Maintaining a fair and orderly yet vibrant market

 

DATUK Muhamad Umar Swift is on the brink of completing his first two years as the CEO of Bursa Malaysia Bhd.

Two years ago when he took over the reins from Datuk Seri Tajuddin Atan, there was little interest am...

Cover Story: A balancing act

NOW, where shall we begin?

“GameStop” was on the lips of almost everyone in the investing fraternity last week.

Shares of GameStop Corp have jumped more than 10 times — from US$31.40 on Jan 14 to US$347.51 last Thursday (Malaysian time) — as Reddit-obsessed retail investors, w...

Cover Story: Market mania or a revolution in the making?

THE Sarawak government’s interest in obtaining a digital banking licence has raised quite a few eyebrows, as it is going up against well-known corporations.

Against this backdrop, little-known Vision Group is hoping to get a bite of the cherry by forming a consortium with the Sarawak go...

Tech: Creating a Sarawak-oriented digital bank

WHEN Datuk Eddie Ong Choo Meng makes an entrance — especially as a substantial shareholder of a Bursa Malaysia-listed company — things tend to perk up. A slew of corporate actions tends to follow him wherever he goes.

The companies at which he has emerged include chemical firm Hextar Gl...

What does Eddie Ong see in SWS Capital?

Notable filings

BETWEEN Jan 11 and 15, notable shareholding changes took place at several companies listed on Bursa Malaysia, including Bintai Kinden Corp Bhd, a mechanical and electrical engineering firm that is venturing into the healthcare sector by distributing a ...

Insider Moves: Bintai Kinden Corp Bhd, Jiankun International Bhd, PNE PCB Bhd, Scope Industries Bhd, Kenanga Investment Bank Bhd, Sunzen Biotech Bhd

THE tech stock rally this month, which was particularly strong last week, should not come as a surprise to investors as many of the counters have hit all-time highs since last year’s June-to-August market rally.

The spectacular share price performances of these semiconductor and semicon...

Cover Story: Tech mania amid global chip shortage

THOSE who have been to the corporate headquarters of Penang-based automated vision inspection equipment maker ViTrox Corp Bhd usually leave impressed by the architecture of the building. A bird’s eye view of ViTrox Campus 2.0 — located in the heart of Batu Kawan Industrial Park — reveals an eye-s...

Cover Story: Intense competition between local firms and MNCs for talent

FEW would disagree that most multinational corporations invariably favour Singapore over Malaysia when it comes to setting up their regional base or corporate headquarters. In recent years, other Asean countries — Vietnam, Indonesia and the Philippines, in particular — have also leapfrogged Malay...

Cover Story: Malaysia hampered by red tape, inferior education system and less-skilled human capital

ALTHOUGH globalisation has been hit hard because of the Covid-19 pandemic, it has had a different effect on DHL Express.

Since the beginning of last year, the German package delivery giant most recognisable by its distinctive red-and-yellow corporate colours, has experienced a 50% surge...

Tech: Digitalisation the way forward for DHL Express

MALAYSIA’s attractiveness as a foreign investment destination was a hot topic last week after Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz asserted in a LinkedIn  post that foreign investors remained confident about Malaysia.

The minister stated that Malaysia registered tot...

Cover Story: Decade-long slippery slope for private investment

The UK’s Labour Party is set to impose value-added tax (VAT) on boarding fees as well as private education in the country if it wins the next election, Financial Times (FT) reported, citing party insiders.

UK’s Labour to impose VAT on boarding fees, private education — FT

Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor apologised to Prime Minister Datuk Seri Anwar Ibrahim and Cabinet ministers who attended the state-level Madani Aidilfitri celebration on Saturday night.

Kedah MB apologises to Anwar, Cabinet over ‘inappropriate remarks’

The federal government has agreed in principle to proposals to convert agricultural land within the Muda Agricultural Development Authority (Mada) area for industrial and commercial development.

Anwar says nod given to conversion of Mada land for industrial, commercial development 

US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even as she declined to say whether Japan had intervened to support the currency.

Yellen counsels caution on currency intervention after yen surge

Labour wins in the UK’s two biggest cities completed a string of local election successes by opposition leader Keir Starmer that showed his party firmly on course for victory at a general election later this year.

Labour mayor wins cap triumphant election run for Starmer

Paytm appointed new business executives as the troubled fintech firm’s chief operating officer resigned.

Paytm appoints new executives as COO resigns

Warren Buffett said he expects the US government to increase taxes to tackle widening fiscal deficits rather than reduce spending.

Warren Buffett says taxes may rise to offset widening US deficits

Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its position in the iPhone maker.

Buffett says Berkshire in good hands, lauds Apple despite lowering stake

China's Ping An Insurance Group Co, the biggest Asian investor in HSBC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move.

Ping An votes against reappointment of HSBC CEO as director — Reuters

Mathew Ngau Jau is not a fan of hectic city life, though there is certainly something to smile about as he visits Kuala Lumpur this week for a very special recognition at the 19th Boh Cameronian Arts Awards (BCAA).

Treasure of Borneo