Markets

Property, Transportation & Logistics Sectors Push FBM KLCI Marginally...

Bursa Malaysia closed higher at noon supported by gains in property as well as transportation & logistics sectors. At 12.30pm, FTSE Bursa Malaysia (FBM) KLCI was up 0.29 per cent...

Capital A Proposed Aviation Business Divestment May Accelerate Restoration...

Yesterday, Capital A Berhad (Capital A) and AirAsia X Berhad (AAX) jointly unveiled the details of the corporate exercises that are intended to be undertaken. AAG to assume AAX’s listing...

Ringgit Slips Against Greenback Despite Weakening Dollar Amidst Disappointing...

The ringgit was lower against the greenback in early trade on Friday despite the continuing downward bias of the US dollar after discouraging gross domestic (GDP) print ahead of...

Asia Stocks, Yen Tentative With Eyes On BOJ Decision

Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most likely some time away, while the yen and Japanese government...

Pavilion REIT Sees Minimal Impact From Entry Of Rival...

Pavilion REIT (PAVREIT’s) 1QFY24 results beat expectations. Its 1QFY24 core net  profit rose 19% YoY drive largely by contribution from new asset  Pavilion Bukit Jalil. Kenanga Investment Bank (Kenanga), in...

Property

SP Setia Catching Up On ESG With Peers

Maybank IB introduced SP Setia's expanded ESG tear sheet and assign an above average overall score of 57 (out of 100). SPSB introduced the Setia Green Roadmap in 2023...

Inta Bina Lands Another Contract For Tropicana Job Worth...

Inta Bina which has been securing jobs of late for Tropicana Metropak with the recent one being just 2 days back, announced that it had received another letter of...

Sentoria Board Approve RCB Issuance At EGM

Sentoria Group Berhad (Sentoria) achieved a significant milestone today with the successful convening of its Extraordinary  General Meeting (EGM), a crucial step forward in the company’s pursuit of financial  revitalisation. The...

News

AirAsia Group To Be Listed On Bursa Malaysia In Sept 2024, Tony Fernandes Says

AirAsia Group Sdn Bhd (AAG) is poised to be listed on Bursa Malaysia in September, taking over the listing status of AirAsia X Bhd,...

Tesla Malaysia Drops Prices For Model 3, Model Y By RM8000

Tesla has dropped the price for Model 3 and Model Y by RM8,000, as it has done so in the US, this it said...

Trading Of Turiya Share Halted

Bursa has informed that the trading in the securities relating to TURIYA has been halted with effect from 2.30 p.m., Friday, 26 April 2024. Trading in...

MAA Group Disposes Entire 57% Stake In Turiya For RM52.8 Million

MAA Group has entered into a Share Sale and Purchase Agreement with Khidmat Kejora Sdn Bhd and Neo Pixel Sdn Bhd for the...

Union Lodges Second Police Report Against Human Resources Minister

National Union of Bank Employees has lodged a second police report against Human Resources Minister Steven Sim Chee Keong, after an earlier one was...

Denial! U.S. Embassy Refutes Academic’s Claim Malaysia Unsafe

US Embassy in Kuala Lumpur has said that Malaysia is a safe place to travel following claims by a visiting American academician who had...

Unfounded Optimism: Ringgit May Test 4.80/USD Amid Persistent Fed’s Higher-For-Longer Narrative

Amid signs of easing tensions in the Middle East, the ringgit  followed the expected trajectory, strengthening and stabilising  within a narrow range of 4.776...

Gold Prices Edge Higher On Weak U.S. Data; PCE Inflation Awaited

Gold prices rose in Asian trade on Friday as signs of a cooling U.S. economy fed some demand for the yellow metal, although gains...

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Trade

MITI Rebrands With New Tagline And States Four Strategic...

The Ministry of Investment, Trade & Industry has unveiled a new refreshed logo and...

March CPI Below Expectations, Risk To Inflation Lies In...

OCBC in its report over the latest Consumer Price Index data released by the...

Invest Malaysia 2024: China Support For Malaysia’s Economic Vision

Bursa Malaysia Berhad in collaboration with China International Capital Corporation Limited and Malayan Banking...

China Investors Keen On Penang

Already being recognised as the semiconductor hub in Asia, Penang has become a prime...

Malaysia To Get More Brazilian Chicken

Brazil’s government has said four additional poultry plants have been cleared to sell halal...

Foreign Buying Of Local Bond In March Probably Short...

Following three consecutive months of net selling, foreign investors turned net buyers of Malaysian...

1Q Growth Reinforces Full Year’s 4.5-5% GDP Forecast: Kenanga

The Department of Statistics, in its third quarterly advance GDP release, showed 1Q24 GDP...

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