Day: May 9, 2025
CIMB Downgrades Petronas Chemicals to ‘Hold’ Amidst Operational Challenges
Kuala Lumpur: CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a “Hold” from “Buy”.
According to BERNAMA
AVI Calls For Governance Reforms At Wacom, Tables Shareholder Proposals
Tokyo: Asset Value Investors Ltd (AVI) has launched a campaign urging Wacom Corporation (Wacom) to improve its responsiveness to capital market expectations and announced the
Sand Prices Increase Up To 3.8 Percent in April Across Malaysia
Kuala Lumpur: The unit price index of sand recorded an increase between 0.1 percent to 3.8 percent for almost all areas in Peninsular Malaysia, Sabah,
Malaysia’s Construction Sector Expands by 16.6% in 1Q 2025, Reaching RM42.9 Billion
Kuala Lumpur: Malaysia’s construction sector recorded a 16.6 per cent year-on-year increase in the value of work done to RM42.9 billion in the first quarter
Malaysia to Collaborate with Kenya for Stable Palm Oil Supply – MPOC
Malaysia: Malaysia is committed to working closely with Kenyan partners to ensure a stable palm oil supply and deeper market integration, according to the Malaysian
Netherland’s Oryx Stainless Opens New Facility In Johor
Johor: The Oryx Stainless Group, one of the world’s leading suppliers of recycled stainless steel raw materials headquartered in the Netherlands, has opened a new
Xsolla Enhances Game Commerce Through Acquisition of Ludo
LOS ANGELES: Xsolla, a global leader in video game commerce, has acquired Ludo, a platform designed to drive community engagement through code-free social quests. Aiming
REHDA Sees Positive Impact On Housing Affordability After SPAN Revises Sewerage Charges
Kuala Lumpur: The Real Estate and Housing Developers’ Association (REHDA) Malaysia announced that the revision of the Sewerage Capital Contribution (SCC) rates by the National
Presence Of IWS, World Economic Council Delegation Opens Up New Investment Opportunities In Malaysia
Kuala Lumpur: Prime Minister Datuk Seri Anwar Ibrahim announced that the presence of the International Economic Senate (IWS) and the World Economic Council delegation is
AM Best Affirms Credit Ratings for Vietnam National Reinsurance Corporation
Hanoi: AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of ‘bbb+’ (Good), and the Vietnam National Scale
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