Pluxee Raises 2025 & 2026 Outlooks, Exceeds Financial Targets

KUALA LUMPUR, Nov 1 (Bernama) -- French-based company, Pluxee has posted net profit of 133 million euros for the full year, up 64.2 per cent from 81 million euros in the same period of the prior year driven by outstanding performance in fiscal 2024 exceeding all business and financial objectives. (1 euro = RM4.76)

FBM KLCI Falls Below 1,600, Set To Attract Bargain Hunters

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia fell below the key psychological support level of 1,600, as investors held back from making significant moves amid weak cues from Wall Street following a disappointing outlook from major tech firms.

Ringgit Opens Flat Amid Investor Caution On US Election Risks

KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit opened flat against the US dollar today as looming risks surrounding next week’s US election kept investors cautious.

LPI Capital Net Profit Rises To RM123.94 Mln In Third Quarter

KUALA LUMPUR, Oct 29 (Bernama) -- LPI Capital Bhd’s net profit for the third quarter rose to RM123.94 million from RM97.92 million in the same quarter last year.

Govt Channels RM6.35 Bln Financing To Over 260,000 Entrepreneurs Until sept 2024 - KUSKOP

KUALA LUMPUR, Oct 29 (Bernama) -- The government has channelled a total of RM6.35 billion in financing to 265,097 entrepreneurs through the Ministry of Entrepreneur and Cooperatives Development (KUSKOP) until September this year.

Budget 2025 Maintains Gradual Fiscal Consolidation Approach - Fitch Ratings

KUALA LUMPUR, Oct 29 (Bernama) -- Malaysia’s Budget 2025 reaffirms a commitment towards gradual fiscal consolidation from a high debt level compared with peers, according to Fitch Ratings. 

PDAM Commits To Improving Facilities While Balancing Financial Realities Of Members

KUALA LUMPUR, Oct 28 (Bernama) -- The Petroleum Dealers Association of Malaysia (PDAM) is committed to exploring solutions to align with Prime Minister Datuk Seri Anwar Ibrahim's vision for all petrol station operators to improve facilities at their premises.

Analysts Lift Target Price On Gamuda Amid New Hydroelectric Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Analysts are maintaining an outperform rating on Gamuda Bhd, raising the target price following the company’s recent contract win, which bolsters earnings visibility.

Petronas Introduces Two Initiatives To Bolster Oil And Gas Sector

KUALA LUMPUR, Oct 25 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), aims to bolster the robustness of the local oil and gas sector with two new initiatives.

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. 

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).

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.