KUALA LUMPUR (Nov 21): Topvision Eye Specialist Bhd made its debut on the LEAP Market of Bursa Malaysia with a premium of 27.78% higher at 23 sen from its offer price of 18 sen.

Speaking to the media this morning, Topvision CEO Kenny Liew Hock Nean said investors were confident with the...

Topvision debuts 27.78% higher on LEAP market

DESPITE a historic change in the federal government in May, the country’s electoral system is far from fine. Decades of abuse and rigging have created an unfair process for choosing the stewards of the nation.

That Malaysia now has an opportunity for a reset is unprecedented. And the st...

Remaking Malaysia: How to remake Malaysia’s electoral system

KUALA LUMPUR: A group of Felda settlers wants the government to introduce a floor price for palm oil — set at the production cost of RM350 per tonne — following a sharp fall in the commodity’s price.

PAS deputy president Datuk Tuan Ibrahim Tuan Man said Putrajaya should seriously consid...

Settlers propose RM350 floor price for palm oil

KUALA LUMPUR: Deputy Minister of International Trade Investment Ong Kian Ming (pic) said five manufacturing companies, which invested a total of RM308.7 million here, had shut operations and exited the country between May and September this year.

He said they decided to withdraw from Ma...

Ong: Foreign investors’ exit due to business decisions

KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT) will declare a dividend for the financial year ending Dec 31, 2018 (FY18) in February, Defence Minister Mohamad Sabu said yesterday.

He said it will be based on the economic conditions and the current investment, without revealing the...

Mohamad Sabu: LTAT to declare FY18 dividend in February

KUALA LUMPUR: Former Lembaga Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim has denied allegations of misconduct by the pilgrims fund’s previous management.

“Tabung Haji’s previous management did not violate the law and did not commit any misconduct as alleged [in news reports]...

Tabung Haji ex-chairman denies allegations of misconduct

KUALA LUMPUR (Dec 11): Lembaga Tabung Haji's (TH) former chairman Datuk Seri Abdul Azeez Abdul Rahim has denied allegations of misconduct by the pilgrim fund's previous management.

Yesterday, Minister in the Prime Minister's Office Datuk Seri Dr Mujahid Yusof Rawa, citing Pricewaterhous...

Former TH chairman denies allegations of misconduct, using depositors' savings to pay dividends

KUALA LUMPUR (Dec 11): A group of Felda settlers want the Government to introduce a price floor for palm oil, set at the production cost of RM350 per tonne, following the sharp fall in the price of the commodity.

PAS deputy president Datuk Tuan Ibrahim Tuan Man said Putrajaya should ser...

Felda settlers propose RM350 price floor for palm oil

KUALA LUMPUR (Dec 11): Lembaga Tabung Angkatan Tentera (LTAT) will declare its dividend payout for the financial year ending Dec 31, 2018 (FY18) in February, Defence Minister Mohamad Sabu said today.

He said the dividend will be based on the economic conditions and the current investmen...

LTAT to declare its FY18 dividend next February

KUALA LUMPUR (Dec 11): Deputy International Trade and Industry Minister Dr Ong Kian Ming said today that between May and September 2018, five foreign manufacturers in Malaysia completely shut down their operations due to a decrease in demand and sales besides rising operating cost.

Ong ...

Ong Kian Ming: Foreign investors exit due to business decisions

Iran’s foreign minister compared the drones used in an attack by Israel early Friday to “toys”, in comments that aimed at downplaying the significance of the strike on Iranian territory.

Iran downplays Israel’s latest attack as one done by ‘toys’

The Malaysian Communications and Multimedia Commission (MCMC) has lodged police reports against three individuals, namely Badrul Hisham Shaharin or Chegubard, Mohamad Salim Iskandar (Salim Iskandar) and Wan Muhammad Azri Wan Deris (Papagomo), for making and spreading false accusations about its officers.

MCMC lodges police reports against Chegubard, Salim Iskandar, Papagomo over false accusations

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Bitcoin ‘halving’ cuts supply of new tokens in threat to miners

The Madani government will look into the hardship faced by the people in Sabah, especially in terms of socioeconomic poverty as well as improvements to infrastructure for the benefit of the people.

Madani govt committed to improving infrastucture in Sabah, says Anwar

Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.

Teo cautions public on scammers impersonating Communications Ministry officials

A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time.

Iraq's Popular Mobilization Forces says base was attacked, army investigates

Barisan Nasional (BN) component parties are required to help the candidate representing the unity government in the Kuala Kubu Baharu state by-election, said BN deputy chairman Datuk Seri Mohamad Hasan.

Kuala Kubu Baharu by-election: BN component parties have to assist unity govt candidate, says Mohamad Hasan

Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.

Positive economic achievements prove Sabah govt's commitment, says Hajiji

Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.

Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.

Scientex aims to build 50,000 affordable housing units by 2028

The Madani government is committed to eradicating hardcore poverty in Sabah despite knowing the situation is quite complicated to resolve, said Prime Minister Datuk Seri Anwar Ibrahim.

Madani govt committed to eradicating hardcore poverty in Sabah, says Anwar

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

Philippines wants US, Japan to take over rail deal eyed by China

Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

Approved logistics players to get diesel fleet cards amid subsidy rationalisation

S P Setia Bhd has officially launched the LakePoint Complex commercial hub at the 1,235-acre freehold township of SetiaAlam Impian in Shah Alam on Saturday. The ceremony was officiated by the Sultan of Selangor, Sultan Sharafuddin Idris Shah.

Selangor Sultan officiates launch of S P Setia’s LakePoint Complex at Setia AlamImpian

Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

DNB says process relating to subscription of its shares by five mobile network operators ongoing

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

The Week Ahead: Eyes on March inflation, US 1Q GDP and tech earnings

The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.

Selangor Sultan conveys condolences to Tun Hanif Omar’s family

Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the US stock rally, which has flagged as expectations for interest cuts fade.

'Crowded' megacap trade in US stocks awaits earnings test

Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.

Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.

Barisan Nasional (BN) component parties are required to help the candidate representing the unity government in the Kuala Kubu Baharu state by-election, said BN deputy chairman Datuk Seri Mohamad Hasan.

Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year.

Tesla's Elon Musk postpones India trip, aims to visit this year

The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

Ringgit likely to trade around 4.78 versus greenback next week

Iran’s foreign minister compared the drones used in an attack by Israel early Friday to “toys”, in comments that aimed at downplaying the significance of the strike on Iranian territory. &nbsp;

The Malaysian Communications and Multimedia Commission (MCMC) has lodged police reports against three individuals, namely Badrul Hisham Shaharin or Chegubard, Mohamad Salim Iskandar (Salim Iskandar) and Wan Muhammad Azri Wan Deris (Papagomo), for making and spreading false accusations about its officers.

A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time.

Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

IMF concerned about debt, fiscal challenges facing low-income countries

Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.

Perikatan Nasional (PN) will hold a supreme council meeting on Monday (April 22) on the selection of candidate to contest in the Kuala Kubu Baharu state by-election on May 11.

Kuala Kubu Baharu by-election: PN to hold supreme council meeting on Monday

Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.

The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.

Amir Ridzwan

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