Newsfeed – Business News
SkyWorld Development acquires Mont Kiara land for RM110mil
KUALA LUMPUR: SkyWorld Development Bhd’s wholly-owned subsidiary Rimba Maju Realiti Sdn Bhd, has acquired a parcel of freehold land in Kuala Lumpur from MS Tan Corp Sdn Bhd for RM110mil. […]
CLMT records 7.6% DPU growth in 1Q to 1.28 sen
KUALA LUMPUR: CapitaLand Malaysia Trust (CLMT) continued to gain momentum in the first quarter ended March 31, 2025 (1QFY25), leading to a 7.6% year-on-year increase in distribution per unit to […]
Paragon Globe unit to dispose of JB land for RM19.23mil
KUALA LUMPUR: Paragon Globe Bhd’s wholly-owned subsidiary PGB Landmark Sdn Bhd is proposing to dispose of part of a parcel of freehold land in Tanjung Kupang, Johor Bahru, for RM19.23mil. […]
US tariff: Matrade provides hotline to help local firms get latest information
KUALA LUMPUR: The Malaysia External Trade Development Corporation (MATRADE) is providing the US Tariff Hotline to assist all stakeholders in obtaining the latest and accurate information on the tariffs imposed […]
UK inflation slows before expected jump from April
LONDON: British inflation slowed to its weakest in three months in March and other measures watched by the Bank of England cooled too, but higher bills and employer costs will […]
PETRONAS unit secures additional gas supply via Thailand-Malaysia pipeline
KUALA LUMPUR: Petronas Energy & Gas Trading Sdn Bhd (PEGT) has secured an additional 155 million standard cubic feet per day (mmscfd) of gas supply via the Trans Thailand-Malaysia gas […]
Shares skid in Asia as Nvidia curbs fan worries, gold surges to record
SYDNEY: Shares fell in Asia on Wednesday as AI darling Nvidia took a hit from U.S. curbs on chip sales to China, highlighting the damage to come in a tit-for-tat […]
Sapura Industrial unveils new corporate identity, sets sights on high value sectors
KUALA LUMPUR: Sapura Industrial Bhd (SIB) has unveiled a new corporate identity as it sets its sights on high-growth sectors such as pharmaceutical manufacturing, mobility solutions, healthcare, Internet-of-Things technologies and […]
Sapura Industrial says largely insulated from US tariffs, monitors indirect impact
KUALA LUMPUR: Sapura Industrial Bhd (SIB) said it remains largely insulated for now from potential exposure to United States (US) tariffs, though it continues to monitor indirect impacts on its […]
Takaful industry distributes RM10.2bil in benefits in 2024 – MTA
KUALA LUMPUR: The Malaysian Takaful industry collectively disbursed a total of RM10.20 billion in benefits to certificate holders in 2024, marking a 16.73 per cent increase from the previous year, […]