Newsfeed – Business News
Bank Negara to adopt MYOR-i as mandatory Islamic benchmark rate from July 2027
KUALA LUMPUR: Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a […]
World Bank positive on Malaysia’s fiscal consolidation strategy
KUALA LUMPUR: The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026. […]
Ringgit ends lower as dollar firms on trade concerns
KUALA LUMPUR: The ringgit slipped against the US dollar at Monday’s close, reflecting renewed strength in the greenback amid lingering trade tensions between the United States and China. Read full […]
Rohas Tecnic subsidiary bags RM28.67mil contract from TNB
KUALA LUMPUR: Rohas Tecnic Bhd’s 86.8%-owned subsidiary HG Power Transmission Sdn Bhd has secured a RM28.67mil contract from Tenaga Nasional Bhd for works at the 275KV bulk supply (data centre) […]
THMY IPO oversubscribed 35.57 times ahead of ACE Market debut
KUALA LUMPUR: THMY Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 35.57 times ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd, scheduled for […]
Northport records highest-ever monthly conventional cargo throughput in September
KUALA LUMPUR: Northport (Malaysia) Bhd recorded its highest-ever monthly conventional cargo throughput of 1,327,883 freight weight tonnes (FWTs) in September 2025. Read full story Date: 13 October, 2025 7:01 pm […]
Bursa Malaysia tracks regional downturn amid fresh US-China trade spat
KUALA LUMPUR: Bursa Malaysia ended lower today in line with the regional downturn as renewed United States-China trade tensions weighed on sentiment. Read full story Date: 13 October, 2025 7:01 […]
NIISE contract sum revised to RM1.05bil – HeiTech Padu
KUALA LUMPUR: The value of HeiTech Padu Bhd’s contract for the National Integrated Immigration System (NIISe) project has been revised to RM1.05 billion from RM892.19 million. Read full story Date: […]
Omesti subsidiary seals RM30.31mil contract for Immigration Dept LAN, ICT services
KUALA LUMPUR: Omesti Bhd said its 49% indirect-owned subsidiary Formis Network Services Sdn Bhd has accepted a RM30.31mil contract from the Ministry of Home Affairs for preventive and corrective maintenance […]
Genting makes RM6.74bil privatisation bid for Genting Malaysia
KUALA LUMPUR: Genting Bhd has made a conditional voluntary take-over offer for all the shares in Genting Malaysia Bhd it does not already own for RM2.35 per share. Read full […]