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.

Economy

Tech sector to improve on pricing, AI demand

Improvement in price adjustments and growing exposure to artificial intelligence data centres (DCs) within analogue semiconductors are positive factors supporting the local technology sector, moving forward.

Nation

No horsing around with animal safety in erratic weather

CYBERJAYA: Most pet owners are well aware of how to care for their pets during unpredictable weather, says Department of Veterinary Services director-­general Datuk Dr Mohd Noor Hisham Mohd Haron.

Sabah & Sarawak

Early morning tremor rattles Kundasang

KOTA KINABALU: A mild earthquake, registering 3.5 on the Richter scale, jolted Kundasang early in the morning, causing a brief shake in the highland town during the quiet hours before dawn.

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.

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.

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.

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.

Economy

Matrade aids MSME exports with RM5bil scheme

The government's RM5bil financial guarantee initiative for micro, small and medium enterprises (MSMEs) is expected to provide a significant boost to the sector, particularly exporters, by strengthening their working capital and sustaining trade momentum amid current cost pressures.

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.

Nation

Durians arrive earlier and tastier

GEORGE TOWN: Durians have hit the streets early with the D604, Lipan and even Musang King varieties kickstarting the season in Penang.

Nation

All eyes on Negri assembly 

SEREMBAN: The Negri Sembilan state legislative assembly sitting is usually a quiet affair. But the opening of the assembly tomorrow has become a closely watched one after an unprecedented move to depose the state Ruler.

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.

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.

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.

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.

Economy

E&E demand to support export growth in 2026

Exports are expected to stay strong into 2026, helping to support overall economic growth despite rising global risks.

Nation

Undang row raises questions over MB post

PETALING JAYA: Just days before the opening of the Negri Sembilan legislative assembly tomorrow, there is uneasiness in the state, with reports that the four Undang – the ruling chiefs of the state – are seeking the removal of the Mentri Besar.

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.

Economy

Thailand weighs huge emergency borrowing decree on twin threats

Thailand is considering issuing an emergency decree authorising the Finance Ministry to borrow 500 billion baht as the government braces for twin threats from soaring energy costs and a looming super El Niño.