Bursa Malaysia Turns Lower At Mid-Morning

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia’s key index turned red at mid-morning, weighed down by healthcare and utilities sectors.

Bursa Malaysia Opens Higher On Resilient Domestic Demand

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia opened higher on Monday, supported by resilient domestic demand, although trading is expected to remain cautious as the ongoing earnings season keeps investors selective, an analyst said.

Ringgit Opens Higher Against US Dollar, Other Major Currencies

KUALA LUMPUR, Aug 24 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday, supported by Malaysia’s strong economic data, an analyst said.

ESG Reporting Opens New Opportunities For Malaysia’s IPO Market

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 23 (Bernama) -- Malaysia’s initial public offering (IPO) market is entering a new phase to strengthen environmental, social and governance (ESG) disclosures as companies are required to provide more detailed information on their sustainability performance.

OSK Property Partners RHB Bank To Extend RHB Home And Renovation Loan

KUALA LUMPUR, Aug 22 (Bernama) – OSK Property Holdings Bhd has partnered with RHB Bank Bhd to extend the RHB Home and Renovation Loan to eligible purchasers of selected under-construction landed properties developed by OSK Property.

Maybank Marathon's Sustainability Push Goes Beyond Race Course

By Nik Nurfaqih Nik Will

BALI, Aug 22 (Bernama) -- Sustainability will remain a key foundation guiding the development of the Maybank Marathon as the banking group steps up efforts to create positive and lasting social and environmental impact across ASEAN.

Timber Industry Needs To Shift To Higher-Value Product -- Noraini

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia’s timber industry needs to shift from volume-based production to producing high-value products to increase competitiveness and build a Malaysian brand with its own identity, said Plantations and Commodities Minister Datuk Seri Dr Noraini Ahmad.

Bursa Malaysia Likely To Trade With An Upside Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, with the benchmark index seen within the 1,725-1,750 range next week, an analyst said.

Ringgit Poised To See Profit-taking After This Week's Strong Rally

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit is expected to experience profit-taking next week following its strong rally over the last six trading days.

KLCI Futures Seen Trading With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with an upward bias next week in line with the cash market, an analyst said.

TH's RM11.5 Bln Sukuk Not A New Bailout - Nungsari

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 22 (Bernama) -- The RM11.5 billion sukuk issued by Urusharta Jamaah Sdn Bhd (UJSB) is a rollover of the maturing sukuk arising from the original Tabung Haji (TH) bailout, rather than a new one, said economist Dr Nungsari Ahmad Radhi.

MATRADE's Cambodia Export Mission Surpasses Target To Record RM186 Mln In Sales

KUALA LUMPUR, Aug 21 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has recorded RM186 million in sales for its Export Acceleration Mission (EAM) to Cambodia, surpassing the initial target of RM100 million.