Newsfeed – Business News
TNB granted leave for judicial review on RM291.6mil tax bill
PETALING JAYA: The High Court granted leave to Tenaga Nasional Bhd (TNB), through its subsidiary TNB Western Energy Bhd, to commence judicial review against the Inland Revenue Board (IRB) in […]
Ringgit ends higher ahead of US tariff negotiation deadline
KUALA LUMPUR: The ringgit closed higher against the US dollar on Tuesday, amid a mixed performance in regional currencies, as investors adopted a wait-and-see approach ahead of the United States (US) […]
SC Estate Builder sells Alor Setar land for RM8.8mil
PETALING JAYA: SC Estate Builder Bhd is disposing of a piece of land in Alor Setar, Kedah, measuring 5,834 sq metres to Novium Pinnacle Sdn Bhd for RM8.8mil. Read full […]
Senheng appoints Lim Kim Heng as managing director, effective Aug 1
KUALA LUMPUR: Senheng New Retail Bhd has appointed Lim Kim Heng, 64, as managing director, effective Aug 1, 2025. Read full story Date: 22 July, 2025 7:02 pm Source: thestar.com.my
Bank Islam, OpusAM partner to offer Shariah-compliant investments
KUALA LUMPUR: Bank Islam Malaysia Bhd and Opus Asset Management Sdn Bhd (OpusAM) signed a memorandum of understanding (MoU) to form a strategic partnership aimed at providing a suite of […]
Pavilion REIT 2Q net profit climbs to RM79mil
PETALING JAYA: Pavilion Real Estate Investment Trust (Pavilion REIT) reported a higher net profit of RM78.66mil for the second quarter ended June 30, 2025 (2Q25), up from RM67.12mil a year […]
Gobind: Data centre framework ensures holistic policy, development
KUALA LUMPUR: The data centre framework to be developed by the Ministry of Digital through the Data Centre Task Force (DCTF) will ensure that data centre development policy and implementation […]
Thailand’s next central bank chief champions rate cuts to revive growth
BANGKOK: Vitai Ratanakorn, the incoming governor of the Bank of Thailand, by his own admission, will start his new job in October at a difficult time. Read full story Date: 22 […]
FBM KLCI falls for second day on cautious sentiment
KUALA LUMPUR: The FBM KLCI gave up early gains to end lower for the second straight day on Tuesday, weighed down by cautious sentiment and the absence of fresh catalysts. […]
Singapore’s Temasek Holdings mandates four banks for offshore renminbi bonds
SINGAPORE: Singapore’s Temasek Holdings has mandated multiple banks for the proposed issuance of 5-year, 10-year and 30-year offshore renminbi multi-tranche bonds, according to an announcement on Tuesday. Read full story […]