KL Rubber Market Ends Week On A High, Boosted By Stable Oil Prices

KUALA LUMPUR, Feb 7 (Bernama) -- The Kuala Lumpur rubber market ended the week on a positive note, supported by stable benchmark crude oil prices, a dealer said.

AKWEL Records 7.3 Pct Revenue Drop In 2024

KUALA LUMPUR, Feb 7 (Bernama) -- AKWEL posted a consolidated revenue of 989.0 million euros for fiscal year 2024, marking a 7.3 per cent decrease from 1.0664 billion euros, the previous year. (1 euro = RM4.59)

Malaysia Remains Careful Of US Tariffs, Ready To Take Advantage Of Geopolitical Opportunities -- Tengku Zafrul

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 5 (Bernama) --  It is too early to determine whether the tariffs imposed by the United States on Canada, Mexico and China will harm or benefit Malaysia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Manufacturing Sector To Sustain Growth On Resilient Domestic Demand, Supply Chain Recovery -- PIVB

KUALA LUMPUR, Feb 4 (Bernama) -- Malaysia's manufacturing sector is expected to sustain positive growth, supported by resilient domestic demand and gradual improvements in supply chain conditions, according to Public Investment Bank Bhd (PIVB).

Subsidies, Logistics Key To Stabilising Coconut Prices During Thaipusam, Says KLSICCI President

By Naveen Prabu Kuppusamy

KUALA LUMPUR, Feb 4 (Bernama) -- Ensuring stable prices for essential food items like coconuts during festive seasons requires continuing support through both subsidies and logistical measures, says Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) president Nivaas Ragavan.

Sunway REIT Net Profit Rises To RM524.75 Mln In FY2024, Declares 10 Sen DPU

KUALA LUMPUR, Feb 3 (Bernama) -- Sunway Reit Management Sdn Bhd, the manager of Sunway Real Estate Investment Trust (Sunway REIT), saw its net profit surging to RM524.75 million for the financial year ended Dec 31, 2024 (FY2024) from RM338.19 million a year earlier.

Outlook On ASEAN Data Centre Demand Remains Positive - Maybank IB

KUALA LUMPUR, Feb 3 (Bernama) -- ASEAN's data centre demand outlook remained positive as the region is still in the early stages of the data centre build cycle, according to Maybank Investment Bank (IB) Bhd.

Malaysia's Banking System Maintains Healthy Liquidity Position In December 2024 -- BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.

Property Transactions Hit RM217.46 Bln In 2024, Far Exceed Initial Target - Nga Kor Ming

IPOH, Jan 31 (Bernama) -- Malaysia’s real estate transactions value hit RM217.46 billion in 2024, far exceeding the initial target of RM100 billion set at the beginning of the year, said Minister of Housing and Local Government, Nga Kor Ming.

CIMB Securities Expects New Vehicle Sales To Fall 7 Pct To 760,000 Units In 2025

KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.

Kenanga IB Maintains 805,000 TIV Forecast In 2025 On Forward Buying Interest

KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2025 total industry volume (TIV) forecast of 805,000 units for the automotive industry, supported by forward buying interest following the deferment of new excise duty regulations.

Moody’s Affirms Malaysia’s Sovereign Credit Rating At “A3” With Stable Outlook

KUALA LUMPUR, Jan 25 (Bernama) -- Moody’s Ratings (Moody’s) has reaffirmed Malaysia’s sovereign credit rating at “A3” with a “stable” outlook while declaring that Malaysia’s medium-term growth prospects remain buoyant.