The Toyota Eco Youth (TEY) 2022/2023 edition concluded today on a high note with the Ministry of Education Malaysia (MOE) and UMW Toyota Motor representatives attending the closing ceremony and exhibition at Concorde Hotel, Shah Alam. Themed ‘Championing Mobility’, the TEY programme targeted at secondary school students is among UMW Toyota Motor’s ongoing efforts to cultivate awareness and a sense of responsibility for people and the planet by encouraging the youth to take climate action through the development of sustainable innovations.

Toyota Eco Youth Participants Champion Mobility For All Through Sustainable Innovations

To us, every child is different. At Epsom, we take our responsibility as educators and mentors to nurture and guide each and every child to reach their full potential in their academic journey and beyond.

The Epsom Advantage

Less than a year ago, the global investment environment was awash with positive sentiment.  Technology stocks were the darlings of the fund management industry, and seemingly everyone wanted a piece of premium tech equity. Malaysia’s own stock market was rosy; for a while in the 2017 investm...

The importance of having goals

THE proof of the pudding lies in the eating, so goes the old saying and this is especially true in the case of Universiti Teknologi PETRONAS’ Research, Innovation and Commercialisation (RIC) Unit.

UTP’S RIC rakes in RM109mil in 2022

Inspiration comes in many shapes and forms. For renowned Scotch whisky maker The Macallan, it has consistently raised the bar with new whisky expressions inspired by elements from far beyond the world of Scotch whiskies. Its latest expressions may well be among the most unique as they take inspiration from the world of coffee.

The worlds of coffee and single malt whiskies come together in The Macallan Harmony Collection

If you have been a parent who had to find accommodation in London or elsewhere in the UK in recent months, you would find the competition fierce and rents hitting all time high as demand far outstrips supply.

An Opportunistic UK Property Market Ahead?

Since commencing operations as a construction company in 1974, Low Yat Group has grown in leaps and bounds. The group is popularly known for developing Malaysia's first international hotel, The Federal Hotel in Bukit Bintang, back in 1957 as well as Plaza Low Yat, which was recognised as the country's largest IT lifestyle centre by the Malaysia Book of Records in 2009.

Low Yat Group offers exclusive homes at BTP with Amaya

2022 was an unforgiving year for the markets as the effects of the Covid-19 pandemic lingered, geopolitical tensions reared their head and inflation spiked around the world, followed by an aggressive tightening campaign by the US Federal Reserve and other central banks.

Hop into abundance this Year of the Rabbit

Philip Morris Malaysia (PMM) has redesigned its environmental, social, and governance (ESG) framework recognizing two distinct forms of issues: Those that relate to our products (what we produce), and those related to our business operations (how we produce).

Transforming for good

OCBC Premier Banking aims to deliver banking services through not only conventional platforms but also across a diverse range of digital channels so clients can have the flexibility to choose the way they want to do banking. The multichannel experience marks the beginning of a refreshed suite of OCBC Premier Banking propositions, developed based on insights gained from clients.

The Multichannel Experience of OCBC Premier Banking

Various industry commentators have hailed 5G as a true game changer, one that will transform the way we live and do business. Cloud robotics and autonomous vehicles aside, much of the hype around 5G has centred on mobile connectivity for consumers, with the promise of lightning-fast network speeds at ultra-low latency.

Beyond the hype, here's how 5G will herald a new era of innovative growth for Malaysia

Lo-hei is a fun, festive activity for the Lunar New Year. This vibrant custom involves the communal tossing of ingredients comprising raw fish slices, shredded vegetables and condiments as one hollers auspicious phrases to welcome good fortune.

Holler for good investment fortune this Lunar New Year

With sustainability challenges increasingly confronting the world, Sime Darby Property, which turned 50 last ...

Going Further in the ESG Journey

It is estimated that working Malaysians waste about a million hours a year in traffic jams. That time could have been used more productively, such as spending another hour at work or catching up on social activities. The wasted hours also come at a cost, which economists call an opportunity cost.

Long-awaited Klang Valley expressways cut Malaysians’ time in traffic

South Korea's foreign minister Cho Tae-yul will visit China between Monday and Tuesday next week at the invitation of his Chinese counterpart Wang Yi, Seoul's foreign ministry said on Friday.

South Korea's foreign minister to visit China next week

PKR vice-president Nik Nazmi Nik Ahmad has urged PAS secretary-general Datuk Seri Takiyuddin Hassan to refrain from resorting to cheap politics, such as spreading slander about Prime Minister Datuk Seri Anwar Ibrahim in an attempt to woo the people.

Nik Nazmi tells PAS sec-gen to stop resorting to cheap politics 

KUALA LUMPUR (May 10): The Malaysian Anti-Corruption Commission (MACC)said on Friday that the King has consented to the extension of Tan Sri Azam Baki’s contract as chief commissioner at the agency for another one year, beginning May 12, 2024.

More to come
...

Azam Baki’s contract as MACC chief commissioner extended for one year

Britain bounced back strongly from a shallow recession, providing some relief for Prime Minister Rishi Sunak who has so far struggled to deliver on his promise to grow the economy.

UK recession ends with strongest growth since end of lockdown

The Ministry of Education (MOE) is willing to consider proposals from all parties, including the National Union of Teaching Profession (NUTP), to release the 2023 Sijil Pelajaran Malaysia (SPM) results earlier than the scheduled date of May 27.

MOE to consider proposals to release SPM results earlier — Wong

Japan's Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it exceeded analysts' estimates in the fourth quarter as strong sales growth in the US offset a decline in China.

Honda sees full-year profit rising 2.8%

KUALA LUMPUR (May 10): Bursa Malaysia’s all-time high indicates that measures under the Madani framework are building investor confidence, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.

Bursa’s all-time high indicates Madani Framework is building investor confidence — Amir Hamzah

Supermax Corp Bhd’s (KL:SUPERMX) plan to take full control of its loss-making Canadian unit will drag on its balance sheet and income statement, Kenanga Investment Bank flagged.

Supermax's full acquisition of Canadian unit will drag on earnings — Kenanga

As India’s general election nears the halfway mark, falling voter turnout is prompting concerns about voter disengagement in the world’s largest poll.

India’s lower voter turnout raises questions of BJP fatigue

Dewan Negara president Datuk Mutang Tagal died at the National Heart Institute (IJN) here at 11.46am on Friday. He was 69.

Dewan Negara president Mutang Tagal passes away

Hong Leong Investment Bank (HLIB) Research has a “trading buy” rating on Genting Bhd (KL:GENTING) at RM4.52 with a target price of RM7.12 and said it continues to like Genting for its well-established operational presence across diverse regions, mitigating regulatory and country risks.

HLIB says Genting is undervalued, target price RM7.12

Shares of MCE Holdings Bhd (KL:MCEHLDG) rose to their highest in at least two decades after the automotive parts manufacturer said Brahmal Vasudevan of private equity firm Creador is its newest substantial shareholder.

MCE Holdings surges to highest in at least two decades

With signs of a simmering settlement with the government in one of the longest-standing civil land disputes in history dissipating, the Court of Appeal (COA) has fixed Sept 19 to hear the appeal by Semantan Estate (1952) Sdn Bhd in its seven-decade dispute over 263.272 acres of land along Jalan Duta that is currently occupied by public properties.

No settlement in sight, Semantan Estate’s appeal to resume in Sept

KUALA LUMPUR (May 10): Datin Seri Rosmah Mansor faces another legal action, this time revolving around from 1Malaysia Development Bhd (1MDB), SRC International Sdn Bhd and subsidiaries over luxury goods that were allegedly obtained through misappropriated funds.

1MDB, SRC file fresh civil suit against Rosmah over US$350 mil luxury goods

TA Securities has valued ACE Market-bound Smart Asia Chemical Bhd (SAC) at 12 times calendar year 2025 (CY2025) earnings per share (EPS), arriving at a fair value of 54 sen.

TA Securities values ACE Market-bound Smart Asia Chemical at 54 sen 

CIMB Securities Sdn Bhd, a unit of CIMB Group Holdings Bhd (KL:CIMB), said on Friday it is targeting “high” single-digit growth in market share by year end.

CIMB Securities eyes single-digit growth in market share by year end

Shares of Globetronics Technology Bhd [KL:GTRONIC] surged on Friday as analysts project a promising outlook for the group's earnings in the second half of the financial year 2024 (2HFY2024), despite first quarter performance below consensus expectations.&nbsp;

Globetronics surges to one-month high as analysts project strong outlook for 2HFY2024

SINGAPORE (May 10): Oversea-Chinese Banking Corporation Ltd (OCBC) has announced a S$1.4 billion voluntary unconditional general offer for the 11.56% stake in Great Eastern Holdings (GEH) that it does not currently own.

Singapore’s OCBC makes privatisation bid for Great Eastern with S$25.60 offer price

The Dow Jones Industrial Average closed higher on Thursday, the seventh straight daily advance for the benchmark, as all three major US indexes gained after weekly jobless claims data offered fresh hope for interest-rate cuts.

Dow closes up to make it seven in a row, as jobs data boosts rate-cut hopes

KUALA LUMPUR (May 10):&nbsp; <a href="https://theedgemalaysia.com/" target="_blank">theedgemalaysia.com</a> highlighted three stocks with positive momentum and five stocks with negative momentum at Bursa Malaysia’s afternoon close on Friday. &nbsp;

Kuchai, VSTECS, AHB, Mclean, Kluang, Prtasco, Skywld, Kobay

Phillip Capital has maintained its “buy” rating on Pentamaster Corp Bhd (KL:PENTA) at RM4.44 with a higher target price of RM6.23 (from RM5.65) and said Pentamaster’s first quarter of 2024 (1Q2024) core net profit of RM24 million was in line with its and consensus forecasts.

Phillip Capital raises target price for Pentamaster to RM6.23 

Malaysia’s industrial output rose at a faster-than-expected pace in March from a year earlier with the manufacturing sector leading broad gains, the Department of Statistics Malaysia (DOSM) said on Friday.

Malaysia's industrial output grows faster-than-expected in March, official data shows

Inter-Pacific Research Sdn Bhd said that after a two-day consolidation, the key FBM KLCI index could mount a rebound to end the week on a firmer note.

KLCI seen hovering between 1,600 and 1,610 on Friday

World stocks rallied on Thursday, led by surging European shares and a larger-than-expected rise in US weekly jobless claims that buoyed interest rate cut hopes, while the dollar eased as the market awaits key inflation data next week.

Asia stocks rally on renewed global rate cut optimism

Apple Inc issued a rare apology for an advertisement touting its latest iPad Pro that upset many creatives and other customers. The company also said it won’t air the ad on television as planned.

Apple apologises for iPad Pro ad, scraps plan to air it on TV

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and forecast its net interest margin at the higher end of a 2.20% to 2.25% range for the full year.

Singapore's OCBC posts record 1Q profit, lifts margin guidance for 2024

KUALA LUMPUR/MUMBAI (May 10): Malaysia’s palm oil stocks increased at the end of April for the first time in six months, as production jumped despite a drop in exports, the industry regulator said on Friday.

Malaysia’s palm oil stocks surge as output jumps despite weak exports

<h3>Directors’ duties with respect to&nbsp;financial statements</h3>

In 2011, in the case of Australian Securities and Investments Commission v Healy &amp; Ors, the Federal Court of Australia delivered an important ruling and laid down important principles of law on the standard of care for th...

My Say: Court rulings on chairperson’s and directors’ duties raise cautions for holders of these posts

Entities are expected to submit a declaration of compliance to the Securities Commission on the Guidelines on Technology Risk Management (GTRM) by the first quarter of 2025, as part of the regulator's commitment to promote cyber hygiene practices.

Entities to submit compliance declaration on SC's Technology Risk Management Guidelines by 1Q 2025

MIDF Amanah Investment Bank started coverage of Allianz Malaysia Bhd (KL:ALLIANZ) with an above-consensus target price of RM23.37, citing stronger-than-average insurance growth and solid dividend yields.

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