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Special Government Strategies On Track To Strengthen MRT Corp’s Financial Position

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The Mass Rapid Transit (MRT) Corporation Sdn. Bhd. is a company established specifically to build urban rail infrastructure and own assets and MRT Corp...
Finance & Economy

Auditor General’s Report Issues Not Of Misconduct But Operational, Management Matters: Dep Minister

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Rangkaian Hotel Seri Malaysia (RHSM) Sdn Bhd will review its business model in the future so that hotel renovation capital expenditures can be implemented...
News

May 2024’s 3.3% Unemployment Rate Stable Backed By Growth, External Sector Recovery: DOSM

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The unemployment rate in May 2024 stood at 3.3 per cent, with the number of unemployed reduced further to 566.1 thousand persons, the Department...
Finance & Economy

Diesel Fleet Card Subsidies To Mitigate Price Increases And Enforced: Minister  

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The implementation mechanism of the targeted oil subsidy policy under the Subsidised Diesel Control System (SKDS) uses a mechanism for diesel subsidy distribution which...
News

Loke Gasps For Air In Parliament, Better Now

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Transport Minister Anthony Loke Siew Fook appeared to have had breathing difficulties during a question-and-answer session in the Dewan Rakyat on Wednesday morning. Loke was...
Markets

Oil & Gas Sector To Be Impacted By GLoBE Rules Possibly Raising Costs For PCG, MISC, Yinson

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The Global Anti-Base Erosion (GloBE) rules is an initiative of the OECD and G20, whose purpose is to impose a Global Minimum Tax (GMT)...
News

IPO Note: Well Chip Group To Raise Capital To Feed The Golden Goose

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Well Chip Group Bhd (WCGB), as of the LPD, operates 23 pawnshops in Johor and it plans to open 5 new pawnshops in Johor...
News

Singapore Stocks Head For Six-Year High On Earnings Potential

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Singapore’s stocks are poised for a six-year high thanks to a revival in bank shares as optimism rises ahead of the upcoming earnings season. Bloomberg...
News

BNM: Policy On Licensing, Regulatory Framework For Digital Insurers, Takaful Operators To Be Released

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Bank Negara Malaysia (BNM) today said it will issue licences to successful digital insurers and takaful operators’ applicants that meet its requirements of the...
News

Appellate Court Overturns Court Decision On CTOS Digital, Gets Appeal

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The Court of Appeal's three divisions today ruled that CTOS Digital Berhad has the right to appeal, overturning the High Court's ruling, which means...
News

Malaysian Economy On Firm Ground In The Runup To Budget 2025, Anwar Says

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Prime Minister Datuk Seri Anwar Ibrahim today said among Malaysia’s initial achievements this year include, S&P Global Ratings and Fitch Ratings have maintained Malaysia's...
News

Singapore Container Ship Deadlock Spills Over To Malaysian Port

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Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighbouring Malaysia, snarling supply chains and causing delays in the movement...
News

RichTech Digital Makes Call For ACE Market IPO To Increase Working Capital, House New HQ

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RichTech Digital Bhd has submitted for an initial public offering (IPO) on Bursa Malasysia’s ACE Market to raise funds for marketing activities and acquire...
News

Palm Oil Falls Over 2% On Rise In Stockpiles, Soy Oil Losses

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Malaysian palm oil futures fell more than 2 per cent on Tuesday, marking their biggest drop in a month, due to an expected rise...
News

Tex Cycle (P2) Partners Econas Resource To Energy To Improve Scheduled Waste Management

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Tex Cycle (P2) Sdn Bhd (TCP2), a wholly-owned subsidiary of Tex Cycle Technology (M) Berhad (Tex Cycle) today entered into collaboration agreement with Econas...
News

SGX CEO: No Immediate Plans To Allow Crypto Listings

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Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions...
Lifestyle

Swiss Watch Brand Longines Opens New Boutique At Mid Valley Megamall

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Swiss watchmaker Longines has officially opened a new boutique in Kuala Lumpur’s Mid Valley Megamall.Operated by Watatime (M) Sdn Bhd, the boutique which boasts...
News

Banks Cannot Hold Customers Responsible For Online Banking Fraud Losses Under Present Regulations: Lim

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At present, existing regulations and laws have already taken into account the need to protect the public in cases of financial fraud.“However, I understand...
News

GIP Issues Formal Disclosure Of MAHB Shares Take Over

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The Global Infrastructure Partners (GIP) in the Gateway Development Alliance (GDA) has formally disclosed the take-over and merger of Malaysia Airports Holdings Bhd (MAHB)...
Editor's Choice

Maybank To Elevate Etiqa As A Leading Regional Insurer

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Malayan Banking Bhd’s (Maybank) insurance/takaful arm Etiqa hosted a virtual Investor Day on 4 Jul 2024.Etiqa is a regional player operating in five countries...
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