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.
Tag: Business News Malaysia
Stocks and Markets
Westports Posts Stronger 9M Earnings on Transhipment Growth, Maintains Volume Outlook
Westports Holdings Bhd reported strong financial results for FY2026, with a nine-month core profit of RM1.03 billion, exceeding expectations.
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.
Byline
Competition Only Strengthens the Future of Foldables
Foldable smartphones are evolving from niche products to mainstream devices, with increased consumer interest and competition driving innovation and usability.
Stocks and Markets
Wall Street Rebounds as Investors Return to Technology Stocks
Wall Street rebounded as technology stocks recovered, while investors awaited major earnings and monitored global market risks.
Tech
SoftwareOne, Crayon Unite APAC Channel Operations to Expand Partner Opportunities
SoftwareOne and Crayon complete APAC channel integration, offering partners broader expertise, services, technology access and growth opportunities.
Business News
REITs Remain Attractive as Stable Income and High Yields Offset Market Volatility
Strong yields, resilient earnings and long-term DPU growth support REITs despite interest-rate risks and market volatility.
Business News
Zetrix AI Sukuk Rating, Liquidity, and Governance a Concern
MARC Ratings downgraded Zetrix AI’s sukuk rating, warning of liquidity risks, governance concerns and potential covenant breaches.
Business News
U.S.-Malaysia Forum Strengthens Critical Minerals and Rare Earths Cooperation
U.S. and Malaysia advance critical minerals partnership, promoting investment, technology transfer and secure rare earth supply chains.
Housing
Survey Finds Waterproofing Failures After DLP Leave Homeowners Paying Thousands
Survey shows waterproofing failures after DLP burden homeowners with repeated repairs and high costs, highlighting need for long‑term solutions.
Business News
Wall Street Mixed, KOSPI Tumbles 3.6% as Saudi Attacks Push Brent Above US$106
Renewed attacks on Saudi Arabia lifted crude oil, while hawkish Fed comments raised the odds of an October rate hike to around 22%.
Business News
FBM KLCI Edges Up 0.59% to 1,618 as Post-Budget Rally Turns Selective
The benchmark index held above the key 1,600 support, but weak market breadth and elevated bond yields suggest risk appetite remains fragile.
Byline
Rebuilding careers, reimagining work: How flexible workspaces are supporting back-to-work mothers
In Malaysia, support for returning mothers through flexible work environments is vital for workforce reintegration.
Stocks and Markets
Malaysia to Diversify E&E Value Chain to Cut Semiconductor Dependen
The government will reduce Malaysia’s risk of overdependence on the semiconductor sector by diversifying the electrical and electronics (E&E) value chain and sources of…
Stocks and Markets
Budget Cheer Lifts Bursa Malaysia
Budget 2027 optimism lifted Bursa Malaysia, with FBM KLCI rebounding above 1,600 as construction and property stocks led gains.
Economy and Business
Zafrul: Budget 2027 Balances Discipline with Relief
Tengku Zafrul hails Budget 2027’s targeted aid, higher wages and tax reliefs as balancing fiscal discipline with household relief.