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FBM KLCI pares loss at close amid market uncertainty ahead of expected US rate cut

FBM KLCI pares loss at close amid market uncertainty ahead of expected US rate cut

Turnover eased to 2.30 billion units worth RM2.75 billion from Tuesday's 3.19 billion units worth RM3.35 billion.
Wed Sep 18 2024
Bursa Malaysia continues to open firmer amid Wall Street gains

Bursa Malaysia continues to open firmer amid Wall Street gains

On the broader market, gainers outpaced decliners 234 to 142, with 255 counters unchanged, 1,786 untraded and eight suspended.
Wed Aug 07 2024
Bursa Malaysia struggles to stay positive, CI Down 0.78 pct at close

Bursa Malaysia struggles to stay positive, CI Down 0.78 pct at close

Investors remained wary of major central bank decisions, key economic data, and earnings announcements from the US mega-cap companies.
Tue Jul 30 2024
Bursa Malaysia opens almost unchanged

Bursa Malaysia opens almost unchanged

Bursa Malaysia opened mostly flat as the benchmark index fluctuated between gains and losses at the start of the trading day.
Wed Dec 28 2022
MARC affirms Top Glove's corporate credit rating

MARC affirms Top Glove's corporate credit rating

Top Glove concurrently maintains its 2021 'AA-IS(CG)' rating for Perpetual Sukuk Wakalah Programme.
Mon Apr 11 2022
Import ban: US CBP sees positive signs from Malaysian companies

Import ban: US CBP sees positive signs from Malaysian companies

John P Leonard said the agency will modify the WROs if the companies remediate their issues.
Fri Feb 11 2022
Malaysia's Top Glove quarterly earnings plunge 48 pct on slower sales

Malaysia's Top Glove quarterly earnings plunge 48 pct on slower sales

Revenue slumped 32 pct to 2.11 billion ringgit, a stock exchange filing showed.
Fri Sep 17 2021
[PODCAST] Malaysia's COVID-19 cases rise to 21,176, Sydney's COVID-19 cases nears 2k

[PODCAST] Malaysia's COVID-19 cases rise to 21,176, Sydney's COVID-19 cases nears 2k

Catch up on today's top stories in just 3-minutes!
Fri Sep 10 2021
Top Glove to resume exporting, selling gloves to the US

Top Glove to resume exporting, selling gloves to the US

The CBP, in its statement, affirmed that disposable gloves made by Top Glove would be admissible at all US ports of entry as of Sept 10.
Fri Sep 10 2021
Malaysia's Top Glove plans to renew lapsed listing application

Malaysia's Top Glove plans to renew lapsed listing application

Malaysian glovemaker Top Glove Corp plans to renew its lapsed application to list in Hong Kong and pursue a dual primary listing.
Fri Aug 27 2021
Malaysia's Top Glove suspends Selangor operations over enhanced lockdown

Malaysia's Top Glove suspends Selangor operations over enhanced lockdown

Malaysia's Top Glove Corp Bhd has suspended operations of its factories in the state of Selangor due to a two-week enhanced lockdown.
Wed Jul 07 2021
Malaysia's Top Glove posts near 6-fold jump in Q3 profit on pandemic demand

Malaysia's Top Glove posts near 6-fold jump in Q3 profit on pandemic demand

The world's largest medical glove manufacturer had posted record profits for the prior four straight quarters.
Wed Jun 09 2021
Wealth of Malaysia's 50 richest on Forbes list rebounds; Robert Kuok retains top spot

Wealth of Malaysia's 50 richest on Forbes list rebounds; Robert Kuok retains top spot

Forbes said Malaysia's pandemic-hit economy, which contracted 5.6 per cent in 2020, was expected to get back on track this year.
Thu Jun 03 2021
Top Glove's $1 billion Hong Kong listing delayed amid U.S. ban imbroglio - Sources

Top Glove's $1 billion Hong Kong listing delayed amid U.S. ban imbroglio - Sources

The M'sian firm, which is already listed in Kuala Lumpur and Singapore, flagged in late April it would sell 793.5 mln shares in the listing.
Tue Jun 01 2021
Top Glove reiterates commitment to work closely with US CBP to resolve WRO, finding

Top Glove reiterates commitment to work closely with US CBP to resolve WRO, finding

Top Glove Corporation Bhd has reiterated its commitment to working closely with the US Customs and Border Protection (CBP) to resolve the WRO and the forced labour finding against it.
Thu May 13 2021
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024