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: 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): 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

KUALA LUMPUR: Barisan Nasional’s (BN) members of Parliament (MPs) staged a walkout yesterday after Parliament Speaker Datuk Mohamad Ariff Md Yusof ejected two lawmakers who disrupted proceedings.

The two were Datuk Seri Bung Moktar Radin (BN-Kinabatangan) and Datuk Seri Tajuddin Abdul R...

Barisan MPs stage walkout after ejection of two members

KUALA LUMPUR: Lembaga Tabung Haji failed to recognise a total of RM549 million in impairment losses of investments in several associate companies and subsidiaries as well as fair value losses in investment properties and impairment of investment in available-for-sale (AFS) debt security, accordin...

Tabung Haji fails to recognise RM549m in impairment — PwC

(April 18): When workers are hit by more than one layoff in a short span, it can leave them questioning not only their career choices, but themselves. 

About a month into his new job as a marketing coordinator this year, Nygel Jones mulled writing a celebratory post on LinkedIn. Ha...

Layoff whiplash scars workers who find new jobs only to lose them

Malaysia needs to restructure the whole ecosystem of technical and vocational education and training (TVET) programmes, so that it can effectively meet the industry’s requirements, said Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai.

Revamp needed for TVET ecosystem to reduce mismatch, says FMM president

Bursa Malaysia Bhd’s wholly-owned Bursa Carbon Exchange (BCX) will hold its inaugural auction of renewable energy certificates (RECs) on June 25 to support Malaysia’s energy transition plans and corporates’ net-zero aspirations.

Bursa to hold auction of maiden RE certificates June 25

The Federal Court on Thursday dismissed an appeal by the Petaling Jaya City Council (MBPJ) over the Court of Appeal’s decision last year that decided that non-paying members in a residential area (RA) could raise the boom gates at the entrance to the housing area themselves without the security guards' assistance.

Federal Court dismisses MBPJ’s appeal on residents' boom gate operation

(April 17): The Biden administration is expected to grant a request by South Korea’s Hanwha Qcells to reverse a two-year-old trade exemption that has allowed imports of a dominant solar panel technology from China and other countries to avoid tariffs, two sources familiar with the White House plans said on Wednesday.

US plans to restore tariffs on dominant solar technology, sources say

ACE Market-bound Sin-Kung Logistics Bhd, which launched its initial public offering (IPO) on Thursday, said that demand for trucking services remains intact amid higher logistics costs and economic uncertainty.

Sin-Kung expects demand for trucking services to stay intact amid higher logistics costs, economic uncertainty

Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.

Exports dropped 16% by value in March to two billion Swiss francs (RM10.49 billion) from a year earlier, the Federation of the Swiss Watch Industry said on Thursday.

Swiss watch exports plunge as China, Hong Kong demand dries up

Sunway Property, the property arm of Sunway Bhd, will hold a preview of the RM1.8 billion Sunway Velocity 3 by the end of this month.

The project, which is the latest phase in the integrated development of Sunway Velocity Kuala Lumpur, will be a serviced residence with co-living-ready f...

Sunway Property to preview Sunway Velocity 3 this month

KUALA LUMPUR (April 18): Former Umno youth exco Wan Muhammad Azri Wan Deris, better known as Papagomo, submitted a representation to drop the charge against him for allegedly making seditious remarks linking the government to pro-Israel and pro-Western countries last year.

Papagomo submits representation to drop sedition charge

Norway's US$1.6 trillion (RM7.6 trillion) sovereign wealth fund, one of the world's largest investors, said on Thursday it would vote in favour of a proposal letting NatWest buy back more of its stock from the British government, amid efforts to speed up privatisation.

Norway wealth fund backs NatWest plan to buy back stock from govt

The Malaysian aviation industry may be badly impacted on passenger traffic and spikes in jet fuel prices if a full-blown war results from escalating geopolitical tensions in the Middle East, according to Maybank Investment Bank Research (Maybank IB).

Malaysia's aviation industry at risk amid full-blown crisis in Middle East — Maybank IB

Shares of PIE Industrial Bhd extended its rally to a new all-time high on Thursday, after Kenanga Investment Bank flagged that the electronic services firm has secured a new client that will take up the entirety of its largest facility.

PIE Industrial extends rally to new all-time high as Kenanga flags new client

Several Malaysia Airlines and AirAsia flights between Sabah, Sarawak, and Kuala Lumpur International Airport (KLIA) were cancelled on Thursday due to volcanic eruption at Mount Ruang, Indonesia.

Malaysia Airlines, AirAsia cancel flights to Sabah, Sarawak after volcano eruption in Indonesia

The race for the “world’s best airport” crown has been a two-horse affair in recent years, with Doha’s Hamad International and Singapore Changi leading the pack.

Singapore loses ‘world’s best airport’ crown to Qatar

Alphabet Inc’s Google has put more than two dozen employees on immediate administrative leave after they were involved in protests against Project Nimbus, a US$1.2 billion (RM5.7 billion) joint contract with Amazon.com Inc to provide the Israeli government with AI and cloud services.

Google fires workers protesting US$1.2b Israeli contract

Feytech Holdings Berhad (Feytech) has entered into an underwriting agreement with TA Securities Holdings Berhad and AmInvestment Bank Berhad (joint underwriters) for the company’s Initial Public Offering (IPO) on the Main Market of Bursa Malaysia Securities Berhad.

Feytech inks underwriting agreement with TA Securities, AmInvestment en route to Main Market IPO  

Gold prices may correct amid potential delay in the anticipated rate cuts by the US Federal Reserve, Philip Capital warned on Thursday and advised investors to stop buying Malaysia’s sole gold exchange-traded fund (ETF).

Stop buying gold ETF as prices may correct — Philip Capital

Apple Inc chief executive officer Tim Cook will meet Singapore’s leader at the tail end of his most extensive Southeast Asia tour in years, searching for new growth markets and manufacturing locations to offset headwinds in China.

Apple CEO to meet Singapore leader to wrap whirlwind Asia tour

Sin-Kung Logistics Bhd has started taking orders from investors for its initial public offering (IPO) that may raise up to RM39.5 million ahead of its listing on Bursa Malaysia’s ACE Market.

Sin-Kung Logistics launches ACE Market IPO to raise RM39.5 mil

President Joe Biden called China “xenophobic” while highlighting the Asian nation’s economic woes, as he sought to make the case for US economic strength during a campaign stop in the swing state of Pennsylvania.

Biden calls China ‘xenophobic’, ramping up 2024 campaign rhetoric

Research analysts covering IGB Real Estate Investment Trust (IGB REIT) remained sanguine on the stock’s prospects after it reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31, 2024 (1QFY2024) to RM124.24 million, from RM118.55 million a year earlier, thanks largely to higher rental income.

Analysts remain sanguine on IGB REIT’s prospects going forward

KUALA LUMPUR (April 18): Smart Asia Chemical Bhd has signed an underwriting agreement with Mercury Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Smart Asia Chemical inks underwriting agreement with Mercury Securities en route to ACE Market IPO

Hong Leong Investment Bank (HLIB) research said Cloudpoint Technology Bhd is well positioned to capitalise the burgeoning demand for cyber security solutions post-passage of the cyber security bill which was passed in Dewan Rakyat on April 3.

HLIB: Cloudpoint well positioned to capitalise burgeoning demand for cyber security solutions

Asian stocks crept higher in a mixed session on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook.

Asian stocks mixed as soaring dollar pauses

Alphabet-owned Google&nbsp;is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.

Google lays off employees, shifts some roles abroad amid cost cuts

Bursa Malaysia turned mixed at the midday break on Thursday with the key index ending the morning session in positive territory, in tandem with regional markets, said a dealer.&nbsp;

Bursa mixed at midday break, key index up

Axiata Group Bhd, Malaysia’s largest telecommunications company by revenue, and India’s Bharti Airtel Ltd signed a definitive agreement on Thursday to combine their Sri Lankan operations.

Malaysia’s Axiata, Bharti Airtel of India to combine Sri Lankan ops

KUALA LUMPUR (April 18): Food and supplement company OB Holdings Bhd said on Thursday that it has secured approval from Bursa Malaysia for an initial public offering (IPO) on the bourse’s ACE Market, to raise funds for expansion.

OB Holdings gets approval for ACE Market IPO, targets listing in 4Q

The stock market saw its longest losing streak since January as a handful of big techs sold off — despite a slide in bond yields.

S&P 500 suffers its longest slide since January

The concessionaire of the Petaling Jaya Dispersal Link (PJD Link) highway believes the project remains viable and will continue to pursue its realisation.&nbsp;

Amir Ridzwan Ismail

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