Latest
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Citycism
Protect KL’s flood defences
“There are times, sir, when men of good conscience cannot blindly follow orders.”
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Japan
Law passed to allow joint custody after divorce
LAWMAKERS have enacted legislation that allows the option of joint custody of children after divorce.
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Corporate News
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
Construction and property development solutions provider MGB Bhd announced its first-quarter results for the financial year ending Dec 31, 2024 (1Q24) on May 16.
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Nation
Rollercoaster weather a bane to traders
MELAKA: The sizzling heat in the day is bringing happiness to some traders at Bandar Hilir here, but rain in the evenings is causing misery to others.
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Aviation
Chinese firms invest in ‘green’ jet fuel
Biofuel firms are pouring more than US$1bil into building China’s first plants to turn waste cooking oil into aviation fuel for export and meet domestic demand once Beijing mandates the fuel’s use on airplanes to cut emissions.
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Markets
SC working overtime to combat spread of scams
The Securities Commision (SC) last year put 315 entities and individuals on its Investor Alert List and blocked 146 websites and 248 social media accounts due to the rising occurrence of scams.
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Insight
The Tik Tok tariff war
There is a horror movie unfolding whereby the Hollywood hero, after trying garlic and all, is now driving a stake at the heart of the Chinese Dracula.
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Property
China pledges to buy apartments and finish stalled housing projects
China yesterday announced plans for local governments to buy “some” apartments and pledged forceful efforts to deliver unfinished homes, as part of a new round of measures to stabilise the crisis-hit property sector.
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Nation
Floods hit Kulim forcing 18 families to be evacuated
KULIM: Close to 80 flood victims have been rushed to a relief centre (PPS) after their houses were inundated by water here.
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Why Not?
Monkey business we don’t need
Orang utan, who share 97% of our DNA, are very like humans. They are not toys to be gifted to anyone. Instead, we should be working on giving them a better life in their natural habitat.
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Corporate News
Maxis gets off to a strong start to the year
Maxis Bhd will accelerate the adoption of next-generation enterprise offerings and is committed to being the preferred one-stop digitalisation partner for small and medium enterprises (SMEs), in line with the nation’s aspirations to accelerate the digital transformation.
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Insight
What’s next after M&As?
In the world of finance, there are many ways an investor can make money, and among them are pure long-term investors who adopt a buy-and-hold strategy.
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Economy
GDP up 4.2% in 1Q24
The country’s gross domestic product (GDP) grew by 4.2% in the first quarter (1Q) of this year, exceeding initial estimates and signalling that the economy is coping well amid a still volatile external environment.
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Corporate News
ITMAX gets RM105mil DBKL variation order
ITMAX System Bhd has been awarded a variation order (VO) worth RM105.33mil from the Kuala Lumpur City Hall (DBKL).
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Corporate News
Airport makeover
Time and again, the government has roped in its cash cows to rescue or revitalise privately-run but troubled assets that carry certain national importance.
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Property
Positive market outlook
With the financial reporting season for the first quarter of 2024 (1Q24) already under way, the average real estate investor will be eager to analyse the performance of their favoured property stock.
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Nation
Melaka Perhilitan: Leave crocs alone
THE Melaka Wildlife and National Parks Department (Perhilitan) will carry out periodic patrols and set traps following an incident involving a goat being bitten by a crocodile in Kampung Tengah, Pulau Gadong, Klebang, last Tuesday, Sinar Harian reported.
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Taxation
Russia and Malaysia sign tax agreement
Russia and Malaysia have signed an agreement to avoid double taxation, the Russian Finance Ministry says.
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Nation
Gloria Tang sings her way to the tune of RM300mil
HONG KONG singer Gloria Tang has raked in a staggering HK$500mil (RM300mil) in performance fees ever since she embarked on her I AM GLORIA World Tour that began at the end of last year.
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Corporate News
Toyota repeatedly halts Mexico plant after suppliers hit by labour shortage
Toyota Motor was forced to repeatedly halt production at a Mexico plant in February and March after local labour shortages snarled output at suppliers, according to people with knowledge of the automaker’s operations.