Nation

Time to take UV risks seriously

PETALING JAYA: Malaysia needs stronger public health guidance on safe sun exposure, wider sunscreen use and better awareness of skin protection as experts warn of rising ultraviolet (UV) risks alongside a steady increase in skin cancer cases

Auto

Govt to launch incentives for 200,000 EVs to boost sales

The government is preparing a new round of incentives for electric vehicle (EV) purchases set to begin in June, targeting 100,000 electric cars and 100,000 electric motorcycles as part of a broader push to stimulate demand as well as reduce fuel consumption to curb energy subsidies.

Insight

Musk cements power in SpaceX IPO

SpaceX has adopted corporate governance policies that will erode typical shareholder protections in unprecedented ways, giving founder Elon Musk virtually unchecked executive authority when the rocket maker goes public later this year.

Nation

Law in works to prevent senior neglect, says Zahid

KUALA LUMPUR: A new law aimed at ensuring children care for their elderly parents is expected to be brought before the Cabinet within six months, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Nation

Urgent need for law to ensure senior care, say groups

PETALING JAYA: It is high time for a specific law designed for elderly care to be set in place especially with Malaysia heading towards an ageing nation by 2030 and the sandwich generation.

Aviation

Airlines push for higher fare cap as fuel costs rise

Domestic airlines have urged the government to raise the ceiling on economy-class airfares, citing surging fuel costs and a weakening rupiah that are squeezing margins and threatening connectivity.

Forex

Ringgit continues growth path

The ringgit extended its gains yesterday, closing firmer against major currencies and most regional peers following Bank Negara Malaysia's (BNM) move to maintain the overnight policy rate (OPR) at 2.75%.

Banking

China state banks to get major capital injection

China will roll out a fresh round of capital injections into its largest state-owned commercial banks through the issuance of special treasury bonds, a move set to significantly boost their lending capacity and strengthen support for the real economy.

Economy

‘OPC’ taking China economy by storm

China's startup landscape is being reshaped by a fast-growing class of businesses powered not by teams, but by individuals armed with artificial intelligence.

Corporate News

Office demand on the mend for UOA-REIT

UOA Real Estate Investment Trust (UOA-REIT) expects the demand for office space to continue to improve gradually.

Nation

Farmers seek govt’s help to keep food prices down

PETALING JAYA: Farmers and agriculture industry players are calling for government support to help keep food prices under ­control as rising operational costs continue to burden the sector.

Corporate News

FIMM reprimands unit trust consultant over breaches

The Federation of Investment Managers Malaysia (FIMM) has publicly reprimanded a former unit trust scheme (UTS) consultant for submitting a falsified academic certificate as part of his application for registration as a UTS consultant.

Support Line

SupportLine

Westports Holdings Bhd is making a gradual rise out of a consolidation channel, as it makes it way towards an immediate resistance of RM5.80.

Badminton

Wee Kiong sees greater need for speed and power in 15x3 system

PETALING JAYA: Independent shuttlers have already started adapting to the new 15x3 scoring system in training as they look to quickly adjust to the major change.

Economy

Call for prudence as interest rates stay put

Economists are advocating a cautious outlook on the country's growth and inflation scene, as Bank Negara Malaysia (BNM) has decided to keep the overnight policy rate (OPR) at 2.75% after the latest Monetary Policy Committee meeting yesterday.

Badminton

BAM may consider younger men’s singles players for Asiad

PETALING JAYA: With Malaysia not expected to be among the medal contenders in the men's singles at the Asian Games, the Badminton Association of Malaysia (BAM) could consider sending younger players from the back-up squad to gain valuable experience.

Aviation

AAX orders 150 Airbus aircraft worth RM74bil

AirAsia X Bhd (AAX) has ordered 150 Airbus A220-300 aircraft worth about US$19bil (RM74bil) to tap high-growth thin markets while adding more flights on its established trunk routes.

Corporate News

Cloudpoint’s CX One acquisition to boost earnings

Cloudpoint Technology Bhd's proposed acquisition of CX One Sdn Bhd for RM16.8mil is expected to enhance earnings and expand its existing capabilities, CIMB Research says.

Corporate News

Taiwan capacity expansion to buoy Frontken Corp

Analysts remain positive on semiconductor support services provider Frontken Corp Bhd's outlook for the financial year ending Dec 31, 2026 (FY26), buoyed by its multiple capacity expansion initiatives in Taiwan.

Commodities

Commodities set for prolonged volatility ahead

Commodity markets are under pressure as the geopolitical tensions continue to disrupt supply chains, increase price volatility and dampen global trade.