Bumi Armada on track for record profit in FY24
Bumi Armada Bhd can expect a sequential core net profit improvement in the fourth quarter of 2023 (4Q23) and a…
PETRONAS’ capital expenditure key for sector
While oil majors are cutting costs in anticipation of volatility in prices, analysts say Petroliam Nasional Bhd’s (PETRONAS) guidance will…
Uzma accepts PETRONAS Carigali job
Uzma Bhd’s wholly-owned subsidiary, Uzma Engineering Sdn Bhd, has accepted a term contract award from PETRONAS Carigali Sdn Bhd in…
MSC posts lower yearly profit, cautious on outlook
Malaysia Smelting Corp (MSC) Bhd will continue to remain cautious while focusing on operational efficiencies and improvements in its business.
Norges Bank reduces CMS stake
Norges Bank, the central bank and sovereign wealth fund manager of Norway, has ceased to be a substantial shareholder of…
New Islamic banking solution powered by 5G for MSMEs
Maybank Islamic Bhd and Telekom Malaysia Bhd (TM) have forged a partnership to deliver the country’s first Islamic Banking as…
MMHE profit visibility intact until FY27
Malaysia Marine and Heavy Engineering Bhd’s (MMHE) RM6.3bil order book is expected to offer earnings visibility up to the financial…
BHP inks deal with Hyatt to manage Johor hotel
Bangsar Heights Pavilion Sdn Bhd (BHP) aims to achieve full occupancy of its existing units in Hyatt Place in Quayside…
Broadcom’s Tan Hock Eng joins the Meta board
Facebook parent Meta has announced the election of two new members to its board of directors, including Penang-born Tan Hock…