Analysts Predict Telco Market Shake-Up As 5G Era Approaches

Industry experts foresee strategic mergers in Malaysia's telecommunications sector as it prepares for the impending 5G revolution under the government's ambitious Jendela initiative.

Business TodayJul 18 02:27 ET

Malaysia Closing Bell on 17 July | MRDIY Was the Top Gainer of FBM KLCI

MRDIY was the top gainer, rising 3.38 percent to close at RM 2.140. The top loser was YTL, losing 2.17 percent to end at RM 3.600.

Moomoo NewsJul 17 05:33 ET

Malaysia's Benchmark KLCI Likely to Test 1730 by End-2024

Malaysia's benchmark Kuala Lumpur Composite Index is likely to hit 1730 by end-2024, up from 1660 previously expected, supported by a P/E ratio of 16.5 times and projected earnings growth of 16%, says Kenny Yee, Rakuten Trade's head of research.

WSJJul 16 22:59 ET

CelcomDigi's ESG Roadmap Lauded By Analysts

CelcomDigi Berhad (CDB) demonstrated robust growth potential in its latest Environmental, Social, and Governance (ESG) initiatives, according to reports by MIDF Investment Bank (MIDF) and Kenanga Investment Bank (Kenanga).

Business TodayJul 16 22:24 ET

Malaysia Closing Bell on 16 July | MRDIY Was the Top Gainer of FBM KLCI

MRDIY was the top gainer, rising 5.61 percent to close at RM 2.070. The top loser was SIME, losing 3.25 percent to end at RM 2.680.

Moomoo NewsJul 16 05:33 ET

Complexities Of 5G Spectrum Allocation Weighs On MNOs

A cautious outlook for the telecommunications sector has been given, particularly in mobile segments, due to heightened competition and economic pressures from inflation, as cited by RHB Investment Bank's report today (July 16, Tuesday).

Business TodayJul 16 03:12 ET