Latest
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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
Police: CBT cases involving lawyers on the rise
KUALA LUMPUR: Cases of embezzlement involving lawyers are on the rise, as seen in Bukit Aman statistics.
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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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Nation
‘Sabah will not compromise’
KOTA KINABALU: Sabah will not relent in its pursuit of the 40% tax revenue owed to the state by Putrajaya, says Datuk Seri Hajiji Noor.
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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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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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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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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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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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Corporate News
MFM allocates RM300mil to improve grain, poultry operations
Malayan Flour Mills Bhd (MFM) has earmarked RM300mil for capital expenditure (capex) for 2024 (FY24) to strengthen its growth.
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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
Kawan Renergy’s IPO oversubscribed by 94.99 times
Kawan Renergy Bhd’s initial public offering (IPO) has been oversubscribed by 94.99 times.
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Letters
Curb children’s social media usage
A letter from DR NICOLE FU CHEW XIANG & DR SERENA LEOW, School of Arts Sunway University.
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Letters
Women leading the way to safer maritime workplaces
A letter from DR IZYAN MUNIRAH MOHD ZAIDEEN and DR SUZANNA RAZALI CHAN.
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Nation
Dalit man bashed for not voting ruling BJP
A MAN from the Dalit community in India was allegedly beaten up for not voting for the ruling BJP, which is the party of Prime Minister Narendra Modi, Malaysia Nanban reported.