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Selangor Gets Another RM2Mil Allocation To Mend Rural Roads

Selangor Menteri Besar Datuk Seri Amirudin Shari announced that the federal government has channelled an additional allocation of RM2 million to the state government...

U.S. Debt Limit Drama Adds To Global Economic Woes

The risk of a U.S. payments default is adding to problems facing a slowing global economy, with rising interest rates and high debt levels...

Indexes Slip With Tech-Related Shares; Consumer Sentiment Dips

U.S. stocks ended slightly lower on Friday, led by weaker megacap shares following their recent rally, as data showed U.S. consumer sentiment dropped to...

Recruitment Concerns Plague Bangladeshi Foreign Labour Employment, Say Palm Oil Producers

Some of Malaysia's largest palm oil producers are not hiring workers from Bangladesh because of concerns over exploitative practices during recruitment, companies and labour...

Demand For Gold Would Remain Steady: Tomei

Tomei Consolidated Bhd is optimistic that the demand for gold would remain steady despite the current higher prices, thus, ensuring that the manufacturer and...

BNM Stands By Nation’s GDP Target of 4 to 5%

Malaysia is on track to achieve its gross domestic product (GDP) growth target of between 4 and 5.0 per cent this year, said Bank...

MyStartr’s Creative Hub, Partnerships Fuel Growth Of Startup Ecosystem

MyStartr, a Malaysian equity crowdfunding  platform, launched the Dream Factory Creative Centre (DFCC) on Friday (May 12). Located  at GMBB Kuala Lumpur, DFCC creates a...

Tesla To Recall Over 1.1 Million Foreign, China-Made Cars

Tesla Inc will recall a total of 1,104,622 vehicles, both imported and China-made ones, China's market regulator said on Friday. The models to be recalled...

Digital Transformation Needs To Be Adopted By Bond, Sukuk Trustees: SC

Bond and sukuk trustees should concentrate on raising their professional standards and creating better service offerings in order to keep up with the growth...

AMF Possibly The ‘Next Step’ To Strengthen Regional Finance Goals

The Asian Monetary Fund (AMF) “could be the next step” for Malaysia in strengthening regional financial cooperation, said Bank Negara Malaysia (BNM) governor Tan...

No Evidence To Support OPR Hike Causes Bankruptcies: BNM Governor

Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus has denied that the increase in the overnight policy rate (OPR) has led...

Malaysia’s Economy Grew At 5.6% On Domestic Demand, Labour Recovery: DOSM

Malaysia’s Gross Domestic Product (GDP) in the first quarter of 2023 expanded 5.6 per cent after recorded a growth of 7.1 per cent in...

Jobless Rate Stable Amid “Sticky” Under-Employment Rate: Maybank IB

Government data revealed on Thursday the Malaysia’s unemployment rate was at 3.5% in Mar 2023 (Feb 2023: 3.5%) and 1Q2023 (4Q 2022: 3.6%). The unemployment...

Yellen To Discuss Debt Ceiling With Bank Lobby Group

U.S. Treasury Secretary Janet Yellen will discuss the impasse over raising the government debt ceiling with board members of the Bank Policy Institute lobby...

Travel Sector Deal Activity Down By 43% In Jan-Apr 2023: GlobalData

A total of 219 deals, comprising mergers & acquisitions, private equity, and venture financing, were announced in the global Travel and Tourism sector during...

Elon Appoints Twitter CEO

Elon Musk says he has picked the new leader of Twitter and plans to step down as CEO. He did not identify who the new...

Stock Picks Of Today – Kossan Rubber Industries, Jaya Tiasa Holdings

Kossan Rubber Industries is set to resume its uptrend after rebounding strongly above the MYR1.32 previous resistance on Tuesday with significant trading volume and...

Hang Seng Struggles Above The Support Line

The HSIF bounced off the immediate support as selling pressure tapered, climbing 8 pts to close at 19,707 pts. RHB Retail Research said today (May...

SGX Due For Support On Friday

The Singapore Exchange (SGX) moved lower in five straight sessions, slipping almost 40 points or 1.2 percent along the way. The Straits Times Index...

U.S. Stocks Fall With Disney; Pacwest Leading Regional Banks Lower

The Dow and the S&P 500 ended lower on Thursday, dragged down by Walt Disney (NYSE:DIS) Co as it lost subscribers, while PacWest led...

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