"Business"
Latest
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Corporate News
AWC wins RM15mil S’pore job
PETALING JAYA: AWC Bhd has received a letter of acceptance from the Housing & Development Board of Singapore or HDB for the design, build and operation of a pneumatic waste conveyance system or PWCS at Project EW & FM in Singapore, worth S$4.65mil (RM14.8mil).
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Corporate News
99 Speed Mart 3Q earnings jump
PETALING JAYA: A healthy expansion of outlets, a variety of government social assistance initiatives and steady domestic spending resulted in much stronger earnings for 99 Speed Mart Retail Holdings Bhd for the third quarter ended Sept 30, 2025 (3Q).
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Telcos
Higher costs weigh on CelcomDigi’s performance
PETALING JAYA: CelcomDigi Bhd has posted a lower net profit of RM341.23mil during the third quarter ended Sept 30, 2025 (3Q25), compared to RM436.98mil in the same period last year.
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Insight
Pollen, perfume and palm oil: A love story
IN a world ruled by Instagram reels, YouTube shorts and ChatGPT prompts, attention spans are now officially shorter than a pollen lifespan.
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Corporate News
TH Plantations appoints new CEO
PETALING JAYA: TH Plantations Bhd (THP) has appointed Datuk Borhan Bachi, 59, as its chief executive officer (CEO).
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Corporate News
Infomina bags RM66mil govt contract
PETALING JAYA: Infomina Bhd has accepted a letter of consent from the Home Affairs Ministry (KDN) worth RM66.13mil to provide technology infrastructure operations, maintenance and support services to the National Registration Department (JPN).
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Corporate News
MNRB sees brighter outlook after strong 2Q
PETALING JAYA: MNRB Holdings Bhd reported double-digit year-on-year (y-o-y) growth in its bottom line for the second quarter of financial year 2026 (2Q26) and anticipates a better outlook ahead.
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Insight
Why Indonesia’s clean energy still feeds on old inequalities
INDONESIA'S biodiesel programme is widely celebrated as a national success story, a clean-energy solution built on local resources and financed by our own palm-oil industry.
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Analyst Reports
Stabilising prices, cost controls to buoy CSC Steel
PETALING JAYA: CSC Steel Holdings Bhd remains cautiously optimistic about the outlook for the steel sector, driven by improving global dynamics and evolving domestic cost structures.
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Property
IOIPG’s REIT listing expected to unlock value
PETALING JAYA: IOI Properties Group Bhd (IOIPG) is expected to enter a new phase of growth as it prepares to unlock sizeable embedded asset value through a planned real estate investment trust (REIT) listing that could reshape the group's capital structure and earnings trajectory.
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Business
Green energy transition investment cycle to spur MMHE performance
PETALING JAYA: Malaysia Marine & Heavy Engineering Bhd (MMHE) will continue to ride on the green energy transition investment cycle, particularly through its growing involvement in carbon capture and storage (CCS) projects.
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Business
Teal Asia embarks on cervical cancer elimination campaign in M’sia
KUALA LUMPUR: Teal Asia, Malaysia's first peer-to-peer cervical cancer support movement, has kicked off its week-long campaign to bring awareness around cervical cancer elimination in Malaysia.
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Corporate News
Geohan Corp to raise RM73mil from listing
KUALA LUMPUR: Geohan Corp Bhd intends to stay ahead of the competition by investing significantly into its machineries, as the group continues making headway in the domestic foundation and geotechnical engineering sector.
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Corporate News
Northern Solar second-quarter net profit rises
PETALING JAYA: Northern Solar Holdings Bhd has posted a higher profit of RM4.22mil for the second quarter ended Sept 30, 2025 compared to the RM3.66mil in the same quarter a year ago.
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Forex
Ringgit ends lower as Fed signals steady rates
KUALA LUMPUR: The ringgit declined against the US dollar yesterday as expectations for a United States interest rate cut in December have diminished.
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Corporate News
Keyfield to sell workboat to Petro Laut for RM152mil
PETALING JAYA: Keyfield International Bhd is disposing of a six-year old dynamic positioning 2 accommodation workboat (DP2 AWB), Keyfield Compassion (CPS), to Petro Laut Sdn Bhd (PLSB) for RM151.9mil.
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Auto
Tan Chong’s Perodua deal viewed favourably
PETALING JAYA: Tan Chong Motor Holdings Bhd's contract assembling deal with Perusahaan Otomobil Kedua Sdn Bhd (Perodua) will contribute to its income, but analysts expect the former to remain a loss-making company for the immediate future due to the challenging market environment.
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Corporate News
EPF nine-month investment income up 11%
PETALING JAYA: The Employees Provident Fund (EPF) is signalling that members should tone down their expectations for the final quarter of 2025, even after posting one of its strongest nine-month investment incomes in recent years.
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Economy
Yearly growth to hit upper forecast range
PETALING JAYA: Economic growth for the year is likely to be in the upper end of the government's forecast of 4.3% to 4.8%, supported by resilient domestic consumption amid continued benefits from the rollout of infrastructure projects.
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Corporate News
Kitacon secures RM61mil job to build factories
PETALING JAYA: Kumpulan Kitacon Bhd's wholly-owned subsidiary, Kitacon Sdn Bhd, has accepted RM60.81mil letter of award from Sime Darby Property (Lagong) Sdn Bhd for main building works at Taman Perdagangan Elmina in Rawang, Selangor.

