Markets

UOA Development Held Up By Strong Rental Income

UOA Development Berhad’s (UOADEV) 1QFY24 results met expectations with its core net  profit rising 8% as stronger rental incomes and hospitality profits more offset lower property development profits. Kenanga Investment...

Ringgit Starts Lower Against Dollar, Shows Resilience Against Other...

The Malaysian ringgit started lower against the US dollar today as the US dollar index strengthened. However, it showed improvement against other major currencies. At 9:01 am, the ringgit...

IPO: Kawan Renergy Enters Ace Market Surging 50% Higher...

Kawan Renergy Berhad’s stock rose 50% on its entrance on Bursa Malaysia’s Ace Market via its initial public offering (IPO) today. Kawan Renergy opened at 45 sen versus its IPO...

Pharmaniaga Sustains Profitability After 1Q Spike

Pharmaniaga Berhad (PHARMA) is guided for sustained profitability (after an earnings spike in 1QFY24) with moderate orders for medical supplies under  the concession, impact from a price hike in...

Hong Kong Viable Stocks – COSCO Shipping, China Shenhua...

COSCO Shipping is extending the bullish trajectory, after breaching the key resistance level. RHB Retail Research said today (May 29) the stock has jumped above the HKD13 resistance on strong...

Property

UOA Development Held Up By Strong Rental Income

UOA Development Berhad’s (UOADEV) 1QFY24 results met expectations with its core net  profit rising 8% as stronger rental incomes and hospitality profits more offset lower property development profits. Kenanga Investment...

UEM Sunrise Shrugs Of Soft Start, Looks Into The...

UEM Sunrise Berhad disclosed its financial results for the first quarter of 2024 ending 31 March 2024 (1Q 2024) with a Sales Achievement of RM232.6 million. The improvement of...

Sime Darby Property Achieves 100% Take-Up Rate For Elmina...

Sime Darby Property has successfully launched the first stage of Elmina Ridge 1, achieving a 100% take-up rate. The first stage of Elmina Ridge 1 includes 122 units with...

News

MARii’s Malaysia Auto Show Generates RM1.4 Billion In Sales 

The Malaysia Autoshow 2024 concluded with OEMs reporting a total of RM1.4 billion potential sales, 2,620 bookings of vehicles, and 13,799 sales leads gathered....

SMEs Lag In AI Adoption Adding To Critical Challenges

Small and Medium Enterprises (SME) often find themselves navigating through a myriad of challenges, ranging from global inflationary pressures to local regulatory adjustments. Among...

UOA Development Held Up By Strong Rental Income

UOA Development Berhad’s (UOADEV) 1QFY24 results met expectations with its core net  profit rising 8% as stronger rental incomes and hospitality profits more offset...

Grammy Award Sensation Dua Lipa Coming To Malaysia

Three times GRAMMY award winner and seven times BRIT Award-winning global pop powerhouse Dua Lipa announced the Asia leg of her upcoming Radical Optimism...

Ringgit Starts Lower Against Dollar, Shows Resilience Against Other Currencies

The Malaysian ringgit started lower against the US dollar today as the US dollar index strengthened. However, it showed improvement against other major currencies....

IPO: Kawan Renergy Enters Ace Market Surging 50% Higher At 45 Sen

Kawan Renergy Berhad’s stock rose 50% on its entrance on Bursa Malaysia’s Ace Market via its initial public offering (IPO) today. Kawan Renergy opened at...

Pharmaniaga Sustains Profitability After 1Q Spike

Pharmaniaga Berhad (PHARMA) is guided for sustained profitability (after an earnings spike in 1QFY24) with moderate orders for medical supplies under  the concession, impact...

Hong Kong Viable Stocks – COSCO Shipping, China Shenhua Energy Extending Bullish Trajectory

COSCO Shipping is extending the bullish trajectory, after breaching the key resistance level. RHB Retail Research said today (May 29) the stock has jumped above...

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Trade

Ringgit Claws Back

The local currency has mustered some strengths and broke away from the 4.7 levels...

Selangor Saw Investment In Manufacturing Jump 40% To RM19.31...

Selangor Chief Minister stated that a total of 89,000 job opportunities were created over...

Malaysia’s Terms Of Trade Fell 1% In April Led...

Malaysia’s export prices in April 2024 decreased by 0.4 per cent from 149.8 points...

Malaysia’s April PPI Edges Higher By 1.9%

The Department of Statistics noted that the Malaysia’s Producer Price Index (PPI), which measures...

Matrade Connects 25 Foreign Companies With Malaysian Firms At...

The International Sourcing Programme (INSP) organised by Malaysia External Trade Development Corporation at SEMICON...

Malaysia Would Benefit From External Trade Recovery

The annual increase in exports was 11.9 percent in April, versus a 4.7 percent...

Hong Kong’s Trade Gap Narrowing Sharply On Exports Surge,...

Hong Kong encountered an annual increase in exports of 11.9 per cent in April,...

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