NZ eyes more spending cuts, revenue options
New Zealand’s Treasury Department is examining further measures to reduce government spending and increase revenue as the weak economy continues…
Double revenue target for Gamuda by FY28
Gamuda Bhd aims to double its revenue to RM30bil by the financial year ending July 31, 2028 (FY28) from FY24,…
Sime Darby Motors enters service-centre market
Sime Darby Motors (SDM) is eyeing expansion of its new multi-franchise one-stop service centre brand, Drivecare, in the South-East Asia…
UAE sells US$1.5bil debt in first deal since September
The United Arab Emirates (UAE) sold its first Eurobonds since September, offering investors 10-year dollar debt.
IOIProp to further elevate group’s net gearing level
IOI Properties Group Bhd’s (IOIProp) proposed acquisition of Singapore-based Shenton 101 Pte Ltd is expected to pave the way for…
Ramssol to expand with new acquisition
Ramssol Group Bhd is poised to expand its presence in South-East Asia via its wholly owned subsidiary’s proposed 51% acquisition…
Circle K earnings miss estimates as fuel demand dips
Alimentation Couche-Tard Inc, Canada’s most valuable retailer and the operator of the Circle K and Couche-Tard chains, reported lower-than-expected earnings…
TRC Synergy to prosper from new navy contract
TRC Synergy Bhd’s latest contract win worth RM125mil from BHIC Submarine Engineering Services Sdn Bhd, a subsidiary of Boustead Heavy…
Foreign investment inflows for 2023 reach RM40.4bil
Malaysia recorded foreign direct investment (FDI) net inflows of RM40.4bil in 2023 from RM75.4bil the previous year, says the Statistics…