The Securities Commission Malaysia (SC) has issued new Guidelines on Conduct of Directors of Listed Issuers and Their Subsidiaries to strengthen board governance and oversight in listed issuers and their subsidiaries.

SC issues new guidelines on conduct of directors of listed issuers and their subsidiaries

Volvo Car Malaysia said it has recently launched a new sales, service and spare parts centre in Kota Kinabalu, Sabah with new dealer-partner Sebangga Mitsinbo.

Volvo Car Malaysia and Sebangga Group open 3S centre in Kota Kinabalu

Malaysia has overtaken Hong Kong in the flexible office space market, which has seen a third successive year of high growth.

According to workspace innovation company The Instant Group, growth in Hong Kong was slowed compared to previous years, with Kuala Lumpur, Sydney, Singapore and Jakarta overtaking it last year.

Malaysia overtakes Hong Kong in flexible workspace market

Science, Technology and Innovation Minister Khairy Jamaluddin, who held a video conference with his Chinese counterpart Wang Zhigang today, said they discussed Malaysia’s interest in securing early access to a safe and effective Covid-19 vaccine.

Khairy discusses Covid-19 vaccine in video call with Chinese minister

Malaysian hosts have in general welcome Airbnb's Malaysian Medical Association (MMA)-backed enhanced cleaning protocol as communities reopen for travel in Malaysia, said the short-term rental accommodation company.

Airbnb says Malaysian hosts broadly welcome its MMA-endorsed enhanced cleaning protocol

Media Prima Digital and its subsidiary REV Asia Holdings Sdn Bhd have been rebranded as REV Media Group as part of their corporate initiative to further streamline business processes and function with the team to be based in Sri Pentas, Bandar Utama, Petaling Jaya.

Media Prima Digital and REV Asia rebrand as REV Media Group

RHB Investment Bank Research has downgraded its rating of Duopharma Biotech Bhd to “sell” at RM2.82, with an unchanged discounted cash flow (DCF)-derived target price (TP) of RM1.95 and 31% downside.

RHB downgrades Duopharma to 'sell' following overdose of vaccine hope

The uncertain regulatory environment for vaping products and e-cigarettes in Malaysia has made it easy for vendors of counterfeit vape products to flourish, said Beijing-based e-cigarette manufacturer RELX Technology.

Uncertain regulatory environment for vaping products, e-ciggies allows counterfeits to flourish, says China-based RELX

Proton Holdings Bhd is expanding its used car management (UCM) department to streamline sales and distribution of used cars in support of new car sales as it believes the used car business represents a critical component of the automotive value chain and is an area often not given enough attention.

Proton to expand used car management network, aims for 36 used car outlets nationwide in 2020

MIDF Research anticipates a better performance for Malaysian exports in 2H20.

“For the 1H20, exports growth averaged at a 6.8% decline y-o-y and moving forward, we foresee the performance to improve in 2H20. The expectation was construed based on the reopening of global economies in phases which will increase demand, resulting in better trade flows,” it said in a note today.

MIDF Research anticipates better export performance in 2H20

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

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

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

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

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

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

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

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

No specific names discussed for Sabah PKR State Leadership Council head, says Fahmi

Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...

The Frontiers Of Growth : How to Govern the Bretton Woods Institutions Better

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

Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.

Former IGP Tun Hanif Omar passes away

The long-awaited Energy Exchange Malaysia (Enegem) has finally been introduced, along with guidelines on cross-border electricity sales announced by the Ministry of Energy Transition and Water Transformation (Petra) last Monday for exports of green electricity from Malaysia to Singapore and Thailand.

Enegem: Malaysia edges closer to RE exports

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

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.

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

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.

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.

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

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.

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.

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.

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

Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's (Fed) latest survey of US central bank contacts, with geopolitical troubles and the 2024 US presidential election also mentioned as "a potentially significant source of shocks".

Fed survey cites inflation, US election as key financial stability risks

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.

World Bank wins US$11b in pledges to boost lending for climate, global crises

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.

PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.

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.

Areeshya Thevamanohar

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Areeshya Thevamanohar

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