Corporate News

TM 4Q25 net profit expected to hit RM550mil

Telekom Malaysia Bhd (TM) is expected to report lower earnings for the fourth quarter ended Dec 31, 2025 (4Q25), even as growth from its TM Global and TM One segments provides some cushion.

Construction

Healthy contract flows to back construction industry

Construction stocks are projected to see healthy contract flows this year at the rate of the last two years supported by data centres (DCs), water infrastructure as well as other infrastructure projects from Penang and Johor, says Hong Leong Investment Bank (HLIB) Research.

Corporate News

Inta Bina earnings outlook to remain solid

Building contractor Inta Bina Group Bhd's earnings outlook for the financial year ending Dec 31, 2026 (FY26) remains solid supported by an outstanding construction order book of RM1.8bil as well as contributions from the company's property development business, says TA Research.

Corporate News

TM, Time dotCom eye higher dividends

Amid continuing competition in the telecommunications sector this year, there may be scope for higher dividend and even special dividend payouts from both Telekom Malaysia Bhd (TM) and Time dotCom Bhd.

Markets

Value seen in last year’s laggards

After a volatile year marked by global policy uncertainty and uneven market participation, Malaysian equity strategists are increasingly looking to last year's underperformers for potential gains this year.

Economy

Australia’s inflation slows, but core still sticky

Australian consumer prices rose by less than forecast in November, data shows, but core inflation showed enough stickiness that investors still saw a risk interest rates would have to be hiked as early as next month.

Markets

Bond trader places largest fed funds bet

A record-sized block trade was placed in the federal funds futures market on Tuesday, just days ahead of a key set of US labour data that could shape US interest rate expectations.

Corporate News

US IPO market poised for biggest deal wave

The US initial public offering (IPO) market is bracing for a rush of deals that is likely to rival or even top the pandemic-era record, with a lineup including some of the most closely watched private companies in technology, finance and crypto, and potentially the biggest listing of all time.

Insight

Venezuela key customer China no longer needs it

From one angle, the United States action to arrest Venezuela's former President Nicolas Maduro and seize control of the country's oil industry is an attempt to muscle China's influence out of the Americas.

Corporate News

REITs to gain from tourism, industrial growth

Malaysian real estate investment trusts (REITs) are facing uncertainty due to an expiring tax concession, which presents an "overhang" to the sector, analysts say.

Economy

Fuel quotas lifted to stabilise private retail 

The Energy and Mineral Resources Ministry is increasing the fuel import quota for private retailers for 2026 after the supply shortage that persisted for several months in the latter half of last year.

Corporate News

Tien Wah Press signs JV deal to develop data centre

Lum Chang Tien Wah Property Sdn Bhd (LCTWP), a joint venture company of Tien Wah Press Holdings Bhd and Kemensah Holdings Pte Ltd, has entered into an agreement with MyTelehaus Sdn Bhd (MYT) to develop, own, lease and operate a data centre on a portion of its 1.61- acre land in Petaling Jaya, Selangor.

Business

Medical tourism drive to benefit players

Analysts expect both domestic and international patient throughput to continue growing while revenue intensity improves driven by a high-yield case-mix with more acute cases and ramp-up of new beds.

Forex

Ringgit eases against the greenback

The ringgit ended lower against the US dollar yesterday as markets adopted a cautious stance ahead of key US economic data releases, says an analyst.

Corporate News

Bioeconomy Corp’s RM40bil contribution

The Malaysian Bioeconomy Development Corp (Bioeconomy Corp) has contributed about RM39.9bil to the country's economy over the past two decades, says chief executive officer Mohd Khairul Fidzal Abdul Razak.

Economy

Country aims to benefit from carbon-related revenues

Malaysia's impending carbon tax is set to reshape corporate balance sheets and accelerate demand for carbon credits as companies move to manage a new cost that will affect energy prices, supply chains and export competitiveness.

Corporate News

Qube set for ACE Market listing

Qube International Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.

Markets

Further gains in store

The Malaysian equity market is set to register another year of gains this year.

Corporate News

Three firms ink underwriting agreements

Poultry player Hock Soon Capital Bhd has signed an underwriting agreement in conjunction with its listing on the Main Market of Bursa Malaysia next month.

Corporate News

Local glovemakers see steady profitability

Glovemakers will continue to make a profit despite analysts expecting them to have limited pricing power and Chinese rivals competing aggressively for market share in non-US markets.