Corporate News

Alpha IVF eyes revenue growth in the Philippines

Alpha IVF Group Bhd has begun operations at its in-vitro fertilisation (IVF) centre in Quezon City, Manila, marking its second international location after Singapore.

Corporate News

Croesus IT eyes plantation technology post-listing

Croesus IT Holdings Bhd is bolstering its focus on plantation technology as a key growth segment for the company following its listing on the LEAP Market of Bursa Malaysia yesterday.

Corporate News

Sarawak Plantation poised for stronger production recovery next year

Sarawak Plantation Bhd is set for a stronger recovery next year as production improves and output momentum strengthens, according to Philip Capital Research.

Markets

Large foreign fund outflow temporary situation

As foreign fund outflows from the stock market crossed RM20bil in just 11 months of 2025 (11M25), analysts have warned the selling spree may well continue into next year.

Corporate News

Advancecon unit wins second ECRL adjudication

Advancecon Holdings Bhd's wholly owned unit, Advancecon Infra Sdn Bhd (AISB), has secured another favourable adjudication decision against China Communications Construction (ECRL) Sdn Bhd (CCC).

Telcos

Service revenue to stay resilient for telcos

The Minister of Finance Inc's (MoF Inc) impending exit from Digital Nasional Bhd (DNB) introduces potential downside risks to its telecommunication shareholders from the equity accounting of DNB's losses, analysts say.

Economy

Miti aims to draw more large-scale green investments

The Investment, Trade and Industry Ministry (Miti) will work to attract more investments to ensure the country's green transition can be implemented on a larger scale.

Corporate News

Wasco bags three-year building job

Wasco Bhd has secured a contract from Italy-based Technip Energies Italy S.p.A. to complete the procurement and construction of pre-assembled modules on a remeasurement basis.

Economy

Mida welcomes Tengku Zafrul’s role as chairman

The Malaysian Investment Development Authority (Mida) views the appointment of Tengku Datuk Seri Zafrul Abdul Aziz as its new chairman a strategic and prudent measure, especially in today's economic and trading climate.

Economy

Sarawak ramps up infrastructure development 

Sarawak has spent RM21.8bil under its alternative funding initiative to accelerate major infrastructure development across the state, Second Minister for Finance and New Economy Datuk Amar Douglas Uggah Embas says.

Markets

M’sia can retain top spot in Asean for IPOs in 2026

Malaysia is well-positioned to retain its top spot in Asean for initial public offerings (IPOs) and fundraising in 2026, says CGS International Securities Malaysia Sdn Bhd (CGS Malaysia).

Commodities

CPO prices to reach RM4,200 this month

Crude palm oil (CPO) prices are expected to climb towards RM4,200 per tonne in December, even after easing in November due to a six-year high in local stockpiles.

Forex

Ringgit bounces to fresh 14-month high vs US dollar

The ringgit jumped to a fresh 14-month high against the greenback yesterday, hitting 4.120 at the close as the continued anticipation of an interest rate cut by the US Federal Reserve (Fed) next week weighed on the dollar.

Corporate News

Gabungan AQRS to jointly develop project

Gabungan AQRS Bhd has entered into a joint venture agreement with Rising Charm Sdn Bhd to jointly develop three parcels of land in Bangi, Selangor for a proposed commercial development.

Corporate News

MBL sells Johor land for RM9.5mil

Muar Ban Lee Group Bhd (MBL) is disposing of two pieces of leasehold industrial land totaling 2.26 acres in Muar, Johor to Airegold Sdn Bhd for RM9.5mil.

Commodities

Oil rises as Moscow peace talks fail to reach breakthrough

Oil prices settled higher on Wednesday after the US and Russia failed to reach a deal to end the war in Ukraine that could have eased sanctions on Moscow's oil sector, though gains were held back by fears of oversupply.

Markets

Indices advance as data keeps Fed rate-cut hopes high

US stocks advanced to close higher on Wednesday, as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal Reserve next week, while a fall in Microsoft's shares curbed the advance.

Corporate News

Magni-Tech reports higher 2Q net profit

PETALING JAYA: Magni-Tech Industries Bhd's net profit for the second quarter ended Oct 31, 2025 (2Q26) rose 24.7% to RM32.25mil from RM25.87mil a year earlier, despite a slight drop in topline, supported mainly by stronger profitability in its garment segment.

Corporate News

Advancecon unit wins second adjudication in ECRL payment dispute

KUALA LUMPUR: Advancecon Holdings Bhd's wholly owned unit, Advancecon Infra Sdn Bhd (AISB), has secured another favourable adjudication decision against China Communications Construction (ECRL) Sdn Bhd (CCC).

Corporate News

Gabungan AQRS to jointly develop Bangi land for project worth RM600mil

PETALING JAYA: Gabungan AQRS Bhd has entered into a joint venture agreement with Rising Charm Sdn Bhd to jointly develop three parcels of land in Bangi, Selangor for a proposed commercial development.