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Business

BAT Malaysia’s Profits Decline Amid Increased Vuse Investment, Declares 12 Sen Dividend

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British American Tobacco (Malaysia) Bhd reported a 23.66% decline in net profit for the second quarter ended June 30, 2024 (2QFY2024), attributing the decrease...
Business

UP Net Profit Rises 17% On Higher Plantation, Refinery Profits

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United Plantations Bhd (UP) reported a 17% increase in net profit to RM185.94 million for the second quarter ended June 30, 2024 (2QFY2024), up...
In Other News

Redefining Board Directorship: A Career Capstone Or Evolution?

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The business environment of today continues to evolve quickly and becomes increasingly complex. Boards today continue to face new challenges – from regulations, governance,...
News

Some 10.92 Million Malaysians Qualify To Benefit From MySalam Scheme, Dep Finance Minister Says

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MySalam is a free takaful protection scheme provided by the government for the B40 group. The MySalam Scheme has been operational since 2019 and...
News

Bursa Malaysia Lower On Cautious Market Sentiment, In Line With Regional Peers

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Bursa Malaysia closed on a weaker note today in tandem with the downbeat regional market performance as investors took profits amid the global sell-off,...
News

ALLIANZ Moves Up Gainers List As HEIM Fizzles Down

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On the broader market, losers surpassed gainers 773 to 341, with 487 counters unchanged, 870 untraded, and six others suspended. Here is the table for...
News

Digital Minister: Global IT Outage Affected 5 Government Agencies, 9 Companies

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Five government agencies and nine private companies experienced disruptions due to a global IT outage on July 19, according to Digital Minister Gobind Singh...
Lifestyle

Traveloka EPIC Sale Offers Biggest Online Discounts Of Up To 50% Off To See The World

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Traveloka, Southeast Asia's leading travel platform, is launching its EPIC Sale, the largest online travel promotion ever by Traveloka, and named global superstar Ji...
News

Foreign Exchange Rates July 24, 2024

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The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm, July 24, provide a comprehensive overview of currency fluctuations for...
News

ECRL Development Seen As Key Driver For Economic Progress In Pahang

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The completion of the East Coast Rail Link (ECRL) project, expected by December 2026 with operations commencing in January 2027, is anticipated to significantly...
News

Retail Price Of Petroleum Products Over Next Week Remains Unchanged: MOF

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Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail prices of petroleum products from 25...
Business

Petronas Acquires Land For Carbon Capture, Storage Hub In Pahang

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The hub is expected to have its first injection by 2029 and will play a key role in reducing carbon emissions for hard-to-abate industries...
Business

SC Estate Builder Partners Three Others To Build 510 Affordable Houses In Kedah 

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The Board of Directors of SC Estate Builder Berhad (SCBUILD) stated that SC Estate Construction Sdn. Bhd. (SCEC) as the Land Owner and SC...
Business

A RM5 Billion Funding Boost Needed To Realise NIMP 2030’s Smart Manufacturing Goals: FMM President

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In a bid to bolster Malaysia's manufacturing sector under the New Industrial Master Plan 2030 (NIMP 2030), the Federation of Malaysian Manufacturers (FMM) is...
In Other News

The Matter Of Conventional Crime Moving To Cyberspace And Social Media

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Communications Minister Fahmi Fadzil has voiced serious concerns regarding the migration of conventional crimes into cyberspace and social media platforms, underscoring the need for...
Editor's Choice

Jack Ma’s Partner Dixon Zhang Considers Investment In Malaysia, Rafizi Says

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Dixon Zhang, founder of Lianlian Group and an early investor in Jack Ma's ventures, is contemplating a significant investment in Malaysia's burgeoning fintech sector....
Banking

‘All Systems Secure, Customers’ Info Fully Protected,’ Maybank Says

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Malayan Banking Bhd (Maybank), Malaysia's largest bank by assets, has responded to concerns over the security of its customer data following reports that a...
Global

U.S. Justice Department To Recover Assets In Agreement With 1MDB-Linked Jasmine Loo

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The United States Justice Department has finalised an agreement with Jasmine Loo Ai Swan, former general counsel of 1Malaysia Development Berhad (1MDB), aimed at...
Global

China Stocks’ ‘Policy Put’ Is Breaking Down

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Chinese officials seem relatively untroubled about their country’s property market dysfunction, judging from their own list of top priorities. Reuters reported today that of 60...
Global

Singapore To Do Away With 3G Network In Phases By Aug 1

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From Aug 1, local mobile network operators will begin to bid farewell to 3G – or third-generation wireless technology that helped to usher in...
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