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Malaysia’s Utilities Sector Seen Insulated From Global Energy Shocks As CGS Maintains 'Overweight' Call

KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s utilities sector is seen as relatively insulated from current geopolitical energy shocks compared with many ASEAN peers, both from a system reliability and sector earnings perspective, according to CGS International Securities.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia opened higher on Tuesday, buoyed by Wall Street gains and supported by broad-based buying across regional markets.

Sunway Healthcare FY2025 Net Profit Eases To RM252 Mln, But Revenue Rises To RM2.2 Bln

KUALA LUMPUR, March 16 (Bernama) -- Sunway Healthcare Holdings Bhd's (SHH) net profit fell to RM252.21 million for the financial year ended Dec 31, 2025 (FY2025) from RM257.50 million a year earlier.

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.

Founders Connects Event Brings Startups, Investors Together In UAE

KUALA LUMPUR, March 16 (Bernama) -- A networking event in Dubai bringing together startup founders, investors and ecosystem partners highlighted the importance of structured peer-to-peer collaboration within the region’s startup ecosystem, with Dmitry Shubov, founder of Dmitry Shubov Consulting, among those in attendance.

More Than RM7 Bln Mobilised Under MyCIF To Fund Over 11,500 MSMEs -- SC Chairman

KUALA LUMPUR, March 16 (Bernama) -- More than RM7 billion was mobilised under Malaysia Co-investment Fund (MyCIF) to fund over 11,500 micro, small and medium enterprises (MSMEs) and startups since 2019, said Securities Commission chairman Datuk Mohammad Faiz Azmi.

AM Best Affirms KBFG China Credit Ratings

KUALA LUMPUR, March 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of KBFG Insurance (China) Co Ltd (KBFG China) with a stable outlook.

TNB, TM Team Up On Green Energy, Digital Infrastructure

KUALA LUMPUR, March 16 (Bernama) -- Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd (TM) have embarked on a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.

Consumer Staples And Transport-related Counters Seen Riding Raya Wave

By Zufazlin Baharuddin

KUALA LUMPUR, March 16 (Bernama) – Companies with a strong brand position and better cost management are likely to deliver improved quarterly results, driven by festive sales, which in turn could support their share price, analysts said.

Bursa Malaysia Opens Lower, Tracking Wall Street Declines

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking overnight losses on Wall Street amid rising crude oil prices.

Ringgit Opens Marginally Higher Against US Dollar Amid Cautious Sentiment

KUALA LUMPUR, March 16 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by mild dollar weakness, though persistent geopolitical uncertainties and elevated oil prices capped gains.

West Asia Conflict: NEAC To Study Impact On Aviation, Oil Supply

JOHOR BAHRU, March 15 (Bernama) -- The National Economic Action Council (NEAC) will hold a meeting tomorrow to discuss the impact of the prolonged conflict in West Asia on the transportation sector, particularly aviation, and mitigation measures to safeguard oil and gas (O&G) supply.