MALAYSIA is likely to join many developed countries in introducing new laws and updating existing ones to combat online piracy.
GIVEN a host of challenges at home and abroad, banking sector loans are expected to grow at a slower pace of about 5% this year after expanding 5.6% last year, their fastest pace in three years.
The Economic Action Council (EAC) was officially unveiled last week, together with the full list of its 16 members.
KUALA LUMPUR (Feb 18): Khazanah Nasional Bhd expected to declare more than RM 1 billion of dividend to the government for 2019, said its chief executive officer Datuk Seri Sharil Ridza Ridzuan Sharil...
SINGAPORE (Feb 18): RHB Research is maintaining Genting Singapore at “buy” with target price of S$1.23 on the back of stable casino earnings, market share gains and the company’s potential to ta...
SINGAPORE (Feb 18): State oil firm Petronas has set the price factor for Malaysian Crude Oil (MCO) for March at US$5.40 per barrel, unchanged from the previous month, the company said on Monday.
KUALA LUMPUR (Feb 18): TSH Resources Bhd informed today that a fire occurred at a factory owned by its wholly-owned subsidiary Ekowood International Bhd at around 5am.
KUALA LUMPUR (Feb 18): Law firm Herbert Smith Freehills said today it advised Lendlease Corp Ltd on its role as sponsor in relation to the RM2.15 billion financing of the Tun Razak Exchange (TRX) Life...
KUALA LUMPUR: Tadmax Resources Bhd has refuted a news report that the government has cancelled its power plant project in Pulah Indah, Selangor.
SINGAPORE: Cash-strapped Singapore water-treatment company Hyflux Ltd. unveiled a restructuring plan that’s been highly anticipated by retail investors in the city-state, who own millions worth of the firm’s debt.
KUALA LUMPUR: Axiata Group Bhd’s sale of its ts 28.67% stake in Singapore's M1 Ltd has improved its financial headroom and the sale proceeds will help cut debt, S&P Global Ratings says in a report.
KUALA LUMPUR (Feb 18): Malaysian palm oil futures edged higher in early trade on Monday, in line for a second session of gains in three days, bolstered by stronger related edible oils and on expectati...
Malaysian | KUALA LUMPUR | Palm | US | Palm oil prices | Output | Trading volumes | Palm oil | Palm oil production | Wang Tao | Bursa Malaysia Derivatives Exchange | Malaysian Palm Oil Board | Palm oil prices | Board of Trade | Chicago | RM2 | Reuters | Dalian | Dalian Commodity Exchange | Indonesian
KUALA LUMPUR (Feb 18): The Employees Provident Fund (EPF), which declared its 2018 dividends on Saturday, said equities continued to be the main contributor of income with 57.55 per cent amounting to ...
KUALA LUMPUR (Feb 18): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon close today.
(Feb 18): UOB Kay Hian downgraded the recommendation on Astro Malaysia Holdings Bhd to hold from buy.
LABUAN, Feb 18 — Sabah government's linked-company Asian Supply Base Sdn Bhd (ASB) will unveil a blueprint next month as it braces itself against challenges in the next decade.
UALA LUMPUR: Total trade volume between Malaysia and China reached a record high of US$108.6bil (RM443bil) in 2018, with the number of Chinese visitors into Malaysia increasing 29% to 2.94 million last year.
SINGAPORE: DBS Group Holdings Ltd. relied on lending to boost fourth-quarter profit as financial-market turbulence hit its trading, wealth and investment banking operations.
KUALA LUMPUR: The Employees Provident Fund has recorded RM50.88bil in gross investment income last year, registering a 10-year compound annual growth rate (CAGR) of 10.26%.
KUALA LUMPUR: The FBM KLCI retraced some of its earlier gains by midday but remained ahead of the previous close as global equities surged on renewed optimism.
Corporate earnings and Saudi Arabian Crown Prince Mohammed Salman’s maiden visit to Malaysia on Feb 17 will take centre stage this week.
Mohammed Salman | Mahathir Mohamad | Saudi Arabian | Malaysia | Kuala Lumpur Kepong Bhd | Public Bank Bhd | Saudi Aramco | Axiata Group Bhd | Sime Darby Bhd | Bank Negara Malaysia | Goods and Services Tax | Inflation | PRefChem | Petroliam Nasional Bhd | MIDF Amanah Investment Bank Bhd | Refinery and Petrochemical Complex of Pengerang Refining and Petrochemical | RAPID | Pengerang | Kuala Lumpur | Johor | Petronas Refinery and Petrochemical Integrated Development | Inflation growth | Asia | Department of Statistics Malaysia | Bernama | Mohd Redza Abdul Rahman | Consumer Price Index
The fate of Tadmax Resources Bhd’s RM3.5 billion power plant project in Pulau Indah has been decided, and it is a big no.
KUALA LUMPUR (Feb 18): The FBM KLCI erased most of its earlier gains in the morning session today, despite the firmer regional markets.
KUALA LUMPUR | FBM KLCI | Gainers | Donald Trump | Malaysia Bhd | Amway (M) Holdings Bhd | Volume | Sumatec Resources Bhd | Rapid Synergy Bhd | Bursa Malaysia Bhd | Lady Milk Industries Bhd | Kuala Lumpur Kepong Bhd | LPI Capital Bhd | Hong Leong Financial Group Bhd | British American Tobacco (M) Bhd | Fraser & Neave Holdings Bhd | Nestle (M) Bhd | New Hoong Fatt Holdings Bhd | Heineken Malaysia Bhd | Panasonic Manufacturing Malaysia Bhd | Eduspec Holdings Bhd | Bumi Armada Bhd | Sapura Energy Bhd | Borneo Oil Bhd | PUC Bhd | Iris Corp Bhd | EMA20d | Aeon Credit Service | Carlsberg Brewery | Volatility | US | Dutch | Southeast Asian | Beijing | Sino | Singaporean | Reuters | White House | China | Affin Hwang Capital Research
TSH says fire occurred at factory owned by subsidiary Ekowood at around 5 am today
KUALA LUMPUR (Feb 18): Malaysian palm oil prices are set to hold steady in 2019 at an average of RM2,303 (US$565) a tonne, according to estimates by the Malaysian Palm Oil Council (MPOC), while global...
KUALA LUMPUR (Feb 18): RHB Research Institute analyst Chiong Tong Chai upgraded the recommendation on Luxchem Corp Bhd to buy from neutral.
KUALA LUMPUR (Feb 18): Malaysia Airlines is offering great discounts via its Travelganza Deals with up to 25% off on airfares to all destinations on Malaysia Airlines’ network from today until Feb 2...
KUALA LUMPUR (Feb 18): Shares of British American Tobacco (M) Bhd (BAT) fell 1.48% this morning after CIMB IB Research downgraded the stock and said it was no longer affordable.
WASHINGTON, Feb 18 — The US Commerce Department sent a report yesterday to US President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from...
Compact Pipe® improves efficiency of water pipeline distribution networks
SINGAPORE (Feb 18): Palm oil is biased to break a resistance at RM2,285 per tonne and rise towards the next resistance at RM2,316. These resistances are identified as the 14.6% and the 7% retracements...
KUALA LUMPUR (Feb 18): Dewan Negara announced that it will form a Reform Working Committee to study various aspects of the institutions that require improvement.
KUALA LUMPUR | Tan Sri SA Vigneswaran | Dewan Negara | Legislature | Senate | Reform Working Committee | Mohd Yusmadi Mohd Yusoff | Government | Government | Parliament | House of Representatives | Datuk Seri Khairuddin Samad | Datuk Seri Ti Lian Ker | Andrian Banie Lasimbang | Parliamentary Service Act 1963 | Ismail Yusof | Datuk Theodore Douglas Lind | Datuk Dr | Datuk Paul Igai | Datuk Fahariyah Md Nordin | Datuk Mohd Suhaimi Abdullah | Ananthan Somasundaram | Asmak Husin | Nga Hock Cheh | Khairul Aswan Harun | Datuk Megat Zulkarnain Omardin
KUALA LUMPUR (Feb 18): The Malaysian Estate Owners Association (MEOA) says the World Health Organisation (WHO) must take some responsibility for the publication of a "deeply flawed and biased" anti-pa...
KUALA LUMPUR (Feb 18): Malaysians are losing patience and are starting to criticize the current government over its unfulfilled election promises, Prime Minister Tun Dr Mahathir Mohamad said in Kuala ...
KUALA LUMPUR, Feb 18 — Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) today launched RM2 billion special government guarantee scheme to help the small and medium enterprises (SMEs) leap towards I...
KUALA LUMPUR, Feb 18 — Shares on Bursa Malaysia remained higher at mid-morning today, lifted by gains in selected blue chips.
Bursa Malaysia | Shares | KUALA LUMPUR | FBM KLCI | Turnover | US | Dow Jones Industrial Average | Petronas Chemicals | FBM Emas Shariah Index | FBM Ace Index | Sapura Energy | Nasdaq Composite | Wall Street | S&P 500 | FBM 70 | Public Bank | Maybank | Plantation Index | Financial Services Index | Industrial Products and Services Index | Sectorwise | FBM Emas Index | FBMT 100 Index | Bernama | Eduspec | Borneo Oil
ADDIS ABABA, Feb 18 — On a bustling street near the shiny new international airport in Ethiopia's capital is a small coffee roastery with big dreams.
KUALA LUMPUR (Feb 18): Trading in the shares of Tadmax Resources Bhd was suspended from 9:00am today pending an announcement from the company.
KUALA LUMPUR (Feb 18): MIDF Amanah Investment Bank Bhd Research has downgraded Maxis Bhd to "sell" (from "neutral") with a lower target price of RM4.73 (previously RM5.67), on the back of lower-than-e...
SEREMBAN (Feb 18): Tolerance as practised by all Malaysians is the key to development and peace in the country, Prime Minister Tun Dr Mahathir Mohamad said.
KUALA LUMPUR (Feb 18): Malaysia kept its export duty on crude palm oil for March at 0%, according to a circular on the Malaysian Palm Oil Board's website on Monday that cited the national customs depa...
KUALA LUMPUR (Feb 18): Ringgit approaches its strongest level in more than six months as Brent crude extends gains and traders applaud signs of progress in US-China trade talks.
Ringgit | US | MYR | China | Brent | KUALA LUMPUR | Mohammed Bin Salman | Mahathir Mohamad | Roger Ng | Support | Dollar | Outlook | 1MDB | China Trade Talks 'Very Productive | Team Returns | Trump | EM | Fed | Mizuho Bank | Masakatsu Fukaya | AmBank | Presidents' Day | Tokyo | Philadelphia | Goldman Sachs | European Union | Saudi Arabia | Asian | Malaysians
KUALA LUMPUR (Feb 18): The FBM KLCI pared some of its gains at mid-morning today and appeared to be struggling to cross the 1,700 threshold.
KUALA LUMPUR | FBM KLCI | Gainers | Malaysia Bhd | Heineken Malaysia Bhd | Fraser & Neave Holdings Bhd | Volume | US | Hap Seng Consolidated Bhd | Time dotCom Bhd | Lady Milk Industries Bhd | KNM Group Bhd | Sumatec Resources Bhd | Sapura Energy Bhd | Borneo Oil Bhd | Eduspec Holdings Bhd | Bumi Armada Bhd | Iris Corp Bhd | LPI Capital Bhd | Riverview Rubber Estates Bhd | Carlsberg Brewery | China | EPS | Dutch | Asian | Sino | Washington | Aeon Credit Service | Hong Leong IB Research | Reuters | MSCI | Asia-Pacific | Japan | 1Q19 | S&P 500 | Dow | Trump | Fed
Tadmax securities trade suspended between 9am and 5pm today pending clarification on Edge Malaysia article
KUALA LUMPUR (Feb 18): Carlsberg Brewery Malaysia Bhd rose 5.66% this morning following a positive technical outlook on the stock.
NEW YORK, Feb 18 — The US-China trade war has dealt a glancing blow to American toys, hitting putty and arts and crafts items, while sparing superhero action figures, toy cars and most best-selling ...
KUALA LUMPUR, Feb 18 — Shares on Bursa Malaysia opened higher due to better buying demand across-the-board as market sentiment was lifted by strong gains in US stocks.
Bursa Malaysia | FBM KLCI | KUALA LUMPUR | Shares | US | S&P 500 | Washington | Public Investment Bank Bhd | Beijing | Dow Jones Industrial Average | FBM Ace Index | Financial Services Index | Maybank | Public Bank | FBM 70 | Tenaga | Nasdaq Composite | Chinese | Wall Street | Market breadth | Industrial Products and Services Index | Plantation Index | FBMT 100 | Sectorwise | FBM Emas Shariah Index | FBM Emas Index | Sapura Energy | Eduspec Holdings | Borneo Oil
KUALA LUMPUR: Trading in the shares of Tadmax Resources Bhd has been suspended for the duration of Monday trading as per the group's request, pending an announcement to clarify on a news article.
KUALA LUMPUR: Foreign funds turned net sellers on Bursa last week, snapping the five-week buying spree on Bursa.
KUALA LUMPUR: The ringgit was higher against the US dollar in early session today on better demand for the local note, said a dealer.
KUALA LUMPUR: Maxis Bhd shares are sitting marginally lower on Monday morning after announcing a lower earnings in the fourth quarter ended Dec 31, 2018.
KUALA LUMPUR (Feb 18): Axiata Group Bhd shares rose 1.27% this morning after the group decided to sell its 28.7% stake in Singapore-listed M1 Ltd to Keppel Corp Ltd and Singapore Press Holdings Ltd (S...
KUALA LUMPUR (Feb 18): Foreign funds withdrew RM369.2 million from Malaysian equity on Bursa Malaysia, compared to a net inflow of RM163.2 million the prior week, according to MIDF Amanah Investment B...
KUALA LUMPUR (Feb 18): The FBM KLCI ticked up in early trade this morning, tracking gains at regional markets, lifted by key index-linked stocks including Public Bank Bhd and Genting Bhd.
FBM KLCI | S&P 500 Index | Public Bank Bhd | Genting Bhd | KUALA LUMPUR | Shares | News | MISC Bhd | QL Resources Bhd | Malaysian Pacific Industries Bhd | Hong Leong Bank Bhd | Carlsberg Brewery Malaysia Bhd | Heineken Malaysia Bhd | Asian | APM Automotive Holdings Bhd | Aeon Credit Service | U.S. | Presidents' Day | China | Washington | Bloomberg | South Korea | Australia | Japan | Wall Street | Kenanga IB Research | SMAs | S1 | S2 | China
KUALA LUMPUR, Feb 18 — Europe, the world's second-biggest buyer of palm oil, is set to miss a 2020 target backed by about 10 countries, as well as big companies, to use 100-per cent sustainable supp...
KUALA LUMPUR: Shares of Luxchem Corp Bhd edged up this morning, despite announcing a lower net profit for the fourth quarter ended Dec 31, 2018.
SYDNEY: Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Feb 18.
KUALA LUMPUR (Feb 18): RHB Retail Research said Heineken Malaysia Bhd may move higher after it tested the RM20.68 support recently.
KUALA LUMPUR: Corporate earnings in Malaysia are expected to remain low in 2019, albeit slightly better than 2018, say analysts.
SINGAPORE, Feb 18 — The US dollar was marginally weaker today, as increasing expectations of a US-Sino trade deal led investors to shift away from the safety of the greenback into riskier assets.
SYDNEY, Feb 18 — Asian share markets firmed today as investors dared to hope for both progress at Sino-US trade talks in Washington this week and more policy stimulus from major central banks.
LONDON, Feb 18 — Britain is to set out plans to overhaul its recycling system today, including making plastic packaging producers pay the full cost of dealing with their waste and introducing a depo...
KUALA LUMPUR: JF Apex Research expects Axiata Group Bhd, Luxchem Corp Bhd, London Biscuits Bhd and APFT to see trading interest following its latest corporate news.
KUALA LUMPUR: PublicInvest research remains optimistic over London Biscuits Bhd following the announcement of another private placement exercise, given the strong growth anticipated in the potato chip segment coupled with the interest expense savings which it will help mitigate.
SINGAPORE: Oil prices rose to their highest levels in 2019 on Monday, lifted by OPEC-led supply cuts and by U.S. sanctions on Iran and Venezuela.
KUALA LUMPUR: Axiata Group Bhd's exit from M1 Ltd for RM1.65bil to Konnevtivity Pte Ltd will allow the group to make a profit and redeploy the capital to fund its capex.
KUALA LUMPUR: CIMB Equities Research is maintaining its Reduce call for Maxis Bhd and unchanged target price at RM5.10.
KUALA LUMPUR (Feb 18): Global sales of semiconductors surpassed one trillion units for the first time ever in 2018, according to the US-based Semiconductor Industry Association (SIA). In a startement ...
ISLAMABAD, Feb 18 — Crown Prince Mohammed bin Salman yesterday said Saudi Arabia has signed investment agreements worth US$20 billion (RM81.6 billion) during his high-profile visit to Pakistan, wher...
FRANKFURT, Feb 18 — Car imports from Europe do not endanger US national security, German car lobby the VDA said yesterday, echoing comments by Chancellor Angela Merkel a day earlier.
MOSCOW, Feb 18 — Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling unde...
MANILA: The Philippines’ tax agency is setting its sights on more than 50 companies operating online casinos catering to Chinese punters, and their thousands of Chinese workers.
SAN FRANCISCO: Uber Technologies Inc had US$50bil in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and global reach of the company as it prepares to woo investors in one of the biggest public stock listings to date.
TOKYO/HONG KONG: Japanese share buybacks have hit a record this fiscal year and are set to maintain the booming growth as cash-rich companies bow to pressure from investors and the government to boost returns and improve governance.
JAKARTA: Indonesia's two presidential candidates pledged on Sunday to achieve energy self-sufficiency by boosting the use of bioenergy, particularly fuelled by palm oil, to cut costly oil imports by Southeast Asia's biggest economy.
THANKS to the popularity of short-term rentals, the market has seen the increase in number of property management agencies over the past few years.
Policy needs to look into areas that will support the developmentof a strong network for SMEs
SINGAPORE: Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in today’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year.
PETALING JAYA: Australian-listed Lendlease, which is participating in a RM9bil mixed integrated development at the Tun Razak Exchange (TRX) project in Kuala Lumpur, is in talks with several developers to jointly develop other large-scale projects in the country.
Startup producing water from air as a sustainable alternative to bottled water
THE Bristol Wood Recycling Project (BWRP) built a solid business out of selling people used wood for their houses, but the 15-year-old shop has had trouble finding a permanent home of its own.
VIETNAM’S startup ecosystem has a lot of potential and can be a prime market for investment, but many say the quality of startup projects have not met the potential due to these firms’ lack of market-oriented policies and development experience.
Caregiving services platform aims to sign on 1,000 caregivers in three years
WHILE its products’ vintage designs are an ode to an ancient painting technique, local waxed canvas and leather goods manufacturer Gouache was established thanks to two modern business tools: crowdfunding and social media.
HOMEGROWN co-working space Common Ground is looking to further expand in the country with the opening of its venue in Penang.
A SOCIAL venture in Myanmar is boosting farm outputs with customised technologies and giving loans for seasonal migration to raise incomes in one of the world’s poorest countries.
SINGAPORE: The baht is looking to repeat its performance as one of Asia’s best currencies last year. Today’s growth data will shed light on a key pillar of its recent strength and may help it stay in pole position at least through the first quarter.
JAKARTA: Bank Indonesia (BI) is weighing the use of sukuk issued by other countries in its monetary operations as demand for syariah-compliant securities surge among lenders in the world’s largest Muslim-majority country.
DUBAI: When Saudi Arabia cut ties with Qatar in mid-2017, many international bankers chose to chase a potential fee windfall in Riyadh over doing deals with its rich but isolated neighbour.
Five months. That’s how long it takes Country Garden Holdings Co to start selling apartments after acquiring land. A spate of fatal accidents forced the Chinese builder to slow things down a notch last year, but the pace of construction may pick up again when robots start plastering the walls.
ISLAMABAD: Crown Prince Mohammed bin Salman on Sunday said Saudi Arabia has signed investment agreements worth US$20 billion during his high-profile visit to Pakistan, where tensions were flaring up with nuclear-armed rival India.
LONDON: U.S. hedge fund Tiger Global Management has sold its entire stake in Britain's Barclays Plc, the Financial Times reported on Sunday.
LONDON: The British government has decided it can mitigate the risks arising from the use of Huawei Technologies Co Ltd in 5G networks, the Financial Times reported on Sunday, citing two sources familiar with the conclusion of Britain's National Cyber Security Centre (NCSC).
KOTA KINABALU, Feb 17 — Sabah Deputy Chief Minister Datuk Seri Wilfred Madius Tangau says the state government has identified several investors from China and is planning a trade mission to the coun...
NEW YORK, Feb 17 — As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger erosion in profit marg...
ISKANDAR PUTERI, Feb 17 — Eco World Development Group Bhd (EcoWorld Malaysia) is set to introduce the country’s first robot guest registration and food delivery system in the third quarter of this...
MoU | ISKANDAR PUTERI | Eco World Development Group Bhd | Customers | EcoWorld Malaysia | Eco Nest | Dun-Qian | Datuk Chang Kim Wah | Liow Cai Tung | Sam Wu | Dun-Qian Intelligent Hotel Management Co Ltd of Taiwan | EcoWorld | Taiwan | Johor Women Development and Tourism Committee | Bernama | Malaysia
PUCHONG (Feb 17): Foreign Minister Datuk Saifuddin Abdullah will lead a group of Malaysian officials in negotiations for the revision of raw water prices sold to Singapore, said Tun Dr Mahathir Mohama...
BUTTERWORTH (Feb 17): The announcement of a favourable set of dividends for conventional and Shariah savings for 2018 by the Employees Provident Fund (EPF) on Saturday proves that the country's econom...
KUALA LUMPUR (Feb 17): Residents of several People’s Housing Projects (PPR) in the country will soon benefit from various Corporate Social Responsibility (CSR) initiatives by private sector companie...
DKN | CSR | PPR | Residents | National Community Policy | People's Housing Projects | KUALA LUMPUR | Mahathir Mohamad | Country Garden Pacificview Sdn Bhd | Subang Jaya Municipal Council | Dasar Komuniti Negara | Thanks | MKH Bhd | Mah Sing Group Bhd | OSK Property | Housing | B40 | PPRs | Sunsuria Bhd | UEM Sunrise Bhd | Sdn Bhd | PPRs | Gamuda Land | Sunway Group | Local Government Ministry | Henry Butcher Malaysia | Mont'Kiara | KPKT | Representatives | Community Carnival | Edgeprop.my | EdgeProp.my
KUALA LUMPUR (Feb 17): More than 5,000 people witnessed the official launch of Dasar Komuniti Negara (DKN) or the National Community Policy today at Padang Puchong Indah, Selangor by Prime Minister Tu...
DKN | Mahathir Mohamad | PPR | National Community Policy | Dasar Komuniti Negara | Padang Puchong Indah | Selangor | KUALA LUMPUR | Government | Zuraida Kamaruddin | National Housing Policy | Subang Jaya Municipal Council | Ministry of Housing and Local Government | EdgeProp.my | Program Perumahan Rakyat | B40 | Gamuda Land | Mah Sing Group Bhd | MKH Bhd | CSR | EdgeProp.my | OSK Property | Lembah Subang 2 | PPRs
KUALA LUMPUR, Feb 17 ― A high net foreign fund outflow of RM263.5 million was recorded between Monday to Thursday, a level last seen since the third week of December 2018, as investors recalibrated ...