Latest
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Nation
MCA moots loan relief for SMEs
SHAH ALAM: Allowing loan moratoriums for companies affected by rising diesel prices would help ease mounting financial strain on businesses, particularly small and medium enterprises (SMEs), said Selangor MCA chairman Datuk Lawrence Low.
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Economy
Oil surge from war hits Thai restaurant bookings
Parkorn Kosiyabong, chef at Goat, which holds one Michelin star, says on Monday, that the oil price crisis and higher transport costs following the war in the Middle East had not only increased restaurant costs but had also affected bookings.
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Nation
‘Swift action key to curbing graft in the public sector’
PUTRAJAYA: Swift and robust disciplinary action is needed to break the long-standing cycle of corruption and integrity breaches within the public sector, says Tan Sri Dr Ismail Bakar.
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Corporate News
Fuel shocks no longer hit Capital A the same way
With its aviation business sold earlier this year, Capital A Bhd's new business structure has limited exposure to rising jet fuel prices, analysts say.
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Nation
EAIC head: Ombudsman necessary
PUTRAJAYA: The setting up of a Malaysian Ombudsman is not merely a rebranding of the Enforcement Agency Integrity Commission (EAIC) but an enhancement of accountability and governance, says its chairman Tan Sri Dr Ismail Bakar (pic).
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Economy
Hainan FTP turns expo into gateway for global products
With the Hainan Free Trade Port now in operation, the China International Consumer Products Expo is cementing its role as a strategic entry point for international brands targeting China's expansive consumer base.
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Economy
US-Israeli war in Iran clouds RBA outlook
Australia's central bank says it's impossible to confidently predict the path for policy after raising interest rates for a second time this year as a surge in oil prices from the Middle East war fans inflation risks.
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Corporate News
Blackstone’s new hedge fund for mini-millionaires
Blackstone Inc is launching its first hedge fund for affluent individuals, as the US$1.3 trillion asset manager intensifies its push to bring alternative investments to doctors, lawyers and other professionals with disposable income to invest.
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Nation
Factory bus operators struggling amid rising fuel costs
SHAH ALAM: Factory bus operators are reportedly grappling with a sharp rise in fuel costs following the recent diesel price revisions in Peninsular Malaysia.
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Markets
US bonds rally as traders bet on Fed rate cut
The US bond market rallied back from its deepest selloff in 17 months as traders ditched wagers that the Federal Reserve (Fed) will hike interest rates, with the focus shifting to speculation the Iran war will deepen an economic slowdown.
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Business
Germany eyes huge healthcare savings
Germany can impose more than €60bil in cost cuts in its healthcare system by 2030 with measures such as restricting doctors' pay, reining in drug costs and shifting the financing for welfare recipients.
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Corporate News
SimeProp poised for sustained upside ahead
Sime Darby Property Bhd (SimeProp) is expected to sustain new property sales at around RM4bil in the financial year 2026 (FY26), driven by three key industrial projects.
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Auto
UK motor finance payouts lowered as FCA makes changes
The United Kingdom's motor finance industry is expected to pay about £2bil less for a revised redress programme for consumers who were missold car loans.
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Nation
Diana Danielle: My kids come first
FOR Malaysian singer Diana Danielle, her undying love for her two children remains the centre of her life and her reason to better herself, even after divorcing her husband Farid Kamil, Kosmo! reported.
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Economy
Banco do Brasil weighs farmer relief amid Iran war, capital risk
Banco do Brasil SA is weighing fresh financial relief for farmers hit by the war in Iran, a move that risks straining its balance sheet and reviving the need for asset sales or a capital increase.
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Corporate News
Keyfield unit inks RM73mil shipbuilding job
Keyfield International Bhd's wholly-owned subsidiary Keyfield Resolute Sdn Bhd has entered into a contract with Fujian Mawei Shipbuilding Ltd and Fujian Funing Shipbuilding Co Ltd for the shipbuilding of a new dynamic positioning (DP2) anchor handling tug supply (AHTS) with diesel-electric engine for a contract price of US$18mil (RM72.5mil).
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Corporate News
Southern Score wins two deals
Southern Score Builders Bhd has secured two data centre-related electrical subcontract projects worth a combined RM189mil through its 51%-owned unit, SJEE Engineering Sdn Bhd.
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Nation
Tears flow as eldest child scores 9As
IPOH: Tears of happiness flowed as Wan Aleya Batrisyia Meor Ruslan embraced her parents after she obtained her SPM results.
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Banking
Banking sector resilience to support markets
Malaysia's well-capitalised banking sector is expected to continue supporting orderly domestic market functioning and resilience, says Bank Negara Malaysia (BNM).
