Solarvest Holdings Bhd has appointed its group chief strategy officer Liew Chee Ing as an executive director, effective Monday.

Solarvest appoints chief strategy officer Liew Chee Ing as executive director

Samsung Malaysia Electronics has introduced the latest NEO QLED TV and BESPOKE Top Mount Freezer Refrigerator.

Samsung Malaysia Electronics president Danny Kim said that the new range of NEO QLED TVs and BESPOKE Refrigerators were designed to elevate customer’s home experience in unique ways.

Samsung Malaysia introduces NEO QLED TV and BESPOKE Top Mount Freezer refrigerator

IWD 2023: 30 Malaysian female personalities share their secret to success

Yesterday, retail groups proposed that shops in retail centres should be allowed to serve fully-vaccinated customers if 70% of their front-facing staff have been completely inoculated against Covid-19.

The Edge Says: Vaccinating 70% of front-facing staff in malls is a good start — but patrons would be much more reassured if all workers were completely immunised

Genting Highlands Premium Outlets and Johor Premium Outlets, which are celebrating their 5th-year and 10th-year anniversaries respectively, are offering a sale of up to 80% discount from Dec 23 till Jan 1 to commemorate the events, which coincide with the Christmas festivities.

Up to 80% savings await visitors at Genting Highlands Premium Outlets, Johor Premium Outlets this Christmas season

It’s not often that a capital citygetsa brand new, beating heart but Kuala Lumpur is about to with the new Bukit Bintang City Centre (BBCC).

Event: A spectacular soiree

Martell Malaysia is taking the cognac experience into uncharted waters with a Be Curious pop-up event called Martell H.O.M.E., short for House of Martell Entertainment. Set in the lush greenery of Bukit Kiara Equestrian & Country Resort, Martell H.O.M.E. will be open to welcome curious explorers from Nov 6 to 11.

Martell comes H.O.M.E. in Malaysia

KUALA LUMPUR (Oct 3): OSK Property recently launched the first phase of Shorea Park – a nature-inspired master-planned development – in the mature town of Puchong.

OSK Property making its mark on Puchong

KUALA LUMPUR (Oct 17): With interstate travel allowed now that the vaccination threshold has reached 90%, industry experts are hopeful to see signs of recovery in the hotel sector as early as the end of the year, driven by domestic tourism.

Hospitality sector heading for recovery

KUALA LUMPUR (Oct 31): Comprising just 60 exclusive apartments and 10 duplex penthouses in a 6-storey rectilinear building, The Cedar is a 4.2-acre freehold development sitting on a small plateau in the heart of Damansara Heights, Kuala Lumpur.

The Cedar in Damansara Heights unveiled

KUALA LUMPUR (Oct 31): Comedy is a science, an intellectual exercise that can be learnt, says British-Malaysian stand-up comic Phil Wang, who digs into his heritage to crack up his audience. Wang was raised in Sabah until age 16, when he moved back to the UK — he was born in Stoke-On-Trent — for further studies. Introverted and serious, he finds comedy “a form of self-therapy, a way out of social anxiety”.

Funny fellow

KUALA LUMPUR (Nov 14): Bordering Kota Damansara, Kampung Sungai Penchala and Mutiara Damansara, the township of Damansara Perdana has gained some traction, owing to the revival of Empire City Damansara 2, with Central Park Damansara as its proposed name. The upcoming completion of the Damansara-Shah Alam Elevated Expressway (DASH) and remaining pockets of land to be developed are also providing a boost to the area.

Damansara Perdana sees renewed interest

KUALA LUMPUR (Nov 28): Tropicana Corp Bhd on Dec 5 will unveil its latest product — Tropicana Journey Collection —which will feature resort-themed developments. Starting off the collection are two projects — Tropicana Grandhill in Genting Highlands and Tropicana Cenang on the island of Langkawi.<...

Tropicana to unveil its resort-themed collection

KUALA LUMPUR (Nov 28): Traditionally, corporate events and business retreats have been limited to stuffy hotels and boardrooms, but Desaru Coast Destination Resort has decided to switch things up with "Corporate Events, Reimagined", a programme that redefines meetings, incentives, conferences and exhibitions (MICE) packages.

Of man + MICE

Tesla Inc shares extended their decline for 2024, pushing the electric-vehicle (EV) maker’s market valuation below US$500 billion (RM2.40 trillion), as a round of job cuts this week further soured sentiment around the company.

Tesla’s value declines below US$500b as risks pile up

Federal Reserve (Fed) vice chair Philip Jefferson said he expects inflation to continue to moderate, with interest rates at their current level, but persistent price pressures would warrant holding borrowing costs high for longer.

Fed’s vice chair sees steady rate helping to push down inflation

The International Monetary Fund (IMF) inched up its expectations for global economic growth this year, citing strength in the US and some emerging markets, while warning the outlook remains cautious amid persistent inflation and geopolitical risks.

IMF lifts growth forecast for global economy but warns of risks

US industrial production rose for a second month in March, boosted by a larger-than-expected increase in factory output, as manufacturing showed further signs of stabilising.

US industrial production rises again on boost from manufacturing

NEW YORK/BENGALURU (April 16): Johnson & Johnson's (J&J) first quarter revenue missed Wall Street estimates on Tuesday, with sales of its blockbuster psoriasis drug Stelara coming in lower than expected, as the company prepares for its loss of exclusivity in the US.

J&J's first-quarter revenue misses as Stelara sales fall short

Policymakers around the world are struggling to confront a surging greenback and lofty US interest rates, according to Mohamed El-Erian. 

“Authorities are a little bit frozen around the world as to how do you react to a generalised dollar strengthening?” El-Erian, the president of Queens’ College, Cambridge and a Bloomberg Opinion columnist, told Bloomberg Television on Tuesday. “How do you react to a generalised increase in interest rates in the US?”

El-Erian says world ‘frozen’ by strong dollar, high US rates

The Kelana Jaya Line Light Rail Transit (LRT) service is operating with a limited number of trains, due to a disruption to the power supply system which was struck by lightning at 3.30pm on Tuesday.

Power supply disruption affects Kelana Jaya Line LRT service

KUALA LUMPUR (April 16): The Malaysian Investment Development Authority (Mida) has appointed Sikh Shamsul Ibrahim Sikh Abdul Majid as its new chief executive officer (CEO), effective April 18, 2024.

Mida appoints Sikh Shamsul as new CEO

Tesla's global job cuts include reducing staff in the US and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said.

Chief executive officer Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles.

Tesla's global job cuts include leading markets US, China

PUTRAJAYA (April 16): Malaysians in West Asia, namely Iran, Iraq, Jordan and Lebanon, are reminded to continue to be vigilant and adhere to instructions of the local authorities, following the reopening of airspace and the resumption of flight operations in these four countries, said the Malaysia’s Foreign Ministry.

Malaysian travellers in West Asia reminded to be vigilant following reopening of airspaces — Wisma Putra

Datuk Abdul Rahman Ahmad will return to Permodalan Nasional Bhd (PNB) as its president and group chief executive effective July 1, 2024, the government-linked investment company said.

CIMB’s Abdul Rahman Ahmad returns to PNB as president, group chief executive

Analysts are positive on Malaysia’s pilot green power exports to Singapore using existing infrastructure in both countries, following establishment of the platform enabling cross-border trading of green electricity, the Energy Exchange Malaysia (Enegem).

Analysts positive on pilot green power exports to Singapore; name Tenaga, YTLP as top picks

E-government services providers MyEG Services Bhd and HeiTech Padu Bhd have formed a partnership to collaborate on IT projects in Malaysia.

According to separate bourse filings from both companies on Tuesday, MyEG and HeiTech Padu have inked a teaming agreement for the collaboration.&nbsp;

MyEG, HeiTech Padu form partnership to collaborate on IT projects

CIMB Group Holdings Bhd, Malaysia’s second-biggest banking group by assets, said on Tuesday its chief executive Datuk Abdul Rahman Ahmad will step down on June 30.

CIMB says CEO Abdul Rahman Ahmad stepping down on June 30

Alliance Bank Malaysia Bhd’s (ABMB) net profit is expected to jump by 37.3% year-on-year (y-o-y) to RM179 million for the fourth quarter ended March 31, 2024 (4QFY2024), according to AmInvestment Bank Research.

AmInvestment sees Alliance Bank’s 4Q earnings jump by 37% y-o-y

The Ministry of Transport clarified on Tuesday that the higher contract value of RM190.01 million awarded to HeiTech Padu Bhd for Road Transport Department (JPJ) services was only due to a longer extended contract duration.

Loke: Higher contract value awarded to HeiTech Padu due to longer extended duration

Outsourced semiconductor assembly and testing (OSAT) player Globetronics Technology Bhd is in the final stages of discussion with two prospective clients interested in leveraging advanced packaging technology.

Globetronics in final talks with two potential customers for advanced packaging

The automotive industry is not exactly the place one would want to be in the next few years.

Competition among manufacturers of internal combustion engine vehicles, battery electric vehicles (EVs) and hybrid cars has been ongoing for more than a decade now. Last year, some certainty fin...

Alternative Views: Automotive industry feels heat from intensifying EV price war

Transport Minister Anthony Loke Siew Fook said his ministry has no objection to MMC Corp Bhd divesting a stake in MMC Port Holdings Sdn Bhd, including to foreign entities, as long as it does not contravene the government's policy that requires 51% ownership of major national assets to remain with local companies.

Loke says MMC Port free to sell stake to foreign firms, but govt has to be notified of shareholding changes

Carlo Rino Group Bhd has filed for an initial public offering (IPO) that would raise more funds for the apparel company as part of its listing transfer to the ACE Market from the LEAP Market.

Carlo Rino files draft prospectus for listing transfer to ACE Market

Former prime minister Tan Sri Muhyiddin Yassin has requested for a bench of five Court of Appeal (COA) judges to hear his review against the court’s own decision to reinstate abuse of power charges involving RM232.5 million against him.

Muhyiddin seeks five-judge bench to hear criminal charges review

European Commission President Ursula von der Leyen is unleashing a barrage of trade restrictions against China as she seeks to follow through on a pledge to make the EU a more relevant political player on the global stage.

EU goes on China trade offensive after getting ‘played’ 

KTI Landmark Bhd (KTI) has signed an underwriting agreement with M&amp;A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia Securities Bhd.

In a statement on Tuesday, the Sabah-based integrated property developer said the initial public offering (IPO) comprises a public issue of 160 million new shares and an offer for sale of 45 million existing shares, representing 20% and 5.6% of the enlarged share capital of KTI respectively.

KTI Landmark inks underwriting deal with M&A Securities en route to ACE Market listing

Bursa Malaysia ended the morning session lower on Tuesday, in tandem with the weaker regional performance due to a broad sell-off on Wall Street overnight, said an analyst. &nbsp;

Bursa ends morning session lower along with regional peers

China’s rapidly expanding petrochemicals industry is making life increasingly difficult for producers in Asia’s next-biggest exporter of the building blocks for making plastics. 
&nbsp; 
Asia’s largest economy used to be the major market for South Korean companies like LG Chem Ltd and Lotte Chemical Corp. But the exporters of the chemicals used to make everything from nylon to disposable bottles and car interiors are now being forced to downsize their operations after a frenzy of petchem-plant building in China over the last few years created a supply glut. &nbsp;

China’s growing plastics dominance is squeezing out Asian rivals

EP Manufacturing Bhd's (EPMB) shares climbed on Tuesday and marked their best day in 10 months after the Shah-Alam based auto parts maker signed an assembly deal with a Chinese carmaker.

EP Manufacturing shares chart best day in 10 months after assembly deal

Gold is set to reach US$3,000 (RM14,381.71) an ounce over the next six to 18 months on increasing investor inflows amid expectations that the Federal Reserve will eventually cut interest rates, Citigroup Inc said, adding to a roll call of Wall Street banks that have raised forecasts.

Gold seen hitting US$3,000 at Citi as investor inflows juice rally

Workers in Singapore can now ask for four-day work weeks, more work-from-home days and staggered work timings starting from Dec 1, underscoring the global trend of governments and companies relaxing office arrangements in order to retain talent.

Singapore orders all employers to consider employees’ flexi-time requests

Bursa Malaysia ended lower for the second consecutive day on Tuesday, tracking the weak global sentiment due to the Middle East conflict, said an analyst. &nbsp;

Bursa closes lower, tracking weak global sentiment

HSBC Holdings plc has started a new round of job cuts at its Asia investment bank amid a slump in dealmaking across the region, according to people familiar with the matter.

The London-based lender cut around a dozen bankers across its investment banking division in Asia on Tuesday, one of the people said, asking not to be identified discussing a private matter.&nbsp;

Lifestyle

‌
‌

Lifestyle

‌‌

‌
‌