KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 30 (Bernama) -- The ringgit reversed its morning gains to close slightly lower against the US dollar today, as traders turned cautious ahead of the United States (US) Federal Reserve's (Fed) interest rate decision, amid uncertainty over a potential cut.
KUALA LUMPUR, July 30 (Bernama) -- Steel Hawk Bhd’s wholly-owned subsidiary, Steel Hawk Engineering Sdn Bhd (SHESB), has secured a contract to provide scaffolding services for EPOMS Sdn Bhd’s operations.
KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).
KUALA LUMPUR, July 28 (Bernama) -- Yinson Holdings Bhd, through its joint venture PTSC South East Asia Pte Ltd (PTSC SEA), has secured a contract with Vietnam’s Phu Quoc Petroleum Operating Company (PQPOC) to provide and charter a floating storage and offloading (FSO) vessel for the offshore Block B Field in southwest Vietnam.
KUALA LUMPUR, July 28 (Bernama) -- The ringgit opened marginally higher against the US dollar in early trade on Monday amid cautious sentiment, as traders awaited clarity on a possible extension of the trade truce between the United States (US) and China, said an analyst.
KUALA LUMPUR, July 25 (Bernama) -- CGS International Securities Malaysia Sdn Bhd remains positive on Malakoff Corporation Bhd, citing its strong position to secure upcoming Energy Commission tenders amid rising power demand and the urgent need to ensure supply stability and reserve margins.
PETALING JAYA, July 24 (Bernama) -- Malaysia is actively engaging in discussions with the United States (US) over the impending 25 per cent tariffs set to take effect on Aug 1, aiming to secure a tariff rate below the 20 per cent level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 19 (Bernama) -- The ringgit is expected to hover around RM4.24 to RM4.26 next week amid mixed signals in the market.
KUALA LUMPUR, July 14 (Bernama) -- CIMB Investment Bank Bhd anticipates a moderate 4.3 per cent year-on-year (y-o-y) growth, as expectations of higher tariffs set in and a softer Industrial Production Index (IPI) point to a potential slowdown in the second quarter of 2025 (2Q 2025).
KUALA LUMPUR, July 9 (Bernama) -- Malaysia remains optimistic about the outcome of its tariff negotiation with the United States (US), banking on certain sectors that could be favourable to both countries, says Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Aziz.
KUALA LUMPUR, July 8 (Bernama) -- SUSE, a global leader in enterprise open source solutions, has unveiled SUSE Sovereign Premium Support, its most comprehensive sovereign support offering tailored to meet digital sovereignty and regulatory compliance requirements within the European Union (EU).
