Latest
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Construction
Construction firms in Vietnam facing funding shortage
Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortages being their top problem, a report says.
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Golf
De Silva shines bright to take lead but favourite Galven lurks
PETALING JAYA: Seasoned local pro Kenneth De Silva played some of his best golf in recent times as he carded a six-under 66 to take the first-round lead in the Corolla Cross Cup at the Glenmarie Golf and Country Club yesterday.
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Corporate News
AirAsia Consulting in early talks for SAL acquisition
AirAsia Consulting is planning further engagement with the International Finance Corp (IFC) which is mandated to advise the Sri Lanka government on the divestiture of SriLankan Airlines Ltd (SAL).
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Economy
Consumer companies likely to face a mixed year
Consumer companies will likely see mixed fortunes this year, with those in the staple-food segment expected to remain resilient, while those in the discretionary segment expected to see muted performance through 2024.
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Squash
One spot from high ranking
PETALING JAYA: Malaysia’s top woman professional squash player S. Sivasangari is just one spot away from breaking into the top 10 after reaching a career high world No. 11 position this week.
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Corporate News
EV manufacturer Chery to invest in Thailand
Chery Automobile, an electric vehicle (EV) manufacturer from China, has been granted promotional privileges to establish a production facility in Thailand by the Thailand Board of Investment (BOI).
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Corporate News
Medical tourism to bolster private hospital growth
Medical tourism will continue to spur the growth in private hospital names such as KPJ Healthcare Bhd and IHH Healthcare Bhd.
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Nation
Investigation board to be set up
KUALA LUMPUR: An investigation board will be set up to determine the cause of the two naval helicopters that crashed during a rehearsal session at the naval base in Lumut, Perak.
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Corporate News
Strong earnings expected for Ancom Nylex
Niche agrichemical producer Ancom Nylex Bhd’s financial year 2024 (FY24) and FY25 earnings are anticipated to remain healthy despite some hurdles in the near term.
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Badminton
Stay cool if it’s sink or swim
PETALING JAYA: Malaysia’s supporting cast need to step up and show their mettle if the team are to pull off a stunner against China in a possible clash in the knockout rounds of the Thomas Cup Finals from April 27-May 5 in Chengdu.
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Economy
China finance ministry echoes Xi’s call for bond trading at PBoC
China’s Finance Ministry says it supports allowing the central bank to trade government bonds, reaffirming President Xi Jinping’s position, which ignited market speculation about a change of monetary strategy.
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Economy
Strongest warning yet on readiness to intervene
Japanese Finance Minister Shunichi Suzuki says last week’s meeting with his US and South Korean counterparts has laid the groundwork for Tokyo to act against excessive yen moves, issuing the strongest warning to date on the chance of intervention.
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Economy
PMIs improve even as weak yen intensifies price pressures
Key gauges of Japan’s manufacturing and service activity improved in April to their highest levels in nearly a year even as the weaker yen intensified price pressure on companies, a sign that they are becoming more tolerant of inflation.
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Economy
Vietnam apparel companies raise concerns over 2H production
Domestic textile and garment companies will face mounting pressure in production and business in the second half of 2024 due to unstable orders and other factors.
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Metro News
Autistic artists share their worlds
ARTIST Khik Weng Keat, 26, has a vision of space that is somewhat unconventional.
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Markets
JPMorgan’s Kolanovic says ‘correction’ in stocks isn’t over
The slide in US equities over the past three weeks was the start of a sell-off that is likely to deepen along with mounting macroeconomic risks, including rising treasury yields, a strong US dollar and elevated oil prices, says JPMorgan Chase & Co’s Marko Kolanovic.
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Metro News
Piping hot rice favourite
LEMANG, a staple dish during Hari Raya festivities, is often served during social gatherings.
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Squash
Seeding system needs relook to give lower ranked players a fairer deal, says Maniam
PETALING JAYA: National director of coaching Major (Rtd) S. Maniam has urged the Professional Squash Association (PSA) to relook into their current seeding system to offer players outside the top eight a fairer deal in their world tour events.
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Nation
Sis: Faisol had a fun-filled Hari Raya
ALOR SETAR: Warrant Officer II Muhammad Faisol Tamadun had such a hearty appetite that he “polished off” the food on his plate during the family gathering on the second day of Hari Raya Aidilfitri here.
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Eating Out
Fresh twist on tradition
Celebrity chef-inspired gourmet pizzas in Bandar Sunway nothing short of a culinary adventure.