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Fuel Float Boon For EV, Affordable Car Sales But Not For Mid Range

TIV came in at 65,499 units in Jan 2024 , eased MoM against a seasonally high base in Dec 2023, but remained on a...

TNB Shifts 30% Of Fleet To EVs, Plans 500 Charging Stations By 2025

Tenaga Nasional Berhad is committing to electrify 30% of its operational fleet by 2030 as part of its extensive carbon reduction strategy which is...

Trump Heading To White House For A Rematch

Donald Trump cruised to a decisive victory on Saturday (Feb 24) in the South Carolina Republican primary, blitzing rival Nikki Haley in her home state...

Why PADU Downloads Will Accelerate Soon

The latest report from PADU official states that the National Central Database has been downloaded 3.56 million times as of February 19. However, this...

China Stock Rally, Has Confidence Returned?

The Chinese stock market staged a strong rally in the first week of the Chinese Lunar New Year after trading resumed following an eight-day...

TSH Could See Earnings Boost On Mild El Nino Effect

MIDF notes TSH's FY23’s core PATMI came-in within but fell below the consensus full-year forecast, accounting 103% and 77%, respectively, at RM95.0m. This it...

Japan Will Give TSMC US$4.86 Billion More To Expand Production

Japan said it will give TSMC up to 732 billion yen (US$4.86 billion) more in subsidies to help it build a second chip fabrication...

PJD Link Could Proceed With Realignment

The Selangor government has advised the Petaling Jaya Dispersal Link (PJD Link) developer to consider realigning the proposed highway to avoid areas where communities...

Tokyo Hello Kitty Theme Park Shut After Terrorism Threat

A popular Hello Kitty-themed amusement park in Japan closed for the day on Saturday (Feb 24) after receiving an "email threatening terrorism", its operator...

MAS Expects 2024 Inflation To Average 2.5%-3.5%

Singapore recorded 3.1% inflation for January, a drop from 3.3% the country registered in December, the Monetary Authority of Singapore and the Ministry of...

Is Foreign Investment All That Good For Malaysia?

In global economics, the concept of foreign investment often carries a dual narrative. On one hand, it is hailed as a catalyst for growth,...

Govt Fixes Raya Airfare At RM559 To East Malaysia States

The government has fixed airfare to East Malaysia states namely Sabah, Sarawak and Labuan at RM599 economy class one-way for the upcoming Hari Raya...

MSM All Well And Refined

In 4QFY23, MSM reported a significant turnaround with a profit of RM49.9m, narrowing the FY23 earnings losses to -RM49.9m, compared to the -RM178.5 recorded...

Inflation May Register 3.2% Once RON95 Subsidy Lifted

Malaysia’s headline inflation rate came in at +1.5%yoy the first month of 2024. MIDF said it noticed that the rate plateaued since Nov-23, the...

Penang To Offer 60 Year Lease For BKIP 3

The Penang Development Corporation said it will offer industrial land leases to investors for a maximum period of 60 years after the completion of...

MARC Upgrades UMW Ratings Post Merger

MARC Ratings has removed UMW Holdings Berhad’s sukuk programme ratings from MARCWatch Developing, where they have been placed since August 25, 2023. The rating action...

China Adds More Cities To Its Visit HK, Macau Scheme

Starting March 6, citizens of Xi'an in northwest China's Shaanxi Province and Qingdao in east China's Shandong Province will be eligible to visit the...

Outgoing AEON MD Reports Solid Year, Declares Final Dividend

AEON Co Bhd. announced its current quarter results reporting an improved its performance registering Profit After Tax (PAT) of RM114.8 million, a 3.2% increase...

Malaysia’s New Post-Study Work Pass: A Step Forward, But Is It Enough?

Dr. Syed Alwee Alsagoff, Fellow, Majlis Profesor Negara- On the back of the revelation of an acute talent shortage for graduates in the high-tech...

Malakoff Records RM964 Loss, Expects Stability In 2024

For the quarter ended 31 December 2023, Malakoff recorded RM2,262.4 million in revenue, a decrease of RM710.3 million or 23.9% from RM2,972.7 million reported...

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