"Business"

Latest

1d ago

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.
1d ago

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.
1d ago

Property
S P Setia banking on industrial assets

PETALING JAYA: S P Setia Bhd is preparing for a year of accelerated industrial expansion as it sharpens its development pipeline across Penang, Johor and Vietnam, positioning the business for what analysts describe as a more structurally diversified earnings base.
1d ago

Analyst Reports
OSV market still faces chronic under-investment

PETALING JAYA: The offshore support vessel (OSV) market continues to face chronic under-investment, as the global fleet ages progressively each year.
1d ago

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.
1d ago

Commodities
Upward price support for palm oil next year

PETALING JAYA: Palm oil industry experts have expressed a bullish outlook for the plantation sector driven by tight global supply, strong biodiesel demand, and targeted government interventions.
1d ago

Corporate News
Zamree leaves a stronger, leaner and more inclusive CGC

AFTER serving 11 years in Credit Guarantee Corp Malaysia Bhd (CGC), its president and chief executive officer Datuk Mohd Zamree Mohd Ishak will soon leave the organisation in good stead.
1d ago

Analyst Reports
Press Metal expected to post improved 3Q showing

PETALING JAYA: Press Metal Aluminium Holdings Bhd looks set to book stronger quarter-on-quarter (q-o-q) earnings for the third quarter of this year (3Q25), mainly driven by higher aluminium prices and stable alumina rates, says RHB Research.
1d ago

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.
1d ago

Banking
Public Bank holds steady amid challenging market

PETALING JAYA: Public Bank Bhd (PBB), which reported a 3.65% lower net profit for the third quarter ended Sept 30 (3Q25), says it will remain vigilant in its business approach while continuing to build on its core competencies.
1d ago

Corporate News
Ministry clears Freeport to restart operations

JAKARTA: The Energy and Mineral Resources Ministry has granted PT Freeport Indonesia (PTFI) permission to resume operations at two of its underground mines that were not directly affected by the deadly landslide at the Grasberg Block Cave (GBC) site in Tembagapura, Central Papua.
1d ago

Economy
South Korea set for regulatory overhaul

SEOUL: South Korean president Lee Jae Myung has vowed to remove regulatory barriers to support business activities during a meeting with heads of the country's top conglomerates, held to discuss follow-up measures to the recently closed tariff deal with the United States.
1d ago

Commodities
Nickel pivot sparks legal debate in mining sector

JAKARTA: The government's move to effectively restrict new smelter projects has drawn industry concern over the scope of the smelter moratorium, specifically, whether it applies to companies that secured their business licences before the new rules took effect.
1d ago

Business
EQT billionaire Salata takes on Wall Street titans

HONG KONG: Billionaire investor Jean Eric Salata's first foray into Asia was painful: five write-offs in India and mounting losses worth hundreds of millions of US dollars.
1d ago

Property
UK home prices take a tumble

LONDON: Asking prices for British homes have fallen by more than usual for the time of year ahead of Finance Minister Rachel Reeves' budget next week, a survey published yesterday shows.
1d ago

Business
Slow Kiwi population growth hampers recovery

WELLINGTON: New Zealand's population is growing at the slowest pace in nearly 13 years, excluding the pandemic, further hampering its sluggish economic recovery.
1d ago

Corporate News
LSH Capital accepts terms for Morib deal

PETALING JAYA: Lim Seong Hai Capital Bhd (LSH Capital) has accepted a letter from Seriemas Resort Sdn Bhd (SRSB) confirming the agreed-in-principle terms for a proposed partnership to undertake the Morib rejuvenation project in Selangor.
1d ago

Corporate News
99 Speed Mart net profit rises 49.9% to RM160.65mil in 3Q25

KUALA LUMPUR: 99 Speed Mart Retail Holdings Bhd's net profit for the third quarter ended Sept 30, 2025 (3Q 2025) rose by 49.9 per cent to RM160.65 million from RM107.16 million in 3Q 2024.
1d ago

Corporate News
TH Plantations appoints Borhan Bachi as CEO

PETALING JAYA: TH Plantations Bhd (THP) has appointed Datuk Borhan Bachi, 59, as its chief executive officer
1d ago

Corporate News
MNRB's 2Q26 net profit rises to RM112.26mil on stronger takaful revenue

KUALA LUMPUR: MNRB Holdings Bhd's net profit rose to RM112.26 million in the second quarter of the financial year 2026 (2Q FY2026) ended Sept 30, 2025, from RM92.74 million in the same period last year.