Cultivating an ecosystem for start ups

Entrepreneurs are a dime a dozen in Malaysia, and this comes as no surprise when we think about the ecosystem that has been built to cultivate successful ventures. From having a Malaysian Global Innovation and Creativity Centre (MaGIC) – which is carrying out operations as normal – to having plenty of government aide programmes as […]

Sell down not only restricted to local market

    The market continued to decline last week and the index broke the crucial support level at 1,705 points. Weak ringgit and falling commodities prices were primary concerns. Furthermore, Bursa Malaysia was not the only market that went south, most global markets suffered the same fate, especially China. The FBM KLCI fell 3.8 per […]

Crude Palm Oil Weekly Report – 23rd June 2018

The Malaysian palm oil futures recorded losses despite rebounded on Friday, hitting a two-year low, due to concerns about a trade war between China and US as well as weaker exports demand and related oil. The benchmark crude palm oil futures (FCPO) contract fell 2.31 per cent to RM2,282 on Thursday, which is RM54 lower […]

Sapura Energy top actively traded stock on Bursa Malaysia

KUCHING: Sapura Energy Bhd (Sapura Energy) was the most actively traded stock on Bursa Malaysia yesterday following news that the company had bagged nine new contracts worth RM1.8 billion. At closing, the stock rose 7.5 per cent to 64.5 sen from Thursday’s close of 60 sen, with 198.25 million shares changing hands. In a statement […]

Singapore Airlines to shift planes from SilkAir to budget arm Scoot

SINGAPORE: Singapore Airlines Ltd said on Thursday it expected to transfer some jets from its SilkAir regional airline to budget carrier Scoot, allowing it to compete more effectively against low-cost rivals like AirAsia Group Bhd and Lion Group. The plan comes after the carrier announced last month it would absorb underperforming SilkAir into the parent […]

Finance, construction remain key drivers for property sector

KUCHING: The financial and construction sectors remain key drivers to Malaysia’s property sector outlook, says Kenanga Investment Bank Bhd (Kenanga Research), as higher business risk profiles should be commensurated by higher return on equities (ROEs). “We view the financial sector as key driver of the property sector as most house purchases are financed by home […]

Enfrasys Consulting recognised as 2018 Microsoft Country Partner of the Year for Malaysia

KUCHING: Enfrasys Consulting Sdn Bhd proudly announced it has won the 2018 Microsoft Country Partner of the Year Award for Malaysia. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. Established in 2010, Enfrasys Consulting is a solution […]

From Malaysia to Myanmar, social ventures build homes

BANGKOK: From building homes for indigenous people in Malaysia to opening up public spaces for women in Myanmar, a growing number of businesses with a social purpose are improving the lives of vulnerable communities in these rapidly expanding countries. With the help of residents and volunteers, Epic Homes builds houses for mainland Malaysia’s indigenous Orang […]

MyEG incorporates new subsidiary for investments in Indonesia

KUALA LUMPUR, June 22 — MY E.G. Services Bhd’s (MyEG) wholly-owned subsidiary, MY EG International Sdn Bhd, today incorporated a wholly-owned subsidiary that is intended to be the holding company for investments in Indonesia. In a filing with…

Contract of MAHB managing director ends today

KUALA LUMPUR, June 22 — Malaysia Airports Holdings Bhd (MAHB) announced that today would be the last day of Datuk Mohd Badlisham Ghazali’s contractual tenure as MAHB Managing Director, a position he has held since June 23, 2014. In a filing with…