Malaysian ringgit is an unseen gem about to be uncovered
SINGAPORE (Oct 12): The Malaysian ringgit has been a brilliant under-the-radar story of 2017, and the gains have further to go. Since January, when USD/MYR traded…
Tag Archives: Technical Analysis
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TNB joins PetDag, GreenTech Malaysia to install 100 ChargEV stations by 2018
KUALA LUMPUR (Oct 12): Petronas Dagangan Bhd (PetDag) today entered into a tripartite partnership with Malaysian Green Technology Corporation (GreenTech Malaysia) and TNB Energy Services…
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Asiamet, DGB, Permaju, Hubline, MNC, SWS
KUALA LUMPUR (Oct 12): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed three with positive momentum and three…
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Petronas is said to seek exit from Iraq’s Majnoon oil field
KUALA LUMPUR (Oct 12): Petroliam Nasional Bhd, the Malaysian state oil producer, plans to exit its stake in Iraq’s giant Majnoon oil field, people with…
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Malaysia raises Nov crude palm oil export tax to 6.5% — govt circular
KUALA LUMPUR (Oct 12): Malaysia, the world’s second-largest palm oil producer after Indonesia, will increase its crude palm oil export tax to 6.5% in November,…
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Hong Leong: Malaysia's 700MHz spectrum pricing 'pro-business'
KUALA LUMPUR (Oct 12): The Malaysian Communications and Multimedia Commission’s (MCMC) planned 700MHz spectrum allocation is positive for local telecommunication companies (telco) due to a…
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Airbus buys remaining 60% stake in Malaysian repair firm Sepang
LONDON (Oct 12): Sepang Aircraft Engineering becomes wholly-owned Airbus unit as part of strategy to expand service revenue, planemaker says in statement. * Airbus purchased initial…
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Johan chief ups takeover offer price to 26 sen apiece
KUALA LUMPUR (Oct 12): Johan Holdings Bhd chief executive Tan Sri Tan Kay Hock and his wife Puan Sri Tan Swee Bee have upped the…
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Johan Holdings CEO launches takeover at 25 sen a share
KUALA LUMPUR: Johan Holdings Bhd’s chairman and chief executive officer Tan Sri Tan Kay Hock, who owns 48.17% stake, has launched a mandatory takeover offer at 25 sen a share.
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MAHB to introduce airside transfer at KLIA, klia2 next year
SEPANG: Malaysia Airports Holdings Bhd (MAHB) will introduce the “airside transfer check-in service” at the Kuala Lumpur International Airport (KLIA) and klia2 from next year.
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Trading volume surges but KLCI slumps on telcos, Genting losses
KUALA LUMPUR: Trading volume on Bursa Malaysia surged past the three billion shares mark on buying of penny stocks but the FBM KLCI slumped nearly four points on selling of telcos and Genting shares.
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Pricey property leaves Hong Kong families struggling to buy own home
HONG KONG: When Hong Kong Chief Executive Carrie Lam officially announced a new “Starter Homes” scheme on Wednesday to help middle-class families own their first home, 27-year-old bank employee Jeffrey Chan was left unmoved.