4d ago
KUALA LUMPUR, Nov 6 (Bernama) -- APB Resources Bhd has proposed to dispose of Menara APB, a 16-storey office building in Shah Alam, Selangor to Darul Ehsan Investment Group Bhd (DEIGB) for RM45 million cash.
4d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar on Friday, weighed down by a broad risk-off sentiment across global markets amid renewed selling pressure in the semiconductor sector.
4d ago
By M. Saraswathi and Karina Imran
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has put in place regulatory requirements for financial institutions to maintain adequate cybersecurity safeguards, continuously strengthening their defences, said Governor Datuk Seri Abdul Rasheed Ghaffour.
5d ago
KUALA LUMPUR, Nov 6 (Bernama) -- Public Bank Bhd posted a lower net profit of RM1.77 billion in the third quarter (3Q) ended Sept 30, down from RM1.84 billion, while revenue rose to RM7.74 billion from RM7.41 billion previously.
5d ago
By Jailani Hasan
LABUAN, Nov 6 (Bernama) -- Labuan's leading tuna industry player, Vivendi Asset Group, is expanding its regional footprint through a major investment in Brunei, where its seafood processing venture is set to become the sultanate's largest.
5d ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia continued its downtrend at midday on Friday, tracking losses among most regional peers as selling in heavyweight counters weighed on the market amid weak sentiment following Wall Street’s overnight rout.
5d ago
KUALA LUMPUR, Nov 6 (Bernama) -- United States (US) Secretary of State Marco Rubio and Prime Minister Datuk Seri Anwar Ibrahim have discussed ways to expand economic cooperation under the upgraded Malaysia-US Comprehensive Strategic Partnership (CSP).
5d ago
KUALA LUMPUR, Nov 6 (Bernama) -- Biotech company, MRM Health has formed a strategic partnership with French pharmaceutical company, Biocodex, which will invest 15 million euros in a manufacturing facility for microbiome-based medicines. (1 Euro = RM4.54)
5d ago
By K. Naveen Prabu
KUALA LUMPUR, Nov 6 (Bernama) -- Xiaomi is expanding beyond the smartphone market as it strengthens its position as a global technology company, with Malaysia playing an important role in its regional growth strategy.
5d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia opened broadly lower on Friday, with selling pressure dominating trading following Wall Street’s sharp overnight losses amid renewed concerns over artificial intelligence (AI)-related stocks.
5d ago
By Hasnah Jusid
JOHOR BAHRU, Nov 6 (Bernama) – The Johor Economic, Tourism and Cultural Office (JETCO) has established a strategic network of at least 200 stakeholders in Singapore as part of efforts to strengthen investment, trade and business ties between Johor and the republic.
5d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 6 (Bernama) -- A potential 25-basis-point hike in the Overnight Policy Rate (OPR) to 3.0 per cent is expected in the first quarter of 2027 (1Q 2027) amid resilient economic growth and Bank Negara Malaysia’s (BNM) hawkish tone on inflation, said market observers.