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Bursa Malaysia Opens Higher On Regional Gains, Cautious Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened higher on Thursday, lifted by regional gains and cautious sentiment after Wall Street ended mixed overnight, with the Nasdaq and S&P 500 advancing while the Dow edged lower.

TSR Capital Secures RM85 Mln Infrastructure Contract In Johor

KUALA LUMPUR, Oct 14 (Bernama) – TSR Capital Bhd’s wholly-owned construction subsidiary TSR Bina Sdn Bhd has secured an RM85 million contract from JLG Buildworks Sdn Bhd to develop infrastructure works at a plot of land located south of Ibrahim Technopolis township in Kulai, Johor.

Niise Contract Sum Revised To RM1.05 Bln - HeiTech Padu

KUALA LUMPUR, Oct 13 (Bernama) -- The value of HeiTech Padu Bhd’s contract for the National Integrated Immigration System (NIISe) project has been revised to RM1.05 billion from RM892.19 million. 

AM Best Affirms Philippines Nat Re's Credit Ratings With Stable Outlook 

KUALA LUMPUR, Oct 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good) and the Philippines National Scale Rating of aa+.PH (Superior) of National Reinsurance Corporation of the Philippines (Nat Re), with a stable outlook.

Indonesia’s Non-Life Insurance Outlook Remains Stable - AM Best

KUALA LUMPUR, Oct 9 (Bernama) -- Global credit rating agency, AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.

SJKP Guarantees Over 100 Pct Home Financing For First-time Buyers

KUALA LUMPUR, Oct 9 (Bernama) -- Syarikat Jaminan Kredit Perumahan Bhd (SJKP) guarantees home loans covering more than 100 per cent of the house purchase price for qualified first-time buyers, giving banks greater confidence to approve applications that might otherwise be declined.

Matrix Concepts, Golog Ink MoU For MVV 2.0 Land Development In Negeri Sembilan

KUALA LUMPUR, Oct 8 (Bernama) -- Matrix Concepts Holdings Bhd (MCHB) today signed a memorandum of understanding (MoU) with Golog Holdings Sdn Bhd to collaborate on the acquisition and development of a 250.1-hectare parcel of land in Smart County, Labu, Negeri Sembilan.

Binastra Secures RM305 Mln Solar PV, BESS Project In Johor

KUALA LUMPUR, Oct 7 (Bernama) -- Binastra Corporation Bhd’s wholly owned subsidiary, Binastra Green Energy Sdn Bhd, has secured a RM305 million contract from Bahru Stainless Sdn Bhd to develop infrastructure for a 65-megawatt-peak (MWp) solar photovoltaic (PV) energy system and a 200-megawatt hour (MWh) battery energy storage system (BESS) in Pasir Gudang, Johor.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia closed the morning session lower, as profit-taking in selected heavyweights, led by healthcare and construction counters, weighed on market sentiment, analysts said.

Budget 2026 To Reinforce Govt Commitment To Strengthen Fiscal Space - MBSB IB

KUALA LUMPUR, Oct 3 (Bernama) -- Budget 2026 will reinforce the government’s commitment to strengthening fiscal space, said MBSB Investment Bank Bhd (MBSB IB) today.

Stronger 2H 2025 Property Sales Expected To Balance Weak 1H -- Kenanga Research

KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia’s property sector is expected to see stronger sales in the second half of 2025 (2H 2025), offsetting 1H 2025’s weaker performance, according to Kenanga Research.

TNB Wins Award For Highest Shareholder Returns Among Market Heavyweights

By Mikhail Raj Abdullah

KUALA LUMPUR, Oct 1 (Bernama) – Tenaga Nasional Bhd (TNB) has won the prestigious “The Edge Billion Ringgit Club Awards 2025” (BRC Awards) for having the highest shareholder returns over three years in the Super Big Cap, or above RM40 billion market capitalisation, category.