Newsfeed – Business News
PETRONAS defers, cuts capex from this year
Petroliam Nasional Bhd (PETRONAS) activity outlook from 2026 to 2028 shows a bleak period as the national oil and gas giant deferred or cut its capital expenditure (capex), says CGS […]
Nomura bullish on M’sian equities
Malaysia’s equity market outlook remains optimistic, reflected in the strengthening of the ringgit, says global asset management firm Nomura Asset Management Sdn Bhd (NAM Malaysia). Read full story Date: 5 […]
PNB to assess Sunway’s VGO for IJM Corp
Permodalan Nasional Bhd (PNB) will assess Sunway Bhd’s voluntary general offer (VGO) for IJM Corp Bhd based on commercial considerations, offer risks, governance, investment returns, and Sunway’s strategic plans post-acquisition. […]
IOIPG sells industrial land for RM741mil
IOI Properties Group Bhd (IOIPG) has inked an agreement to sell three plots of land at its IOI Industrial Park @ Banting for RM740.68mil. Read full story Date: 5 February, […]
FBM KLCI delivers strong start in January
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) delivered a strong start to 2026, rising for four consecutive weeks to close January at 1,740 points, supported by policy optimism, […]
Proton expands electrification strategy with entry into PHEV segment
KUALA LUMPUR: Proton has expanded its electrification strategy by going into the plug-in hybrid electric vehicle (PHEV) segment, positioning the new Proton e.MAS 7 PHEV as a key offering to […]
Southern Cable secures RM121.1mil variation orders from TNB
PETALING JAYA: Cable and wire manufacturer Southern Cable Group Bhd has secured an additional RM121.1mil worth of orders for its existing contract from Tenaga Nasional Berhad (TNB) for the supply […]
AME REIT optimistic of favourable FY26 performance
PETALING JAYA: AME Real Estate Investment Trust (AME REIT) is optimistic of achieving a favourable performance for its financial year ending March 31, 2026. Read full story Date: 4 February, […]
Ringgit holds steady amid cautious sentiment due to geopolitical risks
KUALA LUMPUR: The ringgit held steady against the US dollar at the close on Wednesday, supported by positive business indicators across Asia, including Malaysia, but tilted down slightly amid cautious market sentiment due […]
PNB to assess Sunway’s VGO for IJM on commercial basis
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) will assess Sunway Bhd’s voluntary general offer (VGO) for IJM Corporation Bhd based on commercial considerations, offer risks, governance, investment returns, and Sunway’s strategic […]