5h ago
KUALA LUMPUR, Sept 23 (Bernama) -- SunCar Technology Group Inc (SunCar), an innovative leader in artificial intelligence (AI)-powered auto insurance and auto services, has reported net income of US$3.4 million for the six months ended June 30, an improvement of US$8.9 million from a net loss of US$5.5 million in the same period last year. (US$1=RM4.06)
9h ago
KUALA LUMPUR, Sept 23 (Bernama) -- Tenaga Nasional Bhd (TNB) shares rose in early trading on Wednesday after the utility announced its latest tariff framework.
9h ago
KUALA LUMPUR, Sept 23 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld) shares were mixed in early trade, following its announcement to dispose of two industrial land parcels in Port Dickson, Negeri Sembilan, to Tera Data Centers (Malaysia) Sdn Bhd for about RM1.01 billion.
1d ago
By Anas Abu Hassan
SINGAPORE, Sept 22 (Bernama) -- Singapore’s financial conditions have been broadly supportive despite a mixed global backdrop, supported by easing borrowing costs, tighter credit spreads and a pickup in bank credit growth, according to the Monetary Authority of Singapore (MAS).
1d ago
KUALA LUMPUR, Sept 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) maintained its “overweight” call on the energy sector, following the government’s decision to accelerate the adoption of the Corporate Renewable Energy Supply Scheme (CRESS).
1d ago
KUALA LUMPUR, Sept 22 (Bernama) -- Southern Score Builders Bhd (SSBB) opened higher before paring its gains in early trading, despite its announcement yesterday that its unit, SJEE Engineering Sdn Bhd, had secured an RM40 million data centre subcontract project in Nilai, Negeri Sembilan.
1d ago
KUALA LUMPUR, Sept 22 (Bernama) -- The finalisation of the European Union (EU) Deforestation Regulation (EUDR) framework provides greater clarity on its implementation, ahead of the regulation’s enforcement end-December 2026, and has a much smaller impact on oil palm plantation companies.
2d ago
KUALA LUMPUR, Sept 21 (Bernama) -- Dialog Group Bhd today has reached a final investment decision (FID) amounting to US$81 million and secured approval for the field development and abandonment plan (FDAP) for the RAJA Cluster Small Field Asset from Petroliam Nasional Bhd (Petronas).
2d ago
KUALA LUMPUR, Sept 21 (Bernama) -- Southern Score Builders Bhd’s 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd (SJEE), has secured a RM40 million subcontract from a local construction company for electrical works at a data centre project in Nilai, Negeri Sembilan.
2d ago
KUALA LUMPUR, Sept 21 (Bernama) -- Malaysian rubber glove producers are set to raise prices by US$2.00-US$2.50 per carton in October, with another increase possible in November if nitrile latex costs continue to rise, according to RHB Investment Bank Bhd (RHB IB).
2d ago
KUALA LUMPUR, Sept 21 (Bernama) -- AmFIRST Real Estate Investment Trust (AmFIRST REIT) unit holders today approved the proposed RM331 million disposal of Menara AmBank, paving the way for the REIT to pursue new acquisitions, including hospital-related assets.
2d ago
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia’s key index rebounded to close the morning session 0.31 per cent higher, paring earlier losses on persistent buying in heavyweights, particularly banking stocks.