27d ago
PUTRAJAYA, June 9 (Bernama) -- The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
27d ago
KUALA LUMPUR, June 9 (Bernama) -- IJM Corporation Bhd and Muhibbah Engineering (M) Bhd are among the companies expected to benefit from the East Coast Rail Link (ECRL) spur line, which provides direct connectivity to two major ports in Port Klang, CIMB Securities Sdn Bhd said.
1m ago
KUALA LUMPUR, June 6 (Bernama) -- RHB Research has maintained its ‘Buy’ recommendations on Econpile Holdings Bhd following the company’s contract win for the Penang Light Rail Transit (LRT) project.
1m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said.
1m ago
SEPANG, June 5 (Bernama) -- The proposed Selangor Rail project is the vital link that will unlock the full potential of the newly launched Selangor Aero Park (SAP) and transform the state into a fully integrated aviation and logistics powerhouse, said Selangor Menteri Besar Datuk Seri Amirudin Shari.
1m ago
KUALA LUMPUR, June 5 (Bernama) -- Econpile Holdings Bhd’s wholly-owned subsidiary, Econpile (M) Sdn Bhd has secured a RM42.82 million contract from Irama Duta Sdn Bhd to carry out bored piling and related construction works.
1m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week's sell-off, in line with the upbeat performance of regional markets, said an analyst.
1m ago
KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by continued bargain hunting in most heavyweights particularly in the utilities and consumer products and services sectors.
1m ago
KUALA LUMPUR, June 5 (Bernama) -- Japan and Malaysia are poised to co-create a sustainable and commercially viable space ecosystem, aiming to address key societal challenges in both countries while jointly working toward a better future.
1m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia picked up momentum in the final hour of trading to close marginally higher, driven by bargain-hunting in energy and telecommunication stocks during the late session, said an analyst.
1m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia erased early gains to close lower for the sixth consecutive day today, weighed down by selling pressure in regional emerging markets due to concerns over the ongoing US tariff conflict, said an analyst.
1m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).