IJM Plans India Exit To Unlock Shareholder Value
PETALING JAYA, March 16 (Bernama) -- IJM Corp Bhd plans to exit its highway investments in India as part of its efforts to unlock shareholder value.
| LATEST NEWS | The Federal Court today grants leave to Petronas to refer legal questions seeking clarity on the applicable regulatory framework governing its petroleum operations in Sarawak | Domestic flight capacity increased to accommodate rising demand during Aidilfitri - Loke | MRT cable theft: MOT recommends that KDN amend existing laws, impose heavier penalties for offenders - Loke | Special Select Committee aims to finalise proposal to separate AG-Public Prosecutor roles by mid-May - Azalina | No economic stimulus package at present following West Asia conflict - Amir Hamzah | |
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Rakuten Trade Forecasts FBM KLCI At 1,800 In 2026 Amid Global Uncertainty
KUALA LUMPUR, March 13 (Bernama) -- Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging uncertainty.
AM Best Downgrades Petronas Captive Insurer ENERGAS
KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).
MARGMA, Monash Malaysia Sign Mou To Boost Rubber Glove Talent
KUALA LUMPUR, March 12 (Bernama) -- The Malaysian Rubber Glove Manufacturers Association (MARGMA) and Monash University Malaysia have signed a memorandum of understanding (MoU) to strengthen talent development, research collaboration, and innovation within Malaysia’s rubber glove industry.
BNM Ensures Orderly Financial Markets Amid Global Uncertainties
KUALA LUMPUR, March 11 (Bernama) -- The government, through Bank Negara Malaysia (BNM), ensures that financial markets remain orderly and the country’s financial system remains resilient amid global uncertainties through continuous market surveillance, according to the Finance Ministry (MoF).
Investors Should Diversify Portfolios Amid Oil Price Volatility - Asia School Of Business CEO
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 10 (Bernama) -- Investors should diversify their portfolios and consider shifting towards low-risk, higher-quality investments during periods of uncertainty caused by volatile oil prices, according to Asia School of Business chief executive officer and president Prof Joseph Cherian.
Bursa Malaysia Rebounds To Reclaim 1,700 Level At Close
By Zufazlin Baharuddin
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia rebounded to end higher today with the benchmark FBM KLCI reclaiming the 1,700 psychological level, supported by improved global sentiment after US President Donald Trump signalled a potential de-escalation of the Iran conflict, alongside Malaysia’s stronger Industrial Production Index (IPI) data.
Malaysia's Energy Sector Seen As Defensive Amid Geopolitical Tensions – RHB IB
KUALA LUMPUR, March 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) said Malaysia’s energy sector remains a defensive play should geopolitical tensions persist, potentially triggering a market risk-off mode.
CMP To Boost Vibrancy Of Malaysia’s Capital Market -- MBSB
KUALA LUMPUR, March 10 (Bernama) -- MBSB Investment Bank Bhd is positive on the Capital Market Masterplan (CMP) 2026–2030, saying the blueprint could enhance the vibrancy of Malaysia’s capital market.
RHB IB Keeps 'neutral' Call On Transportation Sector Amid West Asia Conflict
KUALA LUMPUR, March 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) maintained a “neutral” call on the transportation sector, with the ongoing West Asia conflict expected to have a limited impact on Westports Holdings Bhd, while logistics companies could benefit from higher freight rates.
Bursa Malaysia Ends Broadly Lower Amid Regional Sell-Off, CI Down 2.56 Pct
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia closed broadly lower today in line with widespread selling across regional markets as the intensifying conflict in the Middle East dampened investor sentiment and reignited concerns over global inflation.
Advancecon Bags RM148.4 Mln Johor Infrastructure Contract
KUALA LUMPUR, March 9 (Bernama) -- Advancecon Holdings Bhd’s wholly owned subsidiary, Advancecon Infra Sdn Bhd (AISB), has secured a RM148.42 million contract from JLG Technopark Sdn Bhd for the proposed construction and completion of earthworks and main infrastructure works for Package 1B at Southern Ibrahim Technopolis (IBTEC) in Kulai, Johor.