Latest

1d ago

Corporate News
Maxis wins roaming, network services contract from Telekom Malaysia unit

KUALA LUMPUR: Maxis Bhd has secured an award from TM Technology Services Sdn Bhd to continue providing 2G and 4G domestic roaming (DR) services and 4G multi-operator core network (MOCN) services.
1d ago

Forex
Ringgit ends mostly firmer against major, regional currencies ahead of MPC meeting

KUALA LUMPUR: The ringgit ended firmly against most major currencies and regional peers ahead of Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) meeting as its decision is expected to play a critical role in setting the market tone going forward.
1d ago

Corporate News
Sealink secures US$17.28mil settlement for Brazil vessel fire

KUALA LUMPUR: Sealink International Bhd has secured a total settlement sum of US$17.28mil following a fire incident involving one of its vessels in Brazil.
1d ago

Banking
CIMB Group announces sale of CIMB Thai’s automotive financing portfolio to Krungsri

PETALING JAYA: CIMB Group Holdings Bhd has announced the sale of CIMB Thai Bank Public Co Ltd's (CIMB Thai) automotive financing portfolio to Bank of Ayudhya Public Co Ltd and its subsidiary (Krungsri) at a modest premium to adjusted net book value.
1d ago

Corporate News
Suria Capital consortium accepts nod for 100MW Sabah gas peaking plant

KUALA LUMPUR: Suria Capital Holdings Bhd's wholly owned subsidiary, SCHB Engineering Services Sdn Bhd, and its consortium partner, NRG Consortium (Sabah) Sdn Bhd, have accepted a letter of notification from the Energy Commission of Sabah for the proposed development of a 100 megawatt (MW) gas peaking plant in Kimanis, Sabah.
1d ago

Corporate News
MPI’s 3Q profit slips, declares higher 30 sen dividend

KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI) expects to benefit from ongoing global semiconductor growth.
1d ago

Corporate News
Magni-Tech acquires Penang land for RM133mil

PETALING JAYA: Magni-Tech Industries Bhd is proposing to acquire a piece of freehold land in Bandar Tanjong Bungah, Penang from Neoh Choo Ee & Co Sdn Bhd for RM133.33mil.
1d ago

Markets
FBM KLCI extends gains amid thin regional trade ahead of OPR decision

KUALA LUMPUR: The FBM KLCI extended its uptrend for a third straight session amid thin regional trading, as several key Asian markets were closed for holidays.
1d ago

Corporate News
RSSB proposes RM46.3mil acquisition of Rivertree Landmark, Rivertree Signatures

KUALA LUMPUR: Rivertree STF Synergies Bhd (RSSB) has proposed to acquire shares in Rivertree Landmark Sdn Bhd (RLSB) and Rivertree Signatures Sdn Bhd for RM46.28 million.
1d ago

Corporate News
Bina Puri to acquire Enforture Sarawak for RM100,000

KUALA LUMPUR: Bina Puri Holdings Bhd (BPHB) has entered into a conditional share sale and purchase agreement to acquire the entire equity interest in Enforture (Sarawak) Sdn Bhd for an initial RM100,000 and a profit-linked deferred consideration.
1d ago

Economy
Malaysia among most resilient emerging markets amid global shocks, says Moody’s

KUALA LUMPUR: Malaysia is among the most resilient emerging markets in navigating recent global financial shocks, supported by policy strength and relatively stable market conditions, according to Moody's Ratings.
1d ago

Business
Matrade partners Netherlands ' CBI to empower Malaysian sme export capabilities

KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) has partnered with the Dutch government agency, the Centre for the Promotion of Imports from Developing Countries (CBI), to integrate CBI's European Market Intelligence (MI) resources into the MADANI Digital Trade Platform (MDTP) under a digital partnership programme.
1d ago

Banking
Australia's central bank set to cool its heels after rapid-fire rate hikes

SYDNEY: Australia's central bank lifted rates for a third time this year on Tuesday, returning borrowing costs to post-pandemic highs and warning that inflation would remain sticky as the conflict in the Middle East unleashed a global oil shock.
1d ago

Economy
Indonesia's Q1 GDP growth of 5.61% beats market expectations

JAKARTA: Indonesia's economy grew 5.61% in the January-March quarter from a year earlier, official data showed on Tuesday, faster than the 5.30% growth expected by analysts in a Reuters poll.
1d ago

Telcos
CK Hutchison exits VodafoneThree in US$5.8bil deal with Vodafone

CK Hutchison will sell its 49% stake in UK mobile operator VodafoneThree to partner Vodafone for 4.3 billion pounds ($5.81 billion), the Hong Kong conglomerate said on Tuesday.
1d ago

Forex
Asian currencies brittle as U.S., Iran test truce; rupiah falls to record low

ASIAN currencies fell on Tuesday as the U.S. and Iran launched new attacks to wrest control of the Strait of Hormuz, prompting oil to rally to more than $113 per barrel and the Indonesian rupiah to drop to a record low.
1d ago

Commodities
Gold rebounds from five-week low but inflation fears cap gains

GOLD prices rose on Tuesday from a five-week low hit in the previous session, although gains were limited as elevated crude oil prices kept inflation fears alive and clouded the U.S. interest rate outlook.
1d ago

Economy
'One-person companies' taking economy by storm

CHINA's startup landscape is being reshaped by a fast-growing class of businesses powered not by teams, but by individuals armed with artificial intelligence.
1d ago

Corporate News
Nestle strengthens halal supply chain. deepens ecosystem with Jakim

KUALA LUMPUR: Nestle Malaysia Bhd has strengthened its halal supply chain resilience, underpinned by diversified sourcing strategies and a growing local ecosystem, to ensure consistent compliance and operations.
1d ago

Economy
Indonesia posts fastest economic growth in more than three years in Q1

JAKARTA: Indonesia's economy grew at its fastest annual pace in more than three years at the start of 2026, boosted by a surge in government spending and holiday celebrations, official data showed on Tuesday.