Newsfeed – Business News
Asean accelerates de-dollarisation
WHENEVER he travels around the Southeast Asian region or to China, Malaysian private equity investor Ian Yoong Kah Yin always uses his e-wallet to settle all payments. Yoong, a former […]
Bursa Malaysia higher at midday, buoyed by buying activities
KUALA LUMPUR: Bursa Malaysia stayed higher at midday, driven by consistent buying activities in selected heavyweights, led by the construction, industrial products and services, and financial services counters. Read full […]
3REN subsidiary to undertake Invest Penang incentives package
KUALA LUMPUR: 3REN Bhd’s wholly-owned subsidiary Sophic Automation Sdn Bhd has inked a memorandum of understanding with regards to its acceptance of a financial incentives package from Invest-In-Penang Bhd for […]
MIMOS appoints Saat Shukri as new president, group CEO
KUALA LUMPUR: MIMOS Bhd has appointed Saat Shukri Embong as its president and group chief executive officer (CEO), effective July 14, 2025. Read full story Date: 18 July, 2025 2:02 […]
Oil extends gain on Iraq outages, tight market supports
SINGAPORE: Oil prices extended gains on Friday, underpinned by supply concerns following drone attacks on northern Iraqi oilfields and tight market fundamentals amid healthy summer demand. Read full story Date: […]
Malaysia’s overall trade rises 4.8% in 1H to RM1.47 trillion
KUALA LUMPUR: Malaysia’s exports in June declined 3.5% year-on-year (y-o-y) to RM121.72bil, amid a decrease in shipments of manufacturing and mining goods during the month. Read full story Date: 18 […]
MRT3 developments boosts construction sector outlook, contract awards expected by 2027
KUALA LUMPUR: Investment banks remain optimistic about the construction sector following more clarity and the latest developments involving the Mass Rapid Transit 3 (MRT3) project. Read full story Date: 18 […]
Malaysia’s economy grew 4.5% y-o-y in Q2, advance estimates show
KUALA LUMPUR: Malaysia’s economy grew 4.5% in the second quarter from a year earlier, official advance estimates showed on Friday, sustaining the pace of the previous quarter as strong domestic […]
New ACE Market listing Enproserve rises 8% at open
KUALA LUMPUR: Shares in mechanical and engineering services firm Enproserve Bhd jumped 8.33% for a strong start to its first day of public-listed trading on the ACE Market of Bursa […]
Asian shares track Wall Street higher, yen weak ahead of Japan vote
SYDNEY: Asian shares tracked Wall Street higher on Friday as still-strong U.S. economic data and robust corporate earnings offset tariff worries, while the yen headed toward a second successive week […]