Latest
-
Corporate News
PJ Bumi gets nod for factories
PJ Bumi Bhd has secured approval from Majlis Perbandaran Sungai Petani to build 22 units of medium industrial factories in Kedah, with an estimated gross development value of RM40mil.
-
Corporate News
Bumi Armada wins Indonesian job
Offshore energy facilities and services provider Bumi Armada Bhd's wholly owned subsidiary, Armada Kojo BV (AKBV), has signed a production sharing contract (PSC) with Indonesia's Energy and Mineral Resources Ministry for the Kojo PSC in the Makassar Strait located between South Kalimantan and South Sulawesi.
-
Markets
FBM KLCI down for fifth consecutive session
The FBM KLCI extended its decline for a fifth consecutive session yesterday, underscoring a deepening risk-off sentiment across Malaysia's equity market, says an analyst.
-
Corporate News
Amway warns of pressure on revenue, profit
Amway (M) Bhd expects the prevailing challenging business environment to continue weighing on its revenue and profitability.
-
Corporate News
Pos Malaysia posts softer 1Q25 results
Pos Malaysia Bhd has continued its streak of losses, posting a net loss of RM41.52mil for the first quarter ended March 31, 2025 (1Q25) compared to a net loss of RM19.68mil for the same quarter a year ago.
-
Corporate News
Sarawak Plantation records higher 1Q25 net profit
Sarawak Plantation Bhd expects the global economic outlook to remain uncertain following reciprocal tariffs announced by the United States in April 2025.
-
Forex
Ringgit gains against dollar
The ringgit ended higher yesterday as concerns over the fiscal health of the United States continued to weigh on the greenback.
-
Corporate News
DC Healthcare narrows loss as revenue up 89%
DC Healthcare Holdings Bhd remains focused on delivering sustainable growth through several strategic pillars.
-
Economy
Miti to unveil incentives to spur semiconductor sector
The Investment, Trade and Industry Ministry (Miti) is creating targeted incentives aimed at further boosting the growth of the local semiconductor industry, says its minister, Tengku Datuk Seri Zafrul Abdul Aziz.
-
Corporate News
BHIC, Airbus Helicopters may collaborate as industrial partnership in Malaysia
KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd (BHIC) has entered into a memorandum of understanding (MoU) with Airbus Helicopters for potential collaboration as an industrial partnership in Malaysia.
-
Corporate News
Pos Malaysia posts wider net loss of RM41.5mil in 1Q
PETALING JAYA: Pos Malaysia Bhd has continued its streak of losses, posting a net loss of RM41.52mil for the first quarter ended March 31, 2025 compared to a net loss of RM19.68mil for the same quarter a year ago.
-
Corporate News
Sarawak Plantation records higher 1Q25 earnings
PETALING JAYA: Sarawak Plantation Bhd (SPB) expects the global economic outlook to remain uncertain following reciprocal tariffs announced by the US in April 2025.
-
Corporate News
DC Healthcare narrows loss, revenue rises 89% in 1Q25
KUALA LUMPUR: DC Healthcare Holdings Bhd remains focused on delivering sustainable growth through several strategic pillars.
-
Corporate News
Bumi Armada secures production sharing exploration contract in Makassar, Indonesia
KUALA LUMPUR: Bumi Armada Bhd wholly-owned subsidiary Armada Kojo BV has inked a production sharing contract (PSC) with Indonesia's Energy and Mineral Resources Ministry for the exploration block in Makassar Strait, Indonesia (Kojo PCS).
-
Corporate News
Amway warns of continued profit pressure amid tough business environment
KUALA LUMPUR: Amway (M) Bhd expects the prevailing challenging business environment to continue weighing on its revenue and profitability.
-
Forex
Ringgit ends higher against greenback on concerns over US fiscal health
KUALA LUMPUR: The ringgit ended higher on Wednesday as concerns over the fiscal health of the United States continued to weigh on the greenback.
-
Corporate News
Hup Seng’s 1Q profit slips 24%, stays focused on efficiency and expansion
KUALA LUMPUR: Hup Seng Industries Bhd remains cautiously optimistic about its outlook for the rest of the year, despite anticipating a highly competitive operating environment amid ongoing global uncertainties, including developments in US trade policy.
-
Corporate News
PJBumi gets nod for RM40mil GDV Kedah factories
KUALA LUMPUR: PJBumi Bhd has secured approval from the Majlis Perbandaran Sungai Petani to build 22 units of medium industrial factories in Kedah, with an estimated gross development value (GDV) of RM40 million.
-
Markets
Federal Court upholds insider trading ruling against former Patimas deputy chairman
PETALING JAYA: The Federal Court has unanimously dismissed former Patimas Computers Bhd deputy chairman Datuk Raymond Yap Wee Hin's application for leave to appeal.
-
Corporate News
S P Setia remains resilient in 1Q25, aims for RM4.8bil in FY25 sales
PETALING JAYA: Property developer S P Setia Bhd recorded a profit before tax of RM141mil and a net profit after tax of RM89mil for the first quarter ended March 31, 2025 (1Q25) mainly attributable to operational efficiency and effective cost management.
