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PUTRAJAYA, July 27 (Bernama) -- The Economy Ministry has projected 2027’s development expenditure at about RM58 billion, with 70 per cent of the total allocation earmarked for basic development. The proposal is yet to be submitted to the Finance Ministry (MOF).
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KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia rebounded to open higher on Monday as easing tensions in West Asia lifted market sentiment after the United States paused airstrikes over the weekend.
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KUALA LUMPUR, July 27 (Bernama) -- Local retailers returned to net buying on Bursa Malaysia last week after a week of selling, recording net inflows of RM223.1 million, MBSB Investment Bank Bhd (MBSB IB) said.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade lower next week, with crude oil prices to be the key driver amid tensions in West Asia.
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KUALA LUMPUR, July 24 (Bernama) -- Lagenda Properties Bhd's (Lagenda) wholly owned subsidiary, Lagenda Capital Bhd has today made a lodgement with the Securities Commission Malaysia (SC) for the establishment of an Islamic medium term notes (sukuk wakalah) programme of RM1.5 billion on the shariah principle of wakalah bi al-istithmar (sukuk wakalah programme).
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By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia closed lower across the board on Friday, as investors assessed the impact of the United States’ latest tariffs on imports from 60 economies.
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KUALA LUMPUR, July 24 (Bernama) -- CIMB Group Holdings Bhd said Malaysia's US$1.5 billion Global Sukuk issuance drew strong demand from high-quality global institutional investors and achieved a record-tight spread for a sovereign US dollar Islamic bond, setting a new benchmark in the international sukuk market.
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KUALA LUMPUR, July 24 (Bernama) -- Strong domestic fundamentals have limited increases in Malaysian Government Securities (MGS) and Government Investment Issues (GII) yields, even as global yields rise due to ongoing tensions between the United States and Iran and persistent concerns regarding the Strait of Hormuz.
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KUALA LUMPUR, July 24 (Bernama) -- Maritime company MISC Bhd is projected to deliver a three-year earnings compound annual growth rate (CAGR) of 12 per cent, driven by 19 asset additions and stronger contributions from fully owned liquefied natural gas (LNG) carriers, according to AmInvestment Bank Research.
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KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia traded lower at midday in subdued market sentiment, as investors were cautious due to escalating West Asia tensions ahead of the weekend.
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KUALA LUMPUR, July 23 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has initiated coverage on Gas Malaysia Bhd (GMB) with a 'buy' recommendation and a target price (TP) of RM6.50 on expectations of higher gas prices and growth prospects from its planned Regasification Terminal 4 (RGT4) project.