The government will not allow any party to take the law into their own hands, said Home Minister Datuk Seri Saifuddin Nasution.

No one can take law into their own hands, Saifuddin warns vigilantes amid ‘Allah’ socks hysteria

Porsche AG, which recorded stronger deliveries worldwide in 2023, is looking to the rapidly growing Asean region to boost its growth momentum.

Porsche sees Malaysia, Singapore as its keys to Asean

There may be some trepidation among those who follow the Lunar calendar about the 2024 Wood Dragon year, as the entire 2024 does not have an actual Lap Chun — which marks the arrival of spring that heralds the start of the new year.

This is because La...

What do we know about this Wood Dragon year?

There may be some trepidation among those who follow the Lunar calendar about the 2024 Wood Dragon year, as the entire 2024 does not have an actual Lap Chun — which marks the arrival of spring that heralds the start of the new year.

So, what do we know about this Wood Dragon year?

Porsche AG has unveiled its first all-electric sport utility vehicle (SUV) in the form of the Macan 4 and Macan Turbo, marking the German carmaker's second all-electric range.

The sleek all-new Porsche Macan range, which made its world premiere here on Thursday evening, amid the lush landscape of the iconic Gardens by the Bay, was rolled out a decade after Porsche introduced the first Macan, of which over 800,000 units have been sold worldwide since 2014.

Porsche unveils first all-electric SUV in global premiere

MYAirline’s suspension, SKS Airways' woes  

Despite there being green shoots of recovery in the aviation industry after three challenging yea...

The top 12 business stories in 2023

AMONG the stark realities of life that the Covid-19 pandemic drove home, two of the most impactful were that all of us are vulnerable and unfortunate circumstances can strike anyone at any time, with unexpected severity and consequences. The recognition of that vulnerability — that anyone may fal...

Cover Story: Ensuring no one is left behind 

PERMODALAN Nasional Bhd is expected to raise up to RM1.5 billion from the listing of its highways, which is slated to take place next year.

According to sources, the listing, which would value the highway trust at an estimated RM3.5 billion, will be closely watched as it would set the t...

PNB poised to raise RM1.5 bil from listing of highways

It came as no surprise when Malaysia’s largest financial services group, Malayan Banking Bhd, again took home the Best CR Initiatives award for the Super Big Cap (above RM40 billion market capitalisation) category of The Edge Billion Ringgit Club Awards 2023 — marking the third time it has won the award after first bagging it in 2015 and 2019.

BEST CR INITIATIVES: SUPER BIG CAP — ABOVE RM40 BILLION MARKET CAPITALISATION: Malayan Banking Bhd - Mobilising change with thoughtful sustainability agenda

United Plantations Bhd (UP), the world’s first producer of sustainable palm oil certified by the Roundtable on Sustainable Palm Oil in 2008, has always taken pride in taking a sustainable, responsible and ethical approach to all aspects of its operations — a commitment that it oft said can be traced back to its founder, Danish engineer and entrepreneur Aage Westenholz, who established the group in 1906.

BEST CR INITIATIVES: BELOW RM10 BILLION MARKET CAPITALISATION: United Plantations Bhd - Facilitating the journey towards a more sustainable society

The Council of Palm Oil Producing Countries (CPOPC) has called on the European Union to delay the implementation of deforestation rules by at least a year for small businesses, its secretary general said on Thursday.

Palm oil producers urges EU to delay deforestation rules for small businesses

World stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram parent Meta hammered tech, while the yen's drop through 155 per dollar for the first time since 1990 kept FX traders on intervention alert.

Stocks and yen struggle as tech troubles weigh

Shares of CapitaLand Malaysia Trust (CLMT) surged on Thursday to its highest in nearly four years while analysts remained upbeat following better-than-expected first-quarter (1Q) results.

CapitaLand Malaysia Trust surges to near four-year high after strong 1Q

The government’s move to introduce a progressive wage policy is the right approach to boost labour productivity in Malaysia, according to a World Bank economist.

Progressive wage policy right approach to boost growth in Malaysia's labour productivity — World Bank economist 

The Malaysian Anti-Corruption Commission (MACC) will make several more arrests in connection with the case involving a menteri besar's son to assist in the probe into the RM600,000 falsified claims case.

MACC chief commissioner Tan Sri Azam Baki said the case is now common knowledge and the suspects involved were detained on Wednesday while investigations are still ongoing.

MACC expects follow-up arrests in false claims probe involving MB's son — Azam Baki

The Malaysian Anti-Corruption Commission (MACC) has confirmed that former prime minister Tun Dr Mahathir Mohamad is among individuals under investigation by the commission.

Azam Baki confirms Dr M among individuals under MACC probe

The deep freeze that’s gripped Europe’s real estate markets since borrowing costs jumped worsened at the start of the year as deals plunged to their lowest levels since 2011.

European real estate deals slump to lowest level in 13 years

Barclays reported a 12% fall in first quarter profit on Thursday, as a squeeze on UK mortgage pricing, lower income from trading and a drought of M&A fees showed the difficulties it will face in delivering its first strategic revamp in a decade.

Barclays 1Q profit falls 12% as trading slump hits

Prime Minister Datuk Seri Anwar Ibrahim on Thursday denied claims that the government will issue a licence for the operation of a casino in Forest City, Johor.

PM denies claims that govt issuing casino licence for Forest City

Former prime minister Tun Abdullah Ahmad Badawi was admitted to the National Heart Institute (IJN) at 3pm on Wednesday to undergo his weekly physiotherapy session and is in good and stable condition.

Former PM Badawi admitted to IJN, in stable condition

KUALA LUMPUR (April 25): Members of the the Employees Provident Fund (EPF) who are below 55 years old will have an Account 3 starting from May 11, from which they can make withdrawals at any time for any purpose —&nbsp;subject to a minimum withdrawal amount of RM50. This is on top of the two existing accounts they currently have for retirement savings.&nbsp;

EPF members under age 55 will have Account 3 starting May 11

Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.

Malaysia is said to mull casino resort to revive Forest City

Binance co-founder Changpeng Zhao is facing up to three years in prison if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.

Friends, family, royalty seek mercy for crypto’s richest man

Shares of YTL Corp Bhd rallied to a new all-time high on Thursday after Hong Leong Investment Bank (HLIB) flagged more upside even after a 42% year-to-date surge.

YTL Corp rallies to new all-time high after HLIB flags more upside

Digital Nasional Bhd (DNB), the state-owned company in charge of the 5G network infrastructure rollout, on Thursday named five new board members, comprising senior leaders from the telecom and technology industries.

Digital Nasional names senior telco and tech leaders as new directors

A made-in-China electric vehicle (EV) will hit US dealers this summer offering power and efficiency similar to the Tesla Model Y, the world's best-selling EV, but for about US$8,000 (RM38,228) less.

How Volvo landed a cheap Chinese EV on US shores in a trade war

Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.

Axiata, Sinar Mas move closer to US$3.5b telco merger, Bloomberg reports

Sports retailer Al-Ikhsan Sports Sdn Bhd, in which state-owned private equity firm Ekuiti Nasional Bhd (Ekuinas) owns a 35% stake, has appointed Datuk Hishammudin Hasan as its new chief executive officer effective April 17.

Ekuinas-backed Al-Ikhsan Sports names former 7-Eleven head as CEO

KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.

Maybank IB is the first from a total of fi...

Mega First shares likely peaked; Maybank IB the first to downgrade stock

A disappointing earnings report from Meta Platforms Inc has technology investors on edge with results from some of the stock market’s biggest and most important companies due in the coming days.

Meta’s miss sparks fear in tech world with big earnings looming

Housing and Local Government Minister Nga Kor Ming’s press secretary Pang Sock Tao was announced as the unity government’s candidate for the Kuala Kubu Baharu by-election on May 11.

Nga's press secretary Pang picked as unity govt's candidate for Kuala Kubu Baharu by-election

Prime Minister Datuk Seri Anwar Ibrahim on Thursday denied claims that the government will issue a licence for the operation of a casino in Forest City, Johor.

Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.

The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.

Malaysia’s inflation steady at 1.8% in March

KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.

Agricore CS Holdings gets Bursa Malaysia nod to list on ACE Market

RHB Retail Research said Naim Holdings Bhd is likely to resume its uptrend after the recent consolidation above the 97.5 sen breakout level.

Naim Holdings likely to resume its uptrend, says RHB Retail Research 

World stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram parent Meta hammered tech, while the yen's drop through 155 per dollar for the first time since 1990 kept FX traders on intervention alert.

The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.

His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.

Appellate court grants Muhyiddin five-member bench for review of charges

RHB Retail Research said NationGate Holdings Bhd is observing a technical breakout after climbing above the RM1.70 immediate resistance on surging trading volume.

NationGate is observing technical breakout, says RHB Retail Research 

JOHOR BAHRU (April 25): The Johor branch of the Malaysian Quarantine and Inspection Services Department (Maqis) found parasitic worms Anisakis sp in samples of sardine cans from China that were brought in through the Sultan Iskandar Building (BSI) here, earlier this month.

Parasitic worms Anisakis sp found in canned sardines from China — Johor dept

Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.

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