Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
KUALA LUMPUR (May 2): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:
Yinson Holdings Bhd has closed the limited recourse term loan facility of up to US$1.3 billion (RM6.2 billion) for the financing of its Ago...
Loss-making Annum Bhd said on Thursday it has received a show-cause notice from Bursa Malaysia over the company's failure to issue its annual report for the financial period ended June 30, 2023 (FY2023), which was due on Oct 31, 2023.
Versa, a homegrown digital wealth management app, hopes to help Malaysians build financial resilience by adding more value to users’ saving experiences through attractive rewards via its Money Booster campaign.
Banking
MARKET WEIGHT
UOB KAY HIAN RESEARCH (APRIL 15): As the five digital banks prepare to commence operations in the coming months, we anticipate a f...
KUALA LUMPUR: The Small and Medium Enterprises Association of Malaysia (Samenta) has asked the government to exempt small traders and micro enterprises from the upcoming e-invoice regime.
KUALA LUMPUR: The Small and Medium Enterprises Association of Malaysia (Samenta) has asked the government to exempt any business-to-consumer (B2C) enterprise with revenue under RM300,000 from the upcoming e-invoice regime.Its national president Datuk William Ng said customers of ...
It has been a volatile and strange month in the markets. Gold prices crossed an all-time high of over US$2,400 per ounce after Iran launched 350 drones and missiles against Israel, having just crossed US$2,000 earlier in the month. The US 10-year Treasuries yield went back up to 4.6% per annum, w...
During the 1997/98 Asian financial crisis, US Federal Reserve chairman Alan Greenspan famously said that Asia got into trouble because it was mainly a bank-dominated financial system that lacked a “spare tyre”. In American parlance, the spare tyre is the stock market, with the US stock market bei...
KUALA LUMPUR: Malaysia needs a robust framework for Carbon Capture, Utilisation, and Storage (CCUS), much like Indonesia, to unleash its full potential and become a regional hub for the industry, an analyst said."Despite having "carrots" (tax incentives) in place, ...
NEWS
M+ Online and M+ Global merge into all-in-one global trading platform
M+ Online, a trading application by Malacca Securities, has been integrated with M+ Global, the newly launched global trading platform, as it now offers traders a...
KUALA LUMPUR: CIMB Securities Sdn Bhd says the concerns regarding Maxis Bhd's involvement in the 5G network rollout may be exaggerated.According to the research firm, Digital Nasional Bhd (DNB)'s wholesale charge in the 2024 fiscal year (FY24) would ...
KUALA LUMPUR: Telcos are seeking out fresh opportunities to monetise the 5G network, including targeting high net worth retail customers to derive higher revenue.
KUALA LUMPUR: Total alternative fundraising avenues grew by 27.8 per cent from 2022, to RM3.8 billion.Since 2019, total alternative fundraising has grown by 36.5 per annum, driven by equity crowdfunding (ECF)/peer-to-peer financing (P2P financing) fundraising (62.5 per cent per annum) and venture ...
KUALA LUMPUR (March 22): Alpha IVF Group Bhd, which staged a lukewarm listing debut on Bursa Malaysia on Friday, said the fertility care company is in a sunrise industry in Southeast Asia, with strong demand for in-vitro fertilisation treatment amid declining birth rates.
SUBANG: Malaysian Airports Holding Bhd (MAHB) today said that Subang Airport will manage 8 million passengers per annum by 2030 under the Subang Airport Regeneration Plan (SARP), which will bring jet operations back to the airport.In the interim phase however Subang ...
KUCHING: Sakura Ferroalloys Sdn Bhd is investing RM1.41bil to construct a sinter plant and may invest substantially more to produce value-added refined ferromanganese products at its smelting operation in Samalaju Industrial Park at Bintulu.