Wed, 21 Aug 2019, 5:12 AM
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Topic: The Edge

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It was inevitable that an association would eventually come about, and the name suggested, so here it is – The Edge is reporting that the new national car project might see the involvement of Perodu...
Malaysiakini:
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MCA treasurer Lee Chee Leong today clarified that his party has no immediate plan to demolish and rebuild Wisma MCA.
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AIRASIA Group Bhd and its low-cost long-haul affiliate AirAsia X Bhd (AAX) have spent much of the past two years battling rising charges, and it is far from over as a new departure levy kicks in next ...
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DATUK Wira Boo Kuang Loon, CEO and executive director of Yong Tai Bhd, warns against being too optimistic.
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This article first appeared in The Edge Malaysia Weekly as "KTMB CEO said to be stepping down next month", on August 12, 2019 - August 18, 2019.
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PETROLIAM Nasional Bhd (Petronas) is understood to have aborted the award of a multibillion-ringgit integrated hook-up and commissioning (IHUC) contract, according to industry sources.
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KERETAPI Tanah Melayu Bhd (KTMB) CEO Mohd Rani Hisham Samsudin will be stepping down after two years at the helm when his current contract expires next month, sources say.
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ALTHOUGH much has been written about the corporate governance issues at Bank Pembangunan Malaysia Bhd (BPMB) by The Edge, it is not clear whether any action has been taken to address them.
Malaysiakini:
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The sovereign wealth fund Khazanah Nasional Bhd has injected another RM300 million into Malaysia Airlines Bhd via its holding company Malaysia Aviation Group Bhd (MAG), according to a report, bringing...
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THE widely expected 25 basis points (bps) rate cut by the US Federal Reserve last month pretty much confirmed that low interest rates are here to stay.
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WHILE talk of a third national car has intensified, one vehicle that clearly needs a jumpstart is the stock market and its benchmark index, the FBM KLCI.
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AMID the escalating China-US trade — and now currency — war, economists caution that the ringgit will suffer some collateral damage.
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Genting Malaysia Bhd has come out to defend its purchase of a 35% stake (fully diluted) in Empire Resorts Inc, a financially troubled US casino, from Kien Huat Realty III Ltd, which is left with an es...
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In the late 1980s, Mr and Mrs Koh, who were then in their mid-30s and had two young children, decided to buy a terraced home with a nice lawn.
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KUALA LUMPUR: Malaysia’s economy has grown at a compound rate of 4.7% in the past 10 years.
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KUALA LUMPUR (Aug 17): Stock Exchange of Thailand-listed Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust (SHREIT) has decided to “back out of a deal to acquire t...
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IN the late 1980s, Mr and Mrs Koh, who were then in their mid-30s and had two young children, decided to buy a terraced home with a nice lawn.
The Edge Markets:
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IN the late 1980s, Mr and Mrs Koh, who were then in their mid-30s and had two young children, decided to buy a terraced home with a nice lawn.
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THE country may have seen a historical change in government and made major inroads on political and institutional reforms, but the high cost of living remains a legacy issue that policymakers in neith...
Free Malaysia Today:
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KUALA LUMPUR: The High Court here awarded an additional RM500,000 in damages to newspaper publisher, The Edge Communications Sdn Bhd, over the previous government’s decision to suspend them for repo...
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KUALA LUMPUR (Aug 14): The High Court here has today agreed to award an additional RM500,000 in exemplary damages — in addition to its deputy registrar's earlier decision to award RM11.26 million in...
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KUALA LUMPUR (Aug 14): The prosecution in the Datuk Seri Najib Razak SRC International Sdn Bhd case is expected to complete the examination-in-chief of Malaysian Anti-Corruption Commission investigati...
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MSM Malaysia Holdings Bhd has been hit by headwinds in recent times.
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KUALA LUMPUR (Aug 13): Today marks the beginning of what is likely to be the final week of the prosecution's case for Datuk Seri Najib Razak's SRC International Sdn Bhd trial at the High Court here, a...
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WHERE are the pockets of opportunities in the midst of a fast-changing and challenging operating landscape and how is Citi positioning itself in this “perfect storm”?
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KUALA LUMPUR (Aug 13): Today marks the beginning of what is likely to be the final week of the prosecution's case for Datuk Seri Najib Razak's SRC International Sdn Bhd trial at the High Court here, a...
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KUALA LUMPUR, Aug 13 — Bank Negara Malaysia is unlikely to follow other central banks in the region in lowering interest rates as a response to the ongoing US-China tariff war, according to finance ...
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MALAYSIA Airlines Bhd has set its sights on joint ventures (JVs) as a way forward to improve its financial situation, says an industry source close to the matter, as it grapples with overcapacity, hig...
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THE Tokio Marine group’s move to acquire RHB Insurance Bhd (RHBI) is a prelude to the Japanese insurer paring down its shareholding in its Malaysian insurance business, sources say.
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ALLIANCE Bank Malaysia Bhd is looking to expand its unsecured loan portfolio, in partnership with Credit Guarantee Corp Malaysia Bhd (CGC), with an additional tranche of lending, industry sources say.
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PETALING JAYA: Najib Razak has urged Youth and Sports Minister Syed Saddiq Syed Abdul Rahman to “use his brains a bit” when claiming that cash-strapped Umno had raised more than RM2 billion throug...
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PETALING JAYA: Malaysia has failed because the government, through the education ministry, has not gotten its priorities right in focusing its efforts on the fourth Industrial Revolution (IR 4.0), say...
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KUALA LUMPUR (Aug 10): A lack of understanding of the tourism industry has “devastated” Yong Tai, CEO and executive director Datuk Wira Boo Kuang Loon told The Edge Malaysia.
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KUALA LUMPUR (Aug 10): Yayasan Wilayah Persekutuan (YWP) will move away from property-related ventures “once the jobs in hand are completed”.
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KUALA LUMPUR, Aug 10 — Malaysia needs a new definition of delinquent loans, former finance minister Tun Daim Zainuddin said today.
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KUALA LUMPUR, Aug 10 — Rather than worry about the effects of its two top warring trade partners on the global economy, Tun Daim Zainuddin said Malaysia should look for the silver lining in the Chin...
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KUALA LUMPUR, Aug 10 ― Malaysia is trailing other countries in the digitisation of industries due to the Education Ministry’s misplaced priorities, Tun Daim Zainuddin wrote today.
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KUALA LUMPUR (Aug 10): Should the government do business and chase profit in the name of helping the poor?
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KUALA LUMPUR (Aug 9): The prosecution in Datuk Seri Najib Razak's criminal breach of trust, abuse of power and money laundering case involving RM42 million from SRC International Sdn Bhd funds at the ...
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BACK in the 1960s, a menteri besar and a very popular state assemblyman from his own party were embroiled in a political spat.
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AFTER years of being a Malaysia-focused bank, the AmBank group is considering venturing into the regional markets via digital banking.
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THE AmBank group has recently come under the media glare, as former staff testify in the ongoing trial of former prime minister Datuk Seri Najib Tun Razak in relation to misappropriation of funds at S...
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AMMB Holdings Bhd’s group CEO Datuk Sulaiman Mohd Tahir can perhaps finally catch his breath, having now made notable progress in his four-year “Top 4” plan to put the group on a stronger and mo...
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PETALING JAYA: The Malaysian Aviation Commission (Mavcom) has been urged to act against airlines which continue charging processing fees despite the directive to cease doing so in June.
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A court-convened meeting of Barakah Offshore Petroleum Bhd’s creditors this Wednesday is likely to be in the cross hairs of investors.
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MEDIA Prima Bhd is moving its operations out of Sri Pentas in Bandar Utama, according to sources.
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AFTER a false start, China-based edible oil producer XingHe Holdings Bhd will finally be embarking on its first venture outside the Chinese mainland by acquiring a prawn farm in Tawau, Sabah, for RM10...
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My EG Services Bhd (MyEG) yesterday denied that neither Umno nor its proxies have a substantial stake in the company, declaring such claims as "entirely erroneous, speculative and baseless".
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Click to enlarge Here’s one of the proposals for Malaysia’s New National Car Project (NNCP) – the Mimco Alif by Alam Perkasa Consortium (APC). Alif’s the model name and Mimco stands for the ...
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PRASARANA Malaysia Bhd is understood to be looking at impairments in excess of RM30 billion in its accounts for the financial year 2018, sources familiar with the matter tell The Edge.
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KUALA LUMPUR (Aug 5): My EG Services Bhd (MyEG) today denied that neither Umno nor its proxies have a substantial stake in the company, saying such claims are "entirely erroneous, speculative and base...
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(吉隆坡5日讯)我国出现历史性的政府更迭,并正在进行政治和体制改革,惟居高不下的生活成本仍然是前朝和现任政府无法解决的问题。 为什么这个...
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KUALA LUMPUR: Change is on the agenda for both the country and companies alike, whether it is turning one’s company into a purpose-driven organisation, keeping up with the Joneses in terms of techno...
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KUALA LUMPUR, Aug 3 — Umno has generated nearly RM2 billion this year through the sale of shares or proxy stakes in four public-listed company, according to a news report.
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KUALA LUMPUR (Aug 3): The country may have had a historical change in government and is making inroads into political and institutional reforms, but the persistent high cost of living remains an issue...
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HONG KONG-based Dairy Farm International Holdings Ltd, the largest supermarket/hypermarket operator in Malaysia by stores, has closed at least six outlets so far this year, adding to the many it has s...
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You may remember on Monday we ran the news that the Alam Perkasa Consortium (APC) was apparently one of the bidders for the New National Car Project (NNCP), with its planned carmaker, the Malaysian In...
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LOSS-MAKING Perak Corp Bhd is mulling over a plan to dispose of its 51% stake in Animation Theme Park Sdn Bhd (ATP), the operator of the floundering Movie Animation Park Studios (MAPS), according to s...
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IS there enough room in Malaysia for a third national car project?
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THE multibillion-ringgit Integrated Immigration System (IIS) tender — which commenced in mid-May and is slated to close on Aug 19 — is likely to be awarded to a single company, a source from the M...
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WHETHER RM20 billion in private investments to build Southeast Asia’s first bio-industry hub in Sabah will materialise hinges on the result of a judicial review next month by the Kota Kinabalu High ...
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BANK Muamalat Malaysia Bhd CEO Datuk Mohd Redza Shah Abdul Wahid will be leaving the bank at the end of October after 11 years at the helm, sources say.
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TRANSFORMATION is not a new word for Pos Malaysia Bhd.
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Italdesign Parcour, designed by Giorgetto Giugiaro The government is due to reveal its partner for its New National Car Project (NNCP), and we’ve just learnt the identity of one of the bidders.
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SURIA Capital Holdings Bhd, whose majority shareholder is the Sabah government, is in talks to sell a stake in its wholly-owned subsidiary Sabah Ports Sdn Bhd, sources say.
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TRANSMILE Group Bhd’s board has decided to drop the civil suit against its former CEO Gan Boon Aun and former chief financial officer Lo Chok Ping for failing in their duties towards the company due...
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(吉隆坡29日讯)大马银行集团(AMMB Holdings Bhd)集团总执行长Datuk Sulaiman Tahir为期四年的“Top 4”计划取得显着进展,使集团走上了更强大且更可持续的...
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KUALA LUMPUR (July 27): AMMB Holdings Bhd’s group CEO Datuk Sulaiman Tahir can perhaps finally catch his breath, having now made notable progress in his four-year ‘Top 4’ plan to put the group o...
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PETALING JAYA (July 27): Stocks of developers “have been underperforming the market and almost all are now trading at discounts of more than 50% to their book value”, reported The Edge Malaysia in...
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KUALA LUMPUR, July 27 ― Datuk Seri Najib Razak's ongoing corruption trial over alleged crimes committed using AmBank accounts has not affected the bank's business, its CEO said.
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PETALING JAYA (July 27): Using information from the National Property Information Centre (Napic) and Bank Negara Malaysia, The Edge Malaysia reported in its latest issue that home prices in Kuala Lump...
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SINCE it started operations two years ago, GrabFood has expanded to 204 cities from just two, and is now in six countries.
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MUCH has already been said about university students surviving on one meal a day, but their hardship is just one factor in the fallout for public universities due to sharply shrinking budgets.
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IF we take the number of initial public offerings (IPOs) as a benchmark for the vibrancy of the equity market, many would agree that it has been rather lacklustre for several years now.
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FOR a state that is home to most of Malaysia’s national parks, Sarawak’s tourism has been underperforming recently.
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AS the saying goes, one man’s trash is another man’s treasure.
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SCICOM (MSC) Bhd is hopeful of winning a contract to track foreign workers in Malaysia soon.
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PERMODALAN Nasional Bhd (PNB) has placed Menara MIDF in Jalan Raja Chulan, Kuala Lumpur, up for sale.
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IN a rare move, Bank Negara Malaysia has allowed merger talks between two lenders to go on beyond six months — a development analysts say may signal that the central bank is keen to facilitate banki...
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FREIGHT Management Holdings Bhd plans to exit the marine transport business, which has been a drag on its performance in the past few years.
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VETERAN investment banker Datuk Maimoonah Hussain will be retiring from Affin Hwang Capital later this year after 13 years with the Affin group, say sources.
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MALAYSIA Airlines Bhd’s new long-term business plan (LTBP), which is still awaiting approval from the Khazanah Nasional Bhd board of directors, would see the national carrier achieve financial break...
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Bermaz Auto, the official distributor for Mazda cars in Malaysia, is set to introduce the CX-8, updated CX-5 turbo, and the CX-30. According to a report by The Edge, all three SUVs will be locally ass...
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KUALA LUMPUR: The share prices of e-government service providers Scicom (MSC) Bhd, Iris Corp Bhd and HeiTech Padu Bhd — reportedly the front runners for Putrajaya’s multibillion-ringgit Integrated...
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THE last few months have seen the founders of KSL Holdings Bhd acquiring more shares in the Johor-based property developer, at a time when its share price can be considered rather depressed.
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AFTER five years and multiple suits, the Genting family feud is finally set to end amicably.
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IT has been two years since Bursa Malaysia introduced the Leading Entrepreneur Accelerator Platform — better known as the LEAP Market — as an alternative capital-raising platform for small and med...
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KUALA LUMPUR: Equities is expected to outperform against the backdrop of a slower economic growth and looser monetary policy environment.
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KUALA LUMPUR (July 20): Perak Corp Bhd is “mulling” a plan to dispose of its 51% stake in Animation Theme Sdn Bhd (ATP), The Edge Malaysia reported in its latest issue.
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KUALA LUMPUR (July 20): Hong Kong-based Dairy Farm International Holdings Ltd has shut down at least six Giant and Cold Storage outlets of so far this year, reported The Edge Malaysia in its latest is...
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The Penang division of the Malaysian Trades Union Congress (MTUC) has expressed shock that the very bastion of justice for labour issues, the Industrial Court, allegedly abdicated its jurisdiction to ...
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IN the last week of June, a high-level defence ministry delegation led by Minister of Defence Mohamad Sabu visited the Boustead Naval Shipyard in Lumut, Perak, to inspect the littoral combat ships (LC...
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LAST Thursday, shares of Boustead Heavy Industries Corp Bhd (BHIC) closed at RM1.26. The stock has remained below the RM1.40 threshold — lows unseen for at least five years — for about 11 months.
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EVERY few years, market talk comes up that businessman Tan Sri Syed Mokhtar Albukhary’s debt and that of his companies are piling up and spiralling out of control.
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CONTENT sharing between Malaysia’s oldest Malay daily Utusan Malaysia and English newspaper The Malaysian Reserve is expected to commence soon, a source familiar with the two media companies tells T...
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KUALA LUMPUR, July 18 — Budget airline giant AirAsia Group Berhad was today ordered by the High Court to pay Malaysia Airports (Sepang) Sdn Bhd (MASSB) at least RM40.6 million owed in arrears of the...
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BRITISH retailer Tesco Stores (M) Sdn Bhd, the country’s leading hypermarket and superstore operator with 59 outlets, is set to open its first supermarket here as the government has relaxed its rule...
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AXIATA Group’s integrated digital advertising business — analytics. data. advertising. (ada) — plans to shake up the advertising industry using tech data and business model innovation.