Business

PETALING JAYA: The newly launched National Transport Policy 2019-2030 (NTP) is expected to be a boon for the aviation sector, according to analysts. MIDF Research highlighted that the Malaysia Airport …

UNDERSTANDING “volatility” can help you unlock many opportunities. At extreme levels, “volatility” brings great risk to all market participants. But try to remember, risk is related to reward. A manageable …

SEOUL: South Korea’s finance minister said economic growth this year is expected to be around 2.0-2.1%, in line with projections by key international organisations but missing the ministry’s target set …

PETALING JAYA: Econpile Holdings Bhd has been awarded a RM44 million contract for demolition, earthworks, piling and substructure works for the Tropicana Gardens mixed development. The Tropicana Gardens mixed development …

KUALA LUMPUR: The ringgit is expected to trade on a cautious note next week on continuous global trade uncertainties involving major world economies. An analyst said the United States (US)-China …

KUALA LUMPUR: Bursa Malaysia is expected to trend higher next week, tracking the global equity momentum, amid a stronger Wall Street performance and possible Brexit deal. Phillip Capital Management senior …

KUALA LUMPUR: Bursa Malaysia ended the week lower, weighed down by selling in heavyweight stocks led by the plantation and telecommunications sectors. The local bourse was tracking the regional peers …

KUALA LUMPUR: The ringgit ended on a lower note today due to global uncertainties as well as declining oil prices. At 6pm, the local note was quoted at 4.1850/1880 against …

PETALING JAYA: Digi.com Bhd reported a 9.3% decline in net profit to RM356.05 million for its third quarter ended Sept 30, 2019 compared to RM392.54 million reported in the same …

PETALING JAYA: The local equity market is expected to pick up momentum moving forward with the return of slight optimism following a “mini trade deal” between the US and China, …

KUALA LUMPUR: The ringgit ended higher today following renewed optimism in the foreign exchange market after the United Kingdom and the European Union have agreed on a new Brexit deal, …

PETALING JAYA: FGV Holdings Bhd’s possible disposal of its 51% stake in MSM Malaysia Holdings Bhd might warrant a re-rating of its share price should the stake sale materialise, according …

PETALING JAYA: Malaysia’s digital economy expanded to RM267.7 billion in 2018, contributing 18.5% to the country’s gross domestic product, according to the Department of Statistics. However, the growth pace moderated …

PETALING JAYA: Some 84% of Malaysian small and medium enterprises (SMEs) which responded to a survey by Chubb were victims of “cyber incidents” in the past year. The survey also …

PETALING JAYA: Yinson Holdings Bhd’s indirect wholly-owned subsidiary, Yinson Production Pte Ltd, has been awarded two letters of intent (LOI) by Petróleo Brasileiro SA (Petrobras) for the charter, operations and …

NEW DELHI: The Organization of the Petroleum Exporting Countries (Opec) and its allies are committed to maintaining oil market stability beyond 2020, with physical supplies relatively tight globally, Opec secretary-general …

PETALING JAYA: GD Express Carrier Bhd (GDEx) is acquiring a 50% stake in Vietnam’s Noi Bai Express and Trading Joint Stock Company (Netco) for RM13.85 million. Netco is principally involved …

NEW DELHI: The Organization of the Petroleum Exporting Countries and its allies are committed to maintaining oil market stability beyond 2020, with physical supplies relatively tight globally, OPEC Secretary-General Mohammad …

KUALA LUMPUR: The implementation of the Digital Service Tax, which will take effect from Jan 1, 2020, is the right move towards helping the government increase its revenue base from …

KUALA LUMPUR: The estimated gross domestic product (GDP) growth forecast of 4.8% for 2020 can be realised, according to Finance Minister Lim Guan Eng, despite some quarters saying that the …