Newsfeed – Business News
Ringgit surges for third day, closing at 3.9175 vs US dollar
KUALA LUMPUR: The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the […]
Geohan bags two contracts from Sunway Group totalling RM32mil
PETALING JAYA: Geohan Corp Bhd has accepted two separate letters of award (LOA) from subsidiaries of Sunway Group, with a combined contract value of RM32.2mil. Read full story Date: 28 […]
RAM Ratings upgrades YTL Corp’s ratings to AAA
KUALA LUMPUR: RAM Ratings has upgraded the long-term rating of YTL Corp Bhd’s debt programmes. Read full story Date: 28 January, 2026 8:00 pm Source: thestar.com.my
CLMT reports higher 4Q revenue
PETALING JAYA: Capitaland Malaysia Trust (CLMT) released its results for the fourth quarter (4Q25) and financial year (FY25) ended Dec 31, 2025, and posted a 4Q25 revenue of RM124.6mil, representing […]
OCK to distribute Fujikura’s WTC solutions
PETALING JAYA: OCK Group Bhd has entered into a distributorship agreement with Japan-based Fujikura Ltd to distribute the latter’s Wrapping Tube Cable (WTC) series. Read full story Date: 28 January, […]
Profit-taking pulls FBM KLCI lower after five-day run
KUALA LUMPUR: Profit-taking set in on Wednesday, pulling the FBM KLCI lower after a five-session winning streak, bucking the broader regional uptrend, while the ringgit continued to strengthen. Read full […]
Powerwell wins RM68mil data centre purchase order
PETALING JAYA: Powerwell Holdings Bhd has received a purchase order (PO) in relation to a data centre in Selangor, worth RM68.47mil. Read full story Date: 28 January, 2026 6:00 pm […]
IGB REIT expects retail environment to remain broadly supportive
PETALING JAYA: IGB Real Estate Investment Trust (IGB REIT) expects the retail operating environment entering 2026 to remain broadly supportive, underpinned by resilient domestic consumption, improving consumer purchasing power and […]
PMHA hits record participation as SMEs drive sustainability push
KUALA LUMPUR: The Prime Minister’s Hibiscus Award (PMHA) 2024/2025 recorded its highest participation on record, with 81 companies taking part, driven by increased involvement from small and medium enterprises (SMEs). […]
Ringgit stages comeback, among Asia’s best performers, says World Bank economist
KUALA LUMPUR: The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it […]