<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 13): Sarawak Chief Minister Tan Sri Adenan Satem has appointed nine full ministers, including three deputy chief ministers, to help him run the state, according to a <em>Bernama</em> report.</p></div>

<div class=newsTextDataWrapInner><p>"We have increased the state constituencies from 72 to 82 and this certainly justifies the need to have the numbers," he was quoted as telling a packed media conference at the state legislative assembly building here to announce their names and respective portfolios.</p></div>

<div class=newsTextDataWrapInner><p>The nine had earlier attended a swearing-in ceremony before Sarawak Yang di-Pertua Negeri Tun Abdul Taib Mahmud.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The three deputy chief ministers (DCMs) are Datuk Amar Douglas Uggah Embas, who is also appointed as State Agriculture Modernisation and Rural Economy Minister, Tan Sri Dr James Jemut Masing, also appointed as State Infrastructure Development and Transportation Minister, and Datuk Amar Abang Johari Tun Openg, who will hold two portfolios, as Tourism, Arts and Culture Minister as well as Housing and Urbanisation Minister.</p></div>

<div class=newsTextDataWrapInner><p>Douglas Uggah is also no longer the minister of plantation industries and commodities. He is understood to have resigned from the position on Monday, May 9.</p></div>

<div class=newsTextDataWrapInner><p>Nancy Shukri, Minister in the Prime Minister's Department, is currently the acting minister.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


KUALA LUMPUR (May 13): Sarawak Chief Minister Tan Sri Adenan Satem has appointed nine full ministers, including three deputy chief ministers, to help him run the state, according to a Bernama report.

"We have increased the state constituencies from 72 to 82 and this certainly j...

Adenan appoints three deputy chief ministers, including Douglas Uggah Embas

World oil demand this year is expected to grow less than earlier forecast and output should expand faster than previous estimates, resulting in a more balanced market, the US Energy Information Administration (EIA) said on Tuesday.

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(May 7): Microsoft's Xbox is shutting down a number of gaming studios including Arkane Austin, making it the latest publisher to shut down studios amid signs of a gaming slowdown.

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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


Sime Darby Plantation, Pekat, Siab, OCK, Sapura Energy, CTOS, Awantec, Mobilia, Prolintas, Power Root

<p>The takeover bid by Yinson Holdings Bhd’s major shareholder for Icon Offshore Bhd was made at 63.5 sen per share, as wellas 0.1 sen per warrant.</p>


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<p>Power Root Bhd's subsidiaries have successfully recovered trademark of its own “Ah Huat” brand for coffee and tea beverages, after reaching an amicable out-of-court settlement with its Indonesian distributor CV Ego Sun Star Sukses Mandiri (CV Ego) following an infringement wrangle that started in 2013.</p>


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<p>Global sales of semiconductors jumped 15.2% year-on-year (y-o-y) to US$137.7 billion (RM653.24 billion) during the first quarter of 2024, according to the US-based Semiconductor Industry Association (SIA).</p>


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<p>Former National and Johor Darul Ta’zim (JDT) skipper Safiq Rahim became the third National footballer to be attacked within a week, although the JDT player’s attack seemed more of a warning than personal harm.</p>


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<p>United Overseas Bank (M) Bhd (UOB Malaysia) has launched a programme to assist businesses in understanding and preparing for the European Union's (EU) carbon border adjustment mechanism (CBAM), a carbon border tax that is set to take effect in 2026 and affect some 75% of Malaysian exports to the region.</p>


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<p>TikTok and its Chinese parent company ByteDance said on Tuesday they filed suit in US federal court seeking to block a law signed by President Joe Biden that would force the divestiture of the short video app used by 170 million Americans or ban its use.</p>


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<p>Shares in low-cost aviation operators Capital A Bhd (KL:CAPITALA) and AirAsia X Bhd (KL:AAX) rose in early trade on Wednesday, tracking gains at the broader market.</p>


<p>The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence (AI) technology said the country would divest from China if it were asked to do so by the US.</p>


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<p>The S&amp;P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that the Federal Reserve (Fed) will cut interest rates this year.</p>


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<p>As Malaysia aims to achieve high-income status, it needs to improve its human capital outcomes to match those of high-income countries.</p>


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<p>The Malaysian Anti-Corruption Commission (MACC) is studying allegations against Housing and Local Government Minister Nga Kor Ming with regards to his announcement of an allocation for infrastructure in Kuala Kubu Bharu (KKB) recently.</p>


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<p>Wall Street pared earlier gains on Tuesday after equity markets elsewhere rallied as investors parsed when and by how much the Federal Reserve (Fed) cuts interest rates this year, while a resurgent dollar helped weaken the yen further.</p>


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<p>Shares of CTOS Digital Bhd (KL:CTOS) rose to their highest in nearly two months as analysts flagged a pickup in earnings ahead following the seasonally weaker first-quarter results.</p>


<p>Australia said on Wednesday it would raise the amount of savings international students will need to get a visa and warned several colleges of fraudulent student recruitment practices, as part of efforts to rein in record migration.</p>


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<p>Currency markets have started pricing in elevated foreign exchange volatility around the US vote on Nov 5, even with election day almost six months away.</p>


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<p>Kim Ki Nam, one of the longest-serving North Korean officials who served all three generations of its leaders cementing their political legitimacy and heading the propaganda apparatus for the dynastic state, has died, official media said on Wednesday.</p>
