Property stocks rally on declining unsold units, new launches
Malaysia’s property bull market continues to rage as the Property Index of Bursa Malaysia crossed the 1,000-point mark, a level…
Uptick in takaful disbursement in 2023
Malaysia’s family takaful penetration rate fell marginally to 19.58% in 2023, as compared to 2022’s rate of 20.06%.
Scientex net profit rises to RM141mil in 2Q, EPS up to 9.09 sen
Scientex Bhd reported a higher bottom line of RM141.01mil in the second quarter ended Jan 31, 2024 (2Q24), up from…
Economists unperturbed by increase in inflation
Despite Malaysia’s headline inflation edging 1.8% higher to 132.1 in February, economists are not overly concerned.
Consumer stocks underperform the market
The yawning divide between the super-rich and middle-class in India’s booming economy is set to persist, if the “underperformance” of…
Weak yen bets seen in Japanese skipping hedges on overseas deals
Expectations of further yen weakening are getting more entrenched among investors, as seen in tumbling hedging costs after the Bank…
Scanwolf unit seals deal with TNB, Armani for solar PV system
Scanwolf Corp Bhd, through its subsidiary Scanwolf Plastic Industries Sdn Bhd (SPI), has signed a 20-year supply agreement of renewable…
Kelington starts production at second plant
Kelington Group Bhd’s 90.71%-owned subsidiary Ace Gases Sdn Bhd has commenced liquid carbon dioxide (LCO2) production at the group’s second…
Econpile likely to achieve higher margins on new jobs
Econpile Holdings Bhd has the potential to transform its strong new order wins into higher earnings, says CGS International (CGSI)…