Construction Of Petroleum Storage And Refinery At SOGIP Expected To Begin In April

KOTA KINABALU, Feb 18 (Bernama) -- The construction of the petroleum storage and refining plant at the Sipitang Oil and Gas Industrial Park (SOGIP) is expected to begin this April, said Sabah Chief Minister Datuk Seri Hajiji Noor.

Bursa Malaysia's Key Index Ends Lower On Selling By Foreign Funds

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia’s main index finished lower today as selling by foreign funds persisted, amid the better performance in most regional markets. 

Ambank Group Projects Malaysia’s GDP Growth At 5.1 Pct in 2024, Driven By Domestic Expansion

Bursa Malaysia Lower At Midday, Selected Selling In Financial And Utility Heavyweights

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.

Local Institutions Boost Bursa Malaysia For 17th Consecutive Week - MIDF

KUALA LUMPUR, Feb 17 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 17th consecutive week, with net purchases totalling RM77.9 million in domestic equities last week, according to MIDF Amanah Investment Bank Bhd.

Bursa Malaysia To Remain In Consolidation Mode Next Week On US Trade Uncertainty

KUALA LUMPUR, Feb 15 (Bernama) -- Bursa Malaysia is expected to remain in a consolidation phase next week until greater clarity on the US trade policy emerges.

Late Buying In Banks Helps Bursa Malaysia To End With Modest Loss

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia pared most of its losses to close marginally lower today, supported by late buying in banks after heavy selling in CelcomDigi earlier, amid continued weak market sentiment due to the US trade policies.

Malaysian, Turkish Businesses Need To Explore Collaboration Possibilities -- Ambassador

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysian businesses are encouraged to explore collaboration possibilities with their counterparts in Turkiye to create more synergy between the two nations, said Ambassador of Malaysia to Turkiye Sazali Mustafa Kamal.

Ringgit Records 2.7 Pct Overall Appreciation Against US Dollar In 2024 -- BNM

KUALA LUMPUR, Feb 14 (Bernama) -- The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM). 

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Malaysia's RE Sector Seen Entering 'Supercycle' As Country Accelerates Energy Transition

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.

Dialog's Intraday Short Selling Suspended After 15 Pct Share Price Drop

KUALA LUMPUR, Feb 14 (Bernama) -- The intraday short selling (IDSS) of Dialog Group Bhd was suspended Friday after its quarterly loss dragged shares down to over 15 per cent.