Nation

Perlis govt to stay till GE

KANGAR: The Perlis administration will remain intact until the next general election, says Peri­katan Nasional state leadership.

Corporate News

Lower 1Q26 earnings likely for Hap Seng Plantations

UOB Kay Hian (UOBKH) Research expects Hap Seng Plantations Holdings Bhd to deliver lower earnings year-on-year (y-o-y) in its first quarter of financial year 2026 (1Q26), due to softer crude palm oil (CPO) prices despite improved operational performance.

Badminton

Arif bides his time wisely as he makes most of sparring role

PETALING JAYA: Men's doubles shuttler Wan Arif Wan Junaidi may have to wait longer for his Thomas Cup debut but he still believes that his role, together with the two other pairs brought to Denmark, remains important in Malaysia's bid to end a 34-year title drought.

Badminton

Making way for youngsters at Uber Cup not an issue for Ee Wei

PETALING JAYA: National shuttler Toh Ee Wei (pic) is taking her omission from the Uber Cup squad in stride as she steps aside to give the next generation the opportunity to gain exposure on the big stage.

Forex

Ringgit rises against the greenback

The ringgit strengthened against the US dollar and other major currencies at yesterday's close, despite a firmer US Dollar Index, as investors closely monitored developments and anticipated the outcome of ongoing negotiations between the United States and Iran.

Nation

Carbon tax halt backed by analysts

PETALING JAYA: The decision to delay the rollout of the planned carbon tax for industries has been described as a sensible move amid prevailing economic and geopolitical uncertainties in the Middle East, though analysts say clear communication will be crucial to avoid perceptions of policy inconsistency.

Markets

Bursa ends higher on Gulf optimism

Bursa Malaysia closed higher yesterday with market sentiment improving following reports that Iran may attend a second round of negotiations with the United States in Pakistan.

Economy

New Zealand inflation stays stubbornly high

New Zealand inflation unexpectedly stayed above the top of the Reserve Bank's (RBNZ) 1% to 3% target in the first quarter, prompting markets to boost bets on a July interest rate hike as the impact of an expected Iran-war driven surge in fuel prices is still to come.

Corporate News

MRCB sees clear growth momentum

Malaysian Resources Corp Bhd (MRCB) views the next three years as a clear progression in delivery and momentum.

Corporate News

Gentari strengthens efforts for 40GW renewable capacity by 2030

Global clean energy company Gentari is strengthening efforts to achieve its target of 30GW to 40GW of renewable energy capacity by 2030, underpinned by rapid growth but contingent on market readiness and returns.

Badminton

Mental strength will be key if Malaysia are to overcome Indonesia, says Jalani

PETALING JAYA: Encounters between Malaysia and Indonesia are never short of intensity, fuelled by a long-standing and fierce badminton rivalry between the two nations.

Corporate News

CIMB Thai 1Q bottom line increases 8.4%

CIMB Thai Bank PCL has recorded a net profit of 908.2 million baht (RM112.11mil), an increase of 70.1 million baht or 8.4% year-on-year (y-o-y), in the first quarter of 2026 (1Q26) as compared to the same quarter in 2025, it announced in a statement yesterday.

Corporate News

Silver Ridge wins RM2.5mil building job

Silver Ridge Holdings Bhd (SRHB) has accepted contracts worth a total of RM2.49mil for the construction of three, two-storey shophouses in Kapar, Selangor.

Swimming

Hoe Yean won’t splash incentive as he’s saving it for future

PUTRAJAYA: Swimmer Khiew Hoe Yean had every reason to smile after emerging as the top recipient at the Higher Education Ministry's Excellence Incentive Awards Ceremony yesterday.

Corporate News

Karex to raise prices sharply as Iran war strains supply chain

Karex Bhd, the world's top condom producer, plans to raise prices by 20% to 30% and possibly further if supply chain disruptions drag on due to the Iran war, its chief executive officer (CEO) says.

Technology

YTL AI Labs launches Ilmu Claw AI platform

YTL AI Labs has launched Ilmu Claw yesterday, enabling Malaysian users, developers, and enterprises to build autonomous artificial intelligence (AI) agents, hosted entirely on Malaysian infrastructure through the secure YTL AI Cloud.

Corporate News

Uzma unit in Boustead tie-up

Uzma Bhd via its subsidiary Uzma Space and Defence Sdn Bhd is exploring a collaboration with Boustead Holdings Bhd in the areas of satellite communications and geospatial intelligence.

Badminton

Herry proud of Hendra’s rise as teacher-student rivalry begins

PETALING JAYA: The arrival of Hendra Setiawan as a coach with Indonesia's Thomas Cup squad has brought a smile to Herry Iman Pierngadi.

Nation

New carbon policy driving green push in heavy industries

PUTRAJAYA: Heavy industries such as steel, power and cement production should explore green technologies and reduce their emissions with the newly-laun­ched National Carbon Market Policy (NCMP).

Economy

Regional investment key to Asean growth

Domestic companies need to look beyond investing solely in one another and take a more deliberate, strategic approach to investing across the region.