Markets

KLCI Largely Inactive As Investors Turn Cautious

Bursa's benchmark index, FBM KLCI, today rose by 2.24 points, or 0.14%, to close at 1641.55, considered inactive as investors are cautious of the escalation of violence in the...

F&N Gains Big As Pertama Digital Loses 30%

On the broader market, losers outnumbered gainers by 504 to 473, with 545 counters unchanged. Here is the table for today’s top gainers and losers: Top Gainers NoStock NameStock CodeLast DoneCHGVOL ('00)1Fraser...

Foreign Exchange Rates October 3, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 p.m. on October 3, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Bursa Malaysia Sees Decline Amid Global Investor Caution

Bursa Malaysia fell into negative territory during the early session, with 504 stocks recording losses as global investors turned away from riskier assets amid ongoing turmoil in the Middle...

Press Metal’s Strong Fundamentals Set To Weather Short-Term Hurdles

Press Metal Aluminium Holdings Berhad has maintained its BUY rating, albeit with a revised target price of RM6.30, down from RM6.53, indicating a potential upside of 26.7%. As of...

Property

Are There More DC Deals Coming For Ecoworld?

Maybank Investment paid a visit to EcoWorlds Kulai industrial park and came away with some key insights, the Quantum Edge Park is said to have secured land deals to...

Navigating Malaysia’s Housing Crisis: Insights From The H2 2024...

PropertyGuru Malaysia has revealed crucial insights from its latest H2 2024 Consumer Sentiment Study during the Malaysia Property Pulse Check event. The study highlights significant affordability challenges faced by...

The Misunderstood Role Of Property Manager Compared To Building...

In response to the article, “Balance between needs and affordability” published on 30th September 2024, the Malaysian Institute of Property and Facility Managers (MIPFM) said that it is essential to...

News

Sungei Bagan Revises Acquisition Deal With Kuchai Development

Sungei Bagan Rubber Co (Malaya) Bhd has clarified that the transfer of agricultural land in Semenyih, Selangor, which was initially part of its acquisition...

Mass Boycott Of Major Brands May Drag Adex

Kenanga has maintained its CY24F adex growth estimate of 10.8% YoY, which is mainly driven by free-to-air TV (FTA TV) (+10% YoY) and digital...

Tesla Recalls 27,000 Cybertrucks Over Auto-System Delay

Tesla announced on Thursday it would recall most Cybertrucks in the US due to delayed rear-view camera images that could impair driver visibility and increase...

Indonesia Bans E-Commerce Firm Temu

Indonesia will uphold its ban on e-commerce platform Temu due to fears it could disrupt the country’s micro, small and medium enterprises (MSMEs), said...

Malaysia To Import Quality Rice And Meat From Pakistan

Malaysia has agreed to import over 100,000 metric tons of high-quality rice of the Basmati variant and meat from Pakistan as part of the...

MARC Assigns Final Rating Of AA To Power Root’s RM500 Million IMTN

MARC Ratings has assigned a final rating of AA-IS to Power Root Berhad’s RM500.0 million Islamic Medium-Term Notes (Sukuk Wakalah) Programme. The rating outlook is stable. The rating...

Singapore To Build Second Airport Logistics Park

Singapore will develop a second logistics park at Changi Airport to expand the capacity of the existing facility and strengthen the country’s position as...

Atlan Forced To Shut Bukit Kayu Hitam Duty Free

Altan Holdings Berhad has announced that it has received official notifications, Forms E and F under the Land Acquisition Act, regarding the compulsory acquisition...

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Trade

Malaysia To Import Quality Rice And Meat From Pakistan

Malaysia has agreed to import over 100,000 metric tons of high-quality rice of the...

1H Financial Market Conditions Remained Orderly During Volatile Periods:...

The Central Bank today released the Financial Stability Review for the First Half of...

MedTech Players Keen To Invest RM2.7 Billion For Expansion:...

The Malaysian Investment Development Authority (MIDA) and the Association of Malaysian Medical Industries (AMMI)...

Slower Factory Output In Sept Should Not Derail Malaysia’s...

The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) dipped to 49.5...

Invest Iskandar: Where Policy Meets Progress

Invest Malaysia Iskandar 2024, held for the first time in Iskandar Puteri, Johor on...

Ringgit Extends Gains Hits New High At 4.10

The ringgit extended last week’s gains, opening stronger against the US dollar today, supported...

Key Measures Expected In Budget 2025

The Madani government’s Budget 2025 on 18 October should continue to highlight measures to...

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