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During the 1997/98 Asian financial crisis, US Federal Reserve chairman Alan Greenspan famously said that Asia got into trouble because it was mainly a bank-dominated financial system that lacked a “spare tyre”. In American parlance, the spare tyre is the stock market, with the US stock market bei...
KUALA LUMPUR: Malaysia needs a robust framework for Carbon Capture, Utilisation, and Storage (CCUS), much like Indonesia, to unleash its full potential and become a regional hub for the industry, an analyst said."Despite having "carrots" (tax incentives) in place, ...
NEWS
M+ Online and M+ Global merge into all-in-one global trading platform
M+ Online, a trading application by Malacca Securities, has been integrated with M+ Global, the newly launched global trading platform, as it now offers traders a...
KUALA LUMPUR: CIMB Securities Sdn Bhd says the concerns regarding Maxis Bhd's involvement in the 5G network rollout may be exaggerated.According to the research firm, Digital Nasional Bhd (DNB)'s wholesale charge in the 2024 fiscal year (FY24) would ...
KUALA LUMPUR: Telcos are seeking out fresh opportunities to monetise the 5G network, including targeting high net worth retail customers to derive higher revenue.
KUALA LUMPUR: Total alternative fundraising avenues grew by 27.8 per cent from 2022, to RM3.8 billion.Since 2019, total alternative fundraising has grown by 36.5 per annum, driven by equity crowdfunding (ECF)/peer-to-peer financing (P2P financing) fundraising (62.5 per cent per annum) and venture ...
KUALA LUMPUR (March 22): Alpha IVF Group Bhd, which staged a lukewarm listing debut on Bursa Malaysia on Friday, said the fertility care company is in a sunrise industry in Southeast Asia, with strong demand for in-vitro fertilisation treatment amid declining birth rates.
SUBANG: Malaysian Airports Holding Bhd (MAHB) today said that Subang Airport will manage 8 million passengers per annum by 2030 under the Subang Airport Regeneration Plan (SARP), which will bring jet operations back to the airport.In the interim phase however Subang ...
KUCHING: Sakura Ferroalloys Sdn Bhd is investing RM1.41bil to construct a sinter plant and may invest substantially more to produce value-added refined ferromanganese products at its smelting operation in Samalaju Industrial Park at Bintulu.
Petroliam Nasional Bhd’s (Petronas) 25%-owned associate LNG Canada will ship its first liquefied natural gas (LNG) cargo before the end of this year, as it looks to increase its global LNG production capacity to 55 million tonnes per annum by 2030.
Since the ringgit was de-pegged in 2005, it had strengthened by only 1% to end the year 2023 with an average exchange rate of RM4.5605 against the US dollar compared to RM3.7871 in 2005.
Waste management company Tex Cycle Technology (M) Bhd has subscribed to a perpetual medium-term note (MTN) with a nominal value of RM10 million.
In a filing with Bursa on Thursday, Tex Cycle said the perpetual MTN offers a fixed return of 7.5% per annum, providing a steady and predictable income stream through regular semi-annual interest payments until redemption.
Airo Malaysia, a new player on the local robo-advisory scene, is proud of the fact that it is an active investment manager, unlike most of its peers in the market that have adopted a more passive approach to investing.
Airo has the flexibility to raise high levels of cash and it is able...
Cypark Resources Bhd (CRB) has deferred a coupon payment due on Monday (March 4) for its subsidiary Cypark Renewable Energy Sdn Bhd, under a RM500 million Musharakah-based perpetual sukuk programme that it set up to finance four solar photovoltaic (solar PV) power plant projects.
Staking, which means locking up one’s cryptocurrencies in a specific blockchain for a fixed period in exchange for rewards, is now available to local digital asset investors.
Luno Malaysia, the licensed digital asset exchange (DAX) that commands over 90% of the retail market locally, la...
Selangor state-controlled Kumpulan Perangsang Selangor Bhd (KPS) is disposing of Plaza Perangsang in Shah Alam, a 36-year old building which the group occupies as its main office, for RM46 million to Perbadanan Kemajuan Negeri Selangor (PKNS).
Bintulu Port, the flagship container port in Sarawak, aspires to become a premier green energy port to meet the world’s need for green and clean energy.
Bintulu Port Holdings Bhd group chief executive officer Ruslan Abdul Ghani said this aspiration is in line with the vision of Sarawak Premier Tan Sri Abang Johari Tun Openg to make Sarawak an economic powerhouse and spearhead of green and clean energy production in Malaysia.
The current account balance of the balance of payments is a barometer of how a country earns its income (exports of goods and services) and spends (imports of goods and services).