The allocations that the government has agreed to consider extending to elected representatives from the opposition are subject to terms and conditions, said DAP Parliament chief whip Nga Kor Ming.

Nga: Proposed allocations for opposition reps conditional

The demands for allocations by opposition Members of Parliament will be discussed in the Unity Government Leadership Council meeting next Wednesday.

Unity govt to discuss allocations for opposition on Wednesday, says Fadillah

The Dewan Negara's first meeting of the third session of the 15th Parliament concluded on Thursday after a three-week sitting since March 18, which saw the approval of 17 Bills.

Dewan Negara meeting ends after passing 17 Bills

The Dewan Negara on Thursday passed the Environmental Quality (Amendment) Bill 2023 and the Licensed Land Surveyors (Amendment) Bill 2024.

The Bill to amend the Environmental Quality Act 1974 (Act 127) was approved by more than 17 votes in favour after 17 senators took part in the debate.

Dewan Negara passes two environment-related Bills

A total of 823 companies have signed bank guarantee agreements with the Ministry of Health (MOH) as of February to enable their foreign workers to gain access to medical facilities at MOH clinics and hospitals.

MOH sign bank guarantee agreements with 823 companies

The Ministry of Investment, Trade and Industry (Miti), through its agencies, is working with the Ministry of Entrepreneur and Cooperatives Development to address the issue of Bumiputera companies’ low participation in the manufacturing sector.

Ministries in joint effort to address low participation of Bumiputera firms in manufacturing, says Zafrul

The government does not consider it suitable to impose capital gains tax on the disposal of shares of listed companies at this time, said Deputy Finance Minister Lim Hui Ying.

"The approach is taken to ensure that the local stock exchange can continue to be competitive," she said when winding up the debate on the Income Tax Bill (Amendment) 2024 in the Dewan Negara on Wednesday.

Not the right time to impose capital gains tax on disposal of shares

The money services business (MSB) handled a total of RM74 billion in transactions last year, said Deputy Finance Minister Lim Hui Ying.

"As of Dec 31, 2023, there are 259 licensed MSB companies that offer conversion, delivery and wholesale currency services through more than 2,900 licensed premises and agents nationwide," she said when winding up the debate on the Money Services Business Bill (Amendment) 2024 in the Dewan Negara on Wednesday.

Money services business handled RM74 bil in transactions in 2023 — deputy finance minister

The Dewan Negara has passed the Unclaimed Moneys (Amendment) Bill 2024.

The Bill, presented by Deputy Finance Minister Lim Hui Ying, was unanimously approved after being deliberated by nine senators.

Dewan Negara passes amendment to Unclaimed Moneys Act 1965

The local iron and steel industry is facing major challenges resulting from the lack of activities in China’s construction sector, Deputy Investment, Trade and Industry Minister Liew Chin Tong said.

Local iron and steel industry affected by China's construction sector, says Liew

KUALA LUMPUR (April 3): There is no need for the private sector to operate the Malaysian Vocational Certificate (SVM) programme to meet the needs now, said Deputy Education Minister Wong Kah Woh.

He said this is because the Ministry of Education (MOE) has a comprehensive plan to expand ...

No need for private sector to handle Malaysian Vocational Certificate programme — MOE

The Ministry of Defence is in the midst of completing the policy paper to strengthen the country's defence industry and explore new areas in defence, including cybersecurity, the Dewan Negara was told on Wednesday.

Ministry in midst of completing policy paper to strengthen defence industry — Adly

The authorities will investigate Malaysian citizens who have been rescued from job offer scams to ensure they are indeed victims, not syndicate masterminds.

Govt to probe rescued job scam victims to ensure they are not syndicate masterminds, says Tok Mat

The Malaysian Investment Development Authority (Mida) had approved 4,230 green technology projects worth RM41 billion as of 2023, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Mida approved 4,230 green tech projects worth RM41b as of 2023, Dewan Negara told

LONDON (April 26): One fixture lurking like a troll in Arsenal's Premier League title run-in has probably consumed the thoughts of the club's fans more than any other -- Sunday's short trip to arch-rivals Tottenham Hotspur.

Like all big city derbies, pride and bragging rights are always...

Arsenal face derby test with title up for grabs

(April 26): Foreign states are using UK universities to “steal advantage” by covertly acquiring British intellectual property, the government warned, saying it would explore proposals to protect cutting-edge research and technology.

After an internal review found other countries are tar...

UK warns universities about research threat from foreign states

(April 26): The Tesla Inc. shareholder who won a court order in Delaware killing co-founder Elon Musk’s US$56 billion pay package is premature in asking the judge to bar the billionaire from moving the executive-compensation dispute to Texas, the car company’s lawyers argue.

Tesla inves...

Tesla fires back at investor who doesn’t want pay fight in Texas

(April 26): Former President Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging markets to reduce exposure to the US currency, according to people familiar with the matter....

Trump advisers discuss penalties for nations that move away from the dollar

NEW YORK/LONDON (April 26): Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan's yen sank through 155 per dollar for the first time since 1990.

Tepid U.S. GDP data pushed Wall Street...

Equities fall amid earnings gloom, as persistent inflation lifts Treasury yields

(April 26): Boeing's credit rating faced pressure for a second time this week as S&P brought the company one step closer to a junk rating on Thursday after a January mid-air blowout of a cabin panel led the planemaker to slow production of its best-selling jet.

The rating agency cha...

S&P slashes Boeing credit outlook as rating hovers above junk status

WASHINGTON (April 26): The Federal Communications Commission said on Thursday it is ordering the U.S. units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the United States.

The FCC said it was requiring the Chinese carrie...

Agency bars Chinese telecom carriers from offering US broadband services

NEW YORK (April 26): Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms META.O.

Data on...

Wall Street stocks fall as weak GDP growth spreads rate-cut gloom

(April 26): Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, cheering investors who sent the stock surging nearly 16% after the bell.

The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals ...

Google parent Alphabet announces first-ever dividend, shares soar

BRIGHTON, England (April 26): Phil Foden struck twice as Manchester City stepped up their bid for a fourth Premier League crown in a row with a ruthless 4-0 victory at Brighton & Hove Albion on Thursday.

A day after Liverpool's title challenge suffered a huge blow with a 2-0 defeat ...

Man City humble Brighton to keep pressure on Arsenal

Chin Teck Plantations Bhd’s net profit surged sevenfold for the financial quarter ended Feb 29, 2024 (2QFY2024) thanks to higher palm oil production as well as lower operating and administrative expenses.

Chin Teck’s 2Q net profit up sevenfold

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:

AirAsia X, Capital A, ViTrox, PavREIT, Luxchem, Chin Teck, MKHOP, TAS Offshore, Inta Bina, Heineken, Pantech and Infoline Tec 

Pavilion Real Estate Investment Trust (PavREIT) reported that its first quarter net property income (NPI) jumped 33.2% year-on-year, thanks largely to contribution from its newly acquired mall, Pavilion Bukit Jalil. The increase was also attributed to higher occupancy rates and higher revenue rent from its other retail malls.

PavREIT’s 1Q NPI jumps 33%, pays 2.48 sen distribution per unit

The Malaysian Anti-Corruption Commission (MACC) has served a senior police officer arrested on suspicion of protecting an illegal syndicate in the country's capital a notice to declare his assets before April 28.

Senior police officer arrested for alleged corruption given until April 28 to declare assets to MACC

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EVENING 5: Five things you need to know today

US economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Federal Reserve would not cut interest rates before September.

US economic growth slows more than expected in first quarter

TAS Offshore Bhd’s net profit has leapt by nine-fold year-on-year for the financial quarter ended Feb 29, 2024 (3QFY2024) due to more vessels delivered.

TAS Offshore’s 3Q net profit up nine-fold, shares surge to eight-year high

NEW YORK (April 26): Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms META.O.

Data on...

US economic growth for the first quarter could be revised higher and inflation will ease to more normal levels, Treasury Secretary Janet Yellen told Reuters on Thursday after a clutch of "peculiar" factors held the economy to its weakest showing in nearly two years.

US growth may get revised up, inflation will ebb

Hulu Selangor Bersatu action division head has been named as Perikatan Nasional's (PN) candidate for the Kuala Kubu Baharu (KKB) state by-election on May 11.

PN names Hulu Selangor Bersatu acting division head as candidate for KKB by-election

Harvey Weinstein's 2020 conviction for sexual assault and rape was overturned by New York's highest court, reopening the landmark case that fuelled the #MeToo movement and highlighting the challenges of holding powerful men accountable.

Harvey Weinstein's rape conviction overturned by top New York court

Prime Minister Datuk Seri Anwar Ibrahim on Thursday gave assurance that the revised Public Service Remuneration System (SSPA), which will be announced soon, will be the best ever introduced in the country.

Revised public service remuneration system will be the best ever introduced — Anwar

As part of its continuing quest to add long-haul destinations to its routes over the long term, AirAsia X is exploring possible destinations in Eastern European countries such as Poland and Hungary, and the airline is not ruling out revisiting London and exercising its landing rights to Orlando in the United States.

AirAsia X mulls flying to Poland, Hungary, London and Orlando

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives hit a two-month low on Thursday, due to weaker soybean oil futures on the Chicago Board of Trade (CBOT), said a dealer.

Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the market sentiment was also weighed down by the Dalian Commodity Exchange’s refined, bleached, and deodorised palm olein during Asian trading hours.

CPO futures hit two-month low at the close, in line with weaker rival oils

Infoline Tec Group Bhd has proposed to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia as it has met the profit requirements for the transfer.

Infoline Tec seeks transfer from ACE Market to Main Market

EUPE Corp Bhd's net profit surged by 28.9% to RM14.54 million in the fourth quarter ended Feb 29, 2024 (4QFY2024) from RM11.28 million a year ago, underpinned by a higher contribution from the property development division.

EUPE Corp net profit surges 28.9% in 4Q, driven by strong property sales

Al-’Aqar Healthcare Real Estate Investment Trust (Al-’Aqar REIT) is actively targeting to acquire yield-accretive properties from KPJ Healthcare Bhd as part of its asset expansion plan.

The proposed exercise will be funded through a combination of unit issuance and cash via bank borrowings, it said in a filing with Bursa Malaysia on Thursday.

Al-`Aqar Healthcare REIT aims to acquire yield-accretive properties from KPJ Healthcare

Heineken Malaysia Bhd announced on Thursday that it has nominated Martijn Rene van Keulen as its new managing director (MD).

Heineken nominates Martijn Rene van Keulen as new MD to succeed Roland Bala

Malaysia nevers forget the sacrifices Australian and New Zealand heroes made during the World War II particularly in Sandakan and the lessons of history will be carried forward to the new generation.

Malaysia never forgets sacrifices of Australian, New Zealand war heroes in Sandakan

（吉隆坡25日讯）将接管壹必投集团（Capital A Bhd）航空业务的亚航长程（AirAsia X Bhd），周四公布了收购计划的细节。

Parliament

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