News

KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) is offering its BizBina-i financing to assist micro, small and medium entrepreneurs (MSMEs) whose business operations have been affected by the recent floods.  Read full story

KUALA LUMPUR: Bursa Malaysia ended the morning trading session slightly lower, although renewed buying in selected heavyweights — led by the financial services as well as the telecommunications and services counters — limited losses, dealers said. Read full story

China Mobile, the world’s largest mobile network operator by total subscribers, said on Tuesday it aims to raise up to 56 billion yuan ($8.8 billion) in a Shanghai public offering, a year after being kicked off the New York Stock Exchange. Read full story

KUALA LUMPUR: The government should continue its existing income relief measures to target groups for at least another six months to maintain financial support for the poor and vulnerable group in the near term, said the World Bank Group.  Read full story

KUALA LUMPUR: Economic recovery in Malaysia is expected to gain momentum in 2022, with the World Bank projecting the economy to grow by 5.8 per cent, mainly driven by an acceleration in private consumption. Read full story

KUALA LUMPUR: Swift Haulage Bhd has made its official debut on the Main Market of Bursa Malaysia under the stock name ‘Swift’ and stock code “5303”.. Read full story

KUALA LUMPUR: Bursa Malaysia ended slightly lower today on continued selling in selected heavyweights led by Top Glove and Press Metal, despite the upbeat performance in regional markets. Read full story

KUALA LUMPUR: The government has decided to increase the National Trust Fund (KWAN) allocation to RM6 billion from RM5 billion previously to ensure a sufficient supply of vaccines, including booster doses, for not only the adult population but also teenagers. Read full story

KUALA LUMPUR: The Securities Commission Malaysia (SC) is liberalising the unit trust fund framework to enable retail funds to invest in and offer a wider range of investment instruments and activities. Read full story

KUALA LUMPUR: Construction company Gamuda Bhd posted a higher net profit of RM152.37 million in the first quarter ended Oct 31, 2021 (Q1 FY2022) from RM110.3 million a year ago. Read full story