Latest
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Insight
Time is money, really
Time has a way of slipping past quietly. You cannot save it, invest it, or recover it once it is gone. Yet, every January, we behave as if we have an abundance of it.
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Aviation
Capital A completes disposal of AirAsia aviation units
KUALA LUMPUR: Capital A Bhd said it has completed the disposal of AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) as part of its previously announced restructuring proposals.
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Corporate News
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
KUALA LUMPUR: Pimpinan Ehsan Bhd (PEB) said Bursa Malaysia Securities Bhd has granted the company an extension of time until June 30, 2026 to submit its regularisation plan to the Securities Commission Malaysia for approval.
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Corporate News
Vestland secures RM602mil construction contracts
KUALA LUMPUR: Vestland Bhd's wholly-owned subsidiary, Vestland Resources Sdn Bhd has received contracts amounting to RM602mil from Sg Besi Construction Sdn Bhd and Mercu Majuniaga Sdn Bhd.
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Economy
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
KUALA LUMPUR: Kenanga Investment Bank Bhd today revised its 2026 gross domestic product (GDP) growth forecast to 4.5 per cent from 4.2 per cent to reflect stronger-than-expected momentum in 2025, which may carry into this year.
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Forex
Ringgit ends marginally lower as greenback gets lift from positive US economic data
KUALA LUMPUR: The ringgit ended marginally lower against the American dollar on Friday, as healthy US economic data lifted the greenback.
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Corporate News
Exsim’s unit gets RM2.36mil job in an RPT deal
KUALA LUMPUR: Exsim Hospitality Bhd's wholly owned subsidiary Exsim Concepto Sdn Bhd has been awarded a RM2.36mil contract for the renovation, interior design and build works for Kebun Teh phase 2 sales gallery and show unit at Level 10 Plaza Pelangi, Johor.
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Energy
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
KUALA LUMPUR: TH Plantations Bhd (THP) has commissioned the 1.2 megawatt (MW) Cenergi Lawiang Biogas Power Plant with Cenergi SEA Bhd (Cenergi) in a significant development to advance waste-to-energy solutions in the plantation sector.
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Corporate News
MN Holdings wins RM122.7mil contracts for data centre power works
KUALA LUMPUR: MN Holdings Bhd's wholly owned subsidiary, MN Utilities Engineering Sdn Bhd, has accepted four letters of appointment (LOAs) with a total contract value of RM122.7mil for the supply and installation of substation equipment for data centre projects in central and southern Peninsular Malaysia.
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Corporate News
M&G enters JV to expand vessel maintenance and repair services
KUALA LUMPUR: Marine & General Bhd (M&G) said its subsidiaries have entered into a joint venture agreement to undertake vessel maintenance, repair and docking-related businesses.
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Corporate News
Binastra wins RM1.18bil building, infrastructure contracts in Johor
KUALA LUMPUR: Binastra Corporation Bhd's wholly owned subsidiary, Binastra Builders Sdn Bhd, has accepted two letters of award from Exsim Lumba Kuda Sdn Bhd for main building and infrastructure works worth a total of RM1.18bil.
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Markets
FBM KLCI retreats on profit-taking despite stronger GDP data
KUALA LUMPUR: The local bourse moved into negative territory as investors took some money off the table following the recent rally, snapping a five-day winning streak amid mixed performance across regional markets.
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Commodities
Indonesia’s B50 delay opens short-term export window for Malaysian palm oil
KUALA LUMPUR: Indonesia's decision to delay the implementation of the B50 biodiesel mandate presents Malaysia with a short-term opportunity to increase palm oil exports as the commodity's price is kept stable by the move, according to an academic.
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Business
Taiwan aims to be strategic AI partner in US tariff deal
TAIPEI: Taiwan aims to become a close strategic partner with the United States in the area of artificial intelligence (AI) after striking a deal to cut tariffs and boost its investment in the country, Vice Premier Cheng Li-chiun said on Friday.
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Energy
Oil prices inch up as market evaluates supply risks
OIL prices rose slightly on Friday as market participants weighed concerns about supply risks, though the chances of a U.S. strike on Iran have receded.
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Commodities
CPO to trade around RM4,000 a tonne in 2026, according to Kenanga
KUALA LUMPUR: Kenanga Investment Bank Bhd expects crude palm oil (CPO) to trade around RM4,000 per tonne over 2026 from RM4,308 in 2025 on the back of a still-tight global edible oil supply despite a supply uptick with inventories unlikely to improve significantly.
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Commodities
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
GOLD extended its losses on Friday after stronger-than-expected U.S. economic data dampened expectations of the U.S. Federal Reserve cutting interest rates sooner and softening geopolitical frictions shrunk safe-haven demand for the metal.
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Markets
Rakuten Trade raises FBM KLCI year-end target, sees stronger earnings and fund flows
KUALA LUMPUR: Rakuten Trade has revised upward its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,810 for the full year, from an earlier target of 1,730.
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Corporate News
Genting Plantations unit fined RM96.6mil by Indonesian authorities
KUALA LUMPUR: Genting Plantations Bhd said its 95%-owned indirect subsidiary, PT Susantri Permai, has been imposed an administrative fine of 396 billion rupiah (about RM96.6mil) by Indonesia's Forest Area Enforcement Task Force.
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Corporate News
US clears FGV to export palm following WRO modification
KUALA LUMPUR: The United States has cleared FGV Holdings Bhd (FGV) to export palm oil and palm oil products to the US effective Jan 15 2026, following the modification of the Withhold Release Order (WRO).
