Perma-Pipe FY24 Sales Up, Backlog Doubles To US$138 Mln

KUALA LUMPUR, May 2 (Bernama) -- Perma-Pipe International Holdings Inc reported full-year net income of US$9.0 million for fiscal 2024 (FY24), down from US$10.5 million a year earlier due to the absence of a one-time US$5.9 million non-cash tax benefit recognised in 2023. (US$1=RM4.31)

East Coast Energy 2025 To Position Terengganu As Transition Hub

KUALA LUMPUR, May 2 (Bernama) -- The inaugural East Coast Energy (ECE) 2025, an energy transition summit for Malaysia’s east coast region, will serve to position Terengganu as a future-ready hub for energy transition.

US Tariff Hikes Have Limited Global GDP Impact Outside APAC, Says S&P Global Ratings

KUALA LUMPUR, May 2 (Bernama) -- Global economic growth remains resilient despite the recent United States (US) tariff hike, with limited gross domestic product (GDP) impact outside the Asia-Pacific (APAC) region, S&P Global Ratings said.

Muted Start For Bursa Despite Wall Street Rally

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia opened lower on Friday, as investors returned from the holiday with slightly muted appetite, shrugging off overnight gains on Wall Street fuelled by strong earnings from Microsoft and Meta.

PM Anwar Displays Astute Political Acumen As ASEAN Chair In Navigating Unexpected Challenges Confronting Region

KUALA LUMPUR, May 1 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has displayed acute political acumen as chair of ASEAN in navigating challenges confronting the region, some of which no one would have guessed when he received the baton of the ASEAN chairmanship from Laos in October last year. 

MDV Powers Malaysia’s Tech Innovation With More Than RM13 Bln Financing, Drives Green, Digital Future

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Malaysia Debt Ventures Bhd (MDV) has emerged as a key enabler of the nation’s innovation and digital transformation agenda, with more than RM13 billion channelled into over 1,000 high-impact, technology-driven projects.

WTK Holdings Disposes Logging Unit For RM23.5 Mln

KUALA LUMPUR, April 30 (Bernama) -- WTK Holdings Bhd today entered into a sale and purchase share agreement with Huang Qian Wen to sell its 100 per cent stake in Song Logging Company Sdn Bhd (SLCSB) for RM23.5 million.

BNM: Headline Inflation Eases To 1.4 Pct, Core Holds In March

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s headline inflation moderated to 1.4 per cent in March 2025, down from 1.5 per cent in February, while core inflation held steady at 1.9 per cent, Bank Negara Malaysia (BNM) said.

Malaysian Rubber Market Ends Mixed Ahead Of Labour Day Holiday

KUALA LUMPUR, April 30 (Bernama) -- The Malaysian rubber market closed mixed today in tandem with regional rubber futures markets, said a dealer.

TM's SEA-ME-WE6, Data Centre Expansion To Positively Contribute Long-term Growth -- RHB Investment Bank

KUALA LUMPUR, April 30 (Bernama) -- RHB Investment Bank Bhd (IB) expects the commissioning of Telekom Malaysia Bhd’s (TM) Southeast Asia - Middle East - Western Europe 6 (SEA-ME-WE6) undersea cable by mid-2026 and its data centre (DC) expansion will positively contribute to its long-term growth.

Ringgit Extends Gains On Positive Trade Signals, Finishing At Six-month High 

KUALA LUMPUR, April 29 (Bernama) -- The ringgit continued to appreciate against the US dollar to end firmer today, closing at over six-month high, driven by signs of easing global trade tensions, an analyst said.

Bursa Malaysia Ends Lower On Profit-Taking

By Zufazlin Baharuddin

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia closed lower today due to profit- taking following several days of uptrend, amid the mostly upbeat regional market performance.