Corporate News

Samsung launches group-wide transformation drive

Samsung Group is launching a sweeping artificial intelligence (AI) initiative across its affiliates, allowing employees to use external generative AI tools such as ChatGPT, Gemini and Claude as the conglomerate seeks to overhaul the way it operates.

Technology

Thailand ranks second in world AI adoption growth, says Microsoft

Thailand has become the country with the world's second-fastest growth in workplace adoption of artificial intelligence (AI), behind only South Korea, Microsoft says., Thailand has become the country with the world's second-fastest growth in workplace adoption of artificial intelligence (AI), behind only South Korea, Microsoft says.

Corporate News

Duopharma RM155mil govt contract expected to sustain earnings 

Duopharma Biotech Bhd is in good position to sustain its insulin-related earnings contribution over the next few years following its latest contract win from the Health Ministry (MoH).

Corporate News

REIT industry poised for sustained growth

The outlook for Malaysia's real estate investment trust (REIT) sector remains favourable, supported by stable property income, visible acquisition pipelines and resilient distribution visibility, according to BIMB Research.

Corporate News

MISC to capitalise on demand

Malaysia International Shipping Corp Bhd's (MISC) contract with Northern Lights JV DA (NLJV) for a newbuild liquid carbon dioxide carrier (LCO2C)is likely to bode well for the group.

Banking

Banks poised for steady growth in 2Q26

Malaysian banks are entering the second quarter of calendar year 2026 (2Q26) with improved earnings resilience, driven by incremental upside in net interest margins (NIMs), while non-interest income (NOII) could stage a sequential recovery amid stabilising market conditions and continued growth in recurring fee-based income.

Economy

Iran war puts wage gains at small Japan firms at risk

Japan's small firms, which employ the bulk of the nation's company employees, may have trouble sustaining wage growth as the Middle East conflict drives up input costs and squeezes profit margins, putting a key pillar of growth at risk.

Cryptocurrency

Bitcoin bear market fears deepen again 

Bitcoin's slide below US$60,000 last Friday has capped its worst week since the collapse of Sam Bankman-Fried's FTX exchange in 2022.

Economy

Ringgit’s RM306bil hidden tailwind?

Malaysia is sitting on a record RM305.8bil pile of foreign currency deposits, raising the prospect of a sizeable future boost for the ringgit if more of these holdings are converted back into the local currency.

Markets

MY Value Up to unlock value of listed companies

The recently launched MY Value Up programme by Bursa Malaysia and the Securities Commission (SC) has received positive reactions from industry players.

Corporate News

SimeProp on firm growth trajectory

Sime Darby Property Bhd (SimeProp) is well-positioned for long-term growth, underpinned by its RM1.25bil New Economy Venture (NEV) fund, which is expected to accelerate the group's expansion into data centres, industrial and logistics assets while preserving balance sheet strength

Commodities

Gold slumps below US$4,200 as US-Iran clashes renew

Gold extended a decline after the United States launched strikes against Iran in retaliation for the downing of a military helicopter, jeopardising efforts to end the war that's roiled global markets and raised inflation risks.

Markets

Global firms rebuff private credit fears at Bloomberg HK Invest

Global investors struck a bullish tone on the private credit market at Bloomberg's Invest Hong Kong event yesterday, shrugging off fears that have swirled around the sector since last year.

Telcos

Telcos earnings intact amid mobile, broadband rivalry

The first quarter of financial year 2026 (1Q26) earnings for the Malaysian telecommunications (telco) sector has come largely within expectations, with the sector performance remaining resilient.

Commodities

Boost in CPO production a boon for plantation sector

The plantation sector's earnings is expected to improve progressively from the second quarter of financial year 2026 (2Q26) onwards, with production recovery already visible, as Malaysia's crude palm oil (CPO) production rises by 18.4% month-on-month in April, signalling a start of the higher-crop cycle.

Economy

M’sia risks missing deficit goals on subsidy pressures

Malaysia will likely not meet its fiscal deficit targets for 2026 as the Iran war drives up the cost of fuel subsidies, Second Finance Minister Datuk Seri Amir Hamzah Azizan says, adding that longer-term goals remain intact.

Insight

Best ambassadors of palm oil came without hair

For years, many of us in the palm oil industry have been saying the same thing, sometimes politely, sometimes loudly, and sometimes with the tired patience of a planter waiting for rain, ripe bunches and a cooperative labour supply: Malaysia must tell the palm oil story better.

Corporate News

ESG summit on creating circular urban systems to achieve low carbon economy 

From trade compliance to board governance, organisations have significant opportunities to build and develop their competitive advantage in the low-carbon economy.

Corporate News

Amway Malaysia appoints Leng Kek Mun as MD

Amway (Malaysia) Holdings Bhd has appointed Leng Kek Mun as its managing director.

Corporate News

OGX unit wins RM97mil data centre contract

OGX Group Bhd's wholly-owned subsidiary, OGX Networks Sdn Bhd (OGXN), has secured a RM96.64mil contract to supply fibre optic cables, patch panels and related materials for data centre (DC) applications.