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Ex-PM’s Son In Hot Soup With MACC On Money Laundering Allegations

The Malaysian Anti-Corruption Commission (MACC) has summoned the son of a former prime minister to record a statement on an ongoing investigation under the...

Stock Picks Of The Day – Hartalega, Berjaya Food

Hartalega is eyeing to stage a bullish breakout, extending the positive movement. RHB Retail Research said today (May 24), the stock has charted a Bullish...

HSIF’s Bearish Setup Remains Intact

The Hang Seng Index Futures (HSIF), hampered by the negative sentiment, declined 247 pts and closed at 19,436 pts yesterday (May 23), thereby resuming...

STI May Halt Winning Streak On Wednesday

The Singapore stock market has tracked higher in four straight sessions, collecting more than 45 points or 1.5 percent along the way. The Straits...

U.S. Stocks Slides As Debt Worries Worsen

Stocks slid Tuesday as the U.S. government crept closer to the edge of a potentially disastrous default on its debt. The S&P 500 fell 1.1%...

Unclaimed Money Tops The List Of Discussions In Parliament Today

The Dewan Rakyat, sitting for the third day today, will discuss, among other things, the amount of unclaimed money as of March 31, 2023,...

Affin Bank Upbeat Over Transformation Plan Progress

Affin Bank Bhd sees a positive development towards realising the aspirations of its A25 strategic plan following the sale of a 4.95 per cent...

New Capital Sought To Fight Global Crises: World Bank

The World Bank will press for more grants and new capital from member countries, even as it leverages its balance sheet to scale up...

Southern Cable Q123 Net Profit Almost Doubles To RM5.1 Million

Cable and wire manufacturer Southern Cable Group Berhad (Southern Cable) made a strong start to the year with RM5.1 million net profit in the...

Navigating supply chain challenges in 2023

Disruptions and uncertainties to the global supply chain are set to continue in 2023, as inflationary pressures, geopolitical conflicts, climate change and shortages of...

Anti-Money Laundering Push With AI Component Launched By Juwai IQI

Juwai IQI Co-Founder and Group CEO Kashif Ansari announced today (May 23) that the company is launching a major new anti-money laundering push with...

Johor Oil & Gas Sector Earns RM140 billion In Investments Over 13 Years

Johor’s oil and gas sector has recorded a cumulative investment of RM140 billion since the industry was actively started in the state in early...

Johor MB Urges Companies To Leverage On OGSE Blueprint To Get A Leg Up Energy Transition

Johor oil & gas services and equipment (OGSE) companies should leverage  on initiatives from the National OGSE Industry Blueprint 2021-2030 (OGSE Blueprint) to aid...

PM: 5G Network Transition Reduces Financial Implications For Govt

Prime Minister Datuk Seri Anwar Ibrahim today (May 23) gave the assurance that the transition of the 5G implementation model from a single wholesale...

Bursa Moves Lower At Noon

Bursa Malaysia remained lower at midday on a lack of buying catalysts in most heavyweights as investors remained on the sidelines awaiting fresh market-moving...

Shamsul Azhar Abbas Appointed As Deleum Bhd Chairman

Deleum Bhd (Deleum) has appointed Tan Sri Shamsul Azhar Abbas as its chairman effective June 1, 2023, succeeding Datuk Izham Mahmud. Deleum said Izham will...

Asian Stocks Mark Two-Week High As Focus Turns To PMIs

Asian stocks crept to two-week highs in cautious trade Tuesday, helped by hints of progress toward avoiding a U.S. default and by resilience in...

Malaysia – UAE To Launch CEPA Negotiations To Uplift Trade Links

In light of strong aspirations to uphold the excellent bilateral trade relations between Malaysia and the United Arab Emirates (UAE), leaders have expressed their...

MITI Launches MyAero Centre To Strengthen Ecosystem Development

The development of a conducive ecosystem is vital in attracting more high-quality aerospace investments to Malaysia and to spur domestic  direct investment (DDI). Apart...

Elk-Desa Foresees Moderate Growth Amid Uncertainties, Declares Dividend of 3.5 Sen

Elk-Desa Resources Bhd’s 3Q23 core net profit advanced 37.5% YoY to RM7.6m, bringing a significant 87.9% jump in FY23 core net profit to RM47.9m....

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