8m ago
KUALA LUMPUR, May 15 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is optimistic about Malaysia’s renewable energy (RE) sector due to its strong structural themes and positive earnings growth cycle, maintaining its ‘overweight’ call on the industry.
8m ago
By Anas Abu Hassan
KUALA LUMPUR, May 14 (Bernama) -- Bursa Malaysia reversed earlier losses to close in positive territory today, with the benchmark index edging higher on late buying across the board, supported by above-average trading volume which reflected renewed market sentiment, an analyst said.
8m ago
KUALA LUMPUR, May 14 (Bernama) -- Research firms have projected a higher gross domestic product (GDP) of between 4.5 and 4.6 per cent from 4.4 per cent previously for the first quarter of 2025 (1Q 2025), ahead of this Friday’s announcement.
8m ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia extended its upward momentum on Tuesday, soaring 2.32 per cent to a more than two-month high, buoyed by renewed risk-on sentiment as the United States (US) and China took significant steps to de-escalate trade tensions over the weekend.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The Malaysia Cambodia Business Association (MCBA) today signed Memoranda of Understanding (MoUs) with 20 local Malaysian associations to explore overseas markets, beginning with Cambodia.
8m ago
KUCHING, May 13 (Bernama) -- The International Construction Week (ICW) Borneo 2025 was officially launched today at the Borneo Convention Centre Kuching, marking a key milestone for East Malaysia and the ASEAN region as Malaysia assumes the ASEAN chairmanship.
8m ago
KUCHING, May 13 (Bernama) -- The International Construction Week (ICW) Borneo 2025, which commences today, marks a new chapter in showcasing industry excellence and bringing together key players to explore new ideas and technologies.
8m ago
KUALA LUMPUR, May 13 (Bernama) -- The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing room to assess the impact of the United States (US)-led tariff shock on exports, said Moody’s Analytics.
8m ago
By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.
8m ago
By Zarul Effendi Razali
KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia maintained its positive momentum to end higher today, supported by persistent buying in selected heavyweights, in line with the regional market uptrend, an analyst said.
8m ago
KUALA LUMPUR, May 9 (Bernama) -- Malaysia’s construction sector recorded a 16.6 per cent year-on-year (y-o-y) increase in the value of work done to RM42.9 billion in the first quarter of 2025 (1Q 2025), according to the Department of Statistics Malaysia (DOSM).
8m ago
KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to open higher, boosted by renewed buying interest in selected heavyweights, which is in line with positive momentum on the regional market, an analyst said.