Latest
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Metro News
Hiking club celebrates anniversary
IT was fun-filled night as more than 1,100 hikers and their families attended the Moon Gate Point Five Hiking Club’s 28th anniversary celebration held at Che Hoon Khor Moral Uplifting Society in Macalister Road, George Town in Penang.
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South Korea
The birth of the awakened one
THE birthday of the historical Buddha or Shakyamuni Buddha, known as Wesak in several countries, celebrates the birth of the child who became Prince Siddhartha around the end of the 4th century BC.
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Metro News
Global insurance company expands, opens first branch in Sarawak
A leading life insurance and family takaful provider recently opened its first branch in Kuching to bring better financial protection to clients in Sarawak.
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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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Metro News
Classy urban living space
WITH the completion of its development, TRX Residences is ready to set a new urban living benchmark in the centre of Kuala Lumpur.
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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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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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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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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.
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Nation
Azmin: I was merely questioning why Deepak was on the plane
KUALA LUMPUR: Former international trade and industry minister Datuk Seri Mohamed Azmin Ali told the High Court that he mentioned Deepak Jaikishan’s name in his speech because of the businessman’s photo with a current minister on a plane.
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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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Corporate News
Muhibbah rides on Cambodian tourism uptick
With the thirst for holidays stronger following the Covid-19 pandemic, investors have been flocking back to tourism-related stocks, especially the large-cap ones.
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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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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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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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Corporate News
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm’s succession plans, investments in artificial intelligence and opportunities beyond traditional banking.