With Malaysia’s Budget 2025 outlining a significant RM16 billion allocation for upgrading the national grid, Master Tec Group Berhad (BURSA: MTEC, 0295) has positioned itself to capitalise on the surge in infrastructure spending. The budget focuses on bolstering the country’s transmission and distribution networks, along with a RM300 million investment under the National Energy Transition Facility (NETR) ...

Malaysia’s trade from January to September 2024 rose 10.2 per cent to RM2.139 trillion, surpassing the RM2 trillion threshold in just nine months, compared to 10 months in 2023, said the Ministry of Investment, Trade and Industry (MITI).
According to the World Trade Organisation’s forecast, Asia’s exports are expected to rise by 7.4 per cent in 2024.
In line with this, Malaysia’s exports over the first nine...

The manufacturing sector's August 2024 sales value reached RM163.9 billion, reflecting a year-on-year (y-o-y) increase of 7.7 per cent versus a decline of 3.3 per cent in the same month last year, according to the Department of Statistics Department (DOSM).
However, the sector's sales value moderated compared to the 9.1 per cent growth observed in the preceding month.
Chief statistician Datuk Seri Mohd Uzir Mahidin attributed the increa...

OCR Group Berhad (“OCR”), an integrated property developer, recently raised RM46.8 million through a highly successful renounceable rights issue with free warrants, achieving an oversubscription rate of 101.1%. This response from the market speaks volumes about investor confidence in OCR's growth trajectory and development plans.
The rights issue, priced at RM0.035 per share, was offered with tw...

Malaysia’s trade has continued its stellar performance in August, growing 18.6 per cent year-on-year to RM252.65 billion -- the fastest growth rate in 22 months, according to the Investment, Trade and Industry Ministry (MITI).
In a statement today, it said exports continued its growth momentum for the fifth consecutive month, rising 12.1 per cent to RM129.16 billion, while imports expanded by 26.2 per cent to RM123.49 bi...

PGF Capital Bhd subsidiary, NetZero Technology Sdn Bhd, has inked a sales and purchase agreement to acquire a land worth RM40 million in Kedah to expand its insulation manufacturing plant.
The freehold land acquired from Senam Jaya Sdn Bhd measuring about 23.9 acres in Kulim in a development to be known as Kulim East Industrial Park.
In a statement today, PGF Capital said the land will be developed in phases.
Under the Phase 1, a new m...

The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) remained steady at 49.7 in August, indicating a slight decline in the Malaysian manufacturing sector.
The latest PMI data suggest gross domestic product (GDP) growth is running at a broadly similar rate to that seen in the second quarter, as well as pointing to modest year-on-year improvements in official manufacturing...

Lately, I’ve been keeping an eye on PUC Berhad, particularly because of its associate company, Pictureworks.
For those unfamiliar, Pictureworks specialises in digital imaging for theme parks, attractions, and the tourism industry. Recently, they’ve been making big moves by integrating Artificial Intelligence (AI) into their operations, and it’s catching my attention.
So, what exactly are they doing with AI?
Well, Pictur...

Malaysia’s economic growth accelerated faster than expected in the second quarter of 2024 (2Q2024), thanks to stronger household spending, business investments and exports.
Gross domestic product (GDP) grew 5.9% year-on-year in the April-June quarter, Bank Negara Malaysia (BNM) announced on Friday. The reading is higher than the median estimate of 5.8% growth in a Bloomberg survey, as well as the official flash estimate of 5.8% expansion...

The construction sector recorded a 20.2 per cent surge in work done value to RM38.9 billion in the second quarter (2Q) of 2024, spearheaded by the buoyant performance of the civil engineering and residential buildings sub-sectors.
The Department of Statistics Malaysia (DoSM) said the civil engineering and residential buildings sub-sectors posted substantial double-digit growth of 25.2 per cent and 19.7 per cent, respectively.
"Additionally, th...