1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black with a net profit of RM15.27 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to a net loss of RM105.21 million in 3Q 2023.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia has significant potential to become a regional hub for electric vehicle (EV) manufacturing in ASEAN, thanks to its 40-year history in automotive production since 1983 and its strong semiconductor cluster, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen in most part of the day to end marginally lower on last-minute selling, amid the weaker performance in regional peers.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) – Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- The unit price index of steel and metal recorded a decrease between -0.6 per and -4.9 per cent in most parts of Malaysia in October 2024, said the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia has attracted the United Kingdom’s second-largest business management software provider, The Access Group, to establish its new Global Operations Centre (GOC) in the country.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in 3Q 2023.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking sectors, said an analyst.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.
1y ago
KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia's key index was higher in early trade today, tracking Wall Street which closed on a strong note with the Dow Jones Industrial Average (DJIA) hitting a record high of 44,000 last Friday as stocks stayed firmly bullish, said an analyst.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives hit a two-year high, as prices rallied to above RM5,000 per tonne, a trader said.