Bursa Malaysia Opens Lower Amid Weaker Wall Street Cues

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia opens lower on Thursday in line with Wall Street’s weaker overnight performance.

Petronas Dividends Subject To Global Oil Market Performance - PM Anwar

PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.

Bursa Malaysia Opens Lower, Tracks Softer Regional Markets

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia started lower on Wednesday on mild profit-taking in early trade, tracking weaker regional markets and mixed Wall Street cues, while firm domestic sentiment may lend support later in the session.

Commercial Negotiation Between Petronas, Petros Progressing Well - Fadillah

KUCHING, Dec 16 (Bernama) -- The ongoing commercial negotiations between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) are progressing well and moving towards a mutually beneficial settlement, with an outcome expected early next year, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia stayed in positive territory at mid-afternoon today, supported by buying activities in selected heavyweights led by consumer products and services, and healthcare counters.

Bursa Malaysia Turns Higher At Midday On Stronger Ringgit

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia pared earlier losses to end the morning session higher, outperforming regional peers on the back of a stronger ringgit.

Perma-Pipe Q3 Net Income Soars 152 Pct, Revenue Hits US$61.1 Mln

KUALA LUMPUR, Dec 16 (Bernama) -- Perma-Pipe International Holdings Inc has reported a 152 per cent surge in third-quarter (Q3) net income to US$6.3 million, fuelled by higher sales volumes and improved project execution. (US$1=RM4.08)

Bursa Malaysia Opens Lower Tracking Weaker Regional Markets

KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday, tracking weaker regional markets and a softer overnight performance on Wall Street.

Labuan-based Flexi Flex Bags 'SME100 Fastest-growing Companies Award'

LABUAN, Dec 15 (Bernama) -- Flexi Flex Hydraulics Sdn Bhd has made history as the first company from Labuan to win the prestigious “SME100 Malaysia – Fastest Growing Companies Award”, underscoring its leadership and growing contribution to the region’s industrial development.

CILT Malaysia Sabah Honours Industry Excellence, Highlights Sector Reforms

KOTA KINABALU, Dec 15 (Bernama) -- The logistics and transport industry in Sabah and Labuan took centre stage last night as the Chartered Institute of Logistics and Transport Malaysia (CILT Malaysia) Sabah Section honoured industry excellence while highlighting key institutional reforms shaping the sector’s future.

Megah Port, Sailion Shipping Honoured At CILTM Sabah Outstanding Awards

KOTA KINABALU, Dec 14 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and its sister company Sailion Shipping Sdn Bhd were among industry players recognised with the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section Outstanding Awards for their contributions to logistics, transport and maritime sectors.

Sarawak To Reshape Industrial Park Strategy To Focus On Future Industries, Low-Carbon Economy -- Abang Johari

KUCHING, Dec 13 (Bernama) -- Sarawak is prepared to reshape its industrial park development strategy with a stronger focus on future industries, high technology, and a low-carbon economy, said Sarawak Premier Tan Sri Abang Johari Tun Openg.