Newsfeed – Business News
Ringgit bounces to fresh 14-month high vs US dollar
The ringgit jumped to a fresh 14-month high against the greenback yesterday, hitting 4.120 at the close as the continued anticipation of an interest rate cut by the US Federal […]
CPO prices to reach RM4,200 this month
Crude palm oil (CPO) prices are expected to climb towards RM4,200 per tonne in December, even after easing in November due to a six-year high in local stockpiles. Read full […]
M’sia can retain top spot in Asean for IPOs in 2026
Malaysia is well-positioned to retain its top spot in Asean for initial public offerings (IPOs) and fundraising in 2026, says CGS International Securities Malaysia Sdn Bhd (CGS Malaysia). Read full story […]
Magni-Tech reports higher 2Q net profit
PETALING JAYA: Magni-Tech Industries Bhd’s net profit for the second quarter ended Oct 31, 2025 (2Q26) rose 24.7% to RM32.25mil from RM25.87mil a year earlier, despite a slight drop in […]
Advancecon unit wins second adjudication in ECRL payment dispute
KUALA LUMPUR: Advancecon Holdings Bhd’s wholly owned unit, Advancecon Infra Sdn Bhd (AISB), has secured another favourable adjudication decision against China Communications Construction (ECRL) Sdn Bhd (CCC). Read full story […]
Malaysia well-positioned to retain top spot in Asean for IPO listings, fund raising in 2026
KUALA LUMPUR: Malaysia is well-positioned to retain its top spot in ASEAN for initial public offering (IPO) listings and fundraising in 2026, said CGS International Securities Malaysia Sdn Bhd (CGS Malaysia). […]
Ringgit bounces to fresh 14-month high as US dollar weakens on expected rate cut
KUALA LUMPUR: The ringgit jumped to a fresh 14-month high against the greenback on Wednesday, hitting 4.1200 at the close as the continued anticipation of an interest rate cut by the US Federal […]
Gabungan AQRS to jointly develop Bangi land for project worth RM600mil
PETALING JAYA: Gabungan AQRS Bhd has entered into a joint venture agreement with Rising Charm Sdn Bhd to jointly develop three parcels of land in Bangi, Selangor for a proposed […]
Mida welcomes Tengku Zafrul’s appointment as chairman
KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) has welcomed the appointment of Tengku Datuk Seri Zafrul Abdul Aziz as its new chairman with immediate effect. Read full story Date: 3 December, […]
Wasco bags three-year procurement and construction job
PETALING JAYA: Wasco Bhd has secured a contract from Italy-based Technip Energies Italy S.p.A. to complete the procurement and construction of pre-assembled modules on a remeasurement basis. Read full story […]