MRCB-Quill REIT 4Q net loss at RM24m, plans 3.37 sen distribution

MRCB-Quill REIT’s (MQREIT) fourth quarter net loss stood at RM24.38 million versus a net profit of RM8.05 million a year earlier, as it registered lower gross revenue and net... Read more »

Celcom eyes higher non-consumer mobile business revenue contribution

Celcom Axiata Bhd expects to grow its non-consumer mobile business revenue contribution to between 15% and 20% of total revenue in the next two to three years from about... Read more »

Media Prima going digital seen to bode well for its long-term strategy

Maintain hold with an unchanged target price of 29 sen: The Edge reported that Media Prima Bhd gave official notifications to employees affected by its manpower rationalisation, part of the... Read more »

Uncertainty should be friend, not foe, of investors: Fidelity International 2H outlook

Investors should ride the wave of market uncertainty instead of shying away. And Asia Pacific is where investors should focus on for opportunities due to its combination of emerging... Read more »

Singapore added to US monitoring list on currencies

Singapore has met two criteria’ that put it on the United States currency manipulation watch list. SINGAPORE: Singapore was added to a watch list for currency manipulation by the... Read more »

Malaysia’s April CPI seen rising 0.4% y-o-y

KUALA LUMPUR (May 23): Malaysia’s consumer prices are likely to increase in April at a slightly faster pace than the previous month, a Reuters poll showed on Thursday. The consumer price... Read more »

FBM KLCI up as markets cheer ongoing China-US trade talks

KUALA LUMPUR (May 15): The FBM KLCI opened higher today following overnight US share gains after China and the US’ indicated talks are ongoing to find a solution to... Read more »

Oil prices rise over 1% on drone attack on Saudi Aramco facilities

NEW YORK (May 15): Oil prices rose over 1% on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement aligned to Iran had attacked... Read more »

FIT22 strategy expected to help RHB Bank weather tough operating climate

Despite the headwinds plaguing the sector (net interest margin [NIM] pressure, a cautious business environment and slow markets), we think RHB Bank Bhd’s continued execution of its FIT22 strategy... Read more »

New markets could help White Horse keep production levels up

Our sensitivity analysis indicates that lowering average selling prices (ASPs) have higher sensitivity than scaling down production. For White Horse to return to the black in the 2019 financial... Read more »