Latest

1d ago

Short Position
Genting downgraded again amid rising leverage

Fitch Ratings' recent downgrades of Genting Bhd, Genting Overseas Holdings Ltd, Resorts World Las Vegas LLC and, subsequently, Genting Malaysia Bhd have put the group's rising leverage and aggressive expansion plans under the spotlight once more.
1d ago

Insight
The great DC debate rages on

Few infrastructure investments capture the contradictions of the new digital world quite like data centres (DC).
1d ago

Insight
Malaysia’s learning curve is bending down

It will be a tall order for Malaysia to become a creator of technology rather than merely a user.
1d ago

Star Biz7
From crime cache to auction

Inside Le Freeport, the luxury storage vault flanking Changi Airport, billions of dollars in elite global assets are discreetly stashed.
1d ago

Insight
Navigating Asean’s consumer market

Asean presents a striking paradox for strategic management. While the region accounts for a modest share of global economic output, its pull on foreign capital and manufacturing footprint is outsized.
1d ago

Insight
Growth beckons but headwinds abound

AFTER a lacklustre first-quarter (1Q26) earnings season, corporate Malaysia delivered one of its better quarters in recent times, with more companies reporting earnings that came in above expectations, while those that disappointed fell sharply.
1d ago

Corporate News
IHH says Fortis acquisition delays caused losses amid Daiichi Sankyo dispute with debtors

KUALA LUMPUR: IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its "judgment debtors."
1d ago

Energy
PETRONAS, Jogmec strengthening collaboration via master agreement

KUALA LUMPUR: Petronas LNG Ltd (PLL) has entered into a Master Sales and Purchase Agreement (MSPA) with the Japan Organisation for Metals and Energy Security (JOGMEC) to safeguard Japan's energy security while respecting Malaysia's domestic supply needs.
1d ago

Corporate News
Malaysia Smelting gets nod to resume Rahman Hydraulic Tin operations

KUALA LUMPUR: Malaysia Smelting Corp Bhd (MSC) said its 80%-owned subsidiary Rahman Hydraulic Tin Sdn Bhd (RHT) has received approval to resume mining operations following a temporary suspension last month.
1d ago

Corporate News
Hextar Industries RM177.48mil Woodpeckers deal falls through

KUALA LUMPUR: Hextar Industries Bhd's proposed acquisition of a 51 per cent equity interest in Woodpeckers Group Sdn Bhd for RM177.48 million in cash has fallen through after certain conditions for the deal were not fulfilled.
1d ago

Corporate News
Southern Score Builders bags RM180mil hospital project in Melaka

KUALA LUMPUR: Southern Score Builders Bhd has secured a RM180mil contract to undertake the main building works for a private hospital development in Ayer Keroh, Melaka.
1d ago

Corporate News
Duopharma says data files extracted in cyber incident

PETALING JAYA: Duopharma Biotech Bhd said a set of data files, allegedly including personal data, was extracted following an unauthorised attempt to access its information technology infrastructure.
1d ago

Forex
Ringgit ends firmer against most currencies, down versus US dollar

KUALA LUMPUR: The ringgit appreciated against most major and regional currencies on Friday, although it declined against the US dollar.
1d ago

Corporate News
Citaglobal bags RM82.1mil residential college contract

KUALA LUMPUR: Citaglobal Bhd has secured an RM82.12mil contract to design and build a new residential college at the Institut Pendidikan Guru Kampus Bahasa Melayu in Lembah Pantai, Kuala Lumpur.
1d ago

Corporate News
PTT Synergy to acquire Penang land for RM62.53mil

PETALING JAYA: PTT Synergy Group Bhd is acquiring a 3.925-hectares freehold land in Seberang Perai Selatan, Penang, for RM62.53mil to support its future development and business expansion plans.
1d ago

Corporate News
Mondelez International unveils RM90mil investment in Crumb Tower, deepening commitment to Malaysia

KUALA LUMPUR: Mondelez International has launched its completed RM90 million Crumb Tower at the Cadbury Confectionery plant in Shah Alam, reinforcing its long-term confidence in Selangor and Malaysia as a strategic base for advanced chocolate manufacturing.
1d ago

Corporate News
Vestland bags RM410mil high-rise contract, FY26 wins hit RM1.5bil

PETALING JAYA: Vestland Bhd has secured a RM410mil design-and-build contract for a high-rise development in Jalan Ampang, Kuala Lumpur, lifting its total contract wins for the financial year 2026 (FY26) to RM1.5bil.
1d ago

Markets
FBM KLCI sinks below 1,700 amid regional sell-off

KUALA LUMPUR: Bursa Malaysia ended sharply lower on Friday, with the FBM KLCI sinking below the 1,700 level and more than 800 counters closing in the red, as surging oil prices triggered a broad sell-off across regional markets.
1d ago

Energy
IEA warns 2026 oil supply gap will widen on delayed return of normal Gulf flows

LONDON: Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war delays the return of normal Middle East flows into 2027 and sends fuel prices soaring.
1d ago

Markets
Hong Kong watchdog tells firms how to cooperate in raids as scrutiny of share sales grows

HONG KONG: Hong Kong's securities watchdog gave guidance to investment banks on how they should cooperate during a raid by regulators, two people with knowledge of an industry meeting said, adding this signals more scrutiny, particularly of booming share sales.