Latest
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Star Biz7
Balancing act for effective governance
In the aftermath of high-profile corporate scandals like Enron,1MDB and most recently Serba Dinamik, questions surrounding the dynamics between the board, management and auditors have come under intense scrutiny.
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Star Biz7
New solar power race ignited
THE race is on to get a slice of the biggest renewable energy projects in the offing from the next phase of the large scale solar (LSS) programme.
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Star Biz7
Luxury below the sea
Migaloo is looking to disrupt the mega yacht market with a new submersible superyacht concept that can ferry passengers deep below the water.
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Corporate News
Green goals top Westports’ drive amid extension of concession
Westports Holdings Bhd is all set to go green with the development of the Westports 2 (WP2) container terminal, for which it has secured a 58-year extension until 2082.
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Star Biz7
Capitalising on comfort
Sleep today has become a luxury and Melissa Tan, CEO of Gethá is totally invested in bringing quality shut-eye to consumers.
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Star Biz7
Transferring in style
To further enhance the brand experience, airlines are partnering with automotive brands to offer luxury ground transfers.
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Corporate News
Weak ringgit eroding wealth of the rich
The combined fortune of Malaysia’s top 50 wealthiest families and individuals increased by 2% to US$83.4bil for the year amid a weaker ringgit, according to Forbes Asia.
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Corporate News
Ministry has no qualms about MMC divestment
The Transport Ministry (MOT) has no objections to MMC Corp Bhd plans to divest its 49% stake in MMC Ports Holdings Bhd, even to foreign companies, says Transport Minister Anthony Loke Siew Fook.
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Corporate News
Solarvest to gain from rise in clean energy adoption
Rakuten Trade expects Solarvest Holdings Bhd to extend its upward trajectory after breaking out from its 10-week ascending triangle pattern to surpass the immediate resistance at RM1.58.
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Star Biz7
Keeping audits in order
How did China Evergrande's auditor sign off on financial statements for not just one, but two years, in a row despite inflated revenue for bond issuances?
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Corporate News
CTOS, airasia academy to empower SMEs
With 1,000 courses on its platform, airasia academy is joining hands with CTOS Digital Bhd to empower small and medium enterprises (SMEs) with knowledge on digital marketing and branding.
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Markets
Bursa-Mobilist in energy transition investment tie-up
Bursa Malaysia has entered into a collaboration with Britain’s Mobilising Institutional Capital Through Listed Product Structures (Mobilist) programme to enable greater investment in energy transition and to advance the United Nations’s sustainable development goals in Malaysia.
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Corporate News
Sime Darby Property shines in ESG standards
Sime Darby Property Bhd, which has an above-average score for its environmental, social and governance (ESG) practices, now aims to achieve net-zero emissions across its projects.
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Commodities
CPO likely to stay above RM4,000 per tonne
Analysts expect crude palm oil (CPO) to stay lofty above RM4,000 per tonne in the immediate term, but the current price may have peaked for this year.
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Corporate News
Alliance Bank forecast to post 37.3% jump in 4Q net profit
Alliance Bank Malaysia Bhd (ABMB) is expected to post a 37.3% year-on-year jump in its net profit for the fourth quarter ended March 31, 2024 (4Q24) to RM179mil, bringing its full FY24 earnings to a marginal 2% increase to RM691mil.
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Corporate News
Recovery in global chip industry to benefit SAM
SAM Engineering & Equipment (M) Bhd’s core businesses are set to benefit from a recovery in the global semiconductor and aerospace industries.
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Corporate News
Renewable energy emerges as growth driver
The setting up of the Energy Exchange Malaysia (Enegem) platform to facilitate cross-border trading of renewable energy (RE) is being viewed positively.
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Corporate News
NationGate acquisitions set to spearhead growth
NationGate Holdings Bhd’s new customer acquisitions and business collaborations via joint ventures are expected to spearhead growth for the group.
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Corporate News
KTI seals underwriting deal with M&A Securities
KTI Landmark Bhd has signed an underwriting deal with M&A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia.
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Commodities
Oil prices flat as economic headwinds counter Mideast supply fears
Oil prices settled marginally lower on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical tensions with eyes on Israel and its pending response to Iran's attack on Israeli territory over the weekend.