The decision announced yesterday that managers and supervisors of businesses in areas under the conditional movement control order (CMCO) must work from home, while other staff can work in the office but must pass a Covid-19 test, is both discriminatory and flawed.

The Edge says: Latest work-from-home order a flawed and discriminatory decision

MUMBAI (Feb 10): It’s hard to shrug off a big mess, and that’s an awkward lesson India is learning. The latest vote of no confidence in Gautam Adani’s eponymous infrastructure empire comes from a global index provider. MSCI has cut the free-float status of four Adani stocks which will reduce...

Breakingviews: MSCI’s Adani cut signals fat tail risks for India

WITH the dissolution of Parliament, GE15 is set to be announced over the next 60 days, notwithstanding floods and festivities. The usual excitement is in the air, political parties’ flags are set to fly across the peninsular and East Malaysia.

Pitfalls & Pitch Calls: Parliament dissolved, GE15 is on

Below are excerpts of Petroliam Nasional Bhd (Petronas) chairman Tan Sri Mohd Bakke Salleh's letter to stakeholders.

Petronas chairman: Be prepared to pivot when faced with the unexpected

Media statement by Dr Ong Kian Ming, the Member of Parliament for Bangi, DAP spokesperson for international trade and industry, and a member of the Parliamentary Select Committee on Finance and the Economy, issued on June 30, 2022.

Managing the economy — Part 2: Pursuing a stronger exchange rate regime

There seems to be no ending to the Serba Dinamik Holdings Bhd saga whereby the global integrated oil and gas outfit — to the dismay of the investing fraternity and corporate governance proponents — blatantly disregarded and challenged enforcement actions by the regulators to keep an orderly market.

Is there a light — even a dim light — at the end of the tunnel for Serba Dinamik?

A multipolar nuclear regional balance will freeze the existing configuration of the Indo-Pacific, preventing its domination by any single major power. A multipolar Indo-Pacific maximises manoeuvre space for ASEAN and other small countries.

China’s strategic dilemmas

Media Statement by Dr. Ong Kian Ming, Member of Parliament for Bangi, on March 22, 2022

Comprehensive Labour Market Policy Reforms need to be introduced together with the RM1500 minimum wage

The announcement by the Prime Minister Datu...

Labour Market Policy Reforms need to be introduced together with the RM1,500 minimum wage

As a strong proponent of the anti-hopping law (AHL), I am disheartened at the Cabinet’s decision to postpone the tabling of the AHL in this parliamentary session. As I attempt to understand the Cabinet’s concerns, a few questions beg to be answered.

A recall law will settle the loyalty of frogs

First of all, I would like to express my sincere appreciation to all delegates who have attended the DAP National Congress today (Sunday, March 20) and cast their votes for me.  I am extremely grateful for the support.

Statement by Tony Pua on DAP National Congress 2022

Media statement by Dr Ong Kian Ming, the Member of Parliament for Bangi and the assistant political education director for the Democratic Action Party (DAP) on March 1, 2022:

How Russian invasion of Ukraine will affect the average M'sian and how this should shape M'sian govt response

In the near term, we think that bond investors could go overweight on Malaysian bonds to seek cover. Malaysia is the only Asian economy with a positive oil trade balance, and so would marginally benefit from higher oil prices via higher terms of trade. Yield sensitivities to US rates are also low among Asia bonds. Though foreign ownership of Malaysian Government Securities/Malaysian Government Investment Issues (MGS/MGIIs) is high (20+%), a significant portion of foreign holdings is held by foreign central banks and governments, which is expected to be more sticky and less susceptible to swings in global risk sentiments. We think that Malaysian bonds offer the best profile to ride out the Russia-Ukraine conflict.

DBS thinks Malaysian bonds offer best profile to ride out Russia-Ukraine conflict

Following the Asian financial crisis of 1997, competition law was passed as legislation within the top ASEAN economies in the first half of the past two decades. In Malaysia, the Competition Act 2010 came into force in 2012, with the Malaysia Competition Commission (MyCC) tasked by Parliament with implementing and enforcing competition law. The MyCC plays the important role of not only enforcing competition law, but in public advocacy and education of this piece of legislation to the Malaysian public in appreciating the benefits of competition against the restraints of past industrial practices of direct dealings and monopolistic "state champions".

A missed opportunity of a judicial review for Malaysia Competition Commission

The Malaysian Bar is perturbed by the recent events that have unfolded regarding the Malaysian Anti-Corruption Commission (MACC) and its leaders. Allegations have surfaced about MACC chief commissioner Tan Sri Azam Baki's alleged extensive ownership of shares in a public listed company and that his share trading account was used by his brother to trade in shares. On Jan 5, 2022, MACC Anti-Corruption Advisory Board (ACAB) chairman Tan Sri Abu Zahar Ujang stated during a press conference that the ACAB had absolved Azam of any wrongdoing.

Malaysian Bar president weighs in on allegations concerning MACC transparency

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

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

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.

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

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

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.

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.

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.

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

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

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.

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.

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

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

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.

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.

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