Newsfeed – Business News
Singles Day sales surge 14.2% to record US$238bil
ONLINE retail sales across comprehensive e-commerce platforms, instant retail and community group buying during this year’s Singles Day shopping festival reached 1.695 trillion yuan ($238.3 billion), an increase of 14.2 […]
ACE Market-bound BMS Holdings eyes RM80.08mil proceeds from IPO
KUALA LUMPUR: BMS Holdings Bhd, a retailer and distributor of tiles, stone surfaces, bathware and kitchenware, aims to raise RM80.08 million from its initial public offering (IPO) in conjunction with its listing […]
Citaglobal unit undertakes RM628mil water supply project in Selangor
KUALA LUMPUR: Citaglobal Bhd said its wholly-owned subsidiary Citaglobal Land Sdn Bhd has accepted an award from the Water Supply Department for RM628mil, to be the contractor for the dual-function […]
Steel Hawk subsidiary bags RM35.04mil data centre electrical job
KUALA LUMPUR: Steel Hawk Bhd via its wholly-owned subsidiary Steel Hawk Engineering Sdn Bhd has secured a RM35.04mil contract from Binalite Electrical Engineering Sdn Bhd to establish a 275kV bulk […]
Singapore to trial tokenised bills, bring in stablecoin laws, central bank chief says
SINGAPORE: Singapore’s central bank will hold trials to issue tokenised MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a […]
Malaysia, Singapore, Indonesia begin talks on trilateral cooperation for JS-SEZ
KUALA LUMPUR: Malaysia, Singapore and Indonesia have begun discussions on the Johor-Singapore Special Economic Zone (JS-SEZ) trilateral cooperation, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul […]
Foodie Media inks collaboration with Taobao, W Talent
KUALA LUMPUR: Foodie Media Bhd’s wholly-owned digital media agency Good Foodie Media Sdn Bhd has entered into a partnership with Alibaba Group’s Taobao, and influencer and livestream agency W Talent […]
Bank of Japan aims for wage-driven inflation, aligns with government view
TOKYO: Bank of Japan Governor Kazuo Ueda said the central bank is aiming for moderate inflation accompanied by wage rises and economic improvement, signalling that its goal aligns with Prime […]
MoF appoints Ahmad Hizzad as Labuan FSA chairman
LABUAN: The Ministry of Finance (MoF) has appointed Datuk Ahmad Hizzad Baharuddin as chairman of the Labuan Financial Services Authority (Labuan FSA) for a two-year term from Nov 15, 2025 […]
Strong domestic demand to lift Malaysia’s 3Q GDP to 5.1% – MBSB IB
KUALA LUMPUR: MBSB Investment Bank Bhd (MBSB IB) expects Malaysia’s gross domestic product (GDP) to expand 5.1 per cent year-on-year (y-o-y) in the third quarter of 2025 (3Q 2025), up […]