Business news
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
business
KYIV, Jan 15 — International Monetary Fund chief Kristalina Georgieva said on Thursday she expects to seek executive board approval for a new $8.1 billion lending program for Ukraine in weeks, emphasizing the need to secure funding for the war-torn country. Georgieva made the announcement after meetings with Ukrainian President
business
PETALING JAYA: ES Sunlogy Bhd, a prominent player in Malaysia's electrical and engineering services sector, has announced the successful acquisition o...
business
In a significant development within Malaysia's real estate sector, Vestland Bhd has announced the mutual termination of three major affordable housing...
business
In a strategic move to bolster its leadership and drive future growth, Pestec International Bhd, a prominent player in the pest control and environmen...
business
In a significant move towards advancing Malaysia's sustainable development goals, Wawasan Dengkil Holdings Bhd, through its wholly-owned subsidiary Wa...