Home Business

Business

Malaysia Business is the latest Malaysia News columnist updated daily. Download the Malaysia News app to the main screen to follow our news.

Bursa Malaysia reverses yesterday’s gains as external headwinds weigh on sentiment

KUALA LUMPUR: Bursa Malaysia reversed yesterday’s gains to close lower today as market sentiment was hampered by external headwinds such as uncertainties surrounding...

Ringgit marginally higher against the greenback

KUALA LUMPUR: The ringgit closed marginally higher today lifted by the positive sentiment about the United States-China trade negotiations, said an analyst....

Gadang earnings in Q1 10.3% lower

PETALING JAYA: Gadang Holdings Bhd’s net profit for the first quarter ended Aug 31, 2019 fell 10.3% to RM14.85 million from RM16.54...

Mavcom: Work on new regulatory framework in final stages, passengers to gain from lower...

PETALING JAYA: The Malaysian Aviation Commission’s (Mavcom) new regulatory framework could see up to 20 million passengers benefiting from a lower passenger service...

EXIM Bank recalls facility, seeks US$43.59m from Barakah unit

PETALING JAYA: Barakah Offshore Petroleum Bhd’s wholly owned subsidiary Kota Laksamana 101 Ltd (KL101) has received a notice of termination, recall and...

RAM sells 33% stake in RAMCI to Experian

KUALA LUMPUR: RAM Holdings Bhd has sold its 33.15% stake in RAM Credit Information Sdn Bhd (RAMCI) to information services company Experian...

HSS Engineers associate bags Pan Borneo job

PETALING JAYA: HSS Integrated Sdn Bhd (HSSI), an associate company of HSS Engineers Bhd, has been appointed as the independent consulting engineer...

Glomac optimistic of better financial performance in FY20

KUALA LUMPUR: Glomac Bhd expects a better performance in the financial year ending April 30, 2020 (FY20) premised on its strong first-quarter results,...

SC seeks eight to help in probe

PETALING JAYA: The Securities Commission Malaysia is looking for a number of people to assist in several on-going investigations, according to a...

Brent expected to continue trading around $60 a barrel in 2020: Goldman Sachs

BANGALORE: Brent crude oil prices will likely continue trading around current levels in 2020, Goldman Sachs said on Wednesday, with slowing economic...

Malaysia, Goldman discuss smaller penalty over 1MDB scandal-Bloomberg

KUALA LUMPUR: Malaysia has discussed a $2 billion to $3 billion settlement with Goldman Sachs over the U.S. bank’s alleged role in the...

SoftBank Group confirms multibillion dollar bailout deal for WeWork

TOKYO: SoftBank Group on Wednesday confirmed it would pump billions more dollars into struggling start-up WeWork, in a deal that increases its...

Asia shares slip on Brexit snag, Texas Instruments’ revenue woes

TOKYO: U.S. stock futures and Asian shares slipped on Wednesday as revenue warnings from Texas Instruments raised worries about the global tech sector...

Boeing replaces head of commercial plane division amid MAX crisis

NEW YORK: Boeing on Tuesday replaced the chief of its commercial plane division, the most significant executive departure since the 737 MAX grounding...

Uber turns to India, Africa and Middle East as losses mount

NEW DELHI: The head of Uber said Tuesday that the global ride services firm was counting on India, Africa and the Middle East...

CPI increases 1.1% y-o-y in September

PETALING JAYA: The Consumer Price Index (CPI) increased 1.1% in September 2019 to 121.8, compared with 120.5 at the same time last year,...

PropertyGuru’s Australian IPO cancelled because of market sentiment – chairman

SYDNEY: Southeast Asia online realty company PropertyGuru is cancelling its initial public offering (IPO) in Australia because of market uncertainty, Chairman Olivier...

B20 implementation timely when palm oil industry facing tough time

KUALA LUMPUR: Next year’s implementation of B20 biodiesel for the transportation sector is timely at a time when the country’s palm oil industry...

Talk with EU could be alternative to auto import tariffs

New negotiations with the European Union could be an alternative to imposing tariffs on automotive imports next month, U.S. Commerce Secretary Wilbur...

SIBS 2019 records RM446.3m transaction value

SHAH ALAM: Selangor International Business Summit (SIBS) 2019, which took place from October 10-13, 2019, achieved a transaction value of RM447.3 million,...

Latest news

Copied!