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MIDF Lowers Hong Leong Financial Group’s FY24/25 Profit Forecast

Hong Leong Financial Group's FY23 Core net profit rose by +14%yoy, this was largely attributable to stronger NOII and BOCD contributions as well as...

NIMP 2030 From Sector Based To Mission Based

The journey towards formulating the NIMP 2030 is underscored by the need to build a robust industrial sector as an important prerequisite to achieving...

PM Leads Delegation For 43rd ASEAN Summit, Bilateral Meetings Include With Kamala Harris

Prime Minister Datuk Seri Anwar Ibrahim will lead the Malaysian delegation to the 43rd ASEAN Summit and related summits here from September 5-7, his...

RAM Places KLK and Batu Kawan On Negative Rating Watch

RAM Ratings has placed KLK and Batu Kawan on a negative watch list due to KLK's recent announcement of the strategic collaboration agreement with...

Taiwan Under Attack From Typhoon Haikui, Thousands Evacuated, Flights Cancelled

Domestic flights were cancelled and almost 3,000 people were evacuated as Taiwan girded for the arrival of Typhoon Haikui on Sunday (Sep 3), which...

S P Setia Makes Maiden Foray Into Sydney With RM200 Million Land Acquisition

S P Setia is expanding its footprint in Australia with the acquisition of a prime land site in Sydney, New South Wales a maiden...

KPJ Expects Better Earnings In 2H, From Higher Elective Surgeries

KPJ expects its earnings momentum to accelerate during 2HCY23, underpinned by pent-up demand for elective surgeries. Thanks to high patient throughput, two of its...

Controversial Redevelopment Of Shah Alam Stadium Still On Schedule

The redevelopment of the Shah Alam Sports Complex (KSSA), covering 76.08 hectares, is going along according to the schedule said Menteri Besar Dato’ Seri...

Indonesia’s Provincial Government To Promote Its MSMEs In Malaysia

The West Nusa Tenggara a provincial government in Indonesia said it will carry out trade missions to help its micro, small, and medium enterprises...

China’s Dangerous Flirtation With Hard Power Intimidation

The 2023 China Standard Map issued by the country's Ministry of Natural Resources has raised the ire of many countries including India and Malaysia is...

China Raises Its Vehicles Sales Target For 2023 To 27 Million

China is aiming to bring this year's annual auto sales to about 27 million vehicles, an increase of 3 percent from the 2022 level,...

MCMC Targets To Expand Starlink Service Nationwide

The Malaysian Communications and Multimedia Commission said it will expand the installation of Starlink satellite devices in areas with poor Internet access nationwide. Deputy Communications...

World Economy Slowing But Market Pricing Elevated Rates

By Rajat Bhattacharya- Global growth continued to slow in August, despite some resilience in the US, with the services sector weakening unexpectedly while manufacturing...

Sustained Traction In O&G Sector With Petronas Ramping CAPEX : Top Picks Yinson, Armada

Petronas’ 1HFY23 revenue was weaker mainly due to lower average JCC price of USD85/bbl (1HFY22: USD98/bbl), weaker Brent price of USD80/bbl (1HFY22: USD108/bbl), weaker...

MBSB Missed 1H Expectations, Long Term Play From MIDF Beckons

Analysts at Kenanga noted that MBSB’s 1HFY23 net profit missed expectations as the top line struggled from a higher cost of funds while a...

Typhoon Saola Grounds AirAsia September 2 Flights

As Typhoon Saola heads towards several East Asian countries, AirAsia flights scheduled to depart from Malaysia, Thailand and the Philippines to Hong Kong, Macao...

CIMB Loan Growth Prospects From Indonesia, Philippines

CIMB’s 1HFY23 net profit and interim dividend were within expectations said Kenanga, thanks to its regional performance, the banking group believes it may do...

MAFS Takes Intervention Steps To Increase White Rice Supply By 20%

Ministry of Agriculture and Food Security said it is implementing intervention measures to increase the supply of local white rice in the market in...

Country Garden Buys Time

Embattled Chinese property developer Country Garden has won approval from creditors to extend payments for a 3.9 billion yuan ($540 million) onshore private bond,...

Liquidators Duties And Limitations: Lessons From Genisys Integrated vs UEM Genisys

By Sri Bala Murugan- The realm of corporate liquidation can be complex. In this complex arena, the roles and responsibilities of liquidators are critical...

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