Main Market-bound Paradigm REIT Aims To Raise RM560 Mln From IPO

PETALING JAYA, May 16 (Bernama) -- Main Market-bound Paradigm Real Estate Investment Trust (Paradigm REIT) aims to raise RM560 million from its initial public offering (IPO).

Analysts Maintain ‘buy’ On 99 Speed Mart After Solid 1Q Results

KUALA LUMPUR, May 16 (Bernama) -- Analysts maintained a positive outlook on 99 Speed Mart Retail Holdings Bhd (99 Speed Mart) following its first quarter (1Q) results for the financial year ended March 31, 2025 (FY2025).

Gold Likely To Keep Rallying Until Next Year Amid Global Uncertainties -- UBS

KUALA LUMPUR, May 15 (Bernama) -- UBS Investment Bank remains bullish on gold and expects the precious metal to continue to rally, likely until the second or third quarter of next year, amid global uncertainties. 

Sunway REIT Posts Higher 1Q Net Profit Of RM104.32 Mln

KUALA LUMPUR, May 14 (Bernama) -- Sunway Real Estate Investment Trust (REIT) recorded a higher net profit of RM104.32 million for the first quarter of 2025 (1Q 2025) ended March 31, 2025, compared to RM86.98 million in the same quarter a year ago.

PM Attends Roundtable Meeting With Russian Industry Players

From Sharifah Hunaini Syed Ismail

MOSCOW, May 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim continued the agenda of his second day of official visit to Russia by attending a roundtable meeting with industry leaders of the Russian Federation.

Malaysia’s Economic Momentum Likely Wanes In 1Q Amid China Concerns, Tariff Overhang

By Rosemarie Khoo and Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 14 (Bernama) -- Malaysia’s first quarter (1Q) 2025 gross domestic product (GDP) figures are set to challenge market expectations as investors attempt to untangle a complex mix of past trade distortions and growing concerns over the country’s economic exposure to China.

MIDF Projects Resilient Domestic Demand With Stronger Retail Sales

KUALA LUMPUR, May 13 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, is projecting sustained expansion in domestic spending following stronger retail sales recorded in March 2025.

Bursa Malaysia Hits Over Two-Month High On Trade Optimism

By Siti Noor Afera Abu

KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia extended its upward momentum on Tuesday, soaring 2.32 per cent to a more than two-month high, buoyed by renewed risk-on sentiment as the United States (US) and China took significant steps to de-escalate trade tensions over the weekend.

Malaysia's Wholesale, Retail Trade Records RM154 Bln In Sales In March 2025

KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s wholesale and retail trade sector recorded total sales of RM154 billion in March 2025, marking a year-on-year (y-o-y) growth of 5.7 per cent, said the Department of Statistics Malaysia (DOSM).

Malaysia’s Services Sector Up 6 Pct Y-o-Y In 1Q 2025

KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s services sector grew by 6.0 per cent year-on-year in the first quarter of 2025 (1Q 2025), reaching RM630 billion in revenue, according to the Department of Statistics Malaysia (DoSM).

Foreign Investors Extend Buying Streak On Bursa Malaysia With RM422.6 Mln Inflows

KUALA LUMPUR, May 13 (Bernama) -- Foreign investors extended their streak of net inflows on Bursa Malaysia for the third week, recording a net inflow of RM422.6 million last week, though lower than the previous week of RM853.3 million.

Ringgit Likely To Stay Weaker Next Week Amid US-China Trade Deal Optimism

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 10 (Bernama) -- The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.