Newsfeed – Business News
Malaysian durians sell out fast in Hainan after customs shift
SEVERAL hundred people lined up at a supermarket in Haikou, Hainan province, on Thursday to buy imported durians being sold at almost half their usual price, shortly after the launch […]
Yinson unit enters 15-year PPA with Genesis Energy of New Zealand
KUALA LUMPUR: Yinson Holdings Bhd’s indirect wholly owned subsidiary Mt Cass Wind Farm Ltd (MCWFL) has entered into a 15-year power purchase agreement (PPA) with Genesis Energy Ltd from its 94.6 megawatt […]
SSBB launches mandatory offer for Nova Pharma after RM18.19mil stake buy
KUALA LUMPUR: Southern Score Builders Bhd (SSBB) has launched an unconditional mandatory take-over offer to acquire all remaining shares in Nova Pharma Solutions Bhd following its acquisition of a 33.001% […]
Betamek wins six-year Perodua contract worth RM176mil
KUALA LUMPUR: Betamek Bhd’s wholly-owned subsidiary, Betamek Electronics (M) Sdn Bhd (BESB), has received a letter of appointment (LOA) from Perusahaan Otomobil Kedua Sdn Bhd (Perodua) to supply electronic parts […]
Crest Builder secures RM73.9mil mixed-use project subcontract
KUALA LUMPUR: Crest Builder Holdings Bhd’s wholly owned subsidiary, CBTECH (M) Sdn Bhd, has secured a RM73.9mil subcontract for electrical and extra-low voltage services for a mixed-use development in Jalan […]
FBM KLCI steadies by midday as bargain-hunting trims early losses
KUALA LUMPUR: The FBM KLCI recovered some ground by the lunch break, supported by selective bargain-hunting despite lingering caution among investors. Read full story Date: 22 December, 2025 1:00 pm […]
Gold hits record high on Fed rate-cut bets; silver scales fresh peak
GOLD prices surged to a record high on Monday, riding on growing expectations of further U.S. interest rate cuts and strong safe-haven demand, with silver also joining the rally to […]
Malaysia’s inflation rises 1.4% in November, below expectations
KUALA LUMPUR: Malaysia’s inflation rose 1.4% in November 2025, with the consumer price index standing at 135.1, compared with 133.3 in the same month a year earlier, coming in slightly […]
Transition of MASwings operations to airborneo effective Jan 1, 2026
KUALA LUMPUR: The transition of MASwings operations to AirBorneo will take effect on Jan 1, 2026, following the completion of the ownership transfer process under the sale and purchase agreement (SPA) signed […]
Ringgit Asia’s best-performing currency this year, on track to strengthen further in 2026
KUALA LUMPUR: The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by […]