Opinion

Credit Suisse, UBS deal: What you need to know

UBS agreed to buy rival bank Credit Suisse for 3 billion Swiss francs (US$3.23 billion) and assume up to US$5.4 billion in losses, in a shotgun merger engineered by...

Scratched EV battery? Your insurer may have to junk...

For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few kilometres...

Malaysia’s Double-Edged Sword: Seeking Interreligious Tolerance, Economic Development Amidst...

A public uproar has been sparked in the country, notably within the Muslim population, over recent scandals involving interfaith initiatives, Muslim visits to non-Muslim places of worship, and using...

The Implications of Artificial Intelligence in Finance

The democratisation of artificial intelligence (AI) like ChatGPT (Generative Pre-trained Transformer) will lead to a proliferation of new startups, services, and products that prospers our economy not just from...

Should Malaysia Lean On AUKUS As Its Future Security?

The landmark pact of AUKUS made official with a detailed unveiling this week underscores concerns over China’s growing military power in the Indo-Pacific region, and it remains a natural...

Property

LBS Sees 90% Take Up Rate Two Weeks After...

LBS Bina Group Berhad (LBS) records an exceptional take-up rate for its KITA Bestari Single Storey Houses, with more than 90% of units booked within 2 weeks after opening...

Sunway REIT’s Expansion Of Portfolio

Sunway REIT's acquisition from Kwasa Properties Sdn Bhd, a wholly-owned subsidiary of the Employees Provident Fund of the 6 hypermarkets for a total cash consideration of RM520m is being...

Sunway REIT To Acquire 6 Hypermarkets From Kwasa For...

Sunway REIT has proposed to acquire a portfolio of six freehold hypermarkets that are strategically located in Klang Valley and Johor for a total cash consideration of RM520 million...

News

Underperforming UWC Bhd Still Holds Potential: Mercury

Results from UWC Bhd were below expectations, achieving 48% and 42% of Mercury Securities full-year revenue and profit forecast for the year 2023. The...

LBS Sees 90% Take Up Rate Two Weeks After Launch Of Kita @ Cybersouth Township Affordable Housing Project

LBS Bina Group Berhad (LBS) records an exceptional take-up rate for its KITA Bestari Single Storey Houses, with more than 90% of units booked...

RHB: Kerjaya Prospek Rides On Construction Sector Recovery

Mercury Securities maintains a “buy” recommendation on Kerjaya Prospek Group Bhd with a revised trading price of RM1.46 (up from RM1.33) based on the...

Bursa Ends Lower In Line With Regional Peers

Bursa Malaysia ended trading lower on Monday (March 20) in tandem with the heavy selldown in regional bourses as investors were wary following the...

Rahmah Insurance Will Be Introduced, Offering More Affordable Coverage Rates

The Rahmah initiative concept will be extended to the insurance sector to enable the people to enjoy more affordable coverage rates. Minister of Domestic Trade...

February 2023 Vehicle Sales Up 39% To 62,649 Units, Says MAA

Vehicle sales in Malaysia jumped 39 per cent to 62,649 units in February this year against 45,062 units during the same month last year...

Floods: 4,862 Johor Agricultural Entrepreneurs Suffer RM35.5 Million In Losses

A total of 4,862 agricultural entrepreneurs were affected by the floods in Johor, suffering a total of RM35.525 million in damages. State Agriculture, Agro-based Industry and Rural...

American Democracy Was In Chaos And Caused Havoc Worldwide Says China

China's Ministry of Foreign Affairs on Monday released a report on its website titled "The State of Democracy in the United States: 2022." The report...

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Trade

RAM: Foreign Interest In Feb Sees Inflow Of RM5b...

Foreign investors remained net purchasers of Malaysian Government Securities (MGS) and Government Investment Issues...

Malaysia Records 34 Month Trade Surplus, February Trade Up...

Malaysia’s trade performance registered double-digit year-on-year (y-o-y) growth, increasing by 11% to RM204.99 billion...

Ringgit Advances As Investors Turn To Emerging Currencies

The ringgit extended last week’s gains to trade higher against the US dollar in...

MITI Secures RM24 Billion In Investment From Republic Of...

The Ministry of International Trade and Industry said it secured a total of RM24...

Bond Yields Could See Slight Uptrend

MGS and GII yields fell this week, moving between -15.5 bps to -2.1 bps...

Local Currency To Trade In Cautious Mode Ahead Of...

The ringgit is expected to trade in cautious mode with an upward bias against...

Outlook On Ringgit Is Neutral To Bearish: Kenanga

The ringgit strengthened marginally against the greenback due to weaker USD demand following the...

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