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Economy

Matrade: Malaysia’s trade breaks RM3 trillion mark despite challenging global conditions

KUALA LUMPUR: Malaysia's total trade in 2025 reached its highest value on record, surpassing the RM3 trillion mark at RM3.06 trillion, a 6.3 per cent year-on-year increase, with exports exceeding imports to generate a RM151.80 billion trade surplus.

Corporate News

Swift Energy Tech subsidiary bags contracts worth RM18mil

PETALING JAYA: Swift Energy Technology Bhd has secured multiple purchase orders with a combined value of about RM18mil, strengthening its order book and earnings visibility for the financial year ending Sept 30, 2026.

Corporate News

Reneuco redesignates Mustakim Mat Nun to group MD

PETALING JAYA: Reneuco Bhd has redesignated its executive chairman, Datuk Mustakim Mat Nun, to group managing director.

Markets

ISF Group IPO oversubscribed by over 31 times

PETALING JAYA: ISF Group Bhd's initial public offering (IPO) on the ACE Market of Bursa Malaysia drew strong investor demand, with the public portion oversubscribed by more than 31 times.

Corporate News

Dayang subsidiary to purchase marine vessel for RM117.7mil

KUALA LUMPUR: Dayang Enterprise Holdings Bhd's wholly owned subsidiary, DESB Marine Services Sdn Bhd (DMSSB) has inked a sale and purchase agreement with Shin Yang Shipyard Sdn Bhd (SYSSB) involving the construction and purchase of a marine vessel for RM117.7 million.

Forex

Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension

KUALA LUMPUR: The ringgit eased slightly against the US dollar at the close on Tuesday, as the market sentiment turned cautious amid rising tariff tension between the United States and the European Union.

Banking

Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030

KUALA LUMPUR: Malayan Banking Bhd (Maybank) is targeting to deliver a stronger return on equity (ROE) of 13-14 per cent by 2030, the highest among Malaysian banks, through its newly launched ROAR30 five-year strategy plan.

Corporate News

Mitrajaya accepts RM42.81mil fourth variation order for data centre project

KUALA LUMPUR: Mitrajaya Holdings Bhd's wholly-owned subsidiary, Pembinaan Mitrajaya Sdn Bhd, has accepted a fourth variation order worth RM42.81mil for data centre main works in Kuala Lumpur.

Corporate News

PJBumi acquires drilling rigs for RM162mil

PETALING JAYA: PJBumi Bhd has acquired five sets of drilling rigs from China-based Gaoyou Hao Xiang Petroleum Machinery Co Ltd, totalling RM161.64mil.

Markets

Manforce secures Bursa approval for ACE Market IPO

KUALA LUMPUR: Manforce Group Bhd has received approval from Bursa Malaysia Securities Bhd to list on the ACE Market of Bursa Malaysia, marking its transition from the LEAP Market.

Corporate News

Ancom Nylex reports higher 2Q net profit

PETALING JAYA: Ancom Nylex Bhd's net profit for its second quarter ended Nov 30, 2025, rose to RM18.03mil from RM15.16mil in the previous corresponding period, while revenue dipped to RM428.82mil from RM450.71mil previously.

Markets

One Gasmaster IPO oversubscribed 25.24 times ahead of ACE Market debut

KUALA LUMPUR: One Gasmaster Holdings Bhd's initial public offering (IPO) has been oversubscribed by 25.24 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities Berhad.

Markets

Broad-based selling drags FBM KLCI below 1,700 for third straight day

KUALA LUMPUR: Bursa Malaysia retreated for a third straight session on Tuesday, with the benchmark index closing below the 1,700 level as broad-based selling weighed on the market.

Forex

Dollar extends losses as geopolitics revive 'Sell America' trade

SINGAPORE: The dollar retreated for a second day in Asian trading on Tuesday after threats from the White House towards the European Union over the future of Greenland triggered a broad selloff across U.S. stocks and government bonds.

Energy

Oil prices waver while investors eye Greenland developments

SINGAPORE: Oil lacked clear direction on Tuesday as markets monitored President Donald Trump's threats of higher U.S. tariffs on European nations over his desire to buy Greenland, while a weaker dollar and better than expected economic data from the world's top oil importer China provided a floor to prices.

Commodities

Gold scales new high past US$4,700/oz as Trump threats fuel safe-haven demand

GOLD jumped past $4,700 per ounce for the first time on Tuesday, while silver traded near a record high, as U.S. President Donald Trump's threats to slap extra tariffs on European allies soured global sentiment and sparked a rush into safe-haven assets.

Corporate News

EcoFirst appoints two new independent non-executive directors

KUALA LUMPUR: EcoFirst Consolidated Bhd has appointed Yip Kit Weng and Lee King Loon as independent non-executive directors, effective Jan 19, 2026.

Banking

Indonesia to ensure c.bank independence, rupiah to rebound, finance minister says

JAKARTA: Indonesia's finance minister said on Tuesday that the government would ensure the central bank's independence and not use its funds to pay for its policy programmes, noting that the rupiah was likely to rebound with economic fundamentals still strong.

Economy

Standard Chartered sees Malaysia’s 2026 GDP growth at 4.5%

KUALA LUMPUR: Standard Chartered Global Research expects Malaysia's economy to stay resilient in 2026, with gross domestic product (GDP) growth of 4.5% at the upper end of the government's target range, supported by steady domestic demand, contained inflation and sustained investment momentum.

Business

Asian bonds draw strong foreign inflows in December

ASIAN bonds saw robust inflows in December, driven by an improving growth outlook in the region and diversification by foreign investors away from richly valued equities.