KUALA LUMPUR: Malaysia is one of the better facilitators of electronic commerce (e-commerce), compared with some of its regional neighbours within the Pan Asian e-Commerce Alliance (PAA), according to chairman Francis Norman O Lopez.

“Malaysia is more advanced in terms of the utilisatio...

Malaysia not behind in e-commerce

KUALA LUMPUR: Mobile prepaid reloads will continue to be sold with the goods and services tax (GST) added to the reload amount, said Malaysian Communications and Multimedia Commission (MCMC) chairman Datuk Seri Dr Halim Shafie.

For example, a RM10 reload costs RM10.60, with 6% GST added...

Prepaid reloads to be sold with GST added till survey ends

KUALA LUMPUR (Apr 29): Sunway Real Estate Investment Trust (Sunway REIT) posted a higher higher gross revenue of RM110.7 million and net property income (NPI) of RM83.2 million for the third financial quarter ended March 31, 2015 (3QFY15), up 2.4% and 3.2% respectively from the year-ago period, c...

Sunway REIT posts higher 3Q gross revenue, NPI, to pay DPU of 2.13 sen

KUALA LUMPUR (Apr 29): Knusford Bhd has entered into a sale and purchase agreement with Tropicana Danga Bay Sdn Bhd to acquire 11 retail units within Tropez Residences, a mixed development located in Johor Bahru, for a total of RM9.07 million.

In a Bursa Malaysia filing this evening, Kn...

Knusford acquires 11 retail units from Tropicana Danga Bay for RM9m

KUALA LUMPUR (Apr 29): MFMA Development Sdn Bhd will open the first phase of the Mitsui Outlet Park KLIA Sepang to public on May 30.

“The Mitsui Outlet Park KLIA Sepang will be launched in Kuala Lumpur as the flagship mall of the Southeast Asia outlet market with a new brand concept, wh...

Mitsui Outlet Park KLIA Sepang to open to public on May 30

KUALA LUMPUR (Apr 29): theedgemarkets.com has highlighted seven stocks with momentum at Bursa Malaysia's afternoon market close today. One of the stocks shows positive momentum while six show negative momentum.

The stock with positive momentum is:

MSM Malaysia Holdings Bhd (fu...

MSM, Oriented Media, Asia Poly, Tanco, Muar Ban Lee, Ideal United Bintang, Suiwah

KUALA LUMPUR (Apr 29): Tecnic Group Bhd shares declined as much as 9.7% this morning after being queried by Bursa Malaysia yesterday on the sharp increase in the price of its shares.

At 12.30pm, Tecnic shares were nine sen or 9.73% lower at 83.5 sen, with 883,500 shares done. At 84.5 se...

Tecnic shares decline after UMA query

KUALA LUMPUR (Apr 29): NetX Holdings Bhd shares climbed as high as 15% in morning trades after proposing a rights issue, to raise up to RM62.56 million via a 1-for-1 rights issue of up to 625.55 million shares with free detachable warrants, to expand into the electronic payment solutions business...

NetX shares climb on proposed rights issue

The Kuala Kubu Baharu (KKB) state by-election will see a four-cornered fight between the candidates of Pakatan Harapan (PH), Perikatan Nasional (PN), Parti Rakyat Malaysia (PRM), and an independent.

A four-way bout in Kuala Kubu Baharu by-election

China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy.

China's first-quarter industrial profits rise at slower pace

Last December, the European Union set a global precedent by finalizing the Artificial Intelligence Act, one of the world’s most comprehensive sets of AI rules. Europe’s landmark legislation could signal a broader trend toward more responsive AI policies. But while regulation is necessary, it is i...

The Visible Hand: Governments must shape AI’s future

Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.

Singapore plans law to support gig workers’ retirement needs

The nomination centre for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.

The announcement was made by returning officer Yuhanas Auree Kamaruddin at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination centre for Kuala Kubu Baharu by-election closes at 10am

Alphabet Inc closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

Alphabet joins US$2 trillion club as results show AI strength

Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.

The Week Ahead: Attention on KKB by-election, FOMC decision, trade data in Asia

Richly valued US stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

Lofty US stocks leave investors punishing earnings disappointments

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Taiwan rattled by quakes again, no immediate reports of damage

Nomination for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination opens at 9am for Kuala Kubu Baharu by-election

The creation of Flexible Account 3 for anytime withdrawals from May 11 means Employees Provident Fund (EPF) members can choose to take out up to a third of the balance in their existing Wellbeing Account 2.

Who pays for anytime EPF withdrawals?

The Kuala Kubu Baharu (KKB) state by-election will see a four-cornered fight between the candidates of Pakatan Harapan (PH), Perikatan Nasional (PN), Parti Rakyat Malaysia (PRM), and an independent.

Global&nbsp;stocks were higher on Friday, as Big Tech gains lifted Wall Street shares, while Japan's yen&nbsp;sank to a&nbsp;34-year low after the Bank of Japan (BOJ)&nbsp;kept&nbsp;monetary policy loose.

Global stocks gain on Big Tech lift; yen slides to 34-year low

The Perak government is expected to establish cooperation with Star Group Industries (SGI), a leading South Korean company with experience in the production of downstream products of rare earth elements (REE).

Perak to collaborate with rare earth elements company from South Korea, says MB

Alphabet Inc&nbsp;closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

Richly valued US&nbsp;stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

The nomination centre&nbsp;for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.

The announcement was made by returning officer Yuhanas Auree Kamaruddin&nbsp;at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.

US&nbsp;regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp (FDIC) said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

US regulators seize troubled lender Republic First, sell it to Fulton Bank

Singapore will introduce a new law this year that will help so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.

Nomination&nbsp;for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at&nbsp;the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Apple Inc&nbsp;has renewed discussions with OpenAI about using the start-up’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter.&nbsp;

Apple intensifies talks with OpenAI for iPhone generative AI features

China's industrial profits posted smaller gains for the first quarter compared to the first two months, official data showed on Saturday, adding to evidence of an uneven recovery for the world's second-biggest economy.

Shalini Kumar

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Shalini Kumar

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