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KUALA LUMPUR: Bursa Malaysia dibuka rendah pagi Khamis, dipengaruhi aktiviti pengambilan untung sederhana di samping isyarat bercampur-campur daripada prestasi Wall Street semalaman.
WITH plantation companies like SD Guthrie Bhd (KL:SDG) and Kuala Lumpur Kepong Bhd (KL:KLK) venturing into industrial park development, a derivative question would be whether others will follow the land monetisation strategy to bolster profit and reward shareholders.
As the population h...
Johor is seeing a surge in serviced apartment launches as developers capitalise on proximity to rapid transit system (RTS) stations, says Olive Tree Property Consultants (Johor) Sdn Bhd CEO Samuel Tan, in presenting The Edge Malaysia | Olive Tree Property Consultants Johor Bahru Housing Property ...
KUALA LUMPUR: Bursa Malaysia opened lower but quickly reversed course to trade higher on Tuesday, lifted by relief over a 90-day tariff truce between the United States and China.
Johor approved 42 data centre construction projects in the second quarter of this year (2Q2025), positioning the state as a leader in the country’s digital investment and a strategic destination for high-tech, knowledge-based economic growth in the region, said Johor Housing and Local Government Committee chairman Datuk Mohd Jafni Md Shukor.
While Malaysia faces pressure from the new US tariffs, Johor Bahru’s property market still has a silver lining, thanks to catalyst projects and government initiatives such as the Johor Bahru-Singapore Rapid Transit System (RTS), Elevated Autonomous Rapid Transit (E-ART), Forest City Special Finan...
FROM snack food makers to semiconductor players, many companies incurred foreign exchange (forex) losses in the third quarter ended Sept 30, 2024.
The forex losses can be attributed to the sharp appreciation of the ringgit in the third quarter of this year. As the local currency climbed...
Keck Seng (M) Bhd (KL:KSENG) booked an unrealised foreign exchange (forex) loss of RM81.84 million in the third quarter ended Sept 30, 2024 (3QFY2024), which in turn dragged the group into the red.
The property sector has likely entered a new upcycle supported by the revised guidelines for the Malaysia My Second Home (MM2H) programme, which could boost demand for homes in the country.
Keck Seng (M) Bhd’s net profit more than doubled for the fourth quarter ended Dec 31, 2023 (4QFY2023) from the preceding quarter, despite lower revenue, due largely to a reversal of impairment loss recognised on an overseas hotel, lower cost of sales, and lower foreign currency translation losses.
KUALA LUMPUR: Bursa Malaysia ended the day in the red in line with the weak performance of its regional peers while the ringgit edged lower against the US dollar.