News
AI boom lifts Frontken outlook: Kenanga Research
5+ hour, 52+ min ago (379+ words) KUALA LUMPUR: Frontken Corp Bhd should benefit from the ongoing artificial intelligence (AI) upcycle, underpinned by rising semiconductor demand and strong foundry utilisation, Kenanga Research said. The firm initiated coverage on the engineering service provider with an "Outperform" call and…...
IMF urges BOJ to keep raising rates even as Iran war poses new risks
10+ hour, 20+ min ago (417+ words) TOKYO: The International Monetary Fund urged the Bank of Japan to continue raising interest rates, even as the Middle East war posed "significant new risks" to the country's economic outlook. The proposal comes amid market expectations that the BOJ will…...
Listing-bound Golden Destinations set for steady earnings
10+ hour, 58+ min ago (429+ words) KUALA LUMPUR: Tourism player Golden Destinations Group Bhd (GD Group), which is heading for an ACE Market listing, is expected to deliver steady earnings growth over the next three years. Malacca Securities Sdn Bhd said this is supported by rising…...
5E Resources poised to ride ESG, manufacturing growth wave
9+ hour ago (373+ words) KUALA LUMPUR: 5E Resources Holdings Bhd is set to benefit from Malaysia's growing manufacturing sector, rising adoption of environmental, social and governance (ESG) practices, circular economy initiatives and stronger regulatory enforcement. Affin Hwang Investment Bank Bhd said these factors are expected…...
Anwar: No snap election, work together to address global energy crisis
1+ day, 27+ min ago (307+ words) He stressed that the current situation is not about political rivalry, but rather a time for patience and focus in addressing the nation's challenges. "This is not politics. This is not about political rivalry or being hostile to one another....
Expanding up: What home owners need to know
13+ hour ago (79+ words) Expanding up: What home owners need to know'KLSE Screener Expanding up: What home owners need to know In the dense urban fabric of the Klang Valley and Malaysia's growing secondary cities, the dream of a forever home often hits a…...
Five EU nations urge tax on energy firms' windfall profits
1+ day, 2+ hour ago (262+ words) MADRID: Spain and four other European Union nations have called for a tax on windfall profits of energy companies in response to rising fuel prices due to the Middle East war, Spanish Economy Minister Carlos Cuerpo said Saturday. The request…...
YTL, YTL Power surge as data centre push lifts growth outlook
2+ day, 5+ hour ago (276+ words) YTL Power International Bhd (KL:YTLPOWR) rose as much as 10% to RM3.52, its highest since Jan 16, after the utilities company flagged to analysts a faster data centre expansion plan to cater to strong demand as well as a potential listing of…...
Health Ministry reviewing Act 586 licensing process, says Dzulkefly
1+ day, 9+ hour ago (315+ words) Health Minister Datuk Seri Dr Dzulkefly Ahmad said the move aims to streamline procedures, as lengthy processes have been cited as contributing to higher operational costs that are ultimately passed on to patients. He said the matter was discussed during…...
41 Perak entrepreneurs recognised under Agrobank initiative
2+ day, 4+ hour ago (180+ words) KUALA LUMPUR: Agrobank has recognised 41 entrepreneurs from Perak who participated in its Agrobank Upward Migration (AUM) programme. The initiative, managed by Agrobank Centre of Excellence, focuses on supporting small and medium enterprises (SMEs) in the food security sector to expand…...