Newsfeed – Business News
YTL REIT leases AC Hotel Puchong to YTL Corp unit
KUALA LUMPUR: YTL Hospitality REIT (YTL REIT) has leased its hotel in Puchong, Selangor, now known as AC Hotel Puchong, to Prisma Tulin Sdn Bhd. Read full story Date: 26 […]
Kim Loong reports higher 4Q net profit
PETALING JAYA: Kim Loong Resources Bhd’s net profit for its fourth quarter ended Jan 31, 2026 rose to RM36.03mil from RM22.44mil in the previous corresponding period, while revenue in the […]
Axis-REIT aborts proposed acquisition of RM800mil industrial property
PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) has aborted its proposed acquisition of an industrial property in Seberang Perai, Penang, from Ann Joo Resources Bhd for RM800mil. Read full […]
SC launches FIKRALab to drive development of Islamic capital market products
KUALA LUMPUR: The Securities Commission Malaysia (SC) has launched the ICM Innovation Lab (FIKRALab), a structured co-creation and applied research and development platform to develop new Islamic capital market (ICM) […]
Binastra to sustain growth momentum
PETALING JAYA: Binastra Corp Bhd will remain focused on sustaining growth momentum by executing its existing order book efficiently, while securing new high-value contracts. Read full story Date: 26 March, […]
FBM KLCI ends at day’s low, ringgit hits two-month low
KUALA LUMPUR: The FBM KLCI ended lower after choppy trading, with last-minute selling pushing the index to its intraday low while the ringgit weakened to a two-month low. Read full […]
Margma urges relief measures amid NBR shortage due to Hormuz blockade
KUALA LUMPUR: The Malaysian Rubber Glove Manufacturers Association (MARGMA) has urged the government to introduce temporary relief measures to address a severe shortage of Nitrile Butadiene Rubber latex (NBR), triggered […]
Gold drops 1% as markets assess Mideast ceasefire prospects
GOLD prices fell on Thursday after two consecutive sessions of gains, as investors awaited clearer signs of progress in Middle East de-escalation efforts, the outcome of which could shape the […]
Berjaya Sompo appoints Soo Wai Har as CEO
KUALA LUMPUR: Berjaya Sompo Insurance Bhd has appointed Soo Wai Har as its chief executive officer, effective April 1, 2026. Read full story Date: 26 March, 2026 5:00 pm Source: […]
CIMB named best retail, SME bank in Malaysia by The Asian Banker
KUALA LUMPUR: CIMB Bank Bhd has been named Best Retail Bank in Malaysia and Best SME Bank in Malaysia at The Asian Banker Global Excellence in Retail Finance Awards 2026. […]