Fraud concerns raise red flags for Mumbai’s booming IPOs
A string of accounting frauds unearthed by India’s securities regulator this month poses another risk to the blistering rally in…
PM says to cut fuel subsidy at the ‘right time’
Prime Minister Datuk Seri Anwar Ibrahim reiterated the need to cut wasteful spending, including reducing excess subsidies to trim government…
Ringgit ends higher against the greenback
The ringgit ended higher yesterday against the US dollar for the third consecutive day ahead of US producer price index…
South Korean import prices up for fourth month
South Korea’s import prices rose for a fourth consecutive month in April due to an increase in oil prices and…
BCB buys Johor land for RM84mil
BCB Bhd is acquiring 59 parcels of freehold land in Batu Pahat, Johor from Lian Hup Seng Sdn Bhd for…
Taliworks profit surges on compensation, higher tariff
An increase in water supply tariff and a RM13mil government compensation led Taliworks Corp Bhd to kick-start its financial year…
Heineken posts positive 1Q24 results
Heineken Malaysia Bhd is keeping up its prudent outlook for the year, being mindful of the ongoing volatility in the…
MBSB appoints new group CFO
Malaysia Building Society Bhd (MBSB) has appointed Shahnaz Farouque Jammal Ahmad as its new group chief financial officer (GCFO), effective…
Teo Seng sees better productivity
Teo Seng Capital Bhd sees better productivity in 2024 and expects its financial performance for the remainder of the year…