Kuala Lumpur: Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research). However, MIDF Res…
Kuala Lumpur: Chinese company Midea, the world’s largest producer of residential inverter air conditioners (ACs), has drawn attention to its self-developed inverter compressor following teardown reviews of ACs by influencers in Malaysia and Thailand, …
Kuala Lumpur: Solid-liquid filtration solutions provider Pan Merchant Bhd aims to raise RM67.6 million from its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia. The company is scheduled for the listing on
Kuala Lumpur: The Malaysian glove sector remains under pressure as persistent oversupply, cautious customer sentiment, and pricing competition continue to weigh on recovery prospects.
According to BERNAMA News Agency, Public Investment Bank Bhd (Pub…
Kuala Lumpur: RHB Research has maintained its ‘Buy’ recommendations on Econpile Holdings Bhd following the company’s contract win for the Penang Light Rail Transit (LRT) project. The RM42.8 million contract awarded by Irama Duta Sdn Bhd involves bored…
Kuala Lumpur: Petroliam Nasional Bhd (Petronas) is set to cut 10 per cent of its workforce due to challenging operating conditions, primarily attributed to falling crude prices. The President and Group Chief Executive Officer, Tan Sri Tengku Muhammad …
