The Toyota Eco Youth (TEY) 2022/2023 edition concluded today on a high note with the Ministry of Education Malaysia (MOE) and UMW Toyota Motor representatives attending the closing ceremony and exhibition at Concorde Hotel, Shah Alam. Themed ‘Championing Mobility’, the TEY programme targeted at secondary school students is among UMW Toyota Motor’s ongoing efforts to cultivate awareness and a sense of responsibility for people and the planet by encouraging the youth to take climate action through the development of sustainable innovations.

Toyota Eco Youth Participants Champion Mobility For All Through Sustainable Innovations

To us, every child is different. At Epsom, we take our responsibility as educators and mentors to nurture and guide each and every child to reach their full potential in their academic journey and beyond.

The Epsom Advantage

Less than a year ago, the global investment environment was awash with positive sentiment.  Technology stocks were the darlings of the fund management industry, and seemingly everyone wanted a piece of premium tech equity. Malaysia’s own stock market was rosy; for a while in the 2017 investm...

The importance of having goals

THE proof of the pudding lies in the eating, so goes the old saying and this is especially true in the case of Universiti Teknologi PETRONAS’ Research, Innovation and Commercialisation (RIC) Unit.

UTP’S RIC rakes in RM109mil in 2022

Inspiration comes in many shapes and forms. For renowned Scotch whisky maker The Macallan, it has consistently raised the bar with new whisky expressions inspired by elements from far beyond the world of Scotch whiskies. Its latest expressions may well be among the most unique as they take inspiration from the world of coffee.

The worlds of coffee and single malt whiskies come together in The Macallan Harmony Collection

If you have been a parent who had to find accommodation in London or elsewhere in the UK in recent months, you would find the competition fierce and rents hitting all time high as demand far outstrips supply.

An Opportunistic UK Property Market Ahead?

Since commencing operations as a construction company in 1974, Low Yat Group has grown in leaps and bounds. The group is popularly known for developing Malaysia's first international hotel, The Federal Hotel in Bukit Bintang, back in 1957 as well as Plaza Low Yat, which was recognised as the country's largest IT lifestyle centre by the Malaysia Book of Records in 2009.

Low Yat Group offers exclusive homes at BTP with Amaya

2022 was an unforgiving year for the markets as the effects of the Covid-19 pandemic lingered, geopolitical tensions reared their head and inflation spiked around the world, followed by an aggressive tightening campaign by the US Federal Reserve and other central banks.

Hop into abundance this Year of the Rabbit

Philip Morris Malaysia (PMM) has redesigned its environmental, social, and governance (ESG) framework recognizing two distinct forms of issues: Those that relate to our products (what we produce), and those related to our business operations (how we produce).

Transforming for good

OCBC Premier Banking aims to deliver banking services through not only conventional platforms but also across a diverse range of digital channels so clients can have the flexibility to choose the way they want to do banking. The multichannel experience marks the beginning of a refreshed suite of OCBC Premier Banking propositions, developed based on insights gained from clients.

The Multichannel Experience of OCBC Premier Banking

Various industry commentators have hailed 5G as a true game changer, one that will transform the way we live and do business. Cloud robotics and autonomous vehicles aside, much of the hype around 5G has centred on mobile connectivity for consumers, with the promise of lightning-fast network speeds at ultra-low latency.

Beyond the hype, here's how 5G will herald a new era of innovative growth for Malaysia

Lo-hei is a fun, festive activity for the Lunar New Year. This vibrant custom involves the communal tossing of ingredients comprising raw fish slices, shredded vegetables and condiments as one hollers auspicious phrases to welcome good fortune.

Holler for good investment fortune this Lunar New Year

With sustainability challenges increasingly confronting the world, Sime Darby Property, which turned 50 last ...

Going Further in the ESG Journey

It is estimated that working Malaysians waste about a million hours a year in traffic jams. That time could have been used more productively, such as spending another hour at work or catching up on social activities. The wasted hours also come at a cost, which economists call an opportunity cost.

Long-awaited Klang Valley expressways cut Malaysians’ time in traffic

KUALA LUMPUR (April 19): Silver Ridge Holdings Bhd said its wholly owned unit is being sued by a subcontractor over alleged outstanding contract payments.

Silver Ridge’s unit slapped with suit over alleged unpaid contract sums

A weekly round-up of tanker and dry bulk market (April 19, 2024)

Baltic Exchange shipping updates: April 19, 2024

Malaysia’s economic growth will likely pick up pace in the quarters ahead, economists say, though some are cautioning that global uncertainties raise the risk of undershooting the official target for 2024.

This follows the Department of Statistics Malaysia's advanced gross domestic product (GDP) estimate of 3.9% for the first quarter of 2024 (1Q2024).

Malaysia's economy will pick up pace but global uncertainties remain key risks — economists

DUBAI/JERUSALEM (April 19): Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated that it had no plans for retaliation — a response that appeared gauged towards averting region-wide war.

Tehran signals no retaliation against Israel after drones attack Iran

In today’s edition of Evening 5: 0:06 Escalating Middle East unrest, hawkish US Fed shake regional markets 2:32 Malaysia's economy grew 3.9% in 1Q2024, advance estimate shows4:02 Axiata merger with Bharti Airtel raises earnings concern — analysts5:51 Awantec shares plunge as much as 53%, intraday short selling suspended7:33 Main-Market bound MKH Oil Palm’s IPO oversubscribed by 8.43 times

EVENING 5: Bursa ends mixed amid weak regional sentiment

Here’s a quick look at some of the stories that made headlines today.

EVENING 5: Five things you need to know today

KUALA LUMPUR (April 19): Construction company Lim Seong Hai Capital Bhd (LSH Capital) said it has obtained approval from its shareholders to transfer the group’s listing from the LEAP Market to the ACE Market of Bursa Malaysia Securities.

Lim Seong Hai Capital gets shareholder nod for transfer of listing to ACE Market

YX Precious Metals Bhd, a 70%-owned subsidiary of Tomei Consolidated 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.

In a bourse filing, the gold jewellery wholesaler and manufacturer said it has also satisfied the Securities Commission Malaysia (SC) and Main Market listing requirements on financial position, public shareholding spread and Bumiputera equity.

YX Precious Metals proposes to transfer listing from ACE Market to Main Market

KUALA LUMPUR (April 19): Oil-and-gas services firm Yinson Holdings Bhd said on Friday that its indirect wholly owned subsidiary Yinson Production Offshore Pte Ltd (Yinson Production) has successfully placed a US$500 million five-year senior secured bond issue.

Yinson’s unit places US$500 mil five-year senior secured bonds

KUALA LUMPUR (April 19): Fajarbaru Builder Group Bhd said it has secured a RM13.33 million contract to upgrade fire engineering systems at the Kuala Lumpur International Airport’s Terminal 1 satellite building.

Fajarbaru clinches RM13 mil contract from MAHB

Shares of Sapura Energy Bhd will be suspended from trading pending an announcement, the company said on Friday.

Trading in Sapura Energy suspended pending announcement 

Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

Most read this week

Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes, whose decades of shadow war has broken out into the open and threatened to drag the region deeper into conflict.

Israel attacks Iran, Reuters reports, as drones shot down over Isfahan 

Shares of Awanbiru Technology Bhd (Awantec) fell as much as 53% on Friday, prompting Bursa Malaysia to suspend the counter’s intraday short selling (IDSS).&nbsp;

Awantec shares plunge 53%, intraday short selling suspended 

RHB Investment Bank Bhd (RHB IB) on Friday upgraded Public Bank Bhd to “buy” from “neutral”, with a higher target price (TP) of RM4.80 (from RM4.70).

RHB upgrades Public Bank to ‘buy’, raises target price to RM4.80

Malaysia's economy grew by 3.9% in the first quarter of 2024 (1Q2024), as compared to 3.0% in the previous quarter, according to Department of Statistics Malaysia (DOSM) advance gross domestic product (GDP) estimates.

Malaysia's economy grew 3.9% in 1Q2024, advance estimate shows

Apple said on Friday it had removed Meta Platforms' WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.

Apple pulls WhatsApp, Threads from China app store after Beijing order

MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.&nbsp;

Main Market-bound MKH Oil Palm’s IPO oversubscribed by 8.43 times

The Malaysian rubber glove industry has demonstrated resilience and adaptability amidst challenging global dynamics, with optimism for a rebound in 2024, with an anticipated surge to approximately 450 billion pieces by 2027 despite a downturn in 2023, according to the Malaysian Rubber Glove Manufacturers Association (Margma).

Margma optimistic of rebound in 2024, expects surge to 450 billion pieces by 2027

The escalating tensions in the Middle East have influenced market sentiment and shifted investors' emphasis to the energy, finance and plantation sectors, which helped boost the FBM KLCI higher by midday on Friday.

KLCI up 0.43% with focus on energy, plantation, financial stocks

The planned merger of Axiata Group Bhd, Malaysia’s largest telecommunications company by revenue, with India’s Bharti Airtel Ltd raises concerns as the latter's subsidiary Airtel Lanka is currently a loss-making company, analysts said.

Malaysia’s Axiata merger with Bharti Airtel of India raises earnings concern — analysts

Bursa Malaysia Bhd’s core net profit may have risen 34% in the first quarter, from a year earlier, on higher securities and derivatives trading activity when the exchange operator reports its results, Hong Leong Investment Bank said.

Bursa Malaysia 1Q earnings likely up 34% y-o-y, HLIB projects

Malaysia’s exports contracted at a slower than expected pace in March mainly due to lower foreign demand for electronics while shipments to China fell, official data Friday showed.

Malaysia’s March exports down 0.8%, imports surge 12.5%

Sime Darby Property Bhd, Malaysia’s biggest developer in terms of landbank, has secured commitment for the remaining 30% of its industrial development fund to close at RM1 billion.

Sime Darby Property gets commitment for balance 30% of RM1b industrial development fund

Financial services provider MIDF has reported a recent cyber security incident to relevant authorities and is collaborating closely with them on addressing the matter.

In a brief statement issued on Friday, MIDF affirmed that it takes the cyber security incident seriously and reiterated its commitment to safeguarding the privacy and security of customers' information.

MIDF confirms cyber security incident

Kenanga Investment Bank has initiated coverage on soon-to-be listed oil and gas services firm Keyfield International Bhd at RM1.90 — reflecting a 111% premium over its IPO price of 90 sen per share — while giving it an “outperform” rating.

Kenanga sees Main-Market bound Keyfield International cashing in on OSV boom, sets target price at RM1.90

PUTRAJAYA (April 19): Payment of fees&nbsp;for training or classes in esports, equestrian, swimming, motorsports and taekwondo is&nbsp;eligible for&nbsp;tax relief of up to RM1,000 from next year, said Youth and Sports Minister Hannah Yeoh.

Payment of fees for sports training eligible for tax relief from next year — Hannah

Melaka State Secretary Datuk Zaidi Johari died of a heart attack this morning. He was 54.

According to a statement from the Melaka Chief Minister’s Office, Zaidi breathed his last at about 8.15am at Hospital Melaka here.

Melaka State Secretary Zaidi dies of heart attack

KUALA LUMPUR (April 19): Oil-and-gas services firm Yinson Holdings Bhd said on Friday that its indirect wholly owned subsidiary Yinson Production Offshore Pte Ltd (Yinson Production) has successfully placed a US$500 million five-year senior secured bond issue.

Automotive electronic parts manufacturer MCE Holdings Bhd has commenced the construction for its MCE Auto Hub, the company’s new manufacturing facility in Serendah, Selangor, with an initial investment of RM50 million for the first phase of the development.&nbsp;

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