Latest
-
Corporate News
Chong Tzu Khen reappointed as AuMAS CEO
PETALING JAYA: AuMAS Resources Bhd has reappointed Chong Tzu Khen as its chief executive (CEO), effective May 1.
-
Corporate News
Advancecon wins RM48mil Johor contract
PETALING JAYA: Advancecon Holdings Bhd has secured a RM47.6mil contract from Johor Corp (JCorp) to undertake infrastructure works at the Tanjung Langsat Industrial Complex in Pasir Gudang, Johor.
-
Corporate News
IQ Group unit ceases ops on falling orders
PETALING JAYA: IQ Group Holdings Bhd (IQGHB) has announced that its wholly-owned subsidiary will cease manufacturing operations, citing a sustained decline in order volumes and shifting customer preferences.
-
Commodities
Biodiesel blend with 15% palm oil slated for June
KUALA LUMPUR: Malaysia will begin producing biodiesel with a mix of 15% palm oil in June in an effort to lower diesel prices, Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said in a speech to civil servants yesterday.
-
Business
Exsim bags RM2mil Maybank job
PETALING JAYA: Exsim Hospitality Bhd (EHB) has accepted a letter of award for interior and electrical works at Maybank KLCC, through its wholly-owned subsidiary Exsim Concepto Sdn Bhd (ECSB).
-
Corporate News
Merdeka 118 Mall set for August opening, to feature 300 retail outlets
PETALING JAYA: PNB Merdeka Ventures Sdn Bhd says 118 Mall, the retail component of the Merdeka 118 precinct, is on track to open in August 2026.
-
Corporate News
PMW secures three-year pole supply renewal
PETALING JAYA: PMW International Bhd has locked in a three-year renewal of its concrete pole supply agreement with CTS Horizon Sdn Bhd via its wholly-owned unit, PMW Winabumi Sdn Bhd, positioning the group to benefit from ongoing fibre expansion and 5G rollout in East Malaysia.
-
Markets
Gulf tension boost for Bursa in FY26
PETALING JAYA: The volatility resulting from geopolitical tensions could drive Bursa Malaysia Bhd's equity securities trading earnings in financial year 2026 (FY26) and offset rising cost pressures.
-
Banking
StanChart taps Mushahid Syed as interim CEO
KUALA LUMPUR: Standard Chartered Bank Malaysia Bhd (StanChart) has appointed Mushahid Syed as interim chief executive officer (CEO) and head of coverage for Malaysia effective May 8, 2026, in addition to his role as chief financial officer (CFO).
-
Aviation
Malaysia must capitalise on West Asia crisis, says Fernandes
PUTRAJAYA: Malaysia should seize the ongoing West Asia crisis as an opportunity to rethink its economic model and enhance its long-term growth, says Capital A Bhd chief executive officer Tan Sri Tony Fernandes.
-
Corporate News
Improving earnings visibility to buoy Genting
PETALING JAYA: Kenanga Research remains positive on Genting Malaysia Bhd (GenM), underpinned by growth from its US operations and a steady recovery in its core Malaysian business.
-
Corporate News
Sound prospects for Johor Plantations
PETALING JAYA: Johor Plantations Group Bhd's decision to move from being a pure upstream planter into an integrated player will bode well for the group, says Phillip Capital Sdn Bhd.
-
Forex
Ringgit rises as risk appetite returns
KUALA LUMPUR: The ringgit strengthened against regional peers at the close as investors' risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.
-
Corporate News
Feytech gets RM96.8mil seat cover supply job
PETALING JAYA: Feytech Holdings Bhd has secured a contract worth approximately RM96.8mil to supply seat covers for an upcoming Proton model, with production expected to begin in due course.
-
Corporate News
Gold Li net profit forecast to rise on revenue recognition from projects
PETALING JAYA: Gold Li Holdings Bhd's net profit is expected to rise to RM12.7mil in financial year 2027 (FY27) and RM14.3mil in FY28.
-
Banking
National Australia Bank posts first-half profit miss
SYDNEY: National Australia Bank (NAB) reports weaker-than-expected first-half (1H) cash earnings, hurt by one-off and impairment charges, while cautioning that the Iran war posed risks to its underlying asset quality.
-
Economy
World Bank urges green finance, tech expansion
KUALA LUMPUR: Malaysia must expand green finance, strengthen local tech capacity, as well as broaden participation across sectors and regions, to fully leverage the global shift towards sustainability and turn climate risk into a competitive edge in green value chains.
-
Corporate News
IJM Corp expected to secure more data centre-related jobs
PETALING JAYA: IJM Corp Bhd could potentially secure more data centre (DC)-related jobs moving forward, says RHB Research.
-
Corporate News
Pockets of hope for F&N as 2H26 recovery looms
PETALING JAYA: Fraser & Neave Holdings Bhd's (F&N) near-term earnings outlook is expected to remain under pressure, although analysts see pockets of recovery emerging in the second half of the financial year ending Sept 30, 2026 (2H26).
-
Corporate News
Mideast charter to mildly lift Coastal earnings
PETALING JAYA: Coastal Contracts Bhd's newly secured liftboat charter contract in the Middle East will support the group's fleet utilisation, but it will only marginally uplift earnings, says TA Research.
