Markets

Bursa climbs 59 points after hitting year-low

This led to an increase in market capitalisation to RM1.71t as of last Friday from RM1.69t a month ago
By DASHVEENJIT KAUR / Pic By MUHD AMIN NAHARUL ...

Graduates face skills mismatch and job shortages

Over 250,000 graduates are produced at both degree and diploma levels, but jobs for them are less than 100,000
by NUR HAZIQAH A MALEK/ pic by MUHD AMIN ...

Corporate results: GDB Holdings, Tasek Corp, Pentamaster and Ranhill

GDB lands first East Malaysia contract worth RM213m
GDB Holdings Bhd has secured its first contract in East Malaysia to build the Hyatt Centric hotel ...

Corporate results: Tenaga Nasional Bhd and Mitrajaya

TNB’s internal reorganisation progresses
Tenaga Nasional Bhd (TNB) has entered into agreements with TNB Power Generation Sdn Bhd (TPGSB) and TNB ...

Upstream-based O&G firms set for stronger 3Q

O&G service providers will benefit from work being expedited ahead of the monsoon season in 4Q
by MARK RAO/ pic by BLOOMBERG UPSTREAM oil and gas ...

Corporate results: Axis REIT, Sunway REIT, F&N and Velesto

Axis REIT to place out units to EPF, KWAP
Axis Real Estate Investment Trust (REIT) is planning to place up to 37.12 million new units or 3% of its ...

Plantation counters to record weaker performance in 3Q

The sector’s earnings are expected to be mainly in line with industry players’ expectation, analyst says
by SHAHEERA AZNAM SHAH/ pic by BLOOMBERG ...

Corporate results: Boustead Heavy, Mesiniaga and Spring Art

Boustead Heavy Industries announces new CFO
Boustead Heavy Industries Corp Bhd (BHIC) has appointed Mohd Fakhrul Arifin Adinan as its chief financial ...

Kumpulan Powernet’s offer ‘fair’ as stock rally continues

by SHAHEERA AZNAM SHAH/ pic by BERNAMA
KUMPULAN Powernet Bhd’s (KPB) mandatory general takeover offer (MGO) of RM1 per share tabled by its substantial ...

Property data could prevent overhang from recurring, says deputy finance minister

The data will provide what contributed to the overhang situation and where the mismatch between the demand and supply is
By FARA AISYAH / Pic By RAZAK ...
drb-hicom

DRB-Hicom to raise RM3.5b under sukuk

The diversified group is embarking on this financing exercise to take advantage of the current interest-rate environment to raise medium- to long-term ...

Axiata’s firm regional market presence to boost 3Q performance

Axiata’s regional exposures with a focus on emerging countries may deliver great growth potentials, says HLIB
by SULHI KHALID/ pic by BLOOMBERG AXIATA ...