KUALA LUMPUR (Oct 18): Top Glove Corp Bhd is targeting to grow its sales volume by 10% per annum. It expects the growth to be driven by its capacity expansion, which is in the pipeline.

Speaking to reporters in an analyst briefing today, Top Glove executive chairman Tan Sri Lim Wee Chai...

Top Glove eyes 10% sales growth per annum

KUALA LUMPUR (Nov 8): Titijaya Land Bhd has partnered China Railway Engineering Ltd to undertake a mixed development on a 6.06-acre piece of leasehold land at Embassy Row, Jalan Ampang here, with a gross development value (GDV) of RM2.1 billion.

To formalise the deal, a share agreement ...

Titijaya partners CREC for RM2.1b mixed development in KL

KUALA LUMPUR (Nov 16): Shareholders in Reach Energy Bhd have approved the company's proposed acquisition of a 60% stake in Palaeontol BV, which owns an onshore oil and gas field called Emir-Oil LLP in Kazakhstan.

Reach Energy managing director Shahul Hamid Mohd Ismail said the special p...

Reach Energy gets shareholders' nod to acquire stake in Palaeontol BV

KUALA LUMPUR (Dec 15): Tenaga Nasional Bhd (TNB) will focus on renewable energy (RE) and global expansion, combined with smarter grid and value-added customer products, as the company sets its goal to emerge as one of the world's top 10 utilities by market capitalisation by 2025.

Accord...

Tenaga to expand on renewable energy, global presence

This article first appeared in The Edge Financial Daily, on February 10, 2017.

 

KUALA LUMPUR: REV Asia Bhd, which bought three popular Malay content websites recently, is targeting at least a 50% growth in its Malay segment audience base by the end of t...

REV Asia eyes 50% growth in online Malay audience

This article first appeared in The Edge Financial Daily, on February 6, 2017.

 

KUALA LUMPUR: The growth of digital marketing in the past few years has resulted in the traditional media, especially newspapers, suffering a perilous shortage of advertisers...

No catalyst in sight for media sector

This article first appeared in The Edge Financial Daily, on January 16, 2017.

 

KUALA LUMPUR: VisDynamics Holdings Bhd is still open to any takeover offers to establish a more sustainable earnings stream, although its takeover bid of an Indonesian inform...

VisDynamics still open to offers

This article first appeared in The Edge Financial Daily, on January 11, 2017.

 

KUALA LUMPUR: Total logistics solution provider Tasco Bhd, whose shares are trading near their one-year high, is venturing into cold chain logistics to further enhance its pr...

Tasco venturing into cold chain logistics via RM188m buy of Gold Cold

KUALA LUMPUR (Jan 10): theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia's afternoon market close today. It showed three with positive momentum and five with negative momentum.

The stocks with positive momentum were:

GFM Services Bhd fell one s...

GFM, Scicom, Scomi, ELK-Desa, Favelle Favco, Kumpulan Jetson, Sinotop, TA Global

Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

DNB says process relating to subscription of its shares by five mobile network operators ongoing

Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

Approved logistics players to get diesel fleet cards amid subsidy rationalisation

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

No specific names discussed for Sabah PKR State Leadership Council head, says Fahmi

Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...

The Frontiers Of Growth : How to Govern the Bretton Woods Institutions Better

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Bitcoin ‘halving’ cuts supply of new tokens in threat to miners

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

Philippines wants US, Japan to take over rail deal eyed by China

The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.

World Bank wins US$11b in pledges to boost lending for climate, global crises

Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

IMF concerned about debt, fiscal challenges facing low-income countries

The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

Ringgit likely to trade around 4.78 versus greenback next week

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

The Week Ahead: Eyes on March inflation, US 1Q GDP and tech earnings

Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.

Former IGP Tun Hanif Omar passes away

The long-awaited Energy Exchange Malaysia (Enegem) has finally been introduced, along with guidelines on cross-border electricity sales announced by the Ministry of Energy Transition and Water Transformation (Petra) last Monday for exports of green electricity from Malaysia to Singapore and Thailand.

Enegem: Malaysia edges closer to RE exports

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...