Natural disasters cost China whopping RM60.2bil in first six months of 2024
China suffered direct economic loss worth 93.16 billion yuan ($12.83 billion - RM60.2 billion) in the first half of this…
Ringgit rises against greenback
The ringgit continued to trade higher against the US dollar at the close yesterday amid the increasing prospect of interest…
CBH Engineering to use listing funds to buy equipment
ACE Market-bound CBH Engineering Holding Bhd will be utilising its listing proceeds for the procurement of equipment and components for…
Shin Yang buys firms for RM145mil
Shin Yang Group Bhd has entered into two conditional share sale agreements for the acquisition of four companies for RM144.5mil.
Aneka Jaringan wins RM53mil logistics hub job
Aneka Jaringan Holdings Bhd has accepted a letter of award from Grand Dynamic Builders Sdn Bhd for the proposed construction…
Asia Poly buys 50% stake in Darwell Asia
Asia Poly Holdings Bhd is acquiring 250,000 shares, representing a 50% stake in Darwell Asia Pacific Sdn Bhd – a…
Healthcare to contribute RM19.6bil to economy in 2024
The impressive growth of Malaysia’s healthcare industry has solidified the country’s position as a key player in the global market,…
Rating upgrade to spur fund inflows
Analysts and fund managers are expecting further foreign fund inflows following a country upgrade by JPMorgan from “underweight” to “neutral.”
Current OPR of 3% is supportive of the economy
Bank Negara has kept the overnight policy rate (OPR) unchanged at 3% following the conclusion of its two-day monetary policy…