Topic: September 2017
Six more JPJ officers charged
BUTTERWORTH: Another six enforcement officers from the Road Transport Department (JPJ) and the now defunct Land Public Transport Commission (SPAD) have been charged in the Special Session Court here with corruption, making it 12 in two days.
JPJ officers face graft charges
BUTTERWORTH: Six enforcement officers – five from the Road Transport Department (JPJ) and another from the now-defunct Land Public Transport Commission (SPAD) – have been charged at the Special Sessions Court for corruption.
Malaysia’s IPI advances 4% in May
KUALA LUMPUR: Malaysia’s industrial production index in May rose 4% year-on-year which was above the Bloomberg survey of 3.5%, underpinned by electricity, manufacturing and mining.
Penang Hill bungalows for rent soon
GEORGE TOWN: Holidaymakers with a penchant for old world charm can head to Penang Hill where two heritage buildings will be available for rent by the end of October.
Chance to camp under the stars on Penang Hill
GEORGE TOWN: Penang Hill, the oldest hill station in the country, will be able to accommodate more overnight visitors from October with the opening of Hillside Retreat, which can take in 80 guests.
MIDF: Malaysia's IPI to improve further in 2H19
KUALA LUMPUR (July 12): Following better-than-expected growth of 4% in May, Malaysia's industrial production index (IPI) is expected to improve further during the second half of 2019 (2H19), according...
Emerging central banks keep cutting rates
LONDON: Emerging market central banks accelerated interest rate cuts in June, with policymakers rushing to trim benchmarks as major central banks including the U.S. Federal Reserve and the European Central Bank adopted a more dovish tone.
Decision day for JF Apex-Mercury merger
THIS Wednesday, shareholders of Apex Equity Holdings Bhd will hopefully have their questions on the many headline-making developments involving the group answered at an extraordinary general meeting (...
Asian stocks subdued
TOKYO: Asian stocks stuttered on Thursday, dogged by the uncertainty over an intractable U.S.-China trade dispute, while oil prices flirted with five-month lows thanks to higher U.S. crude inventories and a bleaker demand outlook.
April industrial output exceeds forecast
KUALA LUMPUR: Malaysia's industrial product index (IPI) in April 2019 expanded at a faster pace of 4% from a year ago, exceeding the Bloomberg forecast of a 2.5% growth, according to the Statistics Department.
Tough terrain for Malaysia's tourism industry
This article first appeared as 'Tough terrain for tourism' in the May 27, 209, 2019 issue of The Edge Malaysia In 2016, an Indian national’s 8 days/7 nights holiday to Malaysia with his wife, parent...
Asian shares edge up but growth worries cap gains
SHANGHAI, June 4 ― Shares in Asia inched higher and safe-haven assets gave up some overnight gains yesterday, as investors paused for breath after a volatile Wall Street session, but deeper concerns...
Nasdaq confirms correction, bond yields fall further
NEW YORK: The Nasdaq confirmed it was in a correction on Monday as stocks extended their recent sell-off, and the continued flight to safe-haven assets pushed 10-year U.S. Treasury yields to their lowest since September 2017.
US stocks fall as trade concerns spark growth fears
NEW YORK: US stocks fell on Wednesday, with the S&P 500 and Nasdaq closing just above key support levels, as worries that a lengthy U.S.-China trade war would crimp global growth pushed investors into the safety of government bonds.
Water debts written off
PUTRAJAYA: The Federal Government will be writing off outstanding water debts of states, amounting to RM3.8bil incurred between 2001 and 2018, says Prime Minister Tun Dr Mahathir Mohamad.
Emulate Melaka's development — King
ALOR GAJAH (May 17): Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah said today that all states, especially Pahang, should emulate the development showcased by Melaka fo...
Oracle Malaysia launches cloud solution hub
COMPANIES across Asia Pacific will soon find it easier to access the latest offerings in the Oracle Cloud as a result of the newly launched Oracle Cloud Solution Hub in Kuala Lumpur.
7.5 Degree secures seed funding from East Ventures
7.5 DEGREE, a Southeast Asian New Economy Information and Service Platform, announced on May 8 that it has secured an undisclosed amount of seed funding from East Ventures, an early-stage venture fund...
DOF never issues sea licences to foreigners
PUTRAJAYA: The Department of Fisheries Malaysia (DOF) has never issued any deep sea licence to be given, rented or leased to foreigners, its director-general Datuk Munir Mohd Nawi said.
Ikea opens city-centre concept store in Paris
PARIS, May 6 — Ikea opened a new city-centre concept store in Paris today as the Swedish furniture giant tries a new strategy for winning over urban consumers that will be rolled out internationally...
Hamilton Lane warned about Abraaj
LONDON: Five months before the events that led to the collapse of Abraaj Group, the biggest in private equity history, one of the firm’s investors was warned about putting more money in, according to an email chain reviewed by Bloomberg News.
Oil price drops nearly 3% on oversupply worries
NEW YORK: Oil plunged Thursday, with U.S. crude dropping almost 3 percent as the market grappled with oversupply fears as increased U.S. sanctions on Iran had more gradual impact than expected and U.S. crude oil inventories rose sharply.
Oil caught between pillar and post as US output hits record
SINGAPORE: Oil prices were caught between opposing forces on Thursday, squeezed by record U.S. crude oil output and surging stockpiles, but supported by global market tensions as all exemptions to U.S. sanctions on Iran expired, Venezuela's crisis escalated, and producer club OPEC withheld supply.
173 abusers put behind bars
EXCLUSIVE:PETALING JAYA: A total of 173 child sexual abusers have been put behind bars by the special court handling sexual crimes against children since it was set up nearly two years ago.
KLCI notches up limited gains
KUALA LUMPUR (April 19): The FBM KLCI notched up limited gains at mid-morning today, tracking the modest rise at regional markets.
KLCI dips marginally as Public Bank, Axiata drag
KUALA LUMPUR (April 19): The FBM KLCI erased its meagre gains and retreated this morning, weighed by select index-linked stocks including Public Bank Bhd and Axiata Group Bhd, while regional markets s...