Latest
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Corporate News
Binastra 1Q revenue surges to RM606mil
Binastra Corp Bhd expects Malaysia's construction sector to remain resilient, supported by ongoing infrastructure investments, industrial expansion, and private sector development initiatives under programmes such as the New Industrial Master Plan 2030 and the National Energy Transition Roadmap.
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Corporate News
Thailand capacity expansion to buoy Top Glove
Top Glove Corp Bhd expects its running capacity to rise, driven by expansion in Thailand and continued automation efforts, as the Malaysian glovemaker works around labour constraints and volatile demand conditions.
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Corporate News
Higher jet fuel prices expected to pose a challenge for AAX in 2Q
AirAsia X Bhd (AAX) is expected to post a weak performance in the second quarter of financial year 2026 (2Q26).
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Commodities
Crude oil to find its level
Oil prices have tumbled drastically to dip below US$80 per barrel following the United States-Iran peace deal, but industry experts do not expect the global benchmark Brent crude to return to pre-conflict levels anytime soon.
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Banking
UOB targets affluent growth
United Overseas Bank (M) Bhd (UOB) intends to double its affluent customer base by 2028, elevating its wealth proposition to meet rising income levels, increasing financial sophistication, and evolving client expectations.
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Markets
Share buybacks not seen to offset foreign fund outflows
Share buybacks are unlikely to provide a meaningful buffer against foreign fund outflows from the local market, as the scale of such purchases remains too small relative to the amount of capital leaving the market.
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Corporate News
SRKK AI eyes opportunities from RM9bil Microsoft investment in M’sia
SRKK AI Bhd sees Microsoft Corp's landmark US$2.2bil (RM8.99bil) investment in Malaysia as a catalyst for the country's artificial intelligence (AI) ecosystem, creating new opportunities for the group to deepen its presence in AI-driven digital transformation and managed technology services.
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Economy
Crucial to be more prepared for disruption
Global trade is facing increasing uncertainty with the ongoing conflicts in West Asia continuing to disrupt global supply chains, and as a highly open trading nation, Malaysia is not immune to these developments.
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Corporate News
Azmil Khalid made MAHB chairman
Malaysia Airports Holdings Bhd (MAHB) has appointed Tan Sri Azmil Khalid as its non-independent non-executive chairman, effective June 18, 2026.
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Corporate News
MRCB’s AI-ready data centre brightens outlook
Malaysian Resources Corp Bhd's (MRCB) entry into the artificial intelligence (AI)-ready data centre (DC) space has drawn a positive response from analysts.
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Corporate News
WCT lands RM529mil Abu Dhabi project
WCT Holdings Bhd has secured a contract from United Arab Emirates (UAE)-based Construction General Contracting House Ltd (CGCH) to undertake a commercial and residential building project in Abu Dhabi worth RM528.99mil.
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Corporate News
KHPT wins Proton project
KHPT Holdings Bhd has secured a letter of acceptance (LoA) from Perusahaan Otomobil Nasional Sdn Bhd (Proton) for the supply of automotive structural components for a new Proton model.
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Corporate News
EI Power bags RM90mil data centre contract
EI Power Bhd's (EIP) wholly owned subsidiary, EI Power Technologies Sdn Bhd, has secured a RM90.1mil works subcontract agreement (WSA) for a data centre project in Johor.
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Corporate News
Coastal Contracts poised for earnings lift
Coastal Contracts Bhd is poised for strong medium-term earnings growth, driven by an expanding operations and maintenance (O&M) portfolio and a growing engineering, procurement, and construction (EPC) pipeline, says TA Research.
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Corporate News
RT Pastry’s IPO oversubscribed by 59.96 times
RT Pastry Holdings Bhd's initial public offering (IPO) shares made available to the Malaysian public have been oversubscribed by 59.96 times ahead of its scheduled listing on the ACE Market of Bursa Malaysia on June 29.
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Corporate News
AIZO gets RM346mil financing to fund LSSPV job
AIZO Group Bhd's subsidiary, Wawasan Demi Sdn Bhd, has executed Islamic facilities agreements with Bank Pembangunan Malaysia Bhd of up to RM346.19mil, to support the development of a large-scale solar photovoltaic or LSSPV plant in Kampar, Perak.
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Corporate News
Swift Energy secures RM44mil new purchase orders
Swift Energy Technology Bhd has secured new purchase orders worth RM44.18mil, lifting its total contracts secured year-to-date to RM148mil, as the company continues to expand its presence in both the offshore energy and data centre sectors.
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Corporate News
Lianson buys vessel from Singapore firm for RM61mil
Lianson Fleet Group Bhd (LFG) has entered into a memorandum of agreement with a Singapore-based party for the acquisition of a Supramax bulk carrier (MV Sea Affluence) for RM60.9mil.
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Markets
Wall St rises on chip boost, Iran optimism
US stock indices rallied on Thursday, with the Nasdaq's 1.9% advance boosted by gains in semiconductor shares, while inflation fears eased after the US and Iran signed a peace agreement, although investors still priced in interest rate hikes this year from the Federal Reserve.
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Business
Malaysia jumps eight spots to 15th in 2026 IMD world competitiveness ranking
KUALA LUMPUR: Malaysia has jumped eight spots in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking, rising to the 15th spot among 70 economies, marking its best ranking in recent years.
