KUALA LUMPUR: The acquisition of Cocoaland Holdings Bhd (Cocoaland) will enable Fraser & Neave Holdings Bhd (F&N) to tap into a market segment worth RM4.2 billion. In a statement, F&N said the acquisition of Cocoaland is a strategic move to realise the...
KUALA LUMPUR: The ringgit retreated from its gains last week to open lower against the US dollar on Tuesday, weighed by a strengthening greenback and declining crude oil prices, an analyst said. At 9 am, the local note eased to 4.5000/5100 against the US dollar from...
KUALA LUMPUR: Malaysia’s export prices in October 2022 dropped slightly by 0.05 per cent from 149.8 points in the preceding month to 149.7 points, while the “import unit value index” showed a positive performance of 0.6 per cent to 133.2 points....
KUALA LUMPUR: Off the back of a strong third-quarter performance, Carlsberg Brewery Malaysia Bhd is expected to put in a commendable fourth quarter result amid strong foreign tourist arrivals, and sporting events such as the 2022 Fifa World Cup and Singapore...
KUALA LUMPUR:The ringgit opened higher against the US dollar today as the greenback continued its easing on the expectation that the US Federal Reserve (Fed) will be less hawkish on its monetary policy after softer inflation data there, analysts said. At 9 am, the...
KUALA LUMPUR: Malaysia’s services and manufacturing growth, the big factor behind the country’s strong third quarter (Q3) gross domestic product (GDP) print, are projected to continue their growth into 2023. Moody’s Analytics, in its latest Asia Pacific Economic...
