Stock Market & Investment News
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Malaysia's November manufacturing PMI rises to 52.3
KUALA LUMPUR: The Malaysian manufacturing sector continued to improve in November, with further expansion in both output and new orders, according to the latest IHS Markit data. Read full story
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Asian factories shake off supply headaches but Omicron presents new risks
TOKYO: Asian factory activity grew in November as crippling supply bottlenecks eased, but rising input costs and renewed weakness in China dampened the region’s prospects for an early, sustained recovery from pandemic paralysis. Read full story
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Petronas awards feed contracts for Sabah's nearshore LNG project
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has awarded two Front End Engineering Design (FEED) contracts to JGC Corporation-Samsung Heavy Industries consortium and to SAIPEM Spa. Read full story
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Cagamas concludes pricing of RM4bil worth of bonds, sukuk
KUALA LUMPUR: Cagamas Bhd has announced its aggregate issuances of RM4 billion worth of bonds and sukuk in a single month. Read full story
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Bintai Kinden signs MoU for RM700mil GDV development near KLIA
KUALA LUMPUR: Bintai Kinden Corp Bhd has signed a memorandum of understanding with Charter Built Sdn Bhd to jointly develop 36ha of industrial land near Kuala Lumpur International Airport. Read full story
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Awanbiru inks RM79.89mil deal for supply of Google workspace solutions
KUALA LUMPUR: Awanbiru Technology Bhd’s wholly owned subsidiary has entered into a RM75.89mil contract with Pernec Integrated Network Systems Sdn Bhd for the supply of Google workspace solution and support services for a unified communication and collaborative service managed by Pernec. Read full story