Credit Growth Of Malaysian Banks To Improve To 6.0 Pct In 2025 - S&P Global

KUALA LUMPUR, Nov 14 (Bernama) -- The credit growth of banks in Malaysia is projected to improve to 6.0 per cent in 2025, benefiting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global. 

Dayang Enterprise Shares Up After Securing Two Petronas Carigali Contracts

KUALA LUMPUR, Nov 14 (Bernama) -- Dayang Enterprise Holdings Bhd (Dayang Enterprise) shares rose in early Bursa Malaysia trade today after securing two  Petronas Carigali Sdn Bhd (PCSB) contracts.

Bursa Malaysia Opens Higher On Continuous Buying Interest

KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia opened higher today, buoyed by continued buying interest amid Wall Street’s mixed performance overnight after the United States (US) inflation data came in within expectations.

PM Anwar Calls For Robust Collaboration With Global South

LIMA (Peru), Nov 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.

Dayang Enterprise Secures Two Contracts From Petronas Carigali

KUALA LUMPUR, Nov 13 (Bernama) -- Dayang Enterprise Holdings Bhd's (DEHB) wholly owned subsidiary Dayang Enterprise Sdn Bhd has been awarded two contracts from Petronas Carigali Sdn Bhd (PCSB) for the provision of Pan-Malaysia offshore maintenance, construction, modification, and hook-up services.

Johor Plantations' 3Q Net Profit Rises To RM77.11 Mln

KUALA LUMPUR, Nov 13 (Bernama) -- Johor Plantations Group Bhd’s net profit rose to RM77.11 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM68.28 million in the same period last year. 

Bursa Malaysia Ends Higher On Renewed Interest In Selected Heavyweights

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia’s key index reversed early losses to end higher today on renewed interest in utilities as well as industrial product and services stocks amid the mixed performance by regional peers.

Bursa Malaysia Turns Mixed At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia turned mixed at midday today, backed by continuous buying in selected heavyweights amidst the weaker performance by regional peers.

Founder Of Ahmad Zaki Resources, Wan Zaki, Dies

KUALA LUMPUR, Nov 13 (Bernama) -- Tan Sri Wan Zaki Wan Muda, founder of Ahmad Zaki Sdn Bhd (AZSB) and group advisor to Ahmad Zaki Resources Bhd (AZRB), passed away Tuesday evening at the age of 75.

Malaysia Ramps Up Infrastructure To Strengthen Global Competitiveness

KUALA LUMPUR, Nov 13 (Bernama) -- Continuous investment in infrastructure projects is helping Malaysia strengthen its position as a regional trade and investment hub while boosting global competitiveness.

HLIB Expects Malaysia's 3Q GDP Growth To Moderate To 5.3 Pct

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB). 

MIDA Identifies 12 Egyptian Companies Interested In Investing In Malaysia - Tengku Zafrul

From Nashir Mansor

CAIRO, Nov 12 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) through its agency the Malaysian Investment Development Authority (MIDA) has identified 12 leading Egyptian manufacturing companies interested in exploring investment opportunities in Malaysia.