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Currencies tread water as easing oil prices calm markets ahead of key central bank meetings

TOKYO, March 18 — The US dollar inched higher today as easing crude oil prices steadied currency markets ahead of a series of central bank meetings. The greenback was little changed against the British pound and Japanese yen, which pulled

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Binastra wins RM316.5m Subang Jaya mixed development job, but shares dip to RM2.03 in midday trade

KUALA LUMPUR, March 18 — Binastra Corp Bhd’s wholly owned subsidiary, Binastra Builders Sdn Bhd, has secured a contract worth RM316.5 million from HCK Sentral Sdn Bhd for a mixed development project in Subang Jaya, Selangor. The contract covers Phase

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As Sabah OGSE firms land more contracts, Petronas pledges support for local industry

KOTA KINABALU, March 18 — Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic

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Bursa Malaysia climbs in early trade, tracking Wall Street gains despite oil jitters

KUALA LUMPUR, March 18 — Bursa Malaysia opened higher on Wednesday, in line with Wall Street’s gains overnight, despite volatility in crude oil prices, which remained above the US$100 mark.   At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI)

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Yamada Consulting & Spire opens new KL office, signals shift from manufacturing to ‘co-creation’ in Japan-Malaysia ties

KUALA LUMPUR, March 17 — Yamada Consulting & Spire officially inaugurated its new office space in Malaysia, marking a significant step in its regional strategy to bridge Japanese investments with local enterprises.  The Grand Opening ceremony, held at Menara Mercu

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YTL AI Labs teams up with Nvidia to launch Ilmu‑Nemo‑30B, fine‑tuned for Malaysian datasets and local needs

KUALA LUMPUR, March 17 — YTL AI Labs has collaborated with Nvidia to advance Malaysia’s sovereign artificial intelligence (AI) capabilities, using Nvidia’s Nemotron open models. In a statement today, the AI research and development unit under YTL Power International Bhd

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British Airways to fly from Melbourne to London… via KL starting Jan 2027

MELBOURNE, March 17  – British Airways announced the launch of daily flights from Melbourne Airport to London’s Heathrow, transiting in Kuala Lumpur beginning January 2027. The United Kingdom’s flag carrier will operate the daily route from January 11 using a

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Fuel, freight, fertiliser: FMM warns rising freight and energy costs from West Asia tensions could hit Malaysian prices… hard

PETALING JAYA, March 17 — Rising global tensions are driving up fuel, freight and fertiliser costs, with potential knock-on effects on prices in Malaysia, the Federation of Malaysian Manufacturers (FMM) warned today. Its president Jacob Lee Chor Kok said escalating

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Price wars incoming? Malaysian manufacturers say nearly half of local firms forced to cut prices amid China pressure

PETALING JAYA, March 17 — Malaysian manufacturers are facing mounting pressure to cut prices and margins as competition from Chinese products intensifies, the Federation of Malaysian Manufacturers (FMM) said today. Its president Jacob Lee Chor Kok said 46 per cent

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Pos Malaysia sees 15 to 20pc rise in Raya parcels, hijabs leading orders

KUALA LUMPUR, March 17 — Pos Malaysia Bhd expects parcel volumes to increase by between 15 per cent and 20 per cent during the Hari Raya Aidilfitri period this year compared with ordinary months, driven largely by purchases of Raya

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