CPO prices pierce RM4,000 for third time this year
KUALA LUMPUR (March 8): Crude palm oil (CPO) futures extended their gains today on the back of higher crude oil and soybean oil futures prices. The…
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Bintai Kinden, Chin Hin, Hextar Global, TFP Solutions, Favelle Favco, MCE Holdings, Datasonic, Magni-Tech Industries and Complete Logistics
KUALA LUMPUR (March 8): Based on corporate announcements and news flow today, companies in focus on Tuesday (March 9) may include: Bintai Kinden Corp Bhd,…
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MyDIGITAL an opportunity to cast away the rent-seeking culture
AS Malaysia embarks on an ambitious digital economy plan that includes a target to produce unicorns — start-ups valued at more than US$1 billion (RM4.05…
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Democrats push Biden's US$1.9 tril Covid bill through Senate on party-line vote
WASHINGTON: The US Senate on Saturday (March 6) passed President Joe Biden’s US$1.9 trillion Covid-19 relief plan in a party-line vote, after an all-night session…
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Malaysia's economy to remain on positive growth trajectory despite uncertainty on global front – Nazri Khan
KUALA LUMPUR (March 7): Malaysia’s economy is expected to remain on the positive growth trajectory moving forward, despite uncertainty on the global economic front, as…
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12MP to be tabled once Parliament allowed to sit, says Mustapa
JELI (March 7): The 12th Malaysia Plan (12MP) will be tabled once Parliament is allowed to sit, Minister in the Prime Minister’s Department (Economy) Datuk…
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Covid: 1,683 new cases, three deaths reported Sunday, says Health DG
KUALA LUMPUR (March 7): The number of daily Covid-19 positive cases in the country remained below 2,000 for the second straight day, with 1,683 cases…
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KKMM committed to implementing Jendela initiatives this year
PUTRAJAYA (March 7): The Ministry of Communications and Multimedia (KKMM) is committed to implementing initiatives under the National Digital Network (Jendela) this year, in efforts…
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XE Market Analysis: Asia – Mar 05, 2021
The DXY hit three-month highs of 92.19 in early trade on Friday following the jobs report. While it may be too soon to get on board the recovery train, the February jobs report significantly beat forecasts and supports the Fed view that the economy is picking up the pace faster than expected after a year […]
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What's next for AMMB after RM2.8b settlement over 1MDB fiasco?
KUALA LUMPUR (March 6): It is now just over a week since AMMB Holdings Bhd stunned the market on Feb 26 with news that it would…
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MPHB’s talks to sell insurance arm cast limelight on foreign ownership cap
KUALA LUMPUR (March 5): MPHB Capital Bhd said it is still in talks with Generali Asia — a subsidiary of Italian Generali Group — about…
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After penny stocks, now small-caps in vogue
KUALA LUMPUR (March 6): As the penny stock fever cools, trading interest appears to have shifted to small- and mid-cap companies, with more share price spikes…
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KLCI futures expected to retest 1,600 level next week
KUALA LUMPUR (March 6): The FBM KLCI futures contract is likely to move on the upside bias next week, tracking the expected better performance of the…
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AirAsia partners with MaGIC to explore urban drone deliveries
KUALA LUMPUR (March 6): AirAsia Group Bhd, via its logistics arm Teleport, is partnering with the Malaysian Global Innovation and Creativity Centre (MaGIC) — the lead secretariat…