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Stress Test Scenario Shows Markets Linked With China Economy Vulnerable

Fitch Ratings’ analysis suggests that economies in the Asia-Pacific and commodity exporters would be particularly affected by a severe economic growth shock in China....

Red Sea Disruptions Benefit Shipping Companies: Fitch

Global shipping companies’ short-term profitability will benefit from increased freight rates, which exceed the costs of re-routing following persistent attacks on commercial vessels in...

IHH Completes Timberland Kuching Acquisition, To Build RM245 Million Hospital

IHH Healthcare Group's Pantai Holdings Sdn Bhd has completed its acquisition of the entity that owns Timberland Medical Centre and earmarked vacant land in...

Sunway Medical Centre Named Top 250 Hospitals In The World

Sunway Medical Centre, Sunway City proudly announced that it has been named in the top 250 hospitals globally in Newsweek World's Best Hospitals 2024...

Ringgit Decline Not Factor For Goodyear Factory Shutdown

Selangor Chief Minister Dato’ Seri Amirudin Shari has slammed an Opposition MP for misrepresenting the facts around the announced closing of Goodyear Malaysia’s manufacturing...

Artroniq Lodges Police Report Over A Viral Video

Artroniq's subsidiary said it had lodged a police report over a viral video involved in alleged fraud linked to a product launch event posted...

The Significance Of RM10 Fixed Duty

In a significant legislative update that took place from January 1, 2024, the Malaysian government introduced a nominal RM10 fixed duty on the instrument...

Unitrade Declares First Interim Dividend Of 0.44 sen

Unitrade Industries Berhad has declared a first interim single-tier dividend of 0.44 sen per ordinary share in respect of the financial year ended 31...

Sapura Energy Buys Time On Its Debt Restructuring

Sapura Energy Berhad and its 22 wholly owned subsidiaries have been granted new Convening and Restraining Orders by the High Court of Malaya for...

ASEAN, A Compelling Investment Destination For Aussie Investors

Australian investors should look at ASEAN as a compelling investment destination due to its vibrant growth and rise in economic capacity. The ASEAN Exchanges, led...

OCBC Reiterates Unchanged Policy Rate Of 3% For FY2024

OCBC gave its view on Malaysia Central Bank's decision to keep the policy rate unchanged at 3.00%, which it said was in line with...

Loss Making Lotte Chemical Malaysia Clarifies On Sale Rumour

Lotte Chemical Titan Malaysia has clarified on the recent report by news media in Korea over the parent company Lotte Chemical Corporation's plan in...

Global Experts Convene At Sunway University To Discuss On The Planets Health

Sunway University will be playing host to the Planetary Health Alliance which is a consortium of more than 400 universities, non- governmental organisations, research...

China’s Total Trade In Goods Expands 8.7% In Jan-Feb

China's total imports and exports of goods expanded 8.7 percent year on year in yuan terms in the first two months of 2024, official...

OPR Maintained Based On Inflation And Growth Prospects

The Monetary Policy Committee of Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at3.00 percent in support of economic recovery. In...

OPR Pause Spurring The Property Market

According to loan data released by Bank Negara Malaysia, total loan application for purchase of property in 2023 was higher at RM605.3b. The higher...

BNM Reserves Drops In February To US$114.3 Billion

The international reserves of Bank Negara Malaysia amounted to USD114.3 billion as at 29 February 2024. The reserves position is sufficient to finance 5.4...

Starbucks Middle East Franchisee Firing 2000 Workers As War Boycott Impacts

The Middle East franchisee of Starbucks said on Tuesday (Mar 5) it has begun firing around 2,000 workers at its coffee shops across the...

Top Lead Managers Honoured At 21st RAM League Awards

RAM Rating Services Berhad recognised the top lead arrangers of Malaysian corporate bonds and sukuk rated by the agency in 2023 by presenting...

Malaysian Banks Saw Margin Battered In 2023

Ratings agency RAM noted that the Malaysian banks saw steep margin compression and increased operating expenses in 2023 which were partly balanced by stronger...

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