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Bursa Malaysia to stage mild recovery

KUALA LUMPUR: Bursa Malaysia is likely to stage a mild recovery next week with the key index inching towards the 1,772-level on bargain hunting, said an analyst. The Malaysian Association of Technical...

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New CEO can lead Proton’s global foray – Mustapa

KOTA BHARU: Newly-appointed Perusahaan Otomobil Nasional Sdn Bhd (PONSB) chief executive officer Dr Li Chunrong could help spur the national automaker’s global forays, International Trade and Industry...

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Oil prices fall for second day on oversupply concerns

TOKYO: Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as quickly as some had...

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Iskandar Malaysia to take on millennial-driven economy

File pic credit Facebook Datuk Seri Hj. Mohamed Khaled Nordin. ISKANDAR PUTERI: Iskandar Malaysia must be ready to facilitate new transformation, which means taking into account the new economy driven...

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E-commerce boom will put Malaysia on global logistic map

File pic credit RGB Stock. KUALA LUMPUR: Evolvement of the e-commerce sector will put Malaysia on track as a leading Asean logistic hub, hence putting it on the global logistic map, said Transport...

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FBM KLCI to trade higher

KUALA LUMPUR: The FBM KLCI is likely to trade higher next week as the momentum builds up in the run-up to Budget 2018 presentation on Oct 27. Affin Hwang Investment Bank Vice-President and Head of...

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Ringgit to trade around current level next week

KUALA LUMPUR: The ringgit is likely to trade around current level next week amid mixed market sentiment, mostly influenced by external development, dealers said. The local note, which recently rose...

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Bursa Malaysia expected to trend lower

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to trend lower next week and in cautious mode, with the benchmark index moving between 1,740 and 1,750, as concerns over a US possible...

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2018 Budget to fuel ringgit trading

KUALA LUMPUR: The anticipation of a positive 2018 Budget, which will be tabled in Parliament on Oct 27, is likely to support the demand for the ringgit next week, dealers said. They, however, said the...

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Bursa Malaysia expected to recover next week on bargain hunting

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to rebound next week on bargain hunting due to strong external factors coupled with positive sentiment ahead of Budget 2018. Affin Hwang...

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Asia has more billionaires than the US

File pic credit www.rgbstock.com. WASHINGTON: Asian billionaires outnumbered their US counterparts for the first time in 2016, and the total wealth of Asian billionaires will likely to overtake that of...

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Malaysia posts net FDI inflow of RM47.2 billion for 2016

File pic Wikipedia. KUALA LUMPUR: Malaysia posted a net foreign direct investment (FDI) inflow of RM47.2 billion in 2016 against RM39.4 billion in 2015, coming mostly from Asia, said the Department of...

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Malaysia rises above expectations to record robust growth in first half of 2017

KUALA LUMPUR: Malaysia leveraged on its strong economic fundamentals in rising above expectations to record robust growth in the first six months of 2017. The Economic Report 2017/18 released by the...

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Bursa Malaysia likely to rebound next week

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to rebound next week with the benchmark index moving between 1,750 and 1,760 points aided by the positive sentiment brought by the 2018...

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Ringgit likely to trade marginally lower against US dollar

KUALA LUMPUR: The ringgit is likely to trade marginally lower next week as the US dollar is anticipated to strengthen further in the light of a better Gross Domestic Product (GDP) growth in the third...

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Sovereign ratings remain intact with robust GDP forecast – RAM Ratings

KUALA LUMPUR: Budget 2018 supports growth while still focusing on fiscal consolidation with the country’s respective global- and ASEAN-scale gA2 and seaAAA sovereign ratings remain intact, underscored...

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Proton-Geely tie-up to benefit 230 vendors

File pic credit Proton. KUALA LUMPUR: More than 230 vendors will benefit from Proton Holdings Bhd’s (Proton) tie-up with China’s Zhejiang Geely Holding Group (Geely), the Dewan Rakyat was told today....

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MaxTerminal bringing Malaysia one step closer toward cashless society

MO pic by Azrol Ali. KUALA LUMPUR: Malaysians who travel overseas will now be able to remit money abroad using only their debit cards at selected retail outlets. Max Money, the first money service...

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Bursa Malaysia may take a breather next week

KUALA LUMPUR: Bursa Malaysia is still within the uptrend channel but after the steep rally over the past few trading days, stocks on the local front may take a breather next week, said Hong Leong...

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Eventful 2017 for the Malaysian corporate scene

File pic credit Wikipedia. KUALA LUMPUR: It has been an eventful year for corporate development in 2017 with major movers and shakers in the motor vehicle, energy, plantation, aviation and banking...

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