Latest

1d ago

Corporate News
CIMB Thai 1Q bottom line increases 8.4%

CIMB Thai Bank PCL has recorded a net profit of 908.2 million baht (RM112.11mil), an increase of 70.1 million baht or 8.4% year-on-year (y-o-y), in the first quarter of 2026 (1Q26) as compared to the same quarter in 2025, it announced in a statement yesterday.
1d ago

Corporate News
Uzma unit in Boustead tie-up

Uzma Bhd via its subsidiary Uzma Space and Defence Sdn Bhd is exploring a collaboration with Boustead Holdings Bhd in the areas of satellite communications and geospatial intelligence.
1d ago

Corporate News
Cost inflation may trigger AmBank strategy review

AMMB Holdings Bhd (AmBank) could reassess its growth strategy, particularly within its business banking portfolio, if oil prices stay elevated for a prolonged period amid persistent cost inflation.
1d ago

Technology
YTL AI Labs launches Ilmu Claw AI platform

YTL AI Labs has launched Ilmu Claw yesterday, enabling Malaysian users, developers, and enterprises to build autonomous artificial intelligence (AI) agents, hosted entirely on Malaysian infrastructure through the secure YTL AI Cloud.
1d ago

Corporate News
Mixed views on IOIPG’s Singapore tower buy

Analysts have varying views on IOI Properties Group Bhd's (IOIPG) S$2.476bil (RM7.77bil) purchase of Asia Square Tower 2 (AST2) in Singapore.
1d ago

Economy
Regional investment key to Asean growth

Domestic companies need to look beyond investing solely in one another and take a more deliberate, strategic approach to investing across the region.
1d ago

Corporate News
EI Power eyes ACE Market IPO

Power engineering solutions provider, EI Power Bhd (EIP) has launched its prospectus in conjunction with its initial public offering (IPO) exercise on the ACE Market of Bursa Malaysia.
1d ago

Aviation
Naico upbeat on aerospace industry expansion

National Aerospace Industry Corp Malaysia (Naico) remains optimistic that the country's aerospace industry will expand between 15% and 20% by 2030, underpinned by strong investment momentum and growing capabilities across the ecosystem.
1d ago

Corporate News
Steel Hawk files suit over alleged misappropriation

Steel Hawk Bhd has initiated legal proceedings against five parties, alleging breaches of a collaboration agreement and misappropriation of funds linked to engineering projects for Tenaga Nasional Bhd (TNB).
1d ago

Corporate News
Silver Ridge wins RM2.5mil building job

Silver Ridge Holdings Bhd (SRHB) has accepted contracts worth a total of RM2.49mil for the construction of three, two-storey shophouses in Kapar, Selangor.
1d ago

Insight
A wartime economy set to be different this time

I recently heard a terrifying prediction: Advances in defence technology will change the way war is waged today as much as industrialisation did in World War I.
1d ago

Markets
Upbeat outlook for equities

Despite heightened geopolitical risks and volatile oil prices, analysts are growing more upbeat on Malaysian equities, pushing the consensus target for the FBM KLCI higher to 1,948 points from 1,905 just weeks ago.
1d ago

Auto
Auto sales to soften on cautious spending

The auto sales momentum is expected to ease in April as cautious consumer sentiment and external risks weigh on demand, while tighter fuel subsidy quotas may support electric vehicle (EV) and plug-in hybrid (PHEV) adoption.
1d ago

Corporate News
Maybank to shift head office to Menara Merdeka 118

Malayan Banking Bhd (Maybank) will relocate its head office from Menara Maybank in Jalan Tun Perak to Menara Merdeka 118 effective May 6, 2026.
1d ago

Corporate News
MTT Shipping’s listing raises RM653mil

MTT Shipping and Logistics Bhd slipped below its initial public offering (IPO) price on its market debut, turning underwater after an initially firm start.
1d ago

Insurance
ITOs still under pressure from surging medical claims

Domestic insurance and takaful operators (ITOs) can expect elevated medical claims to remain a near-term headwind, says BIMB Securities Research.
1d ago

Corporate News
Public Bank set for capital efficiency uplift

Analysts remain positive on Public Bank Bhd, citing its strong capital buffers and upcoming capital optimisation initiatives that could support shareholder returns and sustain its premium valuation.
1d ago

Energy
UK plans to move wind farms to fresh subsidies to cut costs

The United Kingdom will seek to speed up efforts to cut the costs of green electricity by reducing exposure to more expensive gas.
1d ago

Economy
New Zealand inflation stays stubbornly high

New Zealand inflation unexpectedly stayed above the top of the Reserve Bank's (RBNZ) 1% to 3% target in the first quarter, prompting markets to boost bets on a July interest rate hike as the impact of an expected Iran-war driven surge in fuel prices is still to come.
1d ago

Telcos
Dividend yields add lustre to telecoms sector

Telekom Malaysia Bhd (TM) may fund longer-term capital expenditure from additional borrowings, freeing internally generated cash for dividends moving forward.