Clik here to view.
Maybank Positive On Axiata’s Merger Talk
The official announcement of the non-binding MoU for the merger of XL and Smartfren merely confirms long-standing news reports on the matter. Maybank IB views the consolidation as a healthy market...
View ArticleClik here to view.
YTL Power’s Euphoria Continues
Maybank Investment Bank’s (Maybank IB) expectation of PowerSeraya’s earnings peaking in FY24 is unchanged. Wessex could, however, return to the black earlier than Maybank IB expected as UK inflation...
View ArticleClik here to view.
MDEC, MyIX Continue to Drive Malaysia’s Digital Economy to Higher Levels
Malaysia Digital Economy Corporation (MDEC) and Malaysia Internet Exchange (MyIX) are continuing their efforts to position Malaysia as a leading digital economy in the region while promoting Malaysian...
View ArticleClik here to view.
Under Appreciated KL Forest Eco Park To Get An Uplift
The Natural Resources and Environmental Sustainability Minister, Nik Nazmi Nik Ahmad, believes that the Kuala Lumpur Forest Eco Park in Bukit Nanas has the potential to be developed and promoted as a...
View ArticleClik here to view.
Cyber Security Bill Expected To Be Tabled By Year-End
“We recently concluded our third meeting on the Bill, chaired by the Communications Minister, Fahmi Fadzil and the Minister in the Prime Minister’s Department (Law and Institutional Reform), Datuk Seri...
View ArticleClik here to view.
PM’s Visit To Kazakhstan, Uzbekistan Yields RM2.4 Billion In Trade
The Ministry of Investment, Trade & Industry (MITI) has secured RM2.4 billion of potential exports of Malaysian goods and services through the inaugural official visit of Malaysia’s Prime Minister...
View ArticleClik here to view.
OCK Partners SenseTime In Offering AI Driven Solutions To Customers
OCK Group Berhad, has entered into a strategic partnership with SenseTime a leading AI software company in effort to leverage its market-leading artificial intelligence platform to accelerate growth,...
View ArticleClik here to view.
Sunview Exploring RE Projects In Uzbekistan
Solar specialist, Sunview Group Berhad announced that its wholly owned subsidiary Fabulous Sunview has entered into a business alliance with LLC Yashil Energiva in exploring business opportunities in...
View ArticleClik here to view.
Petronas Dagangan To See A Change Of Chief Operating Officer
Petronas Dagangan has announced the resignation of its current Chief Operating Officer Khalil Jafri Muhammad Muri who will step down from his post on June 1 as part of the group’s staff mobility. The...
View ArticleClik here to view.
Karex Recorded 171% Surge In Q3 PAT As Tender Market Sales Picked Up
During the third quarter ended 31 March 2024, condom maker Karex recorded a revenue of RM127 million representing a 2.7% increase from the same quarter in the previous financial year. This quarter’s...
View ArticleClik here to view.
Elon Offered Two Potential Areas For Investment In Indonesia
The Indonesian Coordinating Minister for Maritime Affairs and Investment, highlighted two potential areas for investment offered to Elon Musk in Indonesia, namely a rocket launch pad and lithium...
View ArticleClik here to view.
TSH Set To Ride The Year Steadily
TSH’s 1QFY24 results met forecast but disappointed the market notes Kenanga, while its FFB output and average CPO price realised were flattish. Its 1QFY24 core net profit surged multiple times YoY from...
View ArticleClik here to view.
Takaful Plan Is For Tomorrow’s Sorrow
By: Dr. Syarah Syahira Mohd Yusoff, Dr. Mohd Zaidi Md Zabri In the aftermath of the COVID-19 pandemic, a significant transformation has unfolded within the realm of financial security, particularly...
View ArticleClik here to view.
SC Unveils 5-Year Roadmap Making Capital Market More Accessible For MSMEs, MTCs
The Securities Commission Malaysia has unveiled a 5-year Roadmap aimed at better positioning the capital market as an attractive and robust source of financing for micro, small and medium enterprises...
View ArticleClik here to view.
MSM Delivers Sweet Success This Quarter After Losses In Q1FY23
MSM Malaysia Holdings Berhad recorded a profit before tax (PBT) of RM66 million and profit after tax of RM41 million for the first quarter (1Q) of the financial year ending December 2024 (FY2024),...
View ArticleClik here to view.
SDP To Build And Lease Data Centre For Raiden APAC In A Deal Worth RM2 Billion
Sime Darby Property announced that it has entered into an agreement to build and lease with Pearl Computing Malaysia Sdn. Bhd., a wholly-owned subsidiary of Raiden APAC Pte. Ltd. a hyperscale data...
View ArticleClik here to view.
BFood In The Red For Q1 Affected From Boycott, Disposes Jollibean Stake
Franchise owner of popular fast food chains, Starbucks and Kenny Rogers, Berjaya Food Berhad posted a lower revenue of RM138.65 million as compared to a revenue of RM265.85 million in the previous...
View ArticleClik here to view.
IBM Unveils Major AI Innovations and Open Source Initiatives at THINK 2024
IBM recently announced several new updates to its watsonx platform one year after its introduction, as well as upcoming data and automation capabilities designed to make artificial intelligence (AI)...
View ArticleClik here to view.
YTL Power Remains A Proxy To AI Data Centre
YTL Power’s 9MFY24 result came in within expectations. The group reported 3QFY24 net profit of RM699m, bringing9MFY24 net profit to 2.4b, making up 77%/78% of Maybank’s/consensus’ full year estimates....
View ArticleClik here to view.
KL Residents Against Flood Retention Pond Area Being Degazetted For...
A coalition of residents’ associations, NGOs and educational institutions in the capital has raised strong objection against the proposed rezoning of public reserved land in Kampung Bohol for high...
View Article