StarBiz

23/09/2025

The RCEP leaders will meet for the first time in five years this October to discuss expanding membership and improving trade flows, with Malaysia hosting the summit during the ASEAN gathering in Kuala Lumpur.

KUALA LUMPUR: The China-backed Regional Comprehensive Economic Partnership (RCEP) will consider adding new members and discuss ways to improve trade flows when its leaders meet for the first time in five years in October, Malaysia's trade minister says.

23/09/2025

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23/09/2025

At the open, the FBM KLCI was up 1.56 points to 1,604.9, but reamined off last week's high of 1,611.7.

KUALA LUMPUR: The FBM KLCI edged higher on Tuesday after another record-charting performance on Wall Street, although the gains could be capped by the absence of fresh catalysts to drive the market higher.

23/09/2025

Disney's move to restore the "Jimmy Kimmel Live" show to the lineup of its ABC network represented the highest-profile challenge yet from a communications company to an escalating crackdown by U.S. President Donald Trump.

LOS ANGELES: Disney said on Monday it would return comedian Jimmy Kimmel to late-night television on Tuesday, six days after his show was threatened with a regulatory probe and suspended over comments he made about conservative activist Charlie Kirk's assassination.

23/09/2025

The RCEP has been seen by some analysts as a potential buffer against tariffs imposed by US president Donald Trump’s administration.

KUALA LUMPUR: The China-backed Regional Comprehensive Economic Partnership (RCEP) will consider adding new members and discuss ways to improve trade flows when its leaders meet for the first time in five years in October, Malaysia's trade minister says.

23/09/2025

Prime Minister Datuk Seri Anwar Ibrahim announced that Malaysians with an active driving licence, regardless of their income, would automatically be eligible to buy petrol at that price for up to 300 litres monthly.

PETALING JAYA: The privilege of Malaysians paying just RM1.99 per litre for RON95 fuel is unlikely to trigger a surge in consumption, according to Tradeview Capital founder and chief executive officer (CEO) Ng Zhu Hann.

23/09/2025

The Malaysia Retail Chain Association (MRCA) and the Malaysia Shopping Malls Association (PPKM) said the government should phase in the SST on commercial property rental and leasing by reducing the rate to 4% next year and gradually increasing it to 8% over the next 10 years.

PETALING JAYA: Ahead of Budget 2026, Malaysian retailers and shopping mall operators are urging the government to cut the 8% sales and service tax (SST) on rentals and leasing by half.

23/09/2025

Sales momentum is expected to consolidate this month, impacted by fewer working days due to four public holidays and a “wait-and-see” stance ahead of Budget 2026, including details on petrol subsidy rationalisation.

PETALING JAYA: Intense price competition is expected to pressure margins, suggesting that the automotive market share gains by any brands are likely achieved at the expense of profitability.

23/09/2025

The next two years would be critical, with job wins and property launches forming the backbone of its earnings trajectory, said RHB Research.

PETALING JAYA: Gamuda Bhd is poised for a new growth phase, with analysts expecting the engineering and construction group to sustain its record order book, secure fresh large-scale projects across multiple markets, and broaden earnings visibility through renewable energy and data centre ventures.

23/09/2025

Maybank Investment Bank Research (Maybank IB) said the group’s second quarter earnings for FY26 should reflect lower profit before tax margins from its livestock segment quarter-on-quarter, given the removal of egg subsidies on Aug 1.

PETALING JAYA: Integrated agro-based business group QL Resources Bhd's outlook for its financial year ending March 31, 2026 (FY26) is likely to remain subdued, with operating challenges within its integrated livestock farming and convenience store segments hindering meaningful earnings growth, analy...

23/09/2025

CGS International Research (CGSI Research) believes that among the key points to watch out for in the upcoming Budget 2026 speech are details on a carbon tax and its implementation.

PETALING JAYA: CGS International Research (CGSI Research) believes that among the key points to watch out for in the upcoming Budget 2026 speech are details on a carbon tax and its implementation.

23/09/2025

CGS International Research said the company is pursuing a regulatory push.

PETALING JAYA: PETRONAS Gas Bhd's (PetGas) efforts to strengthen its authority over right-of-way for pipelines are further justified following last Saturday's gas leak incident in Kertih, Terengganu, analysts say.