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
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: 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: 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: 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: 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: 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 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
KUALA LUMPUR:Lotte Chemical Titan Holding Bhd (LCT) has announced that the Eagle US2 LLC’s (Eagle US) shareholding in LACC LCC — a joint venture of Lotte Chemical Corporation’s subsidiary, Lotte Chemical USA Corp (LC USA) and Eagle US — will remain at 46.77 per cent. Read full story
KUALA LUMPUR: Westports Holdings Bhd has announced that the container and conventional facilities at Westports, Port Klang were not impacted by the flash floods on Dec 17 and 18, 2021. Read full story
GOLD prices steadied on Monday near a three-week high scaled last week, as fears over the rapidly spreading Omicron coronavirus variant buoyed the metal’s safe-haven appeal. Read full story