Latest
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Corporate News
EI Power bags RM90mil data centre contract
EI Power Bhd's (EIP) wholly owned subsidiary, EI Power Technologies Sdn Bhd, has secured a RM90.1mil works subcontract agreement (WSA) for a data centre project in Johor.
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Corporate News
KHPT wins Proton project
KHPT Holdings Bhd has secured a letter of acceptance (LoA) from Perusahaan Otomobil Nasional Sdn Bhd (Proton) for the supply of automotive structural components for a new Proton model.
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Corporate News
WCT lands RM529mil Abu Dhabi project
WCT Holdings Bhd has secured a contract from United Arab Emirates (UAE)-based Construction General Contracting House Ltd (CGCH) to undertake a commercial and residential building project in Abu Dhabi worth RM528.99mil.
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Corporate News
Thailand capacity expansion to buoy Top Glove
Top Glove Corp Bhd expects its running capacity to rise, driven by expansion in Thailand and continued automation efforts, as the Malaysian glovemaker works around labour constraints and volatile demand conditions.
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Corporate News
Binastra 1Q revenue surges to RM606mil
Binastra Corp Bhd expects Malaysia's construction sector to remain resilient, supported by ongoing infrastructure investments, industrial expansion, and private sector development initiatives under programmes such as the New Industrial Master Plan 2030 and the National Energy Transition Roadmap.
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Economy
Crucial to be more prepared for disruption
Global trade is facing increasing uncertainty with the ongoing conflicts in West Asia continuing to disrupt global supply chains, and as a highly open trading nation, Malaysia is not immune to these developments.
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Corporate News
IJM’s TOD initiative to widen its footprint
IJM Corp Bhd's latest transit-oriented development (TOD) initiative is expected to strengthen its presence in the Klang Valley property market, while advancing its strategy of pursuing quicker project monetisation through developments linked to public transport infrastructure.
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Corporate News
Sum Technology jumps on ACE Market debut
Sum Technology Bhd has posted a strong start on its ACE Market debut, opening at 40 sen – a premium of 12 sen, or 42.9% – over its initial public offering (IPO) price of 28 sen.
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Markets
Share buybacks not seen to offset foreign fund outflows
Share buybacks are unlikely to provide a meaningful buffer against foreign fund outflows from the local market, as the scale of such purchases remains too small relative to the amount of capital leaving the market.
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Banking
UOB targets affluent growth
United Overseas Bank (M) Bhd (UOB) intends to double its affluent customer base by 2028, elevating its wealth proposition to meet rising income levels, increasing financial sophistication, and evolving client expectations.
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Commodities
Crude oil to find its level
Oil prices have tumbled drastically to dip below US$80 per barrel following the United States-Iran peace deal, but industry experts do not expect the global benchmark Brent crude to return to pre-conflict levels anytime soon.
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Corporate News
Higher jet fuel prices expected to pose a challenge for AAX in 2Q
AirAsia X Bhd (AAX) is expected to post a weak performance in the second quarter of financial year 2026 (2Q26).
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Corporate News
MRCB’s AI-ready data centre brightens outlook
Malaysian Resources Corp Bhd's (MRCB) entry into the artificial intelligence (AI)-ready data centre (DC) space has drawn a positive response from analysts.
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Corporate News
Coastal Contracts poised for earnings lift
Coastal Contracts Bhd is poised for strong medium-term earnings growth, driven by an expanding operations and maintenance (O&M) portfolio and a growing engineering, procurement, and construction (EPC) pipeline, says TA Research.
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Corporate News
EcoWorld Malaysia inches closer to FY26 sales target
Eco World Development Group Bhd (EcoWorld Malaysia) has recorded RM3.28bil in sales during the first seven months of financial year 2026 (FY26), achieving 82% of its full-year sales target of RM4bil.
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Economy
Consumer picks hold firm
The consumer sector is expected to remain resilient through the second half of 2026 (2H26), although rising cost pressures and softer spending momentum are likely to weigh on profitability and temper earnings growth across the industry.
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Economy
Global green economy tops US$10 trillion
The green economy – the business lines of global listed companies that generate revenue from climate solutions – now boasts a record high market value of US$10 trillion.
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Economy
G7 forms critical minerals alliance to cut reliance
Group of Seven (G7) leaders agree to step up coordination to cut their countries' reliance on China for critical minerals, including plans to align stockpiling and launch a new platform with a bigger role for the International Energy Agency.
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Markets
Default shakes a US$80bil corner of Muni Market
More than two decades after Wall Street started pumping out a new type of bonds – those backed by the legal-settlement payments governments receive from cigarette companies – one batch has finally been driven into a default.
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Economy
Fed holds rates steady, officials split over hikes
US Federal Reserve (Fed) officials have left interest rates unchanged and are split over whether they expect to raise rates this year.
