KLCI Futures Open Lower In Early Trade

KUALA LUMPUR, Feb 5 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower today.

Ringgit Rises On US Dollar Consolidation, Oil Spike

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit rose against the US dollar and major currencies on Thursday, supported by domestic strength and a rebound in oil prices, as the greenback consolidated after mixed US economic data.

PNB To Assess Sunway's VGO For IJM Based On Commercial Basis

KUALA LUMPUR, Feb 4 (Bernama) — Permodalan Nasional Bhd (PNB) will assess Sunway Bhd’s voluntary general offer (VGO) for IJM Corporation Bhd based on commercial considerations, offer risks, governance, investment returns, and Sunway’s strategic plans post- acquisition.

CPO Futures End Higher On Expectations Of Lower Stocks

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday, supported by expectations of lower inventories and stronger export demand, a trader said.

Review And Upgrade Of FTAs A Critical Strategy To Strengthen Malaysia's Economic Agenda - MITI

KUALA LUMPUR, Feb 4 (Bernama) -- The review and upgrade of negotiations of free trade agreements (FTAs) are a critical strategy to ensure that Malaysia’s trade framework remains relevant in driving the nation’s economic and socio-economic agenda.

ART Will Only Come Into Force After Malaysia, US Exchange Notices

KUALA LUMPUR, Feb 4 (Bernama) -- The Agreement on Reciprocal Trade (ART) will only enter into force after Malaysia and the United States exchange written notices pursuant to Article 7.2 of the ART.

IOI Properties Sells 50 Hectares Of Industrial Land In Banting For RM740.68 Mln

KUALA LUMPUR, Feb 4 (Bernama) -- IOI Properties Group Bhd’s (IOIPG) wholly-owned subsidiary, Fortune Growers Sdn Bhd is disposing of 50 hectares (ha) of industrial land in Banting, Selangor, to Bridge Data Centres Malaysia VIII Sdn Bhd (BDC), for RM740.68 million.

Melaka To Get Over RM9 Bln Investment To Build AI Data Centre In Jasin

MELAKA, Feb 4 (Bernama) -- Melaka is set to receive an investment of more than RM9 billion to develop the state’s first artificial intelligence (AI)-based data centre.

Proton Expands Electrification Strategy With Entry Into PHEV Segment

KUALA LUMPUR, Feb 4 (Bernama) -- Proton has expanded its electrification strategy by going into the plug-in hybrid electric vehicle (PHEV) segment, positioning the new Proton e.MAS 7 PHEV as a key offering to widen market reach beyond full electric vehicles.

Ringgit Eases Vs US Dollar, Up Against ASEAN Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit eased against the US dollar at the close on Wednesday, but remained steady, supported by improving business indicators across Asia, including Malaysia.

Govt To Review CBU Units Of EV Imports, Focus On Quality -- Johari

KUALA LUMPUR, Feb 4 (Bernama) — The government will review the importation of completely built-up (CBU) electric vehicles (EVs) to ensure only quality models enter the local market to protect the country’s automotive ecosystem.

Gold Futures End Higher On Bargain Hunting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, tracking gains in US COMEX gold futures as bargain hunting emerged following last week’s sharp sell-off from record highs, said an economist.