Demand for Louis Vuitton handbags, Cognac dips
LVMH sales growth slowed at the start of the year as wealthy consumers reined in spending on pricey Louis Vuitton…
Category: Corporate News
Systech gets shareholders’ nod to proceed with capital exercise
KUALA LUMPUR: Information technology (IT) solutions company Systech Bhd forges ahead with its transformation plan as the company received shareholders’…
Malayan Flour Mills to invest RM100mil in FY24
Malayan Flour Mills Bhd (MFM) is investing a total of RM100mil in the financial year 2024 (FY24), of which RM32mil…
TSMC’s first quarter profit rises 9%, beats forecasts
TAIPEI: Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it…
Higher OOH beverage consumption a boon for F&N
Fraser & Neave Holdings Bhd (F&N) stands to be the key beneficiary of higher out-of-home (OOH) beverage consumption amid the…
Advanced solid-state batteries a mutual ambition of carmakers
Chinese electric vehicle (EV) makers are rapidly adopting solid-state batteries in their latest models, with industry experts anticipating full use…
IGB-REIT net profit up 11.1% to RM99.61mil in 1Q
IGB Real Estate Investment Trust (IGB-REIT) booked a higher year-on-year (y-o-y) net profit for its first quarter (1Q) ended March…
Australia’s Rinehart takes stake in Lynas Rare Earths
Australia’s richest person, Gina Rinehart, has become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths…
Thames Water to release new business plan this week
Thames Water Utilities Ltd’s board members are set for last-ditch talks to update their business plan this week after shareholders…