Bursa Malaysia Stays Higher At Midday On Buying Of Blue Chips

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia stayed higher at the midday break on buying of selected heavyweight counters, led by telecommunications, consumer products and utilities stocks.

AM Best Sees Steady Prospects For China’s Non-Life Insurance

KUALA LUMPUR, Sept 7 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook on China’s non-life insurance segment, citing improved regulatory oversight, new growth opportunities and ongoing digitalisation and innovation.

Globaltec Formation's Tanjung Enim PSC Approved As Indonesia's National Strategic Project

KUALA LUMPUR, Sept 7 (Bernama) -- Globaltec Formation Bhd’s (GFB) 70 per cent subsidiary clean energy company NuEnergy Gas Ltd has announced that the Indonesian government has approved the development of NuEnergy’s Tanjung Enim production sharing contract (PSC) as one of Indonesia’s national strategic projects.

August Foreign Inflows Into Malaysian Govt Bonds Hit RM11.1 Bln -- Kenanga IB

KUALA LUMPUR, Sept 7 (Bernama) -- Foreign inflows into Malaysian government bonds totalled RM11.1 billion in August, according to Kenanga Investment Bank Bhd (Kenanga IB).

Selangor’s SDEC Rebranded AiSEM@Selangor, Sharpens Focus On AI, Semiconductors

KUALA LUMPUR, Sept 7 (Bernama) -- Selangor's flagship technology convention, formerly known as the Selangor Smart City & Digital Economy Convention (SDEC), has been rebranded as AiSEM@Selangor, the AI & Semiconductor Summit, reflecting the state's stronger focus on artificial intelligence (AI) and semiconductors.

Analysts Lift Gamuda Earnings Forecasts On Stronger Job Wins

KUALA LUMPUR, Sept 7 (Bernama) -- Public Investment Bank Bhd (PIVB) has raised Gamuda Bhd’s financial year 2026 (FY2026) order book replenishment assumption to RM30 billion and lifted their FYs 2027-2028 earnings forecasts by an average of 5.3 per cent.

Local Institutions Extend Buying Streak To Six Weeks With RM120.3 Mln Inflow - MBSB IB

KUALA LUMPUR, Sept 7 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to six consecutive weeks, recording net inflows of RM120.3 million last week, according to MBSB Investment Bank Bhd (MBSB IB).

Ringgit Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Sept 7 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, buoyed by expectations of a potential United States (US) interest rate hike following stronger-than-expected US non-farm payrolls (NFP) data.

Getting Nuclear Power Into Energy Mix Inevitable, Malaysia Lays The Groundwork

By Arul Rajoo Durar Raj and Nor Baizura Basri

KUALA LUMPUR, Sept 6 (Bernama) -- Malaysia has been actively laying the groundwork to pave the way for a possible nuclear application in the country's energy mix, although it may not materialise in the foreseeable future.

Smart Energy, Talent Critical To Sustain Penang’s Semiconductor Growth - ABB

By Farhana Poniman

GEORGE TOWN, 6 Sept (Bernama) -- Reliable and sustainable power infrastructure, smart energy management and a skilled talent pool are critical to sustaining the growth of Penang’s semiconductor and electrical and electronics (E&E) sector amid the global artificial intelligence (AI) boom, ABB said.

BYD To Unveil Malaysia EV Development Plan Within A Week

From Samantha Tan Chiew Tieng

SHENZHEN, Sept 5 (Bernama) -- Chinese electric vehicle (EV) giant BYD Co Ltd is expected to announce within a week its next move for further expansion in Malaysia, amid questions over whether the automaker will collaborate with a local partner or establish its own manufacturing facility.

Malaysia’s Strong Fundamentals Support Capital Market Opportunities

KUALA LUMPUR, Sept 5 (Bernama) -- Malaysia’s strong economic fundamentals will continue to support investment opportunities across its capital markets, Treasury secretary-general Tan Sri Johan Mahmood Merican said.