Latest
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Economy
Malaysia's trade with major partners hits records RM1.127 trillion in Jan-April 2026 -Sim
KUALA LUMPUR: Malaysia's total trade with its major trading partners reached a record high of RM1.127 trillion from January to April 2026, surpassing the RM1 trillion mark within the first four months of the year.
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Analyst Reports
Kee Ming's profit margins to normalise moving forward
KUALA LUMPUR: Kee Ming Group Bhd exceeded expectations in its 2026 financial year (FY26), on the back of stronger-than-expected margins from additional variation orders (VO) and project finalisation cost savings, said Maybank Investment Bank (Maybank IB) in a results note.
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Forex
Ringgit opens slightly higher against US$ amid US-Iran negotiations
KUALA LUMPUR: The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.
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Markets
FBM KLCI slips further, focus turns to bank earnings
KUALA LUMPUR: The FBM KLCI is extending its decline amid a lack of clarity in the Middle East situation, even as the domestic corporate earnings period enters its closing days.
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Corporate News
Trading ideas: Exsim Hospitality, IJM Land, Gamuda, Oppstar, PMW, Censof, MyEG, TNB, Axiata, MISC, Sime Darby, MBMR, TMK, Lianson, BIMB, Cahya Mata
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
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Markets
SGX gives firms three years to resolve suspensions
SINGAPORE: Companies that have been suspended from trading on the Singapore Exchange (SGX) should resolve their underlying concerns within three years, says the bourse's regulatory arm.
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Corporate News
MNRB targets completion of Labuan Re acquisition by 4Q26
KUALA LUMPUR: MNRB Holdings Bhd expects to complete its acquisition of Labuan Reinsurance (L) Ltd (Labuan Re) by the fourth quarter of financial year 2026.
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Corporate News
Ride-hailing sector warns of profit hit
JAKARTA: The government's plan to bring ride-hailing players, like Grab and Gojek, under the same regulatory umbrella as online marketplaces is prompting pushback from industry groups, which warn that the two sectors operate under different business models.
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Banking
Malaysian banks shielded from energy price shock
KUALA LUMPUR: Banks in Malaysia and some Asia-Pacific economies will be less impacted by higher energy prices, according to Moody's Ratings.
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Corporate News
Inta Bina buoyed by strong order-book pipeline
PETALING JAYA: Inta Bina Group Bhd is expected to deliver stronger earnings growth in the coming quarters supported by a sizeable order book, improving job replenishment prospects and fresh contributions from its property development segment, according to some analysts.
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Corporate News
Zetrix AI delivers higher bottom line
PETALING JAYA: Zetrix AI Bhd expects to continue its initiatives in its Zetrix blockchain as well as artificial intelligence technology to drive its organic growth.
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Corporate News
Press Metal to enter earnings upcycle phase
PETALING JAYA: Press Metal Aluminium Holdings Bhd is entering a sweet spot of higher aluminium prices and easing alumina costs, setting the stage for a strong financial year ending Dec 31, 2026 (FY26) earnings upcycle.
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Corporate News
Increase in freight rates, earning days buoy MISC’s quarterly showing
PETALING JAYA: Energy shipping conglomerate MISC Bhd has kicked off its financial year 2026 (FY26) with a 5.1% year-on-year (y-o-y) increase in first-quarter (1Q26) net profit.
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Banking
Alliance Bank targets 10% FY27 loan growth
PETALING JAYA: Following an encouraging finish to the financial year ending March 31, 2026 (FY26), Alliance Bank Malaysia Bhd is guiding for FY27 loan growth, including unrated bonds, of 7.5% to 10%, positioning the bank to outperform overall industry growth.
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Banking
AEON Bank names Ridzuan as new CEO
PETALING JAYA: AEON Bank (M) Bhd, Malaysia's first digital Islamic bank, has appointed Mohammad Ridzuan Abdul Aziz as its new chief executive officer with effect from May 22.
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Corporate News
Oppstar wins AI chip contract
PETALING JAYA: Semiconductor firm Oppstar Bhd has entered into a design service agreement with a technology venture based in Yokohama, Japan, to design and develop a reconfigurable artificial intelligence (AI) chip solution for a fee of RM11.5mil.
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Corporate News
Exsim awards contract for KL apartments
PETaLING JAYA: Exsim Hospitality Bhd's wholly-owned subsidiary, Exsim Concepto Sdn Bhd, has awarded a RM4.38mil subcontract for interior fit-out works and window treatment to Sunthesis Sdn Bhd.
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Corporate News
TNB extends Kenyir hydro PPA to 2030
PETALING JAYA: Power grid operator Tenaga Nasional Bhd (TNB) is extending a power purchase agreement (PPA) with Kenyir Hydro Power Station (SJ Kenyir) for five years, effective Sept 14, 2025 to Aug 31, 2030, following approval from the Energy Commission.
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Business
Succession planning – Passing the field book
SUCCESSION planning in plantations is not merely a Human Resource (HR) exercise. It is leadership replanting from estate rounds to boardrooms, from mills to markets and from today's seniors to tomorrow's stewards.
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Markets
Hanwha turns South Korea’s industrial growth into ETF strategy
SEOUL: As the US-China rivalry reshapes global supply chains around security and resilience, investors are increasingly viewing South Korea as a long-term manufacturing beneficiary rather than simply a China alternative.
