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Business Services

Malaysia’s largest dollar store Eco-Shop eyes listing on Main Market

KUALA LUMPUR: Eco-Shop Marketing Bhd, a retailer for affordable household products, plans to float its shares on the Main Market…

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Nestlé Malaysia, MRCS deliver 5,000 food packages to flood victims

KUALA LUMPUR: Nestlé Malaysia has teamed up with Malaysian Red Crescent Society (MRCS) volunteers to deliver 5,000 essential food aid…

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Trump’s return could push ringgit to 4.5 against US dollar by year-end

KUALA LUMPUR: Donald Trump's return to the White House will mean near-term weakness in the ringgit, with projections of its…

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Nvidia overtakes Apple as world’s most valuable company

LONDON: Nvidia dethroned Apple as the world's most valuable company on Friday following a record-setting rally in the stock, powered…

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Oracle to invest US$6.5 billion to set up cloud facilities in Malaysia

KUALA LUMPUR: Oracle plans to invest more than US$6.5 billion to set up its first public cloud region in Malaysia,…

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Budget 2025 to outline RON95 subsidy changes

PETALING JAYA: Budget 2025, to be tabled on Oct 18, is expected to provide more details on the implementation of…

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Strong ringgit spurs buying mode

PETALING JAYA: As the ringgit continues to strengthen against major world currencies, Malaysians are seizing the opportunity to diversify their…

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Dollar and stocks gain as Fed charts ‘soft landing’ path

SINGAPORE: The dollar bounced, long-dated bond yields were up and Asian stocks rose after the U.S. Federal Reserve announced a…

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Intel says it is committed to expanding in Malaysia despite plant-start-up delays

KUALA LUMPUR: Intel Corporation said it remains committed to its long term expansion plans in Malaysia despite plans to delay…

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Ringgit opens lower against dollar ahead of US Fed meeting

KUALA LUMPUR: The ringgit opened lower against the US dollar today, as market participants adopted a wait-and-see approach ahead of the…

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FIMM reprimands consultant for getting investor to pre-sign forms

KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) recently reprimanded a former Unit Trust Scheme (UTS) and former Private…

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France’s Dassault showcasing Falcon X at Selangor airshow

KUALA LUMPUR: French business jet and military aircraft manufacturer Dassault Aviation SA is showcasing its long-range, large-cabin Falcon X aircraft…

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Bursa Malaysia opens higher tracking Wall Street

KUALA LUMPUR: Bursa Malaysia opened marginally higher, tracking Wall Street's momentum despite an initial choppy session. At 9.11am, FTSE Bursa…

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Petronas records RM32.4bil net profit in first half of 2024

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) posted a net profit of RM32.4 billion for the first half ended June 30,…

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US fines ratings agencies for ‘significant’ recordkeeping failures

WASHINGTON: The US market regulator charged and fined six major ratings agencies on Tuesday, including Moody's, S&P and Fitch, over…

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