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BNM’s Effort To Enhance FX Conversion Encouraged, No Need For Capital Control: FMC

Bank Negara Financial Markets Committee in their recent meeting to discuss on the ringgits movements noted that regional currencies continue to be driven by...

YTL To Spend RM55 Million Renovating Syuen Hotel, Rebrand As AC Hotels By Marriot

After acquiring the Syuen Hotel in Perak for RM55 Million, YTL Hospitality REIT has announced the allocation of RM55 Million as renovation costs for...

Bursa Closure Scenario For Hari Raya Aidilfitri

In conjunction with Hari Raya Aidilfitri 2024 and subject to the official announcement by the Keeper of the Rulers’ Seal, the stock market will...

Topmix IPO Shares Oversubscribed By 58.6 Times Valuing It At RM363 Million

Topmix Berhad which is slated for listing on the ACE Market this month saw its initial public offering oversubscribed by 58.61 times. The Group’s...

China To Enhance Scrutiny On Companies Seeking IPO

China's top securities regulator has said it would strengthen inspections on firms planning initial public offerings (IPOs) this year by increasing the intensity of...

Approved STR Applicants May Update Their Basic Details From 8 April

Applicants who are entitled and have been approved for the STR or the Rahmah Cash Contribution by the Government may update their basic information...

Over 1.6 Million .my Accounts Fell Victim To Data Stealing Malware In 2023

Nearly 10 million devices fell victim to data-stealing malware in 2023, this according to Kaspersky Digital Footprint Intelligence report where it said cybercriminals...

BNM FX Reserves Drops To Three Month Low Amid Strong Dollar

Bank Negara Malaysia's international reserves depleted further by USD0.5b or -0.4% MoM to a three- month low of RM113.8b as of 29 March 2024...

Alibaba Cloud Drops Price For Its International Customers By 59%

Alibaba Cloud has dropped price of its cloud services by up to 59% especially for its core public cloud products that are using its...

Visa Free Nations Enjoy Surge In China Tourist This Year

The past Qingming Festival, a traditional Chinese festival during which people pay tribute to the dead and worship their ancestors, has seen another surge...

Awantec Files Appeal Over Lower Amount Awarded On Case Against Govt

Awantec said its subsidiary Prestariang Skin Sdn Bhd has filed a Notice of Appeal against the decision of Kuala Lumpur High Court in regards...

UOB KayHian Initiates Coverage On Alpha IVF, Raises Target Price

Strategic expansion into underserved markets and segments, alongside favourable industry trends, fueled UOB KayHian's to note the projected three-year earnings growth at an impressive...

Toyota Makes Major Structural Changes To Daihatsu’s Export Model

Since the series of calamities from Toyota owned Daihatsu Motor's production line leading to safety concerns for units shipped out, Toyota Motor Corporation and...

Nextgreen , IOI To Develop RM600 Million Zero-Waste Pulp Plant

Nextgreen Global Berhad, IOI Corporation Berhad’s indirect wholly-owned subsidiary IOI Paper Pulp Sdn Bhd, have inked an agreement to develop the nation’s first large scale zero-waste paper...

Sunzen Biotech To Shutdown Its Loss Making Animal Health Division

Sunzen Biotech Berhad has announced that as part of its business strategy transformation aimed at revitalising the financial performance will be to cease its...

Taylor’s, Penjana Design Programme For Future Venture Capital Professionals

Taylor’s University startup entrepreneur incubator Bizpos is collaborating with Penjana Kapital by offering an innovative talent programme called KapitalX 3 Junior Venture Capital aimed...

MyCIF Unveils Incentives For MSMEs In Upstream Agriculture And Bio Economy Business

The Malaysia Co-Investment Fund, MyCIF Southeast Asia's first public-private co-investment model using alternative financing platforms was established under Budget 2019 by the Ministry of...

BNP Paribas Appoints New Banking Head For APAC

BNP Paribas, the euro zone's largest bank, has appointed Aymar de Liedekerke Beaufort as its global banking head of Asia Pacific with immediate effect,...

SIA Flight Makes U-Turn After Technical Issue

A Singapore Airlines (SIA) flight returned to Sydney about an hour after taking off on Sunday (Apr 7) due to a technical issue. SIA flight...

After Three Months Of Outflows Bond Market Sees A Reversal

Foreign investors reverse trend, net-buying Malaysia’s debt in March after three straight months of outflows (RM1.7b; Feb: -RM1.2b) As a result, total foreign debt holdings...

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