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Binastra Records 43 Pct Revenue Growth,; Order Book At RM4.1 Bln In 1Q

KUALA LUMPUR, June 19 (Bernama) -- Binastra Corporation Bhd’s revenue rose by 43 per cent to RM256.8 million in the first quarter ended April 30, 2025 (1Q FY2026), a 43 per cent increase year-on-year (y-o-y) compared to 1Q FY2025.

Tax Expansion Vital To Ensure Fiscal Sustainability - PMO

KUALA LUMPUR, June 19 (Bernama) -- The country’s revenue generation remains limited, and tax expansion is necessary to ensure fiscal sustainability, according to the Prime Minister’s Office (PMO).

Bursa Malaysia Closes Lower In Sync With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region, said an analyst.

Bursa Malaysia Lower At Midday On Lack Of Positive Sentiment

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia extended its downtrend to close the morning session lower at midday as profit-taking continued amidst a lack of positive market sentiment, analysts said. 

Construction Sector 2Q Earnings Keep Upward Momentum - CIMB Securities

KUALA LUMPUR, June 19 (Bernama) -- Earnings in the construction sector are expected to remain on an upward quarter-on-quarter (q-o-q) trajectory in the second quarter of 2025 (2Q 2025), supported by increased construction site activities following 1Q 2025 festive breaks, according to CIMB Securities Sdn Bhd.

Malaysia's Data Centre Sector Remains Positive -- MIDF Amanah

KUALA LUMPUR, June 19 (Bernama) -- Malaysia's data centre sector remained positive amid a recent report alleging that Chinese firms were training their artificial intelligence (AI) models at a data centre here that is powered by Nvidia chips, said MIDF Amanah Investment Bank Bhd.

Bursa Malaysia Ends Mixed In Choppy Trading

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended a choppy but directionless trading session, with the index moving in a narrow range, amid global uncertainties, as investors refrained from taking long positions.

Govt Expects Additional SST Revenue Of RM5 Bln In 2025, RM10 Bln In 2026 Following Revision

PETALING JAYA, June 18 (Bernama) -- The Sales and Service Tax (SST) collection is expected to increase by RM5 billion in 2025 and by RM10 billion in 2026 following the review and expansion of the tax scope, which will be implemented starting July 1.

Bursa Malaysia Almost Flat At Midday

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia remained almost flat at midday today with buying support continuing in selected heavyweights, interspersed with profit-taking led by consumer products and services counters. 

Policy Consistency, Political Stability Key To World Competitiveness Ranking – Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s World Competitiveness Ranking (WCR) hinges on political stability and consistent policy formulation and implementation, particularly as difficult or unpopular decisions are sometimes necessary to optimise resource allocation and strengthen the country’s economic structure.

OGSE Sector To Embrace Malaysia's Energy Transition Agenda, Says MOGSC

By Engku Shariful Azni Engku Ab Latif and Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 17 (Bernama) – The domestic oil and gas services and equipment (OGSE) sector is set for continued growth as Malaysia accelerates its energy transition, as outlined in the National Energy Transition Roadmap (NETR).

Bursa Malaysia Closes Lower Amid Foreign Outflow, Heightened Middle East Tensions

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia closed lower on Tuesday amid foreign fund outflows as investors weighed the escalating Israel-Iran tensions, analysts said.