Economists split on further OPR cuts in 2025 as BNM turns dovish Australia and New Zealand Banking Group (ANZ Research) in a note said BNM has historically only made back-to-back cuts during major shocks such as the Covid-19 pandemic or the Global Financial Crisis. KUALA LUMPUR (July 10): Economists were divided on whether Bank Negara Malaysia’s (BNM) first rate cut since...
July 10, 2025
Econpile secures RM27 mil piling contract for apartment project The job, awarded by Bayu Melati Sdn Bhd to Econpile’s wholly owned subsidiary Econpile (M) Sdn Bhd, is scheduled for completion within 12 months starting July 14. KUALA LUMPUR (July 9): Econpile Holdings Bhd (KL:ECONPILE) has secured a RM27 million contract for piling and pile cap works at a serviced apartment...
Expert panel must drive public service improvements, says Nga Bernama July 10, 2025 | Updated 5 hours ago Housing and Local Government Minister Nga Kor Ming stressed the need for continued efforts to position Malaysia among the world’s top 12 most competitive economies by 2033, in line with the Madani Economic Framework. PUTRAJAYA (July 9): The Panel of Experts (POE)...
Ecobuilt unit served with winding-up petition over unpaid debt The hearing of the petition has been fixed for Sept 8, 2025. Ecobuilt said it will seek legal advice on the legitimacy and enforceability of the petition and will announce any material development. KUALA LUMPUR (July 9): Ecobuilt Holdings Bhd (KL:ECOHLDS) said on Wednesday that a major subsidiary has been served...
OFFLINE 16 returns: Tropicana, VitaHealth target 1,200 Malaysians to unplug, reconnect (From left) VitaHealth Southeast Asia new product development and regulatory affairs general manager Dr Koay Suat Ling; Big Caring Group business unit director Tay Li Yen, and chief marketing officer Wong Siew Lai; VitaHealth Malaysia and Singapore CEO Dr K S Beh; Tropicana Corp Bhd managing...
Ahmad Zaki Resources unit gets winding-up petition over RM5.86 mil payment dispute According to AZRB's bourse filing, Giga Engineering is claiming that its wholly owned Ahmad Zaki Sdn Bhd (AZSB) had failed to settle the sum, which led to the initiation of the winding-up proceedings. KUALA LUMPUR (July 9): Ahmad Zaki Resources Bhd (KL:AZRB) said on Wednesday that one of its...
BNM's OPR cut lifts sentiment but offers limited boost to REITs—analysts Malaysian REITs would still leverage on robust domestic spending, lower bond yields and active inorganic growth strategies, according to RHB Investment Bank Bhd. KUALA LUMPUR (July 10): Bank Negara Malaysia's (BNM) overnight policy rate cut may improve sector sentiment, but its impact on real estate...
CGS expects Kitacon to see stronger earnings in 2HFY2025 from project completions, better profit margins Growing market interest for Kitacon project developments could be reflected by a tenderbook of RM913 million (17% industrial and 83% residential projects) as of June 23, 2025. KUALA LUMPUR (July 10): Kumpulan Kitacon Bhd (KL:KITACON) is expected to see stronger earnings...