Kuala lumpur: Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company. It said while higher prices are expected to boost revenue on the production side, these gains wo…
Kuala lumpur: The government will establish a special committee to study the impact of the United States-Iran conflict on the national economy following geopolitical tensions in West Asia. Prime Minister Datuk Seri Anwar Ibrahim announced this initiat…
Kuala lumpur: The retail portion of Sunway Healthcare Holdings Bhd’s offering, comprising 230 million shares, was oversubscribed by 5.57 times. A total of 77,236 applications for 1.51 billion issued shares were received from the Malaysian public, resu…
Kuala lumpur: The unit price index of cement increased between 0.8 per cent and 5.9 per cent year-on-year in February 2026 compared with the same month last year, while the steel price index declined between 1.2 per cent and 8.1 per cent, according to…
Kuala lumpur: The ringgit ended higher against the US dollar and other major currencies at the close on Wednesday, buoyed by news of a proposal from the International Energy Agency (IEA) to release oil reserves, a move that could stabilize global crud…
Kuala lumpur: Hong Leong Islamic Bank Bhd has rebranded itself as HLB Islamic, aiming to sustain financing growth that surpasses the industry average over the next three to five years.
According to BERNAMA News Agency, HLB Islamic reported an 8.7 pe…