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KJTS Awarded Housekeeping Service Contract For Semiconductor Plants

KJTS Group Berhad's subsidiary has accepted award letters from a global semiconductor player for the provision of housekeeping service or floor polishing activities at...

KNM Disposes Loss Making FBM Hudson Italiana For RM84 Million

KNM Europa B.V., a wholly owned sub-subsidiary of KNM Group Berhad said it has successfully transferred its 100% equity in FBM Hudson Italiana S.p.A....

VS Industry 1H Profit Drops About 30% In Tandem With Lower Orders

V.S. Industry Berhad has announced its second quarter and first half financial results today for the period ended 31 January 2024 with 1HFY24 revenue...

MMAG Invests RM150 Million To Fuel Its Aviation Business

MMAG has informed that it has invested more than RM150 million to fuel the growth of its aviation business where it said is banking on...

Fiscal Reforms Necessary To Ensure Economy Remains Sustainable: Anwar

The government needs to implement fiscal reforms to ensure the Malaysian economy remains on a sustainable and solid track, said Prime Minister Datuk Seri...

Cashless Transaction Hits RM11.5 Billion In 2023: BNM

Bank Negara Malaysia announced that it recorded a total of RM11.5 billion in cashless payment transactions last year, mainly contributed from the availability of...

SBH Marine IPO Oversubscribed By 27.66 Times

SBH Marine Holdings IPO in conjunction with the Ace Market listing announced that the 45,000,000 Issue Shares madeavailable for application by the Malaysian public...

SCIB Shareholders Give Nod For Debt Restructuring And Establishment Of LTIP

Sarawak Consolidated Industries Berhad has received shareholders approval for two pivotal proposal which first involves the capitalisation of an aggregate RM11.3 million debt owed to...

Topmix Seeks To Raise RM25.6 Million From Ace Market IPO

Bursa sees strong listing uptake in first few months of 2024, with now Topmix Berhad launching its prospectus in conjunction with its upcoming initial...

Indonesia’s Loan Growth Remains Robust In February

Following last year’s strong momentum, industry loan growth in Indonesia remained robust in Feb’24, increasing by 11.3% YoY (vs 10.4% YoY in Feb’23). Maybank...

HSBC Launches US$1 Billion Fund For Six-Highest Growth Economies In ASEAN

HSBC has launched a USD1 billion ASEAN Growth Fund in Southeast Asia, where it said the digital economy is among the world’s fastest-growing; worth...

Deaths Linked To Japan Health Supplement, S’pore Recalls Sake With Ingredient

Two deaths were linked on Wednesday (Mar 27) to a growing health scare in Japan around dietary supplements meant to lower cholesterol, with more than 100...

Selangor Records RM39 Billion In DDI, Almost 70% Of Total Investment

The Selangor state recorded a total of RM39 billion in domestic direct investment (DDI) last year, comprising almost 70 percent of the total investment...

Opposition Leader Challenges Indonesia’s Election Result In Court

Indonesia’s losing presidential candidate Anies Baswedan on Wednesday laid out his challenge in court to last month’s presidential election, calling it unjust and fraught...

Dollar’s Unexpected Strength Amid Post Fed Dynamics

The US dollar has showcased an unexpected resilience following the dovish stance maintained by the Federal Reserve. Surprisingly, the dollar surged to a 4...

MACC Chief Wont Comment If Mahathir Is Next

Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki has declined to comment on allegations by Tun Dr Mahathir Mohamad’s two sons that...

China Accuses US Of Subsidising EVs, Files Complain To WTO

China filed a complaint on Tuesday at the World Trade Organization (WTO) over U.S. subsidies for electric vehicles, according to the Ministry of Commerce. The...

Malaysian Bar Welcomes Cyber Security Bill 2024 But Views Several Changes Are Necessary

The Malaysian Bar has applauded the Government for its efforts in drafting the Cyber Security Bill 2024, which was tabled for the first reading...

Ekuinas Disposes All Stake In Icon For RM172.7 Million To Liannex

Ekuiti Nasional Berhad announced that it is divesting approximately 50.2% equity stake in oil and gas services provider ICON Offshore Berhad, held via its...

Takaful Industry Paid Out RM8.74 Billion In 2023

The Malaysian Takaful Association announced that takaful operators paid out a total of RM8.74 billion in 2023 where the Family Takaful paid out RM6.79...

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