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Dialog Group FY23 Revenue Rose 29% To RM3 Billion PAT Hits RM520.6 Million

Dialog group posted its 4th quarter result posting a revenue of RM690.04 million and net profit after tax of RM135.29 million, higher by 2.13...

Heineken 1H Revenue Drops 2% Declares Single Tier Dividend Of 40sen

Heineken Malaysia Berhad reported its second quarter of 2023 with revenue decreasing 12% to RM569 million as compared to the same quarter in 2022,...

Naico and MBOT To Cultivate Aerospace Professionals In The Country

The National Aerospace Industry Corporation Malaysia has formed a strategic collaboration with the Malaysia Board of Technologists (MBOT) in cultivating aerospace professionals within the...

Local Election Outcome Reduce Near Term Political Risks: Fitch

Immediate risks to the stability of Malaysia’s coalition government have eased in the wake of local elections in six states, says Fitch Ratings. However,...

EPF Likely To Deliver Higher Dividend For 2023: Economists

The Employees Provident Fund (EPF) will likely deliver a higher dividend rate for 2023 should market conditions persist or improve in the second half...

Carlsberg Affected By Weaker Consumer Sentiment, Q2 Revenue Dips 11.8%

Carlsberg Brewery Malaysia Berhad saw its revenue decline by 11.8% to RM506.7 million and reported a flat net profit of RM88.2 million for the...

myTukar Parent Carro Records Another Quarter Of Profitability

Carro, myTukar’s parent company recorded its highest EBITDA of over US$4 million for the month of June and exceeded profitability targets for Q1 FY2024,...

Singapore Private Homes Sales Soared In July, Highest Since Nov 2021

Sales of new private homes in Singapore soared in July, hitting their highest level since November 2021, according to data released by the Urban Redevelopment Authority...

Lucasfilm Shutting Studio Operations In Singapore

 Lucasfilm is winding down operations in Singapore after nearly 20 years in the country, with parent company Disney citing economic factors affecting the industry. Lucasfilm's visual effects...

Banking Sector, A Change Catalyst For Green Economy: NRECC Minister

Financial institutions are urged to collaborate with government agencies and civil society organisations to create partnerships to drive sustainable development and support Malaysia’s transition towards...

Strong Policy Framework Needed To Realise National Energy Transition Roadmap: KPMG

KPMG Malaysia said the newly released National Energy Transition Roadmap (NETR) by the Ministry of Economy is the strongest signal yet of the Malaysian...

UEM Sunrise Acquires Residential Development Site In Perth For RM66.3 Million

UEM Sunrise Berhad has announced that it has acquired its first residential development site in Subiaco East in Perth, Western Australia for AUD$22.185 million...

Second Quarter Job Number Up 2.4% To 8.83 Million: DOSM

Department of Statistics Malaysia has released the latest labour demand statistics based on the Quarterly Employment Survey conducted on formal private sector establishments encompassing...

Tesla Launches Cheaper Model S And Model X In The US

Tesla introduced new standard range Model S and Model X cars in the United States, priced cheaper than the other versions of the S...

Shares In Country Garden Up 7%

Shares of Country Garden rose more than 7 per cent on Tuesday, recovering some ground after the stock plunged a day earlier as China's...

Sime Darby Cavpower Acquisition Will Strengthen Presence In Booming Mining Sector

Sime Darby announced that it is acquiring the entire equity stake in Cavpower Group, a Caterpillar (CAT) dealer, for an enterprise value (EV) of...

China’s Industrial Output For July Up 3.7%

China's value-added industrial output, an important economic indicator, went up 3.7 percent year on year in July, data from the National Bureau of Statistics...

Group Behind llaolao Bringing Top Thai Milk Tea Brand ChaTraMue, To Malaysia

With the success of natural yoghurt brand llaollao in the bag, the group has now secured an exclusive national franchise for top Thai milk tea brand  ChaTraMue with...

IRIS Corp Share Price Drops On The Back Of NIISe Termination

IRIS Corporation which had its RM1.2 billion NIISe contract terminated with immediate effect by the Home Ministry warned that the decision could impact its...

US Inflation Down, Retail Sales Up

Some very good news on US Inflation Expectations. For the year ahead declining to 3.5% in July. This is a significant drop from 3.8%, and...

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