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

WASHINGTON (April 16): US Treasury Secretary Janet Yellen on Tuesday warned that the US intends to hit Iran with new sanctions in coming days over its unprecedented attack on Israel, and these actions could seek to reduce Iran’s capacity to export oil.

US to hit Iran with new sanctions in ‘coming days’, Yellen says

KUALA LUMPUR (April 16): The Unity Secretariat meeting, held on Tuesday night, discussed preparations to strengthen machinery and the working mechanism of parties within the Unity Government, in preparation for next month’s Kuala Kubu Baharu by-election.

Saifuddin Nasution: Unity Secretariat discussed machinery preps for Kuala Kubu Baharu by-election

WASHINGTON (April 16): Iran’s unprecedented missile and drone strike on Israel is unlikely to prompt dramatic sanctions action on Iran’s oil exports from the Biden administration due to worries about boosting oil prices and angering top buyer China, said analysts.

Biden unlikely to cut Iran’s oil lifeline after Israel attack

KUALA LUMPUR (April 16): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:

MyEG, HeiTech Padu, Apex Healthcare, Globetronics Technology, Kossan Rubber, Tomei, GDEX, Serba Dinamik, Alpha IVF and Comfort Gloves

KUALA LUMPUR (April 16): The 14-year-old daughter of Lahad Datu police chief ACP Dzulbaharin Ismail was found dead in a pool of blood, in a room at her home in Taman Tabanak, Lahad Datu on Tuesday.

Teen daughter of Lahad Datu police chief found dead in pool of blood

KUALA LUMPUR (April 16): The Malaysian Investment Development Authority (Mida) plays an instrumental investment facilitator role in removing obstacles for prospective investors, said Investment, Trade and Industry (Miti) Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Zafrul: Mida a vital instrument to remove obstacles for prospective investors

NEW YORK/BENGALURU (April 16): The Dow Jones Industrial Average outshone its peers on Tuesday, following upbeat results from health insurer UnitedHealth, while higher Treasury yields and conflict in the Middle East kept investors on edge.

Dow up on UnitedHealth boost; higher bond yields, Mideast tensions cap gains

KUALA LUMPUR (April 16): Comfort Gloves Bhd said two subsidiaries of the group have commenced legal action over an additional tax demand totalling RM99.3 million by the Inland Revenue Board (IRB).

Comfort Gloves’ units go to court over RM99 mil additional tax demand

Tesla Inc shares extended their decline for 2024, pushing the electric-vehicle (EV) maker’s market valuation below US$500 billion (RM2.40 trillion), as a round of job cuts this week further soured sentiment around the company.

Tesla’s value declines below US$500b as risks pile up

Federal Reserve (Fed) vice chair Philip Jefferson said he expects inflation to continue to moderate, with interest rates at their current level, but persistent price pressures would warrant holding borrowing costs high for longer.

Fed’s vice chair sees steady rate helping to push down inflation

Outsourced semiconductor assembly and testing (OSAT) player Globetronics Technology Bhd is in the final stages of discussion with two prospective clients interested in leveraging advanced packaging technology.

Globetronics in final talks with two potential customers for advanced packaging

Practice Note 17 (PN17) company Serba Dinamik Holdings Bhd said it had been granted an extension of time until May 15 by Bursa Malaysia to submit its regularisation plan.

Bursa grants Serba Dinamik second extension of time until May 15 to submit regularisation plan

ISKANDAR PUTERI (April 16): The Johor government wants to develop a multi-tiered Automated Rapid Transit (ART) system in Johor Bahru to address traffic congestion in the city.

MB: Multi-tiered Automated Rapid Transit system planned to overcome Johor Bahru congestion

The Ministry of Investment, Trade and Industry (Miti) will draw up a comprehensive semiconductor strategic plan to ensure that Malaysia continues to be the chosen investment destination for this strategic industry, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: Miti to draw up comprehensive semiconductor strategic plan

HSBC Holdings plc has started a new round of job cuts at its Asia investment bank amid a slump in dealmaking across the region, according to people familiar with the matter.

The London-based lender cut around a dozen bankers across its investment banking division in Asia on Tuesday, one of the people said, asking not to be identified discussing a private matter.&nbsp;

HSBC slashes a dozen investment bankers in Asia on deals slump

Bursa Malaysia ended lower for the second consecutive day on Tuesday, tracking the weak global sentiment due to the Middle East conflict, said an analyst. &nbsp;

Bursa closes lower, tracking weak global 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 16): Malaysian airlines will be hurt by higher fuel costs, even as escalating geopolitical tensions in the Middle East are not expected to dent ticket sales, analysts said.

Local airlines may feel heat from rising oil prices as Middle East tensions simmer — analysts

1Malaysia Development Bhd (1MDB) on Tuesday failed to transfer its case concerning its US$6.59 billion (RM31.58 billion) suit against its former president Arul Kanda Kandasamy and former Treasury secretary general Tan Sri Dr Mohd Irwan Serigar Abdullah from the Civil High Court to the Commercial High Court.

1MDB fails to transfer suit against Arul Kanda and Irwan to another court

The Ministry of Finance (MOF) has registered the proposed construction of a new highway alignment that will connect Tanjung Malim to Lumut.

Confirming the matter, Menteri Besar Datuk Seri Saarani Mohamad said the construction of the highway is necessary&nbsp;to facilitate export logistics services through the Lumut Maritime Industrial City (LuMIC) when the High Technology Automotive Valley (AHTV) project in Tanjung Malim begins operation.

Perak proposes new highway between Tanjung Malim and Lumut

Kossan Rubber Industries Bhd has proposed a final dividend of two sen per share for the financial year ended Dec 31, 2023 (FY2023).

The final dividend will be paid on July 18, with June 20 as the ex-date and June 21 as the entitlement date, the glove maker said in a bourse filing on Tuesday.

Kossan proposes final dividend of two sen for FY2023

Tesla Inc&nbsp;shares extended their decline for 2024, pushing the electric-vehicle (EV) maker’s market valuation below US$500 billion (RM2.40 trillion), as a round of job cuts this week further soured sentiment around the company.&nbsp;

The Sarawak government has welcomed the appointment of Lawrence Wong as Singapore's next&nbsp;prime minister, while also expressing interest in studying further the republic's approach to assisting its low-income sector.

Abang Johari sees more Sarawak-Singapore collaborations under PM Wong

KUALA LUMPUR (April 16): Bursa Malaysia Bhd is collaborating with the UK government’s Mobilising Institutional Capital Through Listed Product Structures (Mobilist) programme to help address the funding gap needed in Malaysia to achieve the United Nations’ (UN) Sustainable Development Goals (SDGs) by 2030.

Bursa works with UK's Mobilist programme to address funding gap and achieve UN SDGs

KUALA LUMPUR (April 16): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:

Former prime minister Tun Dr Mahathir Mohamad said on Tuesday that the Malaysian Anti-Corruption Commission (MACC) has accused him of abusing power for personal gain.

Mahathir claims MACC accuses him of power abuse for personal gain

KUALA LUMPUR (April 16): Newly-listed fertility care company Alpha IVF Group Bhd made a net profit of RM13.59 million for its third quarter ended Feb 29, 2024 (3QFY2024), on a revenue of RM40.7 million.

Alpha IVF makes RM13.6 mil net profit in 3Q, sees rising demand for fertility solutions amid resurgence in medical tourism

The suspect who opened fire at the Kuala Lumpur International Airport (KLIA) Terminal 1 Arrival&nbsp;Hall&nbsp;on early&nbsp;Sunday morning, before being arrested in Kota Bharu on Monday, is believed to have been trying to escape to a neighbouring country.

KLIA shooting case suspect attempted to flee country, say police

KUALA LUMPUR (April 16): The 14-year-old daughter of Lahad Datu police chief ACP Dzulbaharin Ismail was found dead in a pool of blood, in a room at her home in Taman Tabanak, Lahad Datu on Tuesday.

KUALA LUMPUR (April 16): Express carrier GDEX Bhd, which has been in the red for the last two financial years, is planning to diversify into the provision of information technology (IT) services and solutions to enhance its revenue stream.

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