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Days of GLC top execs getting fat salaries over, says PM

KUALA LUMPUR: The days of top executives of government-linked companies (GLCs) drawing fat salaries regardless of their companies' performance is over, Prime Minister Tun Dr Mahathir Mohamad has warned.

Short-selling of Top Glove suspended as counter plunges on litigation news

KUALA LUMPUR: The proprietary day trading (PDT) and intra-day short selling (IDSS) for Top Glove Corp has been suspended for the remainder of the day as it breached Bursa Malaysia limits.

Bursa rebounds with other regional markets, Top Glove in the spotlight

KUALA LUMPUR: Bursa Malasia joined other regional equity markets in a rebound in Monday morning trade following Friday's positive US jobs data report.

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For China, tech giant Tencent is both a national champion and a threat

Company’s ubiquitous WeChat app has more than a billion users

Alibaba to continue to invest in Malaysia

HANGZHOU: The review of China-related projects in Malaysia has not faltered e-commerce giant Alibaba Group’s plans to continue to invigorate investments in Malaysia.

As LRT3 bill spirals, Prasarana mulls taking over project

PETALING JAYA: Prasarana Malaysia Bhd is considering taking over the construction of the Light Rapid Transit line 3 (LRT 3) from its project delivery partner (PDP) to curb its spiraling cost.

Eonmetall plans to invest RM100mil in steel racking and M&E ops

GEORGETOWN: Eonmetall Group Bhd is investing more than RM100mil this year and 2019 in its steel racking and machinery and equipment (M&E) business.

New cohort continues drive in innovation ecosystem

CYBERVIEW Sdn Bhd, the company leading Cyberjaya’s transformation into a Global Technology Hub, has shortlisted five startups to participate in the latest instalment of its Cyberview Living Lab Accelerator (CLLA) Programme.

Engtex is strong contender for RM1bil water pipe jobs

PETALING JAYA: Engtex Group Bhd could emerge as a strong contender for some RM1bil worth of water pipe replacement contracts up for grabs in Selangor, RHB Research said.

Unicorns are China's innovative cavalry in trade war

A TRADE war can be fought on many fronts. As China breeds unicorns, they are being asked to stay at home rather than gallop overseas to enrich US investors.