business
KUALA LUMPUR, Jan 16 — The equity market is poised for upward momentum as the country's gross domestic product growth is expected to exceed 4% this year, coupled with receding US tariff tensions and a narrowing spread between the US federal funds rate and overnight policy rate. Analysts attribute
business
KUALA LUMPUR, Jan 16 — Affin Bank Bhd is expected to see a shift in its growth trajectory as structural changes and execution gains begin to reshape investor expectations over the medium to long term. The bank's strategic initiatives focus on enhancing operational efficiency and expanding its digital offerings.
business
KUALA LUMPUR, Jan 16 — Aurelius Technologies Bhd is actively pivoting to new opportunities to mitigate cyclicality as oil and gas and point-of-sale volumes are expected to remain muted. The company is exploring alternative business avenues to reduce reliance on these sectors. This strategic shift aims to stabilize revenue streams amid
business
KUALA LUMPUR, Jan 16 — Connectivity will remain a key factor for real estate developers, with states like Johor increasing infrastructure investments and cross-border linkages, according to industry analysis. Developers are focusing on projects near transport hubs and border areas to capitalize on improved access. "Infrastructure upgrades are essential for
business
KUALA LUMPUR, Jan 16 — Kerjaya Prospek Group Bhd has secured a construction contract valued at RM201.3 million, marking its first contract award of the year, as the company targets RM2 billion in order-book replenishment for its financial year ending Dec 31, 2026. The contract, announced today, contributes to the
business
KUALA LUMPUR, Jan 16 — Businesses remain cautiously optimistic about economic conditions in the first half of 2026, although high operating costs continue to be their main concern, according to a survey by the Associated Chinese Chambers of Commerce and Industry of Malaysia. The survey, conducted in December 2025, involved 1,
business
KUALA LUMPUR, Jan 16 — Malaysian real estate investment trusts (REITs) are expected to outperform the market this year due to sustained consumer spending, industrial-investment momentum, and favorable yield spreads compared to 10-year Malaysian Government Securities. The forecast is based on current economic trends and market analysis. Analysts cite strong consumer
business
KUALA LUMPUR, Jan 16 — Zetrix AI Bhd may see new revenue streams from the adoption of MyDigital ID, driven by requirements for Malaysians traveling abroad and potential age verification for social media restrictions. The company's technology could be integrated into the MyDigital ID platform to support these functions.
business
KUALA LUMPUR, Jan 16 — Malaysia's plantation sector is expected to face a more challenging operating environment this year, with crude palm oil (CPO) prices likely to remain range-bound amid elevated stock levels and subdued export demand, despite relatively stable production prospects. This outlook follows a period of volatility
business
KUALA LUMPUR, Jan 16 — Telekom Malaysia Bhd (TM) will implement another round of staff reductions this year after receiving an "overwhelming response" to its manpower optimization program, the company confirmed today. The telecommunications giant did not specify the exact number of positions to be cut but indicated the
business
KUALA LUMPUR, Jan 16 — BMW Group Malaysia has launched its first locally assembled fully electric vehicle, the BMW i5 eDrive40 M Sport Pro, as part of its electrification strategy to boost growth in the premium automotive segment. The launch marks a significant milestone for the company's expansion into
world
ROME, Jan 15 — Denmark and the United States have a "fundamental disagreement" over the future of Greenland, Danish Foreign Minister Lars Lokke Rasmussen said Wednesday after talks with U.S. Vice President JD Vance and Secretary of State Marco Rubio. The disagreement emerged during discussions in Rome, where