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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...

Tharman Shanmugaratnam Becomes Singapore’s 9th President

Tharman Shanmugaratnam will be Singapore's next President after securing a landslide victory with 70.4 percent of the vote. The final result, announced by the returning officer shortly after...

MCMC Says Its Not Stifling Freedom Of Press In Malaysia As Stated By RSF

MCMC has responded to the Reporters Without Borders (RSF) open statement titled 'RSF denounces arbitrary suspension of news websites critical of the government,’ arguing...

Singapore Presidential Election, Tharman Leads By 70% Based On Sample Count

Presidential candidate Tharman Shanmugaratnam is in the lead with 70 percent of the vote, according to a sample count published by the Elections Department at about...

Zecon And Neuto To Build 2MW Rooftop Solar PV For A Children’s Hospital

Zecon Berhad has signed an MOU with Neuto Energy Sdn Bhd to establish a strategic collaboration to design, deliver, construct, test and commission the...

Maxis Announces The Establishment Of An NRC

Maxis Berhad has announced the establishment of a Nomination and Remuneration Committee with effect from 1 September 2023 in substitution of the existing Nomination...

Lamborghini Malaysia Unveils Revuelto, The First V12 Hybrid Plug In HPEV

Lamborghini Malaysia has unveiled the much anticipated Revuelto, the first super sports V12 hybrid plug-in HPEV (High-Performance Electrified Vehicle). This revolutionary masterpiece combines the...

Serba Dinamik Fails To Submit Quarterly Financial Report

Serba Dinamik has informed Bursa Malaysia that it will not be able to submit its quarterly report for the period ending 30 June 2023...

What China’s Eased Mortgage Policies Mean For 40 Million Borrowers

China's financial authorities eased mortgage policies on Thursday in an effort to better meet housing demand and promote sound development of the property sector....

Thai King Commutes Thaksin’s Sentence To One Year

Thailand's king has commuted former prime minister Thaksin Shinawatra's eight-year prison sentence to one year, the royal gazette said on Friday (Sep 1), a...

Nestle To Appoint Tan Sri Wan Zulkiflee As Independent Non Executive Director

Nestlé (Malaysia) Berhad has announced on the impending appointment of Tan Sri Wan Zulkiflee Wan Ariffin as its new Independent Non-Executive Director. The appointment...

Cathay Pacific Cancels All Flights As Typhoon Saola Looms

Cathay Pacific Airways, the flag air carrier of Hong Kong, has cancelled all flights at Hong Kong International Airport scheduled for Friday and Saturday...

Iskandar Investment Views Gazettement Of Forest City As Special Financial Zone Will Boost Investment

Iskandar Investment Berhad has lauded the recent announcement made by Prime Minister, Datuk Seri Anwar Ibrahim on making the Forest City development area a...

Hibiscus Signs Farm-In Agreement For UK Oil Field Development License

Hibiscus Petroleum Berhad and its indirect wholly owned subsidiary Anasuria Hibiscus UK Limited, and Ping Petroleum UK PLC have each entered into a separate...

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