Newsfeed – Business News
UAE firm seeks investors for US$6bil US plant
Emirates Global Aluminium (EGA) is looking for equity partners for its planned aluminium plant in the United States. Read full story Date: 18 December, 2025 6:00 am Source: thestar.com.my
Better outlook for Hiap Teck on strong 1Q earnings
Hiap Teck Venture Bhd had a decent start to its financial year 2026 (FY26) with its first-quarter (1Q) performance coming in better than expected, according to Hong Leong Investment Bank […]
Telco profits hinge on effective cost management
Telecommunications companies (telcos) need to have the right cost structure to significantly improve profitability, given the limited avenues to substantially increase revenue. Read full story Date: 18 December, 2025 5:00 […]
Velesto rig sale price tag fair
Analysts continue to like Velesto Energy Bhd due to its strong free cash flow trajectory, rig utilisation which is expected to be stronger and the group’s ability to pay above […]
Scientex posts higher 1Q net profit of RM143mil
Scientex Bhd has posted a higher bottomline in the first quarter of its financial year ending July 31, 2026 (1Q26) on the back of improved revenue across both its packaging […]
Top Glove ramps up competitiveness
Top Glove Corp Bhd, the world’s largest rubber glove manufacturer, believes its cost-control initiatives have lowered expenses to the extent that it is now on par and competitive with Chinese […]
Ringgit snaps four-day gains to end marginally lower vs US$
KUALA LUMPUR: The ringgit snapped four consecutive days of gains to close slightly lower against the US dollar on Wednesday as some traders took profit. Read full story Date: 17 […]
SIlver Ridge unit to supply laptops to MOE for RM42.88mil
KUALA LUMPUR: Silver Ridge Holdings Bhd (SRHB) via its wholly-owned subsidiary Silver RIdge Sdn Bhd has won a contract for the provision of laptops on a lease-to-own basis for teachers […]
Jati Tinggi-Idiqa JV to undertake RM117.17mil TNB job
KUALA LUMPUR: Jati Tinggi Group Bhd’s wholly-owned subsidiary Jati Tinggi Holding Sdn Bhd in collaboration with Idiqa Holding Sdn Bhd has accepted a RM117.17mil contract from Tenaga Nasional Bhd to […]
Silver climbs to US$65 for first time; gold rises as US unemployment rate rises
SILVER surged past $65 an ounce to record highs on Wednesday, while gold advanced after softer-than-expected U.S. jobs data signalled a cooling labour market, fuelling bets on more interest rate […]