China’s solar firms set to lower growth targets
China’s solar industry is likely to set lower expansion targets in 2024, as financial stresses and grid constraints make it…
Corporate News
KAB proposes to buy Kedah mini hydropower
ALOR SETAR: Kinergy Advancement Bhd (KAB) said its proposed acquisition of a 9.6MW mini-hydropower plant in Kedah marks another move…
Property giants miss analysts’ profit estimates
Property giants City Developments Ltd (CDL) and CapitaLand Investment Ltd reported bigger-than-expected declines in full-year profits, after being battered by…
HLB banks on dynamic domestic environment for growth
Hong Leong Bank Bhd (HLB) is hopeful that the dynamic local business environment, underpinned by domestic policy support that is…
AGX Group cautiously optimistic of FY24
KUALA LUMPUR: Third-party logistics solutions provider, AGX Group Bhd remained cautiously optimistic on its prospects for the current financial year…
Tetra Pak to close Singapore factory affecting 300 workers
Food processing and packaging company Tetra Pak will be closing its plant in Jurong, a move that will affect about…
Demand from overseas markets a boost for LSK
Lee Swee Kiat Group Bhd (LSK) anticipates factors like the recovery of demand from overseas markets, fluctuations in key raw…
Petros, PETRONAS and Japan consortium sign CO2 storage site agreement
KUCHING: Petroleum Sarawak Bhd (Petros), Petronas subsidiary CCS Ventures Sdn Bhd, and three Japanese consortium parties signed a storage site…
Trudeau’s pipeline project increases cost estimate
The expansion of the Trans Mountain oil pipeline will cost about C$3.1bil (US$2.3bil) more than the Canadian government-owned company running…