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Telcos seek a minimum 51% stake in DNB
PETALING JAYA: Malaysia’s four largest telecommunications firms are seeking a majority stake in a state 5G agency, countering a proposal by the government to offer them minority ownership, according to a letter sent by the firms to the Finance Ministry (MoF).
Malaysia's biggest telcos seek majority stake in 5G agency
KUALA LUMPUR: Malaysia's four largest telecommunications firms are seeking a majority stake in a state 5G agency, countering a proposal by the government to offer them minority ownership, according to a letter sent by the firms to the finance ministry.
Axiata to gain from its regional exposure
PETALING JAYA: Axiata Group Bhd’s Indonesian results came in below expectations in the first quarter of this year, but the group’s regional exposure and focus on emerging countries may deliver better growth potential.
Bursa remains mildly optimistic
KUALA LUMPUR: Bursa Malaysia maintained a cautious upward momentum ahead of corporate earnings results later this month as investor picked up bargains in hopes of positive surprises.
Maxis ups its value proposition
Telco makes digitisation a priority as it commits to the government’s digital push.
Number portability comes to the fixed line market
NUMBER portability is a well established concept in Malaysia for millions of mobile phone users.
Bursa drops further after violent Wall Street session
KUALA LUMPUR: Investors continued to sell down Bursa Malaysia equities following the plunge on Wall Street overnight.
Bursa Malaysia erases earlier gains as investors turn sour on banks
KUALA LUMPUR: The FBM KLCI turned negative in late-morning trade after bank stocks succumbed to fears over rising competition from digital banks, erasing earlier strong gains on the back of the US Federal Reserve's recent rate hike announcement.
Trading ideas: Axiata, RHB, YTL, Aeon Credit, Sapura Energy, Gadang Holdings, Samaiden Group, Fitters Diversified and Pestech International
KUALA LUMPUR: Stocks that may see increased trading interest on Thursday include Axiata, RHB, YTL, Aeon Credit, Sapura Energy, Gadang Holdings, Samaiden Group, Fitters Diversified and Pestech International, said JF Apex Research.
Stars don gilded era looks, as fashion's biggest night, the Met Gala, returns
The celebration of American design for this year's Met Gala was themed to gilded glamour, resulting in lots of dresses in black and white for the women.
