Business News
Kerjaya Prospek Expands into Power Infrastructure with RM568.2 Million TNB Paka Substation Project
Kerjaya secures maiden TNB power infrastructure project, boosting order book to RM6 billion and strengthening earnings visibility.
Category: Business News
Business News
Computer Forms Seeks Judicial Review of Bursa Reprimand Over Failed EV Venture
Computer Forms and several directors are seeking judicial review of Bursa's reprimand and RM2 million fines linked to a failed EV joint venture.
Business News
Zetrix AI Faces Deadline on RM2 Billion Sukuk Covenant Breach
Zetrix AI must resolve a covenant breach on its RM2 billion sukuk by Thursday or risk a dissolution event and immediate repayment.
Business News
Malaysia Approves First Raw Rare Earths Export Under New Rules
Malaysia has approved its first raw rare earths export for R&D under new guidelines easing a moratorium in place since 2024.
Business News
AirAsia Shares Slide to Near Four-Year Low as Anwar Rules Out Financial Support for Now
AirAsia shares hit their lowest since 2022 after Anwar said the government has not agreed to provide financial support to the airline.
Business News
SC Extends Yinson Privatisation Deadline for MISC, EPF to Nov 30
The SC has given MISC and EPF until Nov 30 to decide on taking Yinson Holdings private via a scheme of arrangement.
Business News
Petra Energy Turns the Corner, Net Profit Seen Jumping Over 400% in FY27: MBSB Research
MBSB Research sees Petra Energy's net profit surging over 400% to RM44 million in FY27, with an indicative fair value of RM0.69.
Business News
Beyond Factories: Why Industrial Ecosystems Matter to Malaysia’s Next Phase of Growth
Malaysia's industrial future depends on integrated ecosystems around factories, not land supply alone, says Setia Awan Land's Dato' Marcus Doh.
Analyst Report
FBM KLCI Extends Gains as Tech Stocks Rebound
FBM KLCI rose 0.17% to 1,602.27 for a second straight gain as technology, construction and property stocks led a broad rebound.
Business News
UK Labour Market Shows Resilience
The UK's labour market improved in August, with unemployment down to 4.7% and employment rising, supporting a potential BoE rate hike.
Business News
Taiwan Export Orders Hit New Record on AI Boom
Taiwan’s AI-driven export orders reached a record high, while resilient UK labour data reinforced expectations of tighter policy.
Business News
Poultry Sector Resilient Despite Heavy Reliance on Imported Feed
Strong domestic poultry demand supports sector outlook, though imported feed dependency remains a key earnings risk for producers.
Business News
FBM KLCI Recovery Remains Fragile Amid Weak Market Breadth and Foreign Outflows
FBM KLCI rebounded slightly but weak breadth, foreign outflows and fragile sentiment continue to threaten market recovery prospects.
World Business News
Trump Warns Kansas Voters US Could ‘Burn Like France’ if Democrats Win Senate Race
Trump linked French unrest to Democratic policies while campaigning in Kansas, backing Senator Roger Marshall in a tight race.
Water
Gamuda Inks Deal for Northern Perak Water Supply Scheme
Gamuda formalises role in major Northern Perak water project aimed at boosting irrigation, domestic and industrial supply.
Business News
Ringgit Ends Flat as Investors Await Fed Decision
Ringgit closed flat against the US dollar as investors stayed cautious ahead of next week’s Federal Reserve meeting.