Gold Futures Close Higher
KUALA LUMPUR, Jan 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today despite a minor decline in the United States COMEX gold market.
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Bursa Malaysia Opens Slightly Higher On Sustained Buying Interest
KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, supported by ongoing buying interest, as market participants reacted positively to reports that US President Trump refrained from unveiling new tariffs on China in his inauguration speech.
Ringgit Rises Against US Dollar After Trump’s Inauguration Speech
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit opened higher against a weakening US dollar as US President Donald Trump, in his inauguration speech avoided announcing new tariffs, particularly on China.
Fajarbaru, PDC Ink Master PDA For Phase 1 Of Penang Medi-city
GEORGE TOWN, Jan 20 (Bernama) -- Fajarbaru Builder Group Bhd (FBG) and the Penang Development Corporation (PDC) have signed the master purchase and development agreement (master PDA) for the first phase of the Penang Medi-City project in Batu Kawan.
Salary Hike A Boon For Retail, Travel Sectors
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.
AHAM Capital Declares RM1.11 Bln Income Distribution For FY2024
KUALA LUMPUR, Jan 20 (Bernama) -- AHAM Asset Management Bhd (AHAM Capital) has declared a total income distribution of RM1.11 billion for the financial year 2024, covering 89 wholesale and retail funds.
Malaysia, UK Must Proactively Capitalise On CPTPP Benefits – PM Anwar
From D.Arul Rajoo
LONDON, Jan 17 (Bernama) -- The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) sets the stage for greater growth in trade, investment, and the exchange of knowledge and know-how between Malaysia and the United Kingdom (UK), but hard work lies ahead.
U Mobile To Roll Out 5G In 15-18 Months, IPO By End Of 2025 – Vincent Tan
KLANG, Jan 17 (Bernama) -- U Mobile Sdn Bhd, Malaysia’s second 5G network operator, plans to roll out its second 5G network within the next 15 to 18 months, according to chairman Tan Sri Vincent Tan.
Malaysia To Rejuvenate Underutilised ASEAN Plus Three, EAS To Bolster Regional Cooperation -- PM Anwar
From D.Arul Rajoo
LONDON, Jan 17 (Bernama) -- As chair of ASEAN in 2025, Malaysia will seek to rejuvenate key mechanisms like the ASEAN Plus Three and the East Asia Summit (EAS), both of which have been celebrated for their convening power but remain underutilised, Prime Minister Datuk Seri Anwar Ibrahim said.
CAAM-MAVCOM Merger Set For Second Half Of 2025
KUALA LUMPUR, Jan 17 (Bernama) -- The merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (MAVCOM) is expected in the second half of this year, CAAM chief executive officer Datuk Captain Norazman Mahmud said.
Gamuda's RM6.6 Bln London Wall Project Breaks Ground, Secures RM2.75 Bln Development Loan
KUALA LUMPUR, Jan 17 (Bernama) -- Gamuda Bhd and London-based real estate investor Castleforge marked the next stage in their £1.2 billion (RM6.6 billion) redevelopment of 75 London Wall in the City of London with a groundbreaking ceremony and the signing of one of London’s largest property development loan in recent years, valued at £500 million (RM2.75 billion).
Ringgit Opens Higher Against US Dollar For Fourth Consecutive Day
KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit opened higher for the fourth consecutive day against the US dollar as investors reassessed their positions following the release of weaker US economic data, said an analyst.