Latest

1d ago

Corporate News
FBG bags RM238mil construction job

FBG Holdings Bhd has accepted a letter of acceptance from IGB Bhd in respect of main building works of a commercial building block under phase 3 located above the existing The Mall, Mid Valley Southkey in Johor Baru, worth RM238.09mil.
1d ago

Corporate News
Bina Puri sells entire KLKSE stake

Bina Puri Holdings Bhd has entered into a conditional share sale and purchase agreement with Arena Irama Sdn Bhd to dispose of its entire 50% equity stake in KL-Kuala Selangor Expressway Bhd (KLKSE), which is the concessionaire of the Latar Expressway – for RM77mil.
1d ago

Corporate News
SC appoints Abdulkader inaugural fellow

The Securities Commission (SC) has appointed Abdulkader Thomas as its inaugural Sultan Nazrin Shah Fellow to help drive thought leadership and innovation in Islamic finance.
1d ago

Forex
Ringgit, peso among Asean currencies weighed down by firmer US$

KUALA LUMPUR: The ringgit and the Philippine peso were among the ASEAN currencies weighed down by a stronger US dollar at the close today after the latest Federal Open Market Committee (FOMC) minutes signalled the possibility of an interest rate hike, said an economist.
1d ago

Corporate News
Bina Puri to dispose of entire 50% stake in KL-Kuala Lumpur Expressway

KUALA LUMPUR: Bina Puri Holdings Bhd has proposed to dispose of its entire 50% equity in KL-Kuala Lumpur Expressway Bhd (KLKSE) to Arena Irama for RM77mil cash.
1d ago

Corporate News
FBG unit secures hotel project for RM238.09mil

KUALA LUMPUR: FBG Holdings Bhd, formerly known as Fajarbaru Builder Group Bhd, said its wholly-owned subsidiary FBG Builder SDn Bhd has accepted a contract from an indirect wholly-owned subsidiary of IGB Bhd for the development of a 25-storey hotel building block (Tower 6) containing 375 rooms with facilities on top of the existing The Mall, Mid Valley Southkey, in Plentong, Johor Bahru.
1d ago

Markets
Bursa Malaysia extends upward momentum to close higher

KUALA LUMPUR: Bursa Malaysia continued its upward trend, closing higher on Thursday due to positive market sentiment driven by stronger-than-expected macroeconomic data.
1d ago

Corporate News
Nestle Malaysia to explore potential sale of ice cream business to Froneri

KUALA LUMPUR: Nestle (Malaysia) Bhd will explore the potential sale of its ice cream business to UK-based Froneri International Ltd.
1d ago

Economy
Bank Indonesia holds rates steady, focus remains on rupiah

JAKARTA: Indonesia's central bank held rates unchanged for a fifth straight policy review on Thursday, as expected, saying its focus was on stabilising the rupiah currency while continuing to assess the impact of its past rate cuts on the economy.
1d ago

Corporate News
Nestle beats Q4 sales expectations, plans ice cream sale as CEO sharpens focus

LONDON: Nestle reported better than expected fourth-quarter sales growth on Thursday and said it was sharpening its focus to four businesses led by its strongest brands, a drive that includes plans to sell off its remaining ice cream business.
1d ago

Corporate News
Cape EMS returns to profit, taps Johor data centre for growth

KUALA LUMPUR: Cape EMS Bhd will prioritise consistent profitability and disciplined execution over the next 12 to 24 months under its strategic transformation roadmap, CEB 2.0.
1d ago

Commodities
Oil prices extend gains on concerns of potential US-Iran conflict

TOKYO: Oil prices rose in Asian trade on Thursday as the U.S. and Iran attempted to ease a standoff in talks over Tehran's nuclear programme while both sides heightened military activity in the key oil-producing region.
1d ago

Markets
Continued buying in financial heavyweights lifts Bursa Malaysia at midday

KUALA LUMPUR: Persistent buying interest in financial heavyweights continued to boost Bursa Malaysia at midday, further supported by the ringgit's steady performance against the US dollar.
1d ago

Economy
Malaysia's services sector achieves trade surplus after 13 years, record trade value of RM543.01bil

KUALA LUMPUR: Malaysia's services sector ended a 13-year trade deficit to record a trade surplus of RM1.15bil in 2025 on the back of a robust performance in travel and manufacturing services, said the Malaysia External Trade Development Corporation (Matrade).
1d ago

Corporate News
Yayasan Peneraju marks 14th anniversary with MIA membership rebate

KUALA LUMPUR: Yayasan Peneraju (YP), an agency under the Ministry of Economy, is introducing a Malaysian Institute of Accountants (MIA) membership fee rebate to support its accounting talents.
1d ago

Corporate News
Lendlease REIT distributable income up 11.7% in 1HFY26, acquires PLQ Mall

KUALA LUMPUR: Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), reported first-half (1H) financial results for FY2026 distributable income of SG$48.6 million, up 11.7 per cent year-on-year (YoY), or a distribution of 1.85 cents per unit. (SG$1 = RM3.07)
1d ago

Economy
Malaysia's CPI rises 1.6% in Jan

KUALA LUMPUR: Malaysia's inflation increased 1.6% in January as compared to the same month last year, the National Statistics Deparment reported on Thursday.
1d ago

Stock on the Move
Duopharma Biotech shares up after securing RM52.54mil LOA

KUALA LUMPUR: Duopharma Biotech Bhd's shares rose during the early trading session today, after its unit received a letter of award (LOA) from the government for the supply of medical products worth RM52.54 million.
1d ago

Markets
Asia shares get tech lift as Iran, rate uncertainty loom over markets

SINGAPORE: Asian stocks rose on Thursday, supported by gains in technology giants on Wall Street, while lingering U.S.-Iran tensions kept oil prices supported and left gold underpinned by safe-haven flows.
1d ago

Forex
Ringgit opens lower vs US$ following FOMC minutes

KUALA LUMPUR: The ringgit eased against the US dollar at the opening on Thursday, as the greenback strengthened amid Federal Open Market Committee (FOMC) minutes which signalled a potential interest rate hike, an analyst said.