BusinessToday's Trending Stories
Moomoo, All In One Investment App Launched In Malaysia
Today marks the official launch of Moomoo, the cutting-edge all-in-one investment super app, in Malaysia. With the aim of promoting local financial innovation and empowering users, Moomoo MY, a subsidiary of Futu Holdings Limited, is set to provide Malaysian investors with a professional, reliable, and innovative digitalised investment experience.
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Cabinet Approves RM1 Billion Expansion For Penang International Airport
Transport Minister Anthony Loke Siew Fook announced today that the government has given the green light for the expansion and upgrade of Penang International Airport (PIA), with an estimated cost exceeding RM1 billion. Malaysia Airports Holdings Bhd (MAHB) will oversee the project, which aims to enhance the airport’s facilities and infrastructure.
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RHB Stays On Top, Delivering RM2.81 Billion In Net Profit, Declares 25 sen Dividend
RHB Bank Berhad reported its full year and fourth quarter financial results for the year ending 31 December 2023 with the group’s net profit for the FY2023 rising 4.8% YoY to RM2.81 billion, which it said was mainly due to higher non-fund based income and lower ECL.
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Malaysia’s PPI Decreased 0.6% In Jan 2024: DOSM
Malaysia’s Producer Price Index (PPI) decreased 0.6 per cent in January 2024 from a negative 1.3 per cent in December 2023.
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Let’s Help Them Face Their Insecurities
By: Prof Dr. Nor Adinar Baharuddin, Professor in Periodontics and the Deputy Dean of Research, Faculty of Dentistry Universiti Malaya
Insecurity has become a common issue among the younger generations, as can be seen in various aspects of their lives. The constant exposure to selected and idealised examples of success, beauty, and happiness on social media platforms has contributed to a sense of insecurity and inadequacy.
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Malaysia Airports Holdings – What Could Be Driving The Share Price Surge?
Speculation on a potential privatisation may have triggered a sharp share price rally for Malaysia Airports Holdings (MAHB), but governance and regulatory issues may cause a buyer pause.
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Petronas Chemicals 4Q23 Results Reveals O&D Slips Into The Red, Specialty Continues To Drag
Maybank Investment Bank (Maybank IB) today (Feb 27) has cut their FY24-25E EPS for PETRONAS Chemicals Group Berhad (PCHEM) by – 33%/-37% to account for: i) lower EBITDA margins for its O&D segment; ii) post results house-keeping; and iii) incorporating Pengerang ops beginning 2H24.
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Cahya Mata Sarawak 4Q23 Results A Positive Surprise, Maybank IB Maintains Tactical BUY
Cahya Mata Sarawak’s (CMS) results positively surprised on strong cement earnings.
Maybank Investment Bank (Maybank IB) said today (Feb 27) that CMS’ FY23 core net profit (CNP) was 14% above estimates, and 5% above consensus.
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Inari Amertron – Margin Undermined By New Products’ Ramp Up, RHB Issues Buy Call
Inari Amertron Berhad’s (INRI) 1HFY24 core earnings of MYR175.6m (-13.6% YoY) was a slight miss, undermined by margin compression due to additional input costs (electricity, additional staff and machinery for new product development), despite a flattish topline.
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Increase Philosophy Literacy In Malaysia
By: Pravin Periasamy, Networking and Partnership Director at Malaysia Philosophy Society
The study of philosophy has had a profound influence on academic institutions across the world for thousands of years—conceiving revolutionary thought leaders and innovative pioneers who contributed towards the advancement of civilization. Having been an established discipline for hundreds of years—underpinning both the sciences and the humanities—it has dedicated faculties, departments, and institutions in its honour; allowing it to continually flourish and inspire brights minds to further the development of important ideas, concept, theories, and social causes that challenge orthodoxies, revaluate norms, and establish avenues for growth and discovery. Philosophy has served to empower others and continues to be valued globally.
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