Latest
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Corporate News
As S. Koreans eat less rice, CJ looks overseas to grow Hetbahn
JINCHEON: For three decades, CJ CheilJedang has honed a seemingly simple recipe for instant rice under its Hetbahn brand, which more often than not stands in for microwavable rice itself in South Korea.
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Markets
‘Manageable’ bond outflows
JAKARTA: MSCI's warning about Indonesia's stock market has sparked immediate capital outflows from the bond market as well but has had only a limited impact on the rupiah exchange rate, according to the central bank.
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Economy
How Donald Trump’s energy dominance turned into hubris
WHEN Donald Trump returned to the White House in 2025, "energy dominance" was the bedrock of his economic and foreign policy plans.
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Economy
AI and wage power
THE debate over wage regulation through the setting of the minimum wage floor centres on balancing workers' living standards with business competitiveness.
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Corporate News
Mike Ashley’s Frasers says it’s taken control of Hugo Boss brand
LONDON: Frasers Group Plc says it's taken control of Hugo Boss AG, pushing its stake above 50% and turning the German apparel brand into a subsidiary of UK billionaire Mike Ashley's retail empire.
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Forex
Ringgit ends lower against US$, higher against most currencies
KUALA LUMPUR: The ringgit closed lower against the US dollar but strengthened against most major and ASEAN currencies on Monday as investors remained cautious ahead of the US Federal Reserve's (Fed) policy meeting, an analyst said.
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Corporate News
Citaglobal to divest entire 20% stake in Manjaran to BProperty for RM50mil in shares
KUALA LUMPUR: Citaglobal Bhd has entered into a conditional agreement to sell its entire 20 per cent stake in Manjaran Sdn Bhd to Berjaya Property Bhd (BProperty) for RM50 million, which will be fully paid in BProperty shares.
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Corporate News
West River unit accepts M&E contracts worth a combined RM17.95mil
KUALA LUMPUR: West River Bhd's wholly-owned subsidiary West River Engineering Sdn Bhd (WRE) has secured two residential mechanical and electrical (M&E) engineering contracts with a combined value of RM17.95mil.
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Corporate News
Aneka Jaringan unit undertakes Rio City Town Centre job for RM53.35mil
KUALA LUMPUR: Aneka Jaringan Holdings Bhd said its wholly-owned subsidiary, Aneka Jaringan Sdn Bhd (AJSB)has accepted a RM53.35mil contract from EDP Consulting Group Sdn Bhd on behalf of IOI Rio Mall Sdn Bhd, IOI Hospitality Sdn Bhd and IOI Rio Towers Sdn Bhd to undertake the construction of bored piles works for the proposed Rio City Town Centre development in Selangor.
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Corporate News
KKB Engineering winds RM49.78mil arbitration against Shapadu Energy Services
KUALA LUMPUR: KKB Engineering Bhd's subsidiary, OceanMight Sdn Bhd (OMSB), has obtained final arbitral awards totalling RM49.78 million from the Arbitral Tribunal against Shapadu Energy Services Sdn Bhd (SES).
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Corporate News
Matang CFO suspended from duties to facilitate internal investigation
KUALA LUMPUR: Matang Bhd has suspended its chief financial officer (CFO) and acting chief operating officer (COO), Tan Theng Hwee, from her duties with immediate effect to facilitate an internal investigation.
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Corporate News
Unitrade subsidiary to manufacture Molok waste collection container
KUALA LUMPUR: Unitrade Industries Bhd said its 60%-owned subsidiary Winnson Ecotech Sdn Bhd has entered into a technology transfer and licensed manufacturing agreement with Molok Oy, a waste collection solutions specialist in Finland.
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Markets
Bursa Malaysia ends lower on selling utilities, banking heavyweights
KUALA LUMPUR: Bursa Malaysia closed lower on Monday, weighed down by selling pressure in selected heavyweights, mainly utilities and banking stocks, alongside weaker performances across regional markets.
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Corporate News
SSF Home unit to acquire land for warehouse expansion for RM42.47mil
KUALA LUMPUR: SSF Home Group Bhd said its wholly-owned subsidiary SSF Sdn Bhd has inked a conditional sales and purchase agreement to acquire three parcels of leasehold land measuring 52,611.13sqm in Pulau Indah, Klang, for RM42.47mil to expand is warehousing and logistics capabilities.
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Corporate News
Pansar subsidiary accepts RM170.86mil job for Samalaju water infrastructure upgrade project
KUALA LUMPUR: Pansar Bhd via its wholly-owned subsidiary Perbena Emas Sdn Bhd (PESB) has accepted a contract from KKB Engineering Bhd for the execution of civil and structural subcontract works for the second phase of the water infrastructure upgrade project in Samalaju under the Sarawak Corridor of Renewable Energy (SCORE) for RM170.86mil.
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Corporate News
Econpile unit secures RM24.4mil project in KL
KUALA LUMPUR: Econpile Holdings Bhd said its wholly-owned subsidiary Econpile (M) Sdn Bhd has secured a contract from REIN Architects Sdn Bhd on behalf of Beverly 37 Sdn Bhd for site clearance, retaining wall and piling works for RM24.4mil.
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Corporate News
GDB unit bags RM1.02bil construction job in Desa ParkCity
KUALA LUMUR: GDB Holdings Bhd's wholly-owned unit Grand Dynamic Builders Sdn Bhd has secured a RM1.02bil contract from Perdana ParkCity Sdn Bhd to build a luxury development called ParkCity Residences in Desa ParkCity.
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Economy
Nuclear power offers energy security options amid global crisis - IEA
SINGAPORE: Nuclear energy can offer countries an option to strengthen long-term energy security amid global supply disruptions, said International Energy Agency (IEA) executive director Dr Fatih Birol.
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Markets
Indonesia extends share buyback policy until June 2027 amid market volatility
JAKARTA: Indonesia's Financial Services Authority (OJK) has extended a policy allowing listed companies to buy back their own shares without shareholder approval until June 2027, amid efforts to strengthen market stability following a sharp stock market sell-off.
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Economy
Vietnam-Malaysia-Singapore RE project secures Singapore's conditional approval
KUALA LUMPUR: The Vietnam-Malaysia-Singapore (VMS) renewable electricity initiative has reached an important milestone, with Singapore's Energy Market Authority (EMA) granting conditional approval to Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries, the designated importer for the proposed project, said a joint statement.
