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PM woos global investors, assures necessary reforms being taken to provide better business environment
NEW YORK (Sept 22): Prime Minister Datuk Seri Anwar Ibrahim on Friday assured global investors looki...
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7-Eleven, Maxis, Toyo Ventures, Bina Puri, KNM, Eco World, Comintel, Visdynamics, KESM Industries, AZRB, Dayang and Kronologi Asia
KUALA LUMPUR (Sept 21): Here is a brief recap of some corporate announcements that made news on Thur...
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EVENING 5: Five things you need to know today
EVENING 5: 7-11 gets a higher price tag for Caring Here’s a quick look at some of the stories that m...
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Labuan FSA, Labuan IBFC host conference on Insurance Capital Adequacy Framework
LABUAN (Sept 21): Labuan Financial Services Authority (Labuan FSA) and Labuan IBFC Incorporated Sdn ...
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7-Eleven Malaysia unit sells 75% stake in Caring to BIG Pharmacy for RM675m
KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd’s (SEM) wholly owned subsidiary Convenience Shopping (S...
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7-Eleven to sell Caring stake at higher price tag of RM675 mil to BIG Pharmacy
KUALA LUMPUR (Sept 21): 7-Eleven Malaysia Holdings Bhd will dispose of its 75% stake in Caring Pharm...
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High Court allows Maxis unit to start judicial review on RM104 mil IRB tax assessment
KUALA LUMPUR (Sept 21): Maxis Bhd’s wholly-owned subsidiary, Maxis Broadband Sdn Bhd (MBSB) has been...
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Toyo Ventures makes bid for summary disposal of RM49 mil suit
KUALA LUMPUR (Sept 21): Toyo Ventures Holdings Bhd is looking to have a US$10.36 million (RM48.62 mi...
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MSM unveils first EV-van for last mile delivery
KUALA LUMPUR: MSM Malaysia Holdings Berhad (MSM), the producer of the leading national refined sugar...
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KNM granted reprieve from creditors pending finality of RO extension application
KUALA LUMPUR (Sept 21): The High Court here has granted cash-strapped KNM Group Bhd an extension on ...
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Turkiye agrees MAHB will continue to operate Istanbul airport
NEW YORK: Turkiye has agreed that Malaysia Airports Holdings Bhd (MAHB) will continue to operate th...
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Bina Puri’s substantial shareholder offloads entire stake
KUALA LUMPUR (Sept 21): Bina Puri Holdings Bhd’s fourth largest shareholder, Maju Offshore Sdn Bhd, ...
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Eco World Development’s 3Q net profit rises 43%, declares two sen dividend
KUALA LUMPUR (Sept 21): Eco World Development Group Bhd’s net profit for the third quarter ended Jul...
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Comintel's 2Q earnings jump on better performance from construction segment
KUALA LUMPUR (Sept 21): Comintel Corp Bhd saw a more than five-fold rise in net profit to RM8.42 mil...
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Visdynamics 3Q profit rises 18% on lower expenses
KUALA LUMPUR (Sept 21): Visdynamics Holdings Bhd posted a net profit of RM1.59 million for the third...
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Putrajaya to unveil development blueprint for VC, startup ecosystem in 1Q2024, says Rafizi
KUALA LUMPUR (Sept 21): The government is aiming to ascend Kuala Lumpur to be among the 20 cities gl...
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KESM posts first annual loss in FY2023
KUALA LUMPUR (Sept 21): KESM Industries Bhd registered an annual net loss of RM3.13 million for the ...
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AZRB plans 10% private placement to raise RM12.7m for working capital
KUALA LUMPUR (Sept 21): Ahmad Zaki Resources Bhd (AZRB) plans to undertake a private placement of 10...
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SapuraOMV extends Dayang's maintenance contract to end-2024
KUALA LUMPUR (Sept 21): Dayang Enterprise Holdings Bhd’s Pan Malaysia contract from SapuraOMV Upstre...
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Public Bank extends RM1 bil financing to SMEs with SJPP
KUALA LUMPUR (Sept 21): Public Bank Bhd is extending RM1 billion in financing to small and medium en...
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UMW Group’s automotive sales up 18% to 41,386 in August 2023
KUALA LUMPUR (Sept 21): UMW Group's automotive sales increased by 18% in August 2023 with 41,386 uni...
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Govt should improve IP registration process, Dewan Negara told
KUALA LUMPUR (Sept 21): The government has been asked to improve the efficiency of the intellectual ...
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Court: Zahid’s DNAA sparks firestorm
This article first appeared in The Edge Malaysia Weekly on September 11, 2023 - September 17, 2023 I...
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Kronologi's 2Q profit slips 2% on higher expenses
KUALA LUMPUR (Sept 21): Kronologi Asia Bhd registered a slight decline in net profit by 1.93% to RM3...
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KWAP launches RM500m new fund to focus on VC, startups
KUALA LUMPUR (Sept 21): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is setting up a RM500 million...
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Boost’s brownfield lending business sets foundation for digital banking path to profitability
This article first appeared in The Edge Malaysia Weekly on September 11, 2023 - September 17, 2023 I...
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VinFast to deliver EVs to Europe this year as EU probes China rivals
HANOI (Sept 21): Vietnamese electric vehicles maker VinFast plans to ship its first EVs to Europe th...
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Sime Darby Property, TNB seal MOU on solar energy initiatives
KUALA LUMPUR (Sept 21): Sime Darby Property Bhd has signed a memorandum of understanding (MOU) with ...
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Eupe, Haily, Innity, MBright, MKH, Netx, PMCorp, VSolar, WTK, ILB
KUALA LUMPUR (Sept 21): theedgemalaysia.com highlighted nine stocks with negative momentum and one w...
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Unprofitable Chinese EV maker Nio unveils phone pitched at drivers
(Sept 21): While Chinese tech companies have long harboured ambitions to move into the electric car ...
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Cover Story: Government to stay out of GLCs’ commercial decisions but board and management must be held accountable
This article first appeared in The Edge Malaysia Weekly on September 11, 2023 - September 17, 2023 T...
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Cover Story: improving connectivity for all Malaysians
This article first appeared in The Edge Malaysia Weekly on September 11, 2023 - September 17, 2023 A...
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Analysts raise target prices for Scientex on robust property demand
KUALA LUMPUR (Sept 21): Analysts have raised their target prices (TPs) for Scientex Bhd after its fi...
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RHB sees low visibility for auto sector and weaker car sales prospects in 2024
KUALA LUMPUR (Sept 21): RHB Research maintained its "neutral" stance on the automotive sector due to...
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Bursa Malaysia opens higher as buying interest re-emerges
KUALA LUMPUR: Bursa Malaysia opened higher on Thursday as buying activities emerged with the US Fede...
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Kenanga expects operating environment to remain challenging for Supermax
KUALA LUMPUR (Sept 21): Kenanga Research said it was only mildly positive on the US lifting a ban on...
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HLIB remains upbeat on Focus Point’s optical segment
KUALA LUMPUR (Sept 21): Hong Leong Investment Bank (HLIB) Research has maintained its “buy” rating o...
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Turkiye agrees on MAHB to continue operating ISG International Airport - Anwar
NEW YORK (Sept 21): Turkiye has agreed that Malaysia Airports Holdings Bhd (MAHB) will continue to o...
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MGM Resorts recovers from cyberattack, but still no digital room keys
(Sept 21): MGM Resorts said on Wednesday its hotels and casinos were back to normal operations but i...
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Opcom, Scientex, Supermax, Ramssol, OneTech, Central Global, Eco World International, CB Industrial, Cypark, Harvest Miracle, Capital A and MN Holdings
KUALA LUMPUR (Sept 20): Here is a brief recap of some corporate announcements that made news on Wedn...
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Boeing slightly raises China 20-year demand outlook to 8,560 new planes
SHANGHAI (Sept 20): Boeing on Wednesday slightly increased its annual 20-year forecast for new plane...
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UAW strikes a Mercedes parts plant as union eyes more targets
(Sept 20): The United Auto Workers (UAW) struck a plant that makes parts for Mercedes-Benz Group AG ...
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Ford says UK rolling back petrol-car ban risks EV shift
(Sept 20): Ford Motor Co said the transition to electric cars will suffer should the UK follow throu...
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EVENING 5: Five things you need to know today
EVENING 5: US lifts ban on Supermax’s products Here’s a quick look at some of the stories that made ...
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Ramssol to subscribe for 10% stake in Elmu Education group
KUALA LUMPUR (Sept 20): Human Resources solutions provider Ramssol Group Bhd is buying 10% stake in ...
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Central Global files lawsuit over outstanding payments from Penang apartment construction job
KUALA LUMPUR (Sept 20): Central Global Bhd’s (CGB) wholly-owned unit Proventus Bina Sdn Bhd has comm...
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AIBIM unveils myWakaf 2.0, flagship project
KUALA LUMPUR: myWakaf 2.0, initiated by the Association of Islamic Banking and Financial Institution...
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Yacktman Asset Management ceases to be substantial shareholder in CB Industrial
KUALA LUMPUR Lumpur (Sept 20): CB Industrial Product Holding Berhad (CBIP) said Yacktman Asset Manag...
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Germany weighs curbs on Huawei, sparking telco backlash
BERLIN (Sept 20): Germany's interior ministry is planning to force telecoms operators to slash their...
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Toshiba says JIP's US$14b tender offer set to succeed
TOKYO (Sept 20): A US$14 billion (RM65.7 billion) tender offer to take Toshiba private is set to suc...
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Eco World International 3Q net loss narrows to RM12 mil as revenue falls on price discounts
KUALA LUMPUR (Sept 20): Eco World International Bhd posted a lower net loss of RM12.30 million for i...
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Scientex posts record high RM4 billion revenue for FY23
PETALING JAYA: Packaging manufacturer and property developer Scientex Bhd attained a net profit of R...
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Cypark co-founder and group CEO Daud Ahmad ceases to be substantial shareholder
KUALA LUMPUR (Sept 20): Cypark Resources Bhd co-founder and group chief executive officer Datuk Daud...
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Harvest Miracle to divest 40% stake in Viewnet Computer System to related party
KUALA LUMPUR (Sept 20): Harvest Miracle Capital Bhd, formerly known as Vortex Consolidated Bhd, has ...
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German investment in China eases in H1 after record high
BERLIN (Sept 20): German direct investment in China eased in the first half (1H) of the year albeit ...
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Capital A unit inks deal to establish MRO business in Cambodia
KUALA LUMPUR (Sept 20): Capital A Bhd’s wholly owned subsidiary Asia Digital Engineering Bhd (ADE) h...
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Tony Fernandes open to having Santan becoming MAS’ in-flight catering partner
PETALING JAYA: Capital A CEO Tan Sri Tony Fernandes has expressed his openness to work alongside Mal...
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China accuses US of hacking Huawei servers as far back as 2009
(Sept 20): China accused the US of infiltrating Huawei Technologies Co servers beginning in 2009, pa...
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HLB lodges issuances of medium-term notes and commercial papers of RM10b each
KUALA LUMPUR (Sept 20): Hong Leong Bank Bhd (HLB) has lodged a multi-currency programme for the issu...
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Naim and related companies climb, spurring speculation of a corporate exercise
This article first appeared in The Edge Malaysia Weekly on September 11, 2023 - September 17, 2023 T...
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PTT Synergy ventures into warehouse leasing business, investing RM160m to build Shah Alam facility
KUALA LUMPUR (Sept 20): Integrated construction and property firm PTT Synergy Group Bhd (PTTS) has d...
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Suria KLCC remains upbeat despite looming competition and economic uncertainty
This article first appeared in The Edge Malaysia Weekly on September 11, 2023 - September 17, 2023 T...
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Opcom buys 18% stake in Binasat from MD for RM39m
KUALA LUMPUR (Sept 20): Opcom Holdings Bhd is buying a 18.03% stake or 70 million shares in ACE Mark...
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PRG's HK unit Furniweb to dispose of loss-making PVC firm for RM9m
KUALA LUMPUR (Sept 20): PRG Holdings Bhd's 50.45%-owned subsidiary Furniweb Holdings Ltd is disposin...
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WhatsApp adds rival in-app payment options in India commerce push
NEW DELHI/NEW YORK (Sept 20): WhatsApp said on Wednesday that it will offer credit card payments and...
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Ekovest, Gadang, Swift, Acme, BLand, DPS, MNC, OSKVI, WTK
KUALA LUMPUR (Sept 20): theedgemalaysia.com highlighted two stocks with positive momentum and seven ...
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Scientex ends FY2023 on high note, recommends five sen dividend
KUALA LUMPUR (Sept 20): Global packaging manufacturer and property developer Scientex Bhd posted a s...
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Banks’ 2H earnings may be similar to 1H despite easing of NIM pressure
This article first appeared in The Edge Malaysia Weekly on September 11, 2023 - September 17, 2023 A...
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Rhong Khen, PTT Synergy explore collaboration in system pallet business
KUALA LUMPUR (Sept 20): Furniture manufacturer Rhong Khen International Bhd, formerly known as Latit...
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MN Holdings bags RM18.5m job for substation engineering works
KUALA LUMPUR (Sept 20): Underground utilities and substation engineering specialist MN Holdings Bhd ...
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Huawei unit shipping Chinese-made surveillance chips in fresh comeback sign — sources
BEIJING/SHANGHAI (Sept 20): A Huawei Technologies unit is shipping new Chinese-made chips for survei...
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Instacart founder exits with US$1.1b fortune after IPO
(Sept 20): Instacart co-founder Apoorva Mehta is checking out with a US$1.1 billion (RM5.16 billion)...
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US casino licence bid could lift Genting Malaysia’s fair value by 8%-14% to RM4.32-RM4.55, says CGS-CIMB
KUALA LUMPUR (Sept 20): CGS-CIMB Research estimated that Genting Malaysia Bhd's (GenM) fair value co...
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US lifts import ban on Supermax over forced labour concerns
KUALA LUMPUR (Sept 20): The US allowed imports from Supermax Corp Bhd, after customs authorities lif...
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RHB neutral on rubber sector, foresees improved demand in 2024
KUALA LUMPUR (Sept 20): RHB Research is “neutral” on rubber products due to a lack of demand clarity...
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China's BYD sets Dolphin EV price in Japan at 3.63 million yen - website
TOKYO (Sep 20): China's BYD has set the suggested retail pricing of its Dolphin electric vehicle in ...
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Global 200mm fabs to reach record high capacity by 2026, says SEMI
KUALA LUMPUR (Sept 20): Semiconductor manufacturers worldwide are projected to increase 200mm fab ca...
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Kenanga: Private hospitals main beneficiary of local healthcare system overhaul
KUALA LUMPUR (Sept 20): Kenanga Research has maintained its “overweight” call on the healthcare sect...
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TA Securities bets on no gaming tax hike in Budget 2024, top pick Genting
KUALA LUMPUR (Sept 20): TA Securities Research has maintained an "overweight" stance on the gaming s...
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Arm shares post third daily loss with IPO buzz fizzling, short sellers hovering
(Sept 20): Shares of Arm Holdings closed down 4.9% on Tuesday, in their third daily decline out of t...
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US lawmaker to urge chip industry group to reduce China investments -source
(Sept 20): The chair of the U.S. House of Representatives' committee on China is planning to meet wi...
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Google tweaks ad auctions to hit revenue targets, says exec
(Sept 20): Alphabet Inc’s Google has tweaked its advertising auctions to ensure it meets revenue tar...
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Intel CEO says its technology is central to AI boom
(Sept 19): Intel Corp chief executive officer Pat Gelsinger, plotting a comeback for the once-domina...
Daily Sentiments
83 News articles
33
Positive
37
Neutral
13
Negative
83 News articles
Positive
33
Neutral
37
Negative
13