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Chong SM

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Recruitment Of Foreign Workers For All Sectors Halted

The Ministry of Human Resources previously informed that it has already started the application process for the recruitment of foreign workers for the scrap...

QL Resources’s Expansion Plays Well With Growing Demand Of Protein In The Region: CGSCIMB

CGSCIMB estimated a 5% revenue compounded annual growth rate in financial year 2023 future-2026 future for QL Resources (QL) as it continues to expand...

IGB REIT Stocks Backed By Robust Assets, Stable Domestic Economy, Said RHB

Post share price correction for IGB REIT, RHB Research (RHB) believes this is a good opportunity for investors to accumulate this stock. IGB REIT’s...

Asian Emerging Currencies Gain As Investors Eye Economic Data

Most Asian emerging currencies advanced on Monday (July 3) as investors braced for a week packed with economic data that could provide further clues...

Asia Pacific Leads The Return To Office With 65% Utilization Rates

Employees in Asia Pacific are leading the way in the return to the office, with office utilization rates in the region reaching 65%, compared...

China’s Weaker Rebound, Global Rate Hikes Cloud Asia’s Manufacturing Outlook

Asia's factory activity slumped in June, business surveys showed on Monday, as sluggish demand in China and advanced nations clouded the outlook for the...

Structural Supply, Demand Mismatch Continues To Hamper MREIT For The Long Term: RHB

The Malaysian Real Estate Investment Trust (M-REIT) sector is likely to continue offering a steady defensive play with operating metrics mostly back to normal,...

Bank Negara Malaysia Likely To Pause OPR, Said CGSCIMB

The result of the anticipated Bank Negara Malaysia (BNM)’s meeting (July 6) to determine the Overnight Policy Rate (OPR) will undoubtedly send ripples across...

Technical Rebound Likely For Bumi Armada’s Share Price, Said Kenanga

The share price of Bumi Armada (ARMADA) slid from a peak of RM0.73 in March 2023 to as low as RM0.415 in June 2023...

Kenanga Favours Yinson For Diversification Into RE, Strong Earnings, Growth

Yinson Holdings (YINSON) has secured a 12-month extension for floating production storage and offloading (FPSO) Lam Son’s bare boat charter, with further 6-month automatic...

RM359.9 Million Net Outflow Recorded In Foreign Equity Sales

According to the recent MIDF Research's weekly fund flow report, foreigners have been net sellers for 20 out of 26 weeks this year, resulting...

China’s Factory Activity Growth Slows In June, Reflecting Market Concerns

China's factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning and recruitment cooling as firms grew increasingly...

Positive For Soy Bean, Although Weather Will Play A Huge Determining Factor: Maybank IB

The USDA Acreage Report surprised the plantation market with higher-than-expected corn acreage, and lower-than-expected soybean acreage (-4.8%). Corn price reacted negatively while soybean and soybean...

Strong Growth For Capital A With Plans To Operate 290 Routes, Tourism Revival: Malacca Securities

Capital A Bhd (CAPITALA) has transformed from one of the leading ASEAN airline service providers into a digital travel and lifestyle platform that leverages...

Strong Potential For Banking Sector With Steady Earnings, Dividend Growth, Yields, Valuation: RHB

With regards to the banking sector, system loans grew 5% year-on-year (YoY) in May, with strong demand for financing despite a 25 basis points...

Positive On Banking Sector, Loan Growth Forecast Raised To 5%: Maybank IB

With regards to the Malaysian banking sector, Loan growth picked up pace marginally in May 2023, April being a shorter working month due to...

China’s Bond Issuances Reach 5.46 Trillion Yuan In May

Bond issuances in China totaled 5.46 trillion yuan (about 755.63 billion U.S. dollars) in May, data from the central bank showed. Treasury bond issuances...

Additional RM30 Billion Increase Expected In Federal Government Assets This Year: Maslan

The Federal Government assets have been valued at more than RM1 trillion so far, said Deputy Finance Minister Datuk Seri Ahmad Maslan. He said...

Possible For 38% EV, Hybrid Vehicles On Roads By 2040, With 10,000 Charging Stations By 2025, Said Zafrul

During the Australian Network Leader’s Summit, Minister Of Investment, Trade And Industry Tengku Datuk Seri Zafrul Abdul Aziz said the launch of the New...

Bitcoin Falls On Report Of SEC Stating Spot BTC ETF Filings Insufficient

The U.S. Securities and Exchange Commission (ETF) said recent filings to launch a spot bitcoin ETF are inadequate, reported the WSJ Friday morning, citing...

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