Newsfeed – Business News
Pockets of opportunity
Corporate Malaysia is offering very little excitement to investors heading into the second half of 2025 (2H25), after a disappointing first-quarter earnings season and an erratic foreign fund flow trend. […]
Bright Packaging diversifies into oil palm sector
Bright Packaging Industry Bhd has entered into a new joint-venture agreement (JV) with Datai Plantations Sdn Bhd (DPSB) for the purpose of further diversity and increasing its investment in oil […]
UMedic expects rising demand for healthcare
UMediC Group Bhd is optimistic about its growth outlook, backed by strategic initiatives and sustained demand in the healthcare sector, including facility upgrades, medical tourism, and efforts to ease overcrowding. […]
Econpile wins RM43mil LRT contract
Econpile Holdings Bhd has accepted a letter of award from Irama Duta Sdn Bhd to undertake construction work for the Projek Rapid Transit Aliran Ringan (LRT) Pulau Pinang–Laluan Mutiara (Package […]
Paramount still keen on foreign markets
Property developer Paramount Corp Bhd remains committed to overseas property investment amid market uncertainty and Eco World International Bhd’s (EWI) plans to re-enter the Malaysian property scene. Read full story […]
PETRONAS not exiting Canada, says group CEO
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada. Read full story Date: 6 June, 2025 12:07 am Source: thestar.com.my
Ringgit ends higher on weaker US$, cautious inflation outlook
KUALA LUMPUR: The ringgit closed higher against the US dollar on Thursday, supported by a weaker greenback following downbeat United States economic data, as investors shifted into risk-on mode. Read […]
Johor Port invests RM72.3mil in new cranes
JOHOR BAHRU: Johor Port Bhd (Johor Port) has formalised a RM72.3 million purchase of four level luffing cranes with supplier Sany Marine Heavy Industry Co Ltd. Read full story Date: […]
Bursa Malaysia rises for 2nd straight day on continued bargain hunting
KUALA LUMPUR: Bursa Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week’s sell-off, in line with the upbeat performance of regional markets, said an […]
PETRONAS to cut 10% of workforce after profits slump
PETROLIAM Nasional Bhd. will cut about 10% of its workforce in a firm-wide restructuring as the company looks to reduce costs due to falling crude prices and market volatility that […]