Newsfeed – Business News
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
KUALA LUMPUR: Kenanga Investment Bank Bhd today revised its 2026 gross domestic product (GDP) growth forecast to 4.5 per cent from 4.2 per cent to reflect stronger-than-expected momentum in 2025, […]
Vestland secures RM602mil construction contracts
KUALA LUMPUR: Vestland Bhd’s wholly-owned subsidiary, Vestland Resources Sdn Bhd has received contracts amounting to RM602mil from Sg Besi Construction Sdn Bhd and Mercu Majuniaga Sdn Bhd. Read full story […]
MN Holdings wins RM122.7mil contracts for data centre power works
KUALA LUMPUR: MN Holdings Bhd’s wholly owned subsidiary, MN Utilities Engineering Sdn Bhd, has accepted four letters of appointment (LOAs) with a total contract value of RM122.7mil for the supply […]
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
KUALA LUMPUR: TH Plantations Bhd (THP) has commissioned the 1.2 megawatt (MW) Cenergi Lawiang Biogas Power Plant with Cenergi SEA Bhd (Cenergi) in a significant development to advance waste-to-energy solutions in the […]
Exsim’s unit gets RM2.36mil job in an RPT deal
KUALA LUMPUR: Exsim Hospitality Bhd’s wholly owned subsidiary Exsim Concepto Sdn Bhd has been awarded a RM2.36mil contract for the renovation, interior design and build works for Kebun Teh phase […]
Binastra wins RM1.18bil building, infrastructure contracts in Johor
KUALA LUMPUR: Binastra Corporation Bhd’s wholly owned subsidiary, Binastra Builders Sdn Bhd, has accepted two letters of award from Exsim Lumba Kuda Sdn Bhd for main building and infrastructure works […]
M&G enters JV to expand vessel maintenance and repair services
KUALA LUMPUR: Marine & General Bhd (M&G) said its subsidiaries have entered into a joint venture agreement to undertake vessel maintenance, repair and docking-related businesses. Read full story Date: 16 […]
Indonesia’s B50 delay opens short-term export window for Malaysian palm oil
KUALA LUMPUR: Indonesia’s decision to delay the implementation of the B50 biodiesel mandate presents Malaysia with a short-term opportunity to increase palm oil exports as the commodity’s price is kept stable by […]
FBM KLCI retreats on profit-taking despite stronger GDP data
KUALA LUMPUR: The local bourse moved into negative territory as investors took some money off the table following the recent rally, snapping a five-day winning streak amid mixed performance across […]
CPO to trade around RM4,000 a tonne in 2026, according to Kenanga
KUALA LUMPUR: Kenanga Investment Bank Bhd expects crude palm oil (CPO) to trade around RM4,000 per tonne over 2026 from RM4,308 in 2025 on the back of a still-tight global edible oil supply despite a […]