GE14: Looking Back

KUALA LUMPUR (May 18): Selangor Menteri Besar Datuk Seri Mohamed Azmin Ali will be meeting with Prime Minister Tun Dr Mahathir Mohamad at the latest tomorrow, and seek an audience with the Sultan of Selangor after that, to decide if he will continue to helm Selangor or help with the Federal ...

Selangor MB Azmin says he 'certainly won't' hold two posts at the same time

KUALA LUMPUR (May 18): Prime Minister Tun Dr Mahathir Mohamad has announced the Pakatan Harapan government's Cabinet line-up in a statement today, comprising 15 Ministers including the Prime Minister and his deputy, who will be sworn in at the Istana Negara on Monday (May 21) at 11.30am.

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Dr Mahathir lets go of Education Ministry portfolio, announces full Cabinet line-up

SINGAPORE (May 16): Yesterday, the new Pakatan Harapan (PH)-led government announced that Malaysia’s 6% goods and service tax (GST) will be zero-rated from Jun 1 onwards, effectively abolishing it.

Malaysia’s newly elected prime minister, Mahathir Mohamad, had vowed during his campaign ...

Is Malaysia's farewell to its GST a little too rushed?

KUALA LUMPUR (May 17): Malaysia can reduce its fiscal deficit to around -2.7% or -2.8% in 2018 if the Pakatan Harapan (PH) government holds up to its promise for an efficient and prudent government, according to AmBank Research. 

In a note today, AmBank chief economist and head of ...

Malaysia's fiscal deficit may be reduced if PH holds up promise to clean up government, says AmBank Research

KUALA LUMPUR (May 16): More than 10 police cars and a Black Maria (a police truck used to transport prisoners) arrived at the residence of former Prime Minister Datuk Seri Najib Tun Razak on Jalan Langgak Duta, Taman Duta here tonight, Bernama reported.

The lorry believed to be bringing...

Police cars and Black Maria parked outside Najib's house

PETALING JAYA (May 16): PKR de facto leader Datuk Seri Anwar Ibrahim said the Yang Di-Pertuan Agong pardoned him of all  charges because the ruler recognised that there were elements of "miscarriage of justice" in his detention.

“He (the King) followed the development of the case, ...

Anwar: 'King pardoned me because there was miscarriage of justice'

SINGAPORE (May 16): The five-member Council of Eminent Persons, a team of special advisors announced by Malaysia’s prime minister Mahathir Mohamad on May 12, has hit the ground running.

Led by former Finance Minister Daim Zainuddin, the council also includes former Bank Negara Malaysia ...

Malaysia's special advisory council committed to meet first 100-day promises, says Maybank

PETALING JAYA (May 11): Newly sworn-in Malaysian Prime Minister Tun Dr Mahathir Mohamad says the new government he helms will be business-friendly, and expresses hope that the stock market will continue to remain active after it reopens on Monday (May 14) following the two-day public holidays yes...

Tun M assures new government will be business-friendly, wants to bring back 1MDB money

PUTRAJAYA (May 14): Attorney General Tan Sri Mohamed Apandi Ali has been told to go on leave and his duties will be taken over by Solicitor General Datuk Engku Nor Faizah Engku Atek.

At a press conference today, Prime Minister Tun Dr Mahathir Mohamad said the arrangement was due to the ...

Apandi to go on leave, Solicitor General to assume AG's role, PM says

KUALA LUMPUR (May 15): Prime Minister Tun Dr Mahathir Mohamad plans to play a background role in the government even after he hands over the reins of power to Datuk Seri Anwar Ibrahim in one to two years' time.

Dr Mahathir said PKR de facto leader Anwar, who is expected to be released f...

 Dr Mahathir to have a 'background' role even after Anwar takes over as PM

GE14 Results for State seats

KUALA LUMPUR (May 14): Umno has given its acting president Datuk Ahmad Zahid Hamidi the green light to negotiate with other political parties on forming the government or opposition blocs.

Zahid said the Umno supreme council, which decided this at a meeting today, imposed the condition ...

Umno mandates Zahid to negotiate with other parties

GEORGE TOWN (May 14): DAP secretary-general Lim Guan Eng said the Anti-Fake News Act will be abolished, as promised in Pakatan Harapan’s general election manifesto.

“Pakatan’s position has always been that the Act would be abolished but I will clarify with Prime Minister Tun Dr Mahathir...

Anti-Fake News Act will be abolished as promised, says Guan Eng

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&nbsp;has technology investors on edge ahead of results from some of the stock market’s biggest and most important companies in the coming days.

Meta’s miss sparks fears in tech with more earnings ahead

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 

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

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.

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

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 

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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