Markets

Bursa Malaysia Gains Momentum At Midday

Bursa Malaysia showed positive movement at midday, propelled by stronger Asian markets and overnight gains on Wall Street. At the lunch break, the FBM KLCI rose by 4.26 points, or...

Ringgit Eases Against U.S. Dollar As Rate Cut Expectations...

The ringgit pulled back from its recent two-day rally, opening slightly lower against the US dollar today as expectations for aggressive rate cuts eased, according to an economist. Despite this,...

Bursa Malaysia May Reverse Wednesday’s Losses

Bursa Malaysia headed south again on Wednesday, one day after snapping the five-day losing streak in which it had dropped more than 25 points or 1.6 percent. The Kuala...

Asian Stocks Rise As Traders Look To Fed Rate...

Stocks in Asia rose Thursday after a tech-fueled rally lifted Wall Street as traders looked beyond elevated core US inflation to imminent rate cuts next week. Equities in Japan and...

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has finished higher in three straight sessions, advancing almost 80 points or 2.3 percent along the way. The Straits Times Index now sits just above...

Property

Property Sector Awaits Johor-Singapore SEZ Details

In the second quarter of 2024, Malaysian property developers reported mixed results, influenced heavily by significant one-off factors, including notable land sales. The sector is currently awaiting further details...

Kerjaya FY24 Estimates Maintained Despite New Contract

Kerjaya Prospek Group has secured a RM292.8 million building contract from UEM Sunrise subsidiary, Mega Legacy (M) Sdn Bhd, to construct a 57-storey service apartment in Kuala Lumpur. This...

Sunway Property Achieves Rapid Sellout Of Phase 1 At...

Sunway Property, the Master Community Developer, has achieved a significant milestone with the rapid sellout of Phase 1 of Sunway Maple Residence, its first freehold landed homes in Sunway...

News

Digitalisation Is A Double-Edged Sword In the Fight Against Financial Fraud

Fraudsters are becoming more sophisticated these days, making it challenging to detect their crimes, especially when managing vast amounts of data. Implementing effective fraud...

RAM Affirms MDV’s RM2 Billion Debt Papers

RAM Ratings has affirmed Malaysia Debt Ventures Berhad’s (MDV or the Company) AA3/Stable/P1 corporate credit ratings, alongside the same ratings of its RM2 bil...

50th Malaysia-China Ties Marked By Global Presidents’ Summit

The Fifth World Presidents’ Conference is set to take place in Malaysia on the 2nd and 3rd of December, marking the 50th anniversary of...

China Vows To Crush Any Foreign Threats In South China Sea

China has vowed to "crush" any foreign incursion into its sovereign territory, particularly in the South China Sea, according to a senior military official....

CIMB, Samsung Launch Program For 50% Trade-In On Device Upgrades

CIMB Bank Berhad and CIMB Islamic Bank Berhad have announced a collaboration with Samsung Malaysia Electronics to offer customers attractive financing plans and exclusive...

“Growth For Its Own Sake” Is No Longer Malaysia’s Economic Focus

The National Climate Governance Summit (NCGS) 2024, held today at Sasana Kijang, underscored the Unity Government’s commitment to fostering sustainable growth through climate-conscious economic...

ITMAX Appointed Parking Operator In Johor District

ITMAX System Berhad  announced that its subsidiary, Southmax Sdn Bhd has been appointed by Tangkak District Council as the smart parking operator, managing 5,113...

AI Adoption Set To Boost Malaysia’s GDP By USD 1 Trillion by 2030

As Malaysia rapidly digitises, AI adoption is essential for unlocking the country’s future potential. Emerging technologies, such as generative AI, are projected to contribute...

Editor's Choice

Entrepreneur

Global Highlights

Opinions

Net Zero 2050

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

Stay Connected

Next Phase

Trade

Foreign Holdings Rose At The Fastest Pace Since July...

Foreign investors increased their holdings of Malaysian bonds at the fastest pace in over...

July IPI Data Exceeded Analyst Expectations

Malaysia’s IPI grew slightly faster at +5.3%yoy in Jul-24 (Jun-24: +5.0%yoy), driven by stronger...

Malaysia’s Manufacturing Sector’s Sale Surged 9.1% In July, Highest...

The Manufacturing sector's sales value surged by 9.1 per cent to reach RM157.1 billion in July...

Demand For GII Bond Remains Strong With Investors

The latest 20-year Government Investment Issue (GII) auction achieved a solid bid-to-cover ratio of...

Domestic Retail Trade Expected To Grow 5% This Year:...

Malaysia’s domestic spending increased sustainably as the overall distributive trade expanded faster at +6.7%yoy...

Wholesale And Retail Trade Grew 6.7% In July: DOSM

Malaysia’s Wholesale & retail trade achieved a sales value of RM149.0 billion, reflecting a...

Time To Look Into EEU-ASEAN Economic Relations

The Eurasian Economic Union, in its’ present situation—comprising of Russia, Armenia, Belarus, Kyrgyzstan and...

Scale Up

Travel & Dining