Govt Expects Fiscal Deficit To Shrink To 3.5 Pct In 2026 -- Amir Hamzah

KUALA LUMPUR, Feb 4 (Bernama) -- The government expects the country's fiscal deficit to continue to shrink to 3.5 per cent in 2026, close to achieving the medium-term target of 3.0 per cent under the Public Finance and Fiscal Responsibility Act (FRA) 2023, reflecting increasingly strong fiscal discipline.

Binastra Unit Bags RM503 Mln Kuala Lumpur Data Centre Contract

KUALA LUMPUR, Feb 4 (Bernama) -- Binastra Corporation Bhd’s wholly-owned subsidiary, Binastra Builders Sdn Bhd, has secured a RM503 million contract from Exsim Sri Permai Sdn Bhd for a proposed data centre development in Jalan Sri Permaisuri, Kuala Lumpur.

Bursa Malaysia Stays Lower At Midday On Selling Pressures

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia continued its downward momentum at midday as selling activities persisted in selected heavyweight counters, led by financial services, industrial products and services, as well as the utilities counters.

Petronas Signs 20-year LNG Supply Deal With QatarEnergy

KUALA LUMPUR, Feb 4 (Bernama) -- Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas), has signed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies.

Bursa Malaysia Opens Higher Despite Lower Wall Street

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today despite a lower Wall Street overnight performance. 

Ringgit Opens Higher Against US Dollar Amid Mixed Fed Rate Views

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid mixed views among the United States Federal Reserve (Fed) officials on interest rates.

MEF Welcomes Government’s Timely Push For Stronger Business Ecosystem

KUALA LUMPUR Feb 3 (Bernama) -- The Malaysian Employers Federation (MEF) said the government’s push for tougher rules, stronger enforcement and a more supportive business ecosystem is timely amid intensifying global competition on the domestic front.

CPO Futures End Lower On Stronger Ringgit, High Stock Levels

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concern over the stronger ringgit against the US dollar, which will affect the demand for the commodity in the near term, a trader said.

SGX-listed Mooreast Eyes Collaboration With Sime Darby Unit On Offshore, Renewables

SINGAPORE, Feb 3 (Bernama) -- Mooring solutions provider Mooreast Holdings Ltd said it is collaborating with Sime Darby Joy Industries Sdn Bhd, a unit of Sime Darby Bhd, on offshore business opportunities, including renewable energy.

Gold Futures End Lower Despite Gains On US COMEX

KUALA LUMPUR, Feb 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday, despite gains in the US COMEX gold market.

Ringgit Ends Higher Vs US Dollar, Regional Currencies on Continued Optimism On Malaysia's Growth

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit closed higher against the US dollar, other major currencies and ASEAN peers on Tuesday on continued optimism over Malaysia’s economic growth prospects.

Pintaras Jaya's Unit Bags Works Subcontract Worth RM35.5 Mln

KUALA LUMPUR, Feb 3 (Bernama) -- Pintaras Jaya Bhd’s wholly owned subsidiary, Pintaras (East Malaysia) Sdn Bhd, has won a subcontract for a proposed bridge construction in Kuching, Sarawak, worth RM35.5 million.