Latest
-
Economy
Brazil Congress threatens to deal fresh blow to Lula’s financial plan
President Luiz Inacio Lula da Silva's efforts to shore up Brazil's budget are on the brink of another setback after Congress advanced a push to block tax increases on some financial transactions from taking effect.
-
Corporate News
OpenAI wins US$200mil contract for pilot programme
OpenAI has won a US$200mil contract for a pilot programme aimed at helping the US Defence Department determine how it could best use artificial intelligence (AI) for a range of administrative and security tasks.
-
Corporate News
Bina Puri eyes turnaround with FY25 profit
Bina Puri Holdings Bhd is expected to stage a turnaround with a core profit of RM7.8mil for its financial year 2025 ending June 30 (FY25), its first since FY19, says TA Research.
-
Economy
SST unlikely to derail domestic growth
The upcoming expansion of the sales and services tax (SST), slated to take effect on July 1, is unlikely to derail Malaysia's economic growth, although it may trigger a short-term spike in consumer prices, analysts say.
-
Insight
A balancing act for SST
After a two-month delay, the government has announced that the targeted revision of the sale tax rate and expansion of the service tax scope will be implemented on July 1.
-
Auto
Emissions present challenges for Vietnam
A new draft regulation on national car emissions standards introduced by the Agriculture and Environment Ministry underscores the Vietnamese government's commitment to reducing carbon pollution and achieving net-zero emissions by 2050.
-
Corporate News
SunCon poised to exceed job win target
Sunway Construction Group Bhd (SunCon) could surpass its own target of new job wins this year, with Maybank Investment Bank Research (Maybank IB Research) expecting the group to clinch RM8bil of new contracts this year (FY25).
-
Corporate News
Invictus Blue crowned top local integrated agency
Communications agency Invictus Blue has clinched the No. 2 spot on the overall leaderboard at the D-Awards 2025 by the Malaysian Digital Association, making it the highest-ranked local agency in a field largely dominated by international networks.
-
Corporate News
Yinson Production inks US$1bil deal
Yinson Production has closed a US$1bil investment from a consortium comprising a wholly-owned subsidiary of the Abu Dhabi Investment Authority, and funds managed by British Columbia Investment Management Corp and RRJ Group.
-
Corporate News
Deleum targets growth via RM60mil deal
Oil and gas services company Deleum Bhd's proposal to buy regional assets will add more value and options to its operations in its offshore services solutions.
-
Corporate News
Press Metal set for growth amid supply constraints, hedging
UOB Kay Hian Research (UOBKH Research) expects Press Metal Aluminium Holdings Bhd's growth this year to be fuelled by ongoing supply constraints and falling raw material costs.
-
Economy
‘Wage-setting’ ecosystem mooted
Bank Negara believes there is a need to develop a broader wage-setting ecosystem to ensure that fair wages are being paid.
-
Corporate News
Supercomnet set to benefit from boom in medical tech
BIMB Research is positive on Supercomnet Technologies Bhd as it is a niche Malaysian original design manufacturer that is well-positioned to benefit from the growing demand for outsourced medical manufacturing.
-
Corporate News
Port Klang fee hike boosts Westports outlook
The staggered revision of container charges in Port Klang gazetted on June 13 is seen as positive for port operator Westports Holdings Bhd for the higher revenue, although the reliance on transshipment volume that is sensitive to external factors and competition from regional peers remains as risks.
-
Corporate News
Data centres, Vietnam property sector to fuel Gamuda’s growth this year
Construction and engineering giant Gamuda Bhd is expected to secure more jobs and boost its order book in the near term, analysts say.
-
Corporate News
Solarvest expands Asean footprint with Brunei’s solar power deal
Solarvest Holdings Bhd's 34% stake in a large solar photovoltaic project in Brunei is a boost to its regional expansion and business model.
-
Corporate News
BLand signs MoU for Perlis rare earth mining
Berjaya Land (BLand) has signed a memorandum of understanding with Impianan Utara Sdn Bhd to explore rare earth mining and the planting of Napier hybrid grass and Blackthorn durian in Perlis.
-
Corporate News
KPJ to undertake RM32mil renovation works
KPJ Healthcare Bhd is proposing to undertake renovation works at KPJ Damansara Specialist Hospital (DSH) and Damansara Specialist Hospital 2 (DSH2), totalling RM31.97mil.
-
Economy
Liew: Move beyond low-end manufacturing
Malaysia and Singapore must work together to move beyond low-end manufacturing and build a globally competitive supply chain centred on critical minerals as well as frontier technologies, says Deputy Investment, Trade and Industry Minister Liew Chin Tong.
-
Forex
Ringgit almost flat against the greenback
The ringgit ended nearly flat against the US dollar yesterday as investors stayed cautious amid the ongoing military conflict in the Middle East.
