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BANGI (April 22): Malaysia finalised 74 percent of its land border distance with Thailand, Indonesia and Brunei last year, said Water, Land and Natural Resources Minister Dr Xavier Jayakumar.
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KOTA KINABALU (April 22): Sabah Parti Keadilan Rakyat (PKR) Leadership Council deputy chairman Mustapha Sakmud has denied allegations that 75 percent of its members are on the verge of leaving the par...
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SEPANG (April 22): Airasia Group Bhd is keen to acquire digital platforms abroad to boost its digital business segment.
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KUALA LUMPUR (April 22): Barisan Nasional (BN) will not field any candidate in the Sandakan Parliamentary by-election to be held on May 11, said its acting chairman Datuk Seri Mohamad Hasan.
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IPOH (April 22): The audio recording criticising Menteri Besar Datuk Seri Ahmad Faizal Azumu and linking him with another State Executive Councillor will never weaken or split the State leadership.
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PUTRAJAYA (April 22): The performance of Pakatan Harapan (PH) after one year in power will be discussed at the coalition’s presidential council meeting on May 3, said PKR secretary-general Datuk Ser...
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PUTRAJAYA (April 22): The implementation of the targeted petrol subsidy will depend on how quickly the Bantuan Sara Hidup (BSH) Secretariat can submit the latest updated list of those eligible Bottom ...
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KUALA LUMPUR (April 22): The Government will tender out three additional work packages under the Sabah portion of the Pan Borneo highway project “in the near future”, according to the Works Minist...
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RIYADH, April 22 — Riyadh is committed to “stabilise” the oil market after a US decision to end sanction exemptions for Iran’s customers, Saudi Arabia’s Energy Minister Khalid al-Falih said...
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KUALA LUMPUR: Ideal United Bintang International Bhd (IUBI) saw 184.02 million of its shares, or a 13.1% stake, crossed in direct business transactions off-market today.
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KUALA LUMPUR (April 22): Prasarana Malaysia Berhad (Prasarana) today introduced special MyCity 1-day and 3-day passes for unlimited travel on the Mass Rapid Transit (MRT), Light Rail Transit (LRT), Mo...
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WASHINGTON, April 22 — US President Donald Trump said today that Saudi Arabia and other Opec nations could “more than make up” for any drop in Iranian oil supplies to global markets now that his...
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KUALA LUMPUR (April 22): TDM Bhd is disposing of a piece of leasehold land in Besut, Terengganu, to Lembaga Tabung Amanah Warisan Negeri Terengganu (LTAW) for RM12 million.
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IPOH (April 22): The Perak State Government together with the Finance Ministry is detailing the list of items that would benefit from the duty-free status of Pangkor before the proclamation of the isl...
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NEW YORK, April 22 — Oil prices gained today as the Trump administration ended waivers for countries that had been importing Iranian crude in spite of US sanctions.
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KUALA LUMPUR (April 22): Velesto Energy Bhd’s earnings prospects are expected to turn rosier after having secured fresh contracts for its four jack up drilling rigs.
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PUTRAJAYA (April 22): The Visa On Arrival (VOA) requirements for tourists from China and India may be relaxed in a bid to increase the number of visitors from the two countries in conjunction with Vis...
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KUALA LUMPUR (April 22): The Government intends to add more Automated Awareness Safety System (AWAS) cameras at accident-prone locations to improve road safety and reduce accident rate.
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NEW YORK, April 22 — US stock index futures dipped today as investors returned from their Easter break and took a cautious stance at the beginning of what is expected to be the busiest week of the f...
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KUALA LUMPUR: Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd, two listed firms controlled by Tan Sri Lim Kang Hoo, have issued separate statements to Bursa Malaysia to clarify that they are not involved in the revived Bandar Malaysia project.
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KUALA LUMPUR (April 22): Axiata Group Bhd’s 80%-owned unit Ncell Private Ltd is challenging the decision by the Nepali tax authorities to charge 39.06 billion Nepalese rupees (RM1.45 billion) as cap...
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KOTA KINABALU (April 22): The deputy director of the Sabah Railway Department and his two wives pleaded not guilty at the Sessions Court here today to bribery and money laundering charges involving RM...
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KUALA LUMPUR (April 22): Chemical Company of Malaysia Bhd (CCM) has accepted a Letter of Award from Petroliam Nasional Bhd (Petronas) to supply up to 351,000 tonnes of caustic soda to the latter’s s...
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KUALA LUMPUR (Apr 22): Trading in the shares of Sinotop Holdings Bhd will be suspended tomorrow pending an announcement relating to a "very substantial acqusition" to be made by the company.
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KUALA LUMPUR (April 22): Bank Negara Malaysia investigating officer Ahmad Farhan Shariffudin today submitted documents detailing the email conversations between AmBank staff Joanna Yu, Krystale Yap an...
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KUALA LUMPUR (April 22): Lawyer Tan Sri Muhammad Shafee Abdullah today failed in his bid to recuse former Federal Court judge Datuk Seri Gopal Sri Ram from leading the prosecution in his RM9.5 million...
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KUALA LUMPUR, April 22 — The ringgit was unchanged against the US dollar at today’s close on lack of demand for the local note, amid weaker Asian currencies after the Easter holidays, a dealer sai...
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BANGKOK (April 22): State-owned Electricity Generating Authority of Thailand has narrowed its list of potential liquefied natural gas sources to 12 companies, for importing up to 1.5 million metric to...
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KUALA LUMPUR (April 22): The FBM KLCI closed 0.01 point down at 1,622.06 on profit taking while volume across Bursa Malaysia swelled to 4.77 billion shares as construction stocks' and crude oil price ...
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KUALA LUMPUR (April 22): Seacera Group Bhd’s unit Duta Skyline Sdn Bhd has entered into a joint venture agreement (JV) with Amazing Symphony Sdn Bhd, a subsidiary of OCR Group Bhd, for a mixed devel...
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KUALA LUMPUR (April 22): Bina Puri Holdings Bhd has won an arbitration case against the Pakistan National Highway Authority (NHA) in a dispute relating to the termination of a RM864 million highway co...
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KUALA LUMPUR, April 22 — Bursa Malaysia ended almost unchanged today as news on the revival of the Bandar Malaysia mega project last Friday drove optimism in the market with buying support mainly se...
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KUALA LUMPUR: Axiata Group Bhd's subsidiary Ncell Pte Ltd has appealed against Nepal's Large Taxpayer Office's (LTPO) demand of 39.06 billion Nepalese rupees (RM1.45bil) as capital gains tax (CGT).
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KUALA LUMPUR (April 22): Public Bank Group aims to approve RM50 billion in mortgage loans and RM40 billion small and medium enterprise (SME) loans in three years.
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KUALA LUMPUR (April 22): Johor Port Bhd, a member of MMC Corp Bhd, has inked an agreement with Petronas LNG Ltd (PLL) to provide marine services at attractive tariff for vessels that receive gassing u...
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KUALA LUMPUR: The FBM KLCI gave up all its hard-earned gains to close in the red on Monday, weighed down by losses in Petronas-linked stocks and telcos despite a stronger broader market.
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DRB-Hicom Bhd and Sime Darby Bhd are the front runners in the bid for the supply, repair, maintenance and management of the government’s vehicle fleet for a concession period of 15 years, according ...
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SCOMI Group Bhd (SGB) is understood to have narrowed its search for an investor down to two parties.
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FBM KLCI closes down 0.01 point at 1,622.06
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KUALA LUMPUR (April 22): Malaysia's consumer prices are expected to edge higher in March, rebounding after two months in deflationary territory, a Reuters poll showed on Monday.
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KUCHING (April 22): Bintulu Port handled a total throughput of 48.34 million tonnes of cargo last year compared with 50.28 million tonnes in 2017.
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KUALA LUMPUR (April 22): Aminah Abdullah, the 85-year-old mother of the late Rompin MP Tan Sri Jamaluddin Jarjis, will have her day in court from Aug 13 to 17, and Sept 10 to 12, over her legal claim ...
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KUALA LUMPUR (April 22): Maybank Investment Bank Bhd (Maybank IB) is maintaining its "buy" call on Malaysia Airports Holdings Bhd (MAHB) but reduced its target price to RM9.00 from RM10.90 previously ...
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SEOUL (April 22): Resorts World Las Vegas’ stable outlook reflects parent company Genting Bhd’s stable outlook, expecting strong support from co., S&P says.
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TOKYO, April 22 — Chinese stocks closed lower today on speculation authorities would limit monetary policy easing after signs of stabilisation in Asia’s top economy but trade was lacklustre with ...
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SHANGHAI: China stocks fell from a 13-month high on Monday, posting their worst session in nearly four weeks, as comments from top policymaking bodies raised investor fears that Beijing will slow the pace of policy easing after some signs of stabilisation in the world's second-largest economy.
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SINGAPORE; Singapore developer GuocoLand Ltd. plans to spend S$2.4 billion ($1.8 billion) on a new mixed-use development on the fringe of the central business district.
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SHAH ALAM: Petronas Lubricants Marketing Malaysia (PLMM), together with Petronas Lubricants International (PLI), has launched Malaysia's first Petronas auto expert service centre, offering top-end products and high quality car maintenance services to customers.
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HONG KONG: Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm's first-ever quarterly results.
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KUALA LUMPUR (April 22): The High Court has fixed May 10 to hear the applications filed by the former premier Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and one other to get 28 document...
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KUALA LUMPUR (April 22): Bank Negara Malaysia (BNM) recorded a US$500 million or 0.49% increase in its international reserves to US$103.5 billion as at April 15, 2019, compared to the US$103 billion i...
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KUALA LUMPUR (April 22): Malaysian palm oil futures shed previous session's rally to edge lower on Monday as traders locked in gains and sold on technical data reflecting a bearish outlook.
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KUALA LUMPUR, April 22 — Bursa Malaysia remained higher at mid-afternoon today on continued buying support, mostly in lower liners and the broader market shares, dealers said.
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KUALA LUMPUR: CIMB Bank Bhd says it will be more aggressive in investing in information and technology (IT) and bank operations in the 2019 financial year (FY19), allocating an additional RM400 million on top of its business-as-usual (BAU) allocation valued at RM500 million.
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BEIJING: China and Japan made key progress on a program that will allow cross-listing of exchange-traded funds and make it easier for investors to buy shares in each other’s nations.
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KUALA LUMPUR: Bank Negara Malaysia's international reserves rose by US$500mil to US$103.50bil as at April 15, 2019 from two weeks ago.
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THE 6% digital service tax, announced by the government last week and coming into force on Jan 1 next year, may face hurdles in its execution given that the foreign service providers caught under this...
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THE change in Malaysia’s government last year has piqued the interest of RRJ Capital, a top Asian private equity fund that has some US$12 billion in assets under management.
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The revival of the controversial East Coast Rail Link (ECRL) project should be viewed within the larger context of long-term bilateral relations while ensuring that such projects yield maximum benefit...
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KUALA LUMPUR (April 22): Destini Bhd has expanded its future service offerings to include the provision of total engineering solutions and services, civil works, rolling stock, project and asset manag...
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KUALA LUMPUR (April 22): Digi.Com Bhd's net profit fell 11.6% to RM341.5 million in the first quarter ended March 31, 2019 (1QFY19) from RM386.11 million a year earlier, as prepaid service revenue and...
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KUALA LUMPUR (April 22): CIMB Group Holdings Bhd is allotting RM900 million capital expenditure (capex) for the financial year ending Dec 31, 2019 (FY19), which will be used to enhance its information...
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KUALA LUMPUR (April 22): Malakoff Corp Bhd says its Tanjung Bin Energy Power Plant (TBE) in Pontian, Johor, is not affected by a fire there early this morning.
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BEIJING: China’s cash-strapped companies are going to new lengths to raise money from the booming stock market, even if it comes at a cost to existing shareholders.
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KUALA LUMPUR: There will only be a minimal impact upon Public Bank Bhd should Bank Negara decide to lower the overnight policy rate (OPR), said its MD and CEO Tan Sri Tay Ah Lek.
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KUALA LUMPUR: Digi.com Bhd's net profit for the first quarter ended March 31 came in at RM341.5mil, 11.5% lower than in the previous corresponding quarter on the back of lower revenue.
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KUALA LUMPUR (April 22): A two-month-old baby died on an AirAsia flight from Kuala Lumpur to Perth on Monday morning, The Sydney Morning Herald reported, citing the Western Australia Police Force's (W...
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KUALA LUMPUR (April 22): The High Court has barred any uploading of court recordings on social media, following a clip of Datuk Seri Najib Razak's SRC International Sdn Bhd trial that was uploaded by ...
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PUTRAJAYA (April 22): Efforts to improve the level of education among Orang Asli students remain a top agenda of the government, said Prime Minister Tun Dr Mahathir Mohamad today.
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KUALA LUMPUR (April 22): AirAsia Group Bhd group chief executive Tan Sri Tony Fernandes says the low-cost carrier group's Teleport team is making cross-border delivery/fulfilment like KL-Singapore pos...
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KUALA LUMPUR (April 22):   theedgemarkets.com highlighted ten stocks with momentum at Bursa Malaysia's noon market close today.  One stock displayed positive momentum while nine stocks showed negat...
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KUALA LUMPUR, April 22 — Kenanga Research has maintained its “neutral” call on the automotive sector, despite the industry experiencing an increase in sales growth.
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KUALA LUMPUR: AmBank (M) Bhd bagged the Top Financial Institution (FI) Partner Award for Commercial category and Top FI Award for the Bumiputera category at the recent CGC SME Awards 2018.
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KUALA LUMPUR: Alliance Bank Malaysia Bhd and its unit, Alliance Islamic Bank Bhd, have inked a 15-year bancassurance and bancatakaful agreement with Zurich General Insurance Malaysia Bhd and Zurich General Takaful Malaysia Bhd which will see a partnership value of RM200 million.
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TOKYO: Carlos Ghosn was indicted on new charges of misdirecting company money for his personal use, the most serious allegations yet against the former chairman of Nissan Motor Co.
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Digi says 1Q net profit at RM342m versus RM386m a year earlier
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PETALING JAYA (April 19): S P Setia’s Lepironia Garden project is one of the Gold winners for EdgeProp-ILAM Malaysia’s Sustainable Landscape Award 2019.
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KUALA LUMPUR (April 22): Malaysia’s ringgit falls and bonds extend losses as fears of a capital flight from the nation persist, with even the revival of a $34b property and transport hub failing to ...
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PETALING JAYA (April 21): Encore Melaka, a state-of-the-art theatre built by Yong Tai Bhd’s ambitious Impression City development in Melaka received the EdgeProp Editor’s Choice Award: Exemplary R...
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KUALA LUMPUR (April 22): The court has set May 6 as the date for the hearing of the application to transfer Tan Sri Musa Aman's corruption and money laundering cases to the High Court.
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TOKYO, April 22 — Former Nissan boss Carlos Ghosn was reportedly charged today with financial misconduct, the fourth set of formal charges against the former auto sector tycoon.
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KUALA LUMPUR: Construction stocks were in the spotlight in the morning section as counters seen to benefit from the resumption of the Bandar Malaysia project rocketed on the news of its revival.
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KUALA LUMPUR: Inova Solutions Limited, Inova Care LLC and UCrest Bhd have executed a collaboration agreement to develop and distribute UCrest’s portfolio of innovative and technology-driven health care products and services in North America and Asia on a mass and niche basis using multiple distribution channels.
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KUALA LUMPUR (April 22): Seacera Group Bhd says today it is unable to confirm the veracity of a news article which claimed Datuk William Tan Wei Lian pledged to inject at least RM30 million into the t...
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KUALA LUMPUR (April 22): The Yang di-Pertuan Agong, Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah, today strongly condemned the devastating multiple explosions in Sri Lanka on Easter Sunday y...
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Public Bank aims to approve RM50b in mortgage loans, RM40b SME loans in three years
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PETALING JAYA (April 21): Henry Butcher Malaysia (Mont Kiara) Sdn Bhd’s dedication and hard work has paid off as the property and facility management firm bagged three awards at EdgeProp Malaysia’...
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(April 22): Malaysia's Apr 1-20 palm oil exports seen at 892,477 tonnes versus Mar 1-20 at 908,718 tonnes, says Amspec Malaysia.
Malaysia | Amspec | April 22 | Apr 1 | 20 | Mar 1 | 20 | 1 | 892 | 477 | 20 | 22 | 908 | 718 | 1 | 20
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KUALA LUMPUR (April 22): RHB Research Institute Sdn Bhd has upgraded IOI Properties Bhd to "buy" from "neutral", with an unchanged target price of RM1.76, which offers 36% upside plus 5% yields.
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KUALA LUMPUR, April 22 — Bursa Malaysia stayed higher at mid-morning today, spurred by buying momentum mainly in financial and construction stocks, dealers said.
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KUALA LUMPUR, April 22 — Malaysian Resources Corporation Bhd’s (MRCB) shares were on an uptrend today following the revival of the Bandar Malaysia project.
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SINGAPORE (April 22): Palm oil may retest a resistance at RM2,227, as it has stabilised around a support at RM2,191 per tonne.
Palm oil | Wang Tao | SINGAPORE | RM2 | 50% | Reuters | 321 | 50 | 22 | 246 | 2018 | 940 | 038 | 344 | 227 | 86.4 | 191 | 038 | 896 | 61.8 | 27 | RM2 | 321 | RM2 | 896 | RM2 | 246 | RM1 | 940 | RM2 | 038 | RM2 | 038 | RM2 | 344 | RM2 | 191 | RM2 | 227 | Nov 27 | 2018 | April 22
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KUALA LUMPUR (April 22): A storm is brewing for Malaysian bonds, as the threat of an US$8 billion outflow and a falling ringgit erode sentiment, even in the face of a likely interest-rate cut.
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KUALA LUMPUR, April 22 — More than five years ago, YotaPhone was one of the first smartphone makers to come out with a dual-display device.
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TOKYO, April 22 — Asian shares were steady today as investors took stock of recent data suggesting global growth may be stabilising, while oil prices spiked on a report the US is likely to ask all i...
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KUALA LUMPUR, April 22 — A year has almost passed since last May’s watershed general election which saw a historic change, not only in government, but Malaysia’s entire political landscape wh...
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KUALA LUMPUR: PeoplExperience, the digital marketing consultancy arm of People ‘n Rich-H group of companies, is officially launched with the appointment of Karan Tyagi as its CEO and Naveen Thomas as director, digital and analytics.
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KUALA LUMPUR (April 22): Iskandar Waterfront City Bhd shares rose 29 percent, more than any full-day gain since July 19.
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KUALA LUMPUR (April 22): Shares in KNM Group Bhd fell 3.12% this morning after it proposed to raise up to RM36.36 million via a private placement to third party investors to be identified later, to fi...
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KUALA LUMPUR (April 22): The FBM KLCI started the week on a positive note this morning, as regional markets were steady, while Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd were in focus follo...
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KUALA LUMPUR: Not even a month into the second quarter of the year (2Q19), Bursa Malaysia has been tagged as the “worst performing major stock market of the year”.
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SHANGHAI, April 22 — US electric vehicle maker Tesla Inc today said it had sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding.
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KUALA LUMPUR, April 22 — The ringgit traded slightly lower against the US dollar in early trade today, despite better crude oil prices.
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KUALA LUMPUR: Construction stocks advanced on Monday with Ekovest and Iskandar Waterfront City (IWC) taking the lead after the government revived the Bandar Malaysia development.
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KUALA LUMPUR: JF Apex Research expects Malayan Banking Bhd (Maybank), Petronas Dagangan Bhd, Telekom Malaysia Bhd, UEM Sunrise Bhd, KNM Group Bhd and DWL Resources Bhd to be among the stocks to watch on Monday.
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NEW YORK: This week will go a long way in determining whether investors should be concerned about the dawning of an earnings recession or whether back-to-back quarters of negative growth can be avoided in what is the heaviest week for profit reporting by US companies.
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KUALA LUMPUR (April 22): RHB Retail Research said Focus Lumber Bhd may rebound higher after it continued holding above the RM1.52 support.
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KUALA LUMPUR (April 22): RHB Retail Research said Kimlun Corp Bhd may rise higher after it breached above the RM1.33 threshold.
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KUALA LUMPUR (April 22): Datuk Seri Najib Razak's SRC trial enters its sixth day today amidst controversy over the former premier's aide uploading a court video recording on his Facebook account, wh...
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KUALA LUMPUR (April 22): AllianceDBS Research has downgraded Axiata Group Bhd to “Hold” at RM4.04 with a lower target price of RM4.30 (from RM4.70) and said Axiata’s share price has recovered by...
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KUALA LUMPUR: Firmer China economic data and a possible US-China trade deal should help shore up the ringgit over the longer term though the local unit could face some headwinds over the shorter term.
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PETALING JAYA: Industrial lighting manufacturer Success Transformer Corp Bhd (STC) is expected to benefit from the government’s plan to replace street lights nationwide with light-emitting diodes (LED) street lighting.
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PETALING JAYA: The building of 10,000 units of affordable housing in the revived Bandar Malaysia will not result in an oversupply because there is a lack of them in the city, property consultants, an economist and government housing agency PR1MA said.
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RUMBLINGS of concern over central bank independence have erupted into full-blown debates on attempts by populist leaders to influence decision-making at central banks.
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PETALING JAYA: The weak property market in recent years has resulted in a competitive tendering environment for building construction jobs, with some contractors willing to cut prices in their efforts to secure new jobs, said Master Builders Association Malaysia (MBAM) president Foo Chek Lee.
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GEORGE TOWN: Bottled water company Spritzer Bhd will spend about RM25mil over the next two years to expand its PET (polyethylene terephthalate) plant, water-processing capacity and solar power projects to keep up with the group’s enlarged customer base and enhance its competitive edge.
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KUALA LUMPUR: Malayan Banking Bhd (Maybank) expects to record a 15% increase in ASB unit trust investments at the week-long Minggu Saham Amanah Malaysia (MSAM 2019) in Sungai Petani, Kedah, totalling some RM120mil compared with RM104mil at the previous MSAM last year.
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PETALING JAYA: A US$33bil Malaysian sovereign wealth fund has shut down its London office to focus on investments in Asia in the wake of an investment scandal that implicated the country’s former prime minister, says UK-based The Sunday Times.
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PETALING JAYA: The household debt level in the country still needs to be monitored closely as it could pose risks despite a steady decline after hitting its peak in 2015.
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PETALING JAYA: In the wake of global economic uncertainties, consumers are using their buying power to make a stand. And the power of consumers to impact change is greater than ever.

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