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K. Harinderan

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MCMC: Use Of Uncertified Communication Equipment – Businessman Fined RM80,000.00

A businessman was fined RM80,000.00 by the Kuala Lumpur Sessions Court for using uncertified communication equipment namely SMS Blaster which has caused serious disruption...

Rapid Rail: Monorail Services Along Jalan Sultan Ismail Resumes At 5pm

Monorail services along Jalan Sultan Ismail, disrupted since yesterday due to the fallen tree incident, resumed operations at 5pm on Wednesday May 8), Rapid...

Bursa Malaysia Snaps Four-Day Gains On Wednesday To End Almost Flat

Bursa Malaysia reversed earlier gains to end marginally lower today on profit-taking, weighed by downbeat regional markets performance, an analyst said. At 5pm, the FTSE...

Biden To Unveil US$3.3 Billion Microsoft AI Investment In Battleground Wisconsin

President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a USD3.3 billion...

Sticky Inflation: The Tactical And Strategic Importance Of Real Assets

As inflation proves stickier than anticipated, the role of real assets in a diversified portfolio becomes increasingly important for inflation mitigation. Historical data and...

Public Bank Pays Out Over RM53 Billion Of Sustainable Finance

Public Bank Bhd has mobilised over RM53 billion of sustainable finance since 2020, which is more than half of its targeted RM100 billion by...

Shell Agrees To Sell Singapore Assets To Glencore-Indonesian JV

Shell Plc has agreed to sell its Singapore refining and chemicals assets to a joint venture between commodity trader Glencore Plc and Indonesian company...

Bank Negara Malaysia’s International Reserves At US$112.8 Bln As At April 30, 2024

The international reserves of Bank Negara Malaysia (BNM) amounted to US$112.8 billion (US$1=RM4.740) as at April 30, 2024, said BNM. In a statement today, the...

Retail Price Of Petroleum Products From 9 May 2024 To 15 May 2024 Remain Unchanged

Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail prices of petroleum products from 9...

TEQ Armada, Partner France’s Elno Aim To Drive Malaysia’s Defence Communication Systems

TEQ Armada Sdn Bhd, a defence communication and solutions company has inked a memorandum of understanding (MoU) with Elno SAS, a French leader in...

Agribusiness 1Q24F Review Anticipates Higher YoY Results, CGS Says

Total CPO fresh fruit bunches (FFB) production for companies under coverage dipped by 1% yoy from 3.44m tonnes in 1Q23 to 3.40m tonnes in...

Velesto Drilling Down To A Better Quarter

Maybank Investment Bank (Maybank IB) expects a strong quarter for Velesto Energy Berhad and they lifted its FY25E earnings by +5% (FY24/26E unchanged) to match...

DOSM: Services Producer Price Index Rises 1.0 Pct To 115.8 Pts In Q1

Malaysia’s Services Producer Price Index (SPPI) averaged 115.8 points in the first quarter of 2024 (1Q 2024), marking a one per cent increase, mirroring...

Renewable Energy Certificate Through mGats Help Corporate Companies Fulfil ESG Commitments

The Ministry of Energy Transition and Water  Transformation (PETRA) will soon launch the commercial trading of  Renewable Energy Certificate (REC) through the Malaysia Green ...

Ni Hsin Launches High Powered EV Motorcycles

Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (Ni Hsin) today launched its...

Skyrocketing Coffee Bean Prices Related To Vietnam’s Crazy Planting Of The Lucrative “King Of Fruits”

Due to weather factors and an increased demand in Asia, the international market has switched to buying low-priced coffee beans due to rising costs,...

Toyota Posts 78% Surge In Q4 Operating Profit

Toyota Motor Corp on Wednesday posted a roughly 78 per cent rise in fourth-quarter operating profit at 1.11 trillion yen ($7.2 billion) boosted by...

SC Chair: Financial Planners Are To Safeguard, Elevate Standards Of Professionalism And Integrity

The Malaysian economy is projected to remain on a moderate growth trajectory of 4-5% in 2024,  underpinned by firm consumer and investment spending and...

IRB: Lawyers Can Now Submit RPGT Forms Electronically Through ‘Lawyer Role Application’

The Inland Revenue Board (IRB) has gone live with the 'Lawyer Role Application' to allow lawyers to submit the Real Property Gains Tax (RPGT)...

AI Boom Set To Fuel Data Centre Deals In Asia This Year

Global private equity investors and asset managers are readying for billions of dollars’ worth of M&A and investments linked to data centres in Asia...

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