12h ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 31 (Bernama) -- Malaysia's maritime industry is calling for a stronger financing support from local banks to unlock its investment potential and enable domestic players to expand their operations, particularly in the bunkering sector, said Maritime Network Sdn Bhd chief executive officer Datuk Seri Jeyenderan R.
12h ago
By K. Naveen Prabu & Danni Haizal Danial Donald
KUALA LUMPUR, Oct 31 (Bernama) -- Bursa Malaysia is expected to consolidate next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) projected to trade within the 1,600-1,630 range amid a mildly positive bias.
1d ago
GEORGE TOWN, Oct 30 (Bernama) -- The Penang state government today tabled its budget for 2027 amounting to RM1.074 billion, comprising RM1.042 billion for operating expenditure and RM280.17 million for development expenditure.
1d ago
By K. Naveen Prabu & Danni Haizal Danial Donald
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia’s key index ended higher on Friday, supported by renewed buying in selected blue chip stocks, particularly financial services counters, amid mixed regional sentiment.
1d ago
KUALA LUMPUR, Oct 30 (Bernama) -- Suria Strategic Energy Resources Sdn Bhd (SSER), a Minister of Finance Incorporated company, and the Export-Import Bank of China (CEXIM) today signed a loan repurposing agreement valued at RM5 billion to finance the Northern Perak Water Supply Scheme (NPWSS).
1d ago
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia’s key index rebounded from earlier losses to end the morning session higher, outperforming regional peers as continued buying in plantation heavyweight stocks supported market sentiment.
1d ago
KUALA LUMPUR, Oct 30 (Bernama) -- HSBC has upgraded Malaysia’s 2026 economic growth to 5.5 per cent from 5.2 per cent, the third consecutive year above the five per cent threshold, according to HSBC.
1d ago
KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s KB Insurance Co Ltd (KBI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
1d ago
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.
2d ago
BATU KAWAN, Oct 29 (Bernama) -- Penang hopes the federal government will consider reviewing and simplifying import procedures for specialised laboratory equipment to reduce uncertainty over equipment classification, tax exemptions and approval timelines.
2d ago
KUALA LUMPUR, Oct 29 (Bernama) -- The federal government will continue to implement the Sales and Service Tax (SST), as the Goods and Services Tax (GST) will not be considered due to the ongoing burden of the cost of living.
2d ago
From Harizah Hanim Mohamed
SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud International is optimising its hardware and software architecture to provide more cost-effective computing and artificial intelligence (AI) inference amid growing demand for computing and storage, while offering products suited to local markets to accelerate adoption.