to manage and deal with data centres and how to grow the industry sustainably.

BASF Petronas Chemicals Opens Second 2-EHAcid Plant In Kuantan

KUANTAN, Oct 25 (Bernama) -- BASF Petronas Chemicals (BPC) has launched its second 2-ethylhexanoic acid (2-EHAcid) production line at its integrated site in Kuantan to meet growing market demand.

DoSM: Malaysia's Leading Index Rises 4.0 Pct In August 2024, Reaches 114.3 Points

KUALA LUMPUR, Oct 25 (Bernama) -- Malaysia's leading index (LI) continued to demonstrate strong growth momentum in August 2024, with a growth of 4.0 per cent to 114.3 points from 109.9 points in the same month of the previous year, said the Department of Statistics Malaysia (DoSM).

IRB Implements TCC Pilot Project For Govt Procurement Works Involving JKR And JPS

PUTRAJAYA, Oct 25 (Bernama) — The Ministry of Finance Malaysia (MOF), in collaboration with the Inland Revenue Board of Malaysia (IRB), is expanding the implementation of the Tax Compliance Certificate (TCC) for the procurement of physical works and consulting services as a pilot project from Oct 1, 2024, to March 31, 2025.

Bursa Opens Little Changed On Friday 

KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia opened slightly higher today on volatile trading amid Wall Street's mixed sentiment after corporate earnings showed varying performances, said an analyst.

Iskandar Malaysia secures RM40.3 Bln Committed Investments From Jan-Sept 2024 - Anwar

KUALA LUMPUR, Oct 24 (Bernama) -- Iskandar Malaysia has recorded committed investments of RM40.3 billion from January to September 2024, with realised investments reaching RM22.5 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

DXN Posts Lower 2Q Net Profit Of RM65.97 Mln

KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.

FBM KLCI Futures Ends Lower

KUALA LUMPUR, Oct 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, in line with the performance of the underlying cash market. 

Malaysia's Inflation Likely To Trend At 2.9 Pct In 2025 -- Allianz

KUALA LUMPUR, Oct 24 (Bernama) -- Malaysia’s inflation is likely to trend at 2.3 per cent in 2024 and 2.9 per cent in 2025, compared to Bank Negara Malaysia’s (BNM) forecast of between 2 per cent and 3.5 per cent for 2024, Allianz SE chief economist Ludovic Subran said.

Bursa Malaysia Extends Decline On Global Equity Sell-off 

By Karina Imran

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst. 

Govt Should Adopt Fair Market Price for Targeted RON95 Subsidies - Economist

BANGI, Oct 24 (Bernama) -- To implement RON95 petrol targeted subsidies, the government has been urged to adopt an approach that maintains market prices, making essential goods more affordable while still offering the necessary support to those in need.