GDB Unit Secures RM118.99 Mln Sarawak Flood Forecasting Programme Subcontract

KUALA LUMPUR, Oct 19 (Bernama) -- GDB Holdings Bhd’s (GDB) wholly owned subsidiary, GDB Infra Sdn Bhd, has secured a RM118.99 million subcontract for Phase 3 of the National Flood Forecasting and Warning Programme (PRAB) in Sarawak.

Bursa Malaysia's Key Index Ends Below 1,600 Support Level, Banking Stocks Weigh

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 19 (Bernama) -- Bursa Malaysia’s benchmark index extended its decline to close below the 1,600 support level as persistent foreign selling weighed on banking heavyweights, said an analyst.  

Bursa Malaysia Ends Morning Session Lower, Financial Counters Weigh

KUALA LUMPUR, Oct 19 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by selling in financial services stocks as the local market tracked losses on Wall Street last Friday.  

Malaysia Among Asian Markets Recording Net Selling -- MBSB IB

KUALA LUMPUR, Oct 19 (Bernama) -- Malaysia was among Asian markets that recorded net foreign institutional outflows last week, with foreign institutions extending their net selling streak on Bursa Malaysia to four consecutive weeks, amounting to RM270.2 million (US$1=RM4.0790), according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Eases In Early Trade, Tracks Wall Street Losses

KUALA LUMPUR, Oct 19 (Bernama) -- Bursa Malaysia’s benchmark index eased in early trade on Monday, tracking losses on Wall Street last Friday amid a sell-off in technology and artificial intelligence-related stocks.

Malaysia’s Diversified Economy, Fiscal Buffers To Cushion External Shocks -- Amir Hamzah

By Kenny Teng

BANGKOK, Oct 18 (Bernama) -- Malaysia’s diversified economy, resilient export markets and stronger fiscal buffers will help cushion external shocks and support its growth outlook for 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Budget 2027 To Boost Malaysia’s Competitiveness In High-value Industries – Amir Hamzah

By Kenny Teng

BANGKOK, Oct 17 (Bernama) -- Budget 2027 will strengthen Malaysia’s position in high-value industries by attracting quality investments, deepening local supply chains and developing skilled talent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Robotics, Autonomous Vehicle Firms Sign Four Collaborations To Set Up, Run Pilots In Selangor

KUALA LUMPUR, Oct 17 (Bernama) -- Robotics and autonomous vehicle companies have signed four collaborations with the Selangor Information Technology & Digital Economy Corporation (Sidec) to set up and run pilot projects in Selangor.

Bursa Malaysia Expected To Maintain Cautious Bias Next Week On External Uncertainties

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia is expected to maintain a cautious bias next week as investors adopt a measured yet constructive stance while navigating domestic developments, amid lingering external uncertainties and uneven regional market sentiment.

Malaysia Banks On Policy Certainty, Economic Resilience To Attract Investment – Amir Hamzah

By Kenny Teng

BANGKOK, Oct 16 (Bernama) -- Malaysia is strengthening its business environment, policy certainty and economic resilience to attract long-term investment, with foreign and domestic direct investments reaching record highs, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Profit-Taking In Index Heavyweights Pulls Bursa Malaysia Lower

By Siti Noor Afera Abu & K. Naveen Prabu

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower on Friday as buying interest shifted from index heavyweights to smaller-cap technology and telecommunications stocks as well as real estate investment trusts (REITs). 

CILTM Sabah Hails Logistics Inclusion In Transport Masterplan

By Jailani Hasan

LABUAN, Oct 16 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah Section has welcomed Sabah Industrial Development, Entrepreneurship and Transport Ministry’s positive response to its proposal to explicitly include logistics in the planned Sabah Sustainable Transport Masterplan.