By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
SUBANG JAYA, Jan 26 (Bernama) -- AWC Bhd has entered into a strategic memorandum of understanding (MoU) with Singapore-based TwinMatrix Technologies Pte Ltd to advance digital innovation across its facilities and infrastructure operations.
KUALA LUMPUR, Jan 26 (Bernama) -- Exsim Hospitality Bhd (EHB) has bagged a RM21 million contract to carry out interior fit-out works for a 50-storey mixed commercial development here.
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.
KUALA LUMPUR, Jan 23 (Bernama) -- Hartanah Kenyalang Bhd’s wholly-owned subsidiary Hartanah Construction Sdn Bhd has secured a RM184.3 million contract from the Public Works Department Sarawak to upgrade and repair Sarawak Stadium.
KUALA LUMPUR, Jan 23 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Malaysian Reinsurance Berhad (Malaysian Re), with a stable outlook of these credit ratings (ratings).
KUALA LUMPUR, Jan 22 (Bernama) -- Komarkcorp Bhd has proposed a share capital reduction of RM148.70 million to offset its significant accumulated losses.
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 22 (Bernama) -- Positive sentiment surrounding the Overnight Policy Rate (OPR) status quo, coupled with easing geopolitical uncertainty, supported the Bursa Malaysia benchmark index in closing higher today.
KUALA LUMPUR, Jan 22 (Bernama) -- HSS Engineers Bhd’s (HEB) associate company, HSS Integrated Sdn Bhd (HSSI) has been appointed as project management consultant for the engineering, procurement, construction and commissioning of a data centre in Bagan Datuk, Perak, worth RM22 million.
KUALA LUMPUR, Jan 20 (Bernama) -- PJBumi Bhd’s indirect wholly-owned subsidiary, Rig Capital Pte Ltd, has signed a contract to purchase five sets of drilling rig from Gaoyou Hao Xiang Petroleum Machinery Co Ltd for RM161.64 million.
KUALA LUMPUR, Jan 20 (Bernama) -- The ringgit is expected to trade within the range of 4.0-4.20 against the US dollar this year, supported by structural improvements in Malaysia’s external accounts, although its upside remains constrained by global portfolio outflows and a stronger dollar.
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 19 (Bernama) -- Bursa Malaysia’s benchmark index pared earlier losses, ending marginally lower after late buying lifted it to the day’s high of 1,712.33 at the close, amid mixed regional sentiment.
