EcoWorld sells land at Eco Business Park II in Senai to Chinese company for RM119 million

PETALING JAYA: Eco World Development Group Bhd (EcoWorld Malaysia) today entered into a sale and purchase agreement with Deye New Energy Technology (Malaysia) Sdn Bhd to sell 32.9 acres of…

3 Min Read
Bank Negara Malaysia pins interest rate at 3pc

KUALA LUMPUR, March 6 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee…

1 Min Read
Most businesses intrigued by digital technologies

KUALA LUMPUR: Over three quarters of businesses 76% across Asia, Europe and…

5 Min Read
Carlsberg strengthens market position with ESG excellence, portfolio expansion

SHAH ALAM: Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) continues to solidify its…

2 Min Read
Bursa Malaysia remains higher at midafternoon, KLCI up 13 points

KUALA LUMPUR, Feb 26 — Bursa Malaysia maintained its upbeat momentum at…

2 Min Read

Recession’s back on the menu: Trump policy fears erase US$4 trillion from Wall St

NEW YORK, March 11 — President Donald Trump’s tariffs have…

8 Min Read

Ringgit closes lower against greenback ahead of US inflation data

KUALA LUMPUR, March 12 — The ringgit closed lower against…

3 Min Read

KAB achieves record RM244.8m revenue in FY24

KUALA LUMPUR: Kinergy Advancement Bhd (KAB), a sustainable energy and…

4 Min Read

Citaglobal’s Q4 profit soars 224% to RM10.3 million, driven by strong growth

KUALA LUMPUR: Citaglobal Bhd recorded a 224% jump in profit…

5 Min Read

Biggest crypto heist ever: Hackers steal US$1.5b from Bybit

NEW YORK, Feb 22 — Dubai-based cryptocurrency exchange Bybit reported yesterday that hackers stole US$1.5 billion (RM6.63 billion) worth of digital assets in what marks the largest crypto theft in industry history.Bybit CEO and founder Ben Zhou addressed the hack…

2 Min Read

Hi Mobility gears up for expansion in Klang Valley, eyes opportunities in Sabah and Sarawak

KUALA LUMPUR: Main Market-bound Hi Mobility Bhd is setting its sights on expansion in the Klang Valley while exploring potential opportunities in Sabah and Sarawak as part of its strategic growth plans. The cross-border transport service provider is positioning itself…

4 Min Read

Petronas Gas posts higher FY2024 net profit of RM1.84b, declares 22 sen dividend

KUALA LUMPUR, Feb 21 — Petronas Gas Bhd (PGB) recorded a higher net profit of RM1.84 billion in the financial year ended December 31, 2024 (FY2024) compared to RM1.82 billion in the same period a year earlier.In a Bursa Malaysia…

2 Min Read

Trump’s tariff threats and the car key that crosses borders

GUADALAJARA, Feb 28 — They unlock vehicles with just the touch of a button, but the manufacturing of electronic car keys is anything but simple, illustrating the potential complexities and costs of US President Donald Trump’s threatened tariffs.The production of…

6 Min Read

Ringgit strengthens against US dollar on dovish Fed and steady BNM rates

KUALA LUMPUR, March 7 — The ringgit extended its rally today to close on the front foot against the US dollar, powered by a more dovish US Federal Reserve (Fed)…

2 Min Read
Ringgit opens higher against US dollar

KUALA LUMPUR: The ringgit kicked off the day by opening…

2 Min Read
Mah Sing new property sales last year highest since 2015

KUALA LUMPUR: Mah Sing Group Bhd achieved property sales of…

4 Min Read
Ringgit eyes RM4.36 next week as Trump’s trade shift lifts optimism

KUALA LUMPUR, Feb 22 — The ringgit is expected to…

3 Min Read
Keep it on the DL — China tells bankers to stop showing off wealth

SHANGHAI, March 10 — China’s securities association has introduced draft…

1 Min Read
Ringgit rebounds against US dollar as weak US data fuels rate cut bets

KUALA LUMPUR, Feb 26 — The ringgit rebounded against the US dollar…

3 Min Read
Petronas Gas posts higher FY2024 net profit of RM1.84b, declares 22 sen dividend

KUALA LUMPUR, Feb 21 — Petronas Gas Bhd (PGB) recorded a higher…

2 Min Read
ESG landscape in Malaysia set for major shifts: ESGpedia

PETALING JAYA: Malaysia’s environmental, social, and governance (ESG) landscape is set for…

4 Min Read
Hi Mobility gears up for expansion in Klang Valley, eyes opportunities in Sabah and Sarawak

KUALA LUMPUR: Main Market-bound Hi Mobility Bhd is setting its sights on…

4 Min Read

Editor's Pick

Trump-Zelensky clash in White House adds to market jitters

WASHINGTON, March 1 — Ukrainian President Volodymyr Zelenskiy is leaving the White House early on Friday after a contentious Oval…

7 Min Read
Stocks in Asia bounce back on China’s stimulus plans

HONG KONG, March 5 — Asian markets were mostly up Wednesday as…

3 Min Read
Malaysian crypto sector buoyed by Trump’s ‘strategic reserve’ move

PETALING JAYA: US President Donald Trump’s recent announcement of a US Crypto…

3 Min Read

Oponion

Bank Islam targets at least 10% increase in financial portfolio by end of year

KUALA LUMPUR: Bank Islam Malaysia Bhd, in collaboration with Mastercard,…

Malaysian SMEs must adapt and innovate, says Exponasia Growth Founder

PETALING JAYA: Small and medium-sized enterprises have long been the backbone of Malaysia’s economy, contributing nearly 38% to gross domestic…

5 Min Read

Scientex Q2 revenue increases to RM1.11 billion, supported by property division

PETALING JAYA: Packaging manufacturer and property developer Scientex Bhd reported revenue of RM1.11 billion for the second quarter ended Jan…

2 Min Read

Malaysia’s Asean chairmanship opens opportunities for German businesses

KUALA LUMPUR: Malaysia’s Asean chairmanship this year presents a key opportunity for businesses in Malaysia and Germany to strengthen trade…

3 Min Read

Malaysian manufacturing sector sales reach RM158 billion in January

PETALING JAYA: The sales value of the manufacturing sector in January 2025 increased 3.5% year-on-year to RM158.1 billion (December 2024:…

3 Min Read

Most businesses intrigued by digital technologies

KUALA LUMPUR: Over three quarters of businesses 76% across Asia, Europe and the Middle East are intrigued by the potential…

5 Min Read

BAuto posts Q3 profit before tax of RM34.8m, declares 1.75 sen interim dividend

PETALING JAYA: Bermaz Auto Bhd (BAuto) reported lower group revenue and profit before tax (PBT) of RM602.1 million and RM34.8…

4 Min Read

Ringgit closes lower against greenback ahead of US inflation data

KUALA LUMPUR, March 12 — The ringgit closed lower against the US dollar on Wednesday on caution ahead of US…

3 Min Read

Frontiercity @ Ainsdale second phase take-up gathers momentum

SEREMBAN: Following the success of Phase 1, Frontiercity @ Ainsdale announced that Phase 2 is now selling fast, reaffirming its…

3 Min Read

Gamuda Land’s The Clove Phase 1 Park Homes sold out

PETALING JAYA: Gamuda Land announced the success of The Clove, its newly introduced “Park Homes” typology, achieving a 100% take-up…

4 Min Read

Solarvest collaborates with A1Health on RE adoption

KUALA LUMPUR: Solarvest Holdings Bhd has partnered with Asia OneHealthcare group (A1Health) to accelerate renewable energy (RE) adoption in Malaysia’s…

2 Min Read

AirBorneo to acquire new ATR 72-600 aircraft for RAS ops

KUCHING: Sarawak is making arrangements to acquire new ATR 72-600 aircraft for its rural air services (RAS) operations, said State…

2 Min Read

FBM KLCI tumbles 35.32 points amid investor jitters over US trade policies

KUALA LUMPUR, March 12 — The FTSE Bursa Malaysia KLCI (FBM KLCI) continued its decline, breaching the key support level…

5 Min Read

IJM buys 143-year lease of London’s Finsbury Circus for RM407.9m, eyes UK expansion

KUALA LUMPUR, March 12 — IJM Corporation Bhd has secured a 143-year leasehold interest in the historic 1-5 London Wall…

2 Min Read

Tech giants and Toyota lead the way in record pay hikes for Japanese workers

TOKYO, March 12 — Many of Japan’s biggest companies from tech conglomerates to Toyota have met union demands for substantial…

5 Min Read

Ambani’s Jio joins forces with Musk’s SpaceX for Starlink across India

MUMBAI, March 12 — Indian billionaire Mukesh Ambani’s Jio Platforms said Wednesday it had signed a deal with Elon Musk’s…

3 Min Read

Wholesale, retail trade up 4.6% y-o-y to RM148.9 billion in Jan

KUALA LUMPUR: Malaysia’s wholesale and retail trade sector began the year with total sales of RM148.9 billion in January, a…

2 Min Read