Newsfeed – Business News
More than US dollar’s fall behind ringgit’s rise
THE ringgit’s appreciation trend is compelling, marking a significant reversal from years of weakness, signalling a clear shift toward greater macroeconomic stability and enhanced confidence in Malaysia’s economic trajectory, driven […]
Matrix Concepts earnings outlook remains positive
PETALING JAYA: MBSB Research expects Matrix Concepts Holdings Bhd’s earnings outlook to remain positive, underpinned by solid contributions from its property developments in Negri Sembilan and growing contributions from projects […]
POIC Sabah to enhance structural competitiveness
PETALING JAYA: The Palm Oil Industrial Cluster (POIC) in Lahad Datu, Sabah is a strategic long-term structural enabler for the state’s plantation ecosystem, strengthening logistics efficiency, policy-aligned downstream development and […]
Higher earnings expected for PBB
PETALING JAYA: A higher dividend payout ratio of 60% is expected from Public Bank Bhd (PBB), with a possible capital optimisation exercise in the near future. Read full story Date: […]
Gamuda shares slide amid earnings reset
PETALING JAYA: Gamuda Bhd’s two-year profit forecasts have been slashed in light of slower revenue recognition from Malaysian construction works and a delayed Hanoi property launch. Read full story Date: […]
Express Powerr secures contracts worth RM8.3mil for a public transportation project in Sarawak
PETALING JAYA: Express Powerr Solutions (M) Bhd has accepted three letters of awards for the supply, installation, testing and commissioning of generator sets for a public transportation project in Sarawak […]
MSPO certification rate for oil palm estates reaches 90%
KUALA LUMPUR: About 90 per cent of estates in the palm oil sector have obtained the Malaysian Sustainable Palm Oil (MSPO) certification, while independent smallholders have reached 85 per cent, […]
Ann Joo to dispose of its 51% stake in waste management firm for RM15mil
PETALING JAYA: Ann Joo Resources Bhd is proposing to dispose of its 51% stake in Bumi Segar Indah Sdn Bhd (BSI) to Ng Kwok Siong and DSI Northern Source Sdn […]
Malaysian firms urged to tap opportunities in rapidly expanding Indian market
KUALA LUMPUR: Malaysian businesses are encouraged to explore opportunities across various sectors in India, including semiconductor, energy and agriculture, following the elevation of bilateral ties to a comprehensive strategic partnership […]
Ringgit higher against US dollar on strong December IPI
KUALA LUMPUR: The ringgit traded higher against the US dollar on Monday after Malaysia’s December Industrial Production Index (IPI) came in above market expectations, signalling that the domestic economy remains […]