Newsfeed – Business News
Malakoff announces extension of 2,082GW gas power supply
KUALA LUMPUR: Three gas power plants belonging to Malakoff Corp Bhd with an aggregate capacity of 2,082MW have been selected for the extension of their operaitons until Dec 31, 2029. […]
Westports’ FY25 net profit jumps to RM998.31mil, declares 11.92c interim div
KUALA LUMPUR: Westports Holdings Bhd is projecting a single-digit growth rate in container volume in 2026 as the global economy sustains its positive growth momentum. Read full story Date: 30 […]
Steel Hawk unit bags four subcontracts for TNB works valued at combined RM41.34mil
KUALA LUMPUR: Steel Hawk Bhd’s wholly-owned subsidiary Steek Hawk Engineering Sdn Bhd has secured four subcontracts from Ibrahim & Sons Engineering Sdn Bhd for electrical infrastructure works for Tenaga Nasional […]
IDX chief resigns amid market turbulence
JAKARTA: Indonesian Stock Exchange (IDX) president director Iman Rachman has resigned following two days of market turbulence. Read full story Date: 30 January, 2026 1:00 pm Source: thestar.com.my
Oil slips, but set for biggest monthly gain in years on geopolitical risks
SINGAPORE: Oil prices slipped more than 1% on Friday from multi-month highs, though they are set for their most substantial gains in years, as the risk premium surged due to […]
Fast-growing Melaka needs a more structured credit recovery sector, says industry association
MELAKA’S economic growth and rising foreign direct investments (FDIs) require a more structured, clearly regulated credit recovery sector to support the state’s financial ecosystem, says a stakeholder. Read full story […]
Blue chips bounce back with banks in the lead
KUALA LUMPUR: Malaysia’s blue-chip index bounced back on Friday after a steep bout of profit-taking that took 1.5% off its value in the previous session. Read full story Date: 30 […]
Ringgit rebounds to 3.9190 vs greenback on US uncertainties
KUALA LUMPUR: The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief […]
Strong 2025 passenger demand masks ongoing capacity constraints – IATA
KUALA LUMPUR: The global air passenger market in 2025 saw strong demand and robust growth but masked ongoing capacity constraints in the airline industry due to decarbonisation challenges and supply […]
Hock Soon expansion to mitigate removal of govt subsidies – Malacca Securities
KUALA LUMPUR: Malacca Securities has pegged a target price of 66 sen on Hock Soon Capital Bhd, representing a 10% premium over the initial public offering (IPO) price of the […]