Newsfeed – Business News
Cloudaron plans RM38mil sale of subsidiaries to Sweden’s Abelco
PETALING JAYA: Cloudaron Group Bhd has entered into a non-binding term sheet with Sweden-based Abelco Investment Group AB for the proposed disposal of its entire equity interests in Cloudaron Pte […]
Silver Ridge wins RM16.9mil underground cable job
KUALA LUMPUR: Silver Ridge Holdings Bhd’s 51%-owned subsidiary, Total SR Web 3.0 Sdn Bhd, has secured a RM16.9mil contract from Elektron Berkat Sdn Bhd. Read full story Date: 18 July, […]
Ringgit rebounds to close higher on better-than-expected 2Q GDP forecast
KUALA LUMPUR: The ringgit rebounded from recent losses to end higher against the US dollar on Friday, supported by a better-than-expected forecast of Malaysia’s second quarter growth, which signalled that […]
CIMB Group appoints Syed Zaid as chairman following Nasir’s retirement
KUALA LUMPUR: CIMB Group Holdings Bhd has redesignated Datuk Syed Zaid Syed Jaffar Albar as its independent and non-executive chairman, effective July 20, 2025. Read full story Date: 18 July, […]
Foreign investors remain significant net buyers in 1H25, contribute net inflow of RM21.4bil
KUALA LUMPUR: Foreign investors remained significant net buyers in the first half of 2025, contributing a cumulative net inflow of RM21.4 billion year-to-date June 2025, said RAM Ratings Services Bhd (RAM […]
KTI Landmark bags RM130.6mil contract to build ABM Sabah campus
KUALA LUMPUR: KTI Landmark Bhd has secured a RM130.6mil contract from the Construction Industry Development Board Malaysia (CIDB Malaysia) to construct the Akademi Binaan Malaysia (ABM) Sabah campus in Papar. […]
Pestec denies constructive dismissal of CEO Lim Pay Chuan
KUALA LUMPUR: Pestec International Bhd has announced that Lim Pay Chuan has ceased to serve as group chief executive officer. Read full story Date: 18 July, 2025 6:03 pm Source: […]
Cradle launches initiative to boost Malaysia’s SME innovation
PETALING JAYA: Cradle Fund Sdn Bhd has launched Cradle Innovation Advisory, a strategic partnership initiative to accelerate technological transformation among corporates and small and medium-sized enterprises (SMEs) in Malaysia. Read […]
FBM KLCI extends gains on upbeat GDP data
KUALA LUMPUR: The FBM KLCI rose for the second consecutive day on Friday, supported by positive second-quarter gross domestic product (GDP) data and a mixed regional market backdrop. Read full […]
Asian shares head for best week in months on trade deal hopes; currencies fall
STOCK markets in emerging Asia were headed for their best week in several months on Friday, driven by optimism around trade deals with the United States, and an increasingly dovish […]