3d ago
KUALA LUMPUR, Nov 6 (Bernama) -- Nestcon Bhd’s wholly owned subsidiary Nestcon Builders Sdn Bhd (NBSB) today accepted the letter of award (LOA) from BU Developments Sdn Bhd for the construction of one block of 36-storey serviced apartments in Bandar Baru Ulu Kelang, Gombak, Selangor, worth RM161 million.
3d ago
KUALA LUMPUR, Nov 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower on Friday, in line with the negative cash market performance.
3d 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.
3d ago
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has taken enforcement action against Najmuldin Exchanger and Nusantara Global Network over suspected contraventions of the Financial Services Act 2013 (FSA).
3d ago
KUALA LUMPUR, Nov 6 (Bernama) -- TRC Synergy Bhd’s wholly owned subsidiary TRC Construction Sdn Bhd (TRC) and its joint venture (JV) comprising China Communications Construction Company Ltd (CCCC) and Ufuk Semarak Sdn Bhd (UFUK) (CCCC-TRC-UFUK JV) secures RM2.69 billion Penang Light Rail Transit (LRT) project works contract worth RM2.69 billion.
3d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 6 (Bernama) -- The Kuala Lumpur rubber market ended lower on Friday, tracking losses in regional rubber futures markets amid expectations of increased rubber production in Thailand, a dealer said.
3d ago
KUALA LUMPUR, Nov 6 (Bernama) -- Only 13 per cent of internal combustion engine (ICE) vehicles have flood insurance coverage compared with 50 per cent of electric vehicles (EVs), according to Insurance Services Malaysia (ISM) data from 2022 to the second quarter of 2026.
3d ago
KUALA LUMPUR, Nov 6 (Bernama) -- Seremban Engineering Bhd’s wholly owned subsidiary, MIE Material Resources Sdn Bhd (MMR), has secured a cross-border supply chain services contract worth RM18.21 million from EPG Engineering System Sdn Bhd (EPGES).
3d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended the week lower amid broad-based selling, tracking weaker regional markets as global equities came under renewed pressure following Wall Street’s sharp decline overnight.
3d ago
KUALA LUMPUR, Nov 6 (Bernama) -- A total of 12 insurance policies involving Malaysians affected by the floods and landslides in Nepal have been fully settled by insurance companies, according to the General Insurance Association of Malaysia (PIAM).
3d 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.
3d ago
By M. Saraswathi and Karina Imran
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent reflects its assessment that the rate remains consistent with price stability outlook and sustainable economic growth, said Governor Datuk Seri Abdul Rasheed Ghaffour.