<div class=newsTextDataWrapInner>KUALA LUMPUR (Aug 1): Mudajaya Group Bhd rose 4.80% in early trade after it won two contracts valued at RM151.38 million from Petroliam Nasional Bhd (Petronas) to undertake procurement, construction and commissioning (PCC) works for the utilities, interconnecting and offsite (UIO) facilities of the refinery and petrochemical integrated development (Rapid) project in Pengerang, Johor.</div>

<div class=newsTextDataWrapInner>At 9.01am, Mudajaya rose 6 sen to RM1.31 with 30,600 shares done.</div>

<div class=newsTextDataWrapInner>Mudajaya said its wholly-owned unit Mudajaya Corp Bhd was awarded the two contracts on July 25 and 26 by PRPC Utilities and Facilities Sdn Bhd, a subsidiary of Petronas.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Project 1 involves PCC of a data centre and telecom equipment room and an electrical substation for the UIO facilities at the Rapid project, while Project 2 involves PCC of civil and infrastructure works at Area 8100 for the UIO facilities.</div>

KUALA LUMPUR (Aug 1): Mudajaya Group Bhd rose 4.80% in early trade after it won two contracts valued at RM151.38 million from Petroliam Nasional Bhd (Petronas) to undertake procurement, construction and commissioning (PCC) works for the utilities, interconnecting and offsite (UIO) facilities of t...

Mudajaya rises 4.80% on landing Petronas contracts 

Former Prime Minister Datuk Seri Najib Razak claimed that he was being prosecuted for "being transparent" on how he spent the purported donation from the Middle-East.

The now-imprisoned 71-year-old, said that he could have easily utilised the donation monies in the form of cash but did not do so and specifically used cheques because he knew it would be documented.

1MDB-Tanore trial: Najib denies abusing funds, says used cheques to be 'transparent'

(Jan 22): This year’s 30% artificial intelligence (AI)-driven rally in shares of South Korea’s SK Hynix Inc faces threats as political issues and valuations push local investors towards domestic-focused companies.

SK Hynix’s 30% gain this year under pressure from Trump trades

The 5G network has the ability to secure a dedicated slice of its bandwidth to ensure reliable encrypted communications for any organisation, especially law enforcement agencies, said Communications Minister Fahmi Fadzil.

Govt suggests dedicated slice of 5G network for police, law enforcement use — Fahmi

KUALA LUMPUR (Jan 22): Bank Negara Malaysia (BNM) on Wednesday kept the benchmark interest rate unchanged as widely expected, comfortable with its outlook for sustained economic growth and manageable inflation.

BNM keeps OPR steady, takes comfort in sustained growth

The traffic flow on major highways is expected to increase significantly, reaching 2.6 million vehicles per day heading towards the east coast, north, and south for the Chinese New Year celebration from the Klang Valley.

CNY exodus: 2.6 million vehicles expected on major highways each day

KUALA LUMPUR (Jan 22): The government's decision to end toll-free travel during festive seasons and to introduce a "more targeted approach" is a reasonable move as the toll waivers only benefit a portion of households that use the highways during that time, according to analysts.

Profes...

Move to end toll waivers during festive seasons apt — analysts

SRC International Sdn Bhd’s former director Datuk Suboh Md Yasin told the High Court on Wednesday that he signed four blank cheques that led to RM19.5 million going to Umno and Umno Selangor.

Former SRC director says he signed blank cheques, didn’t know payments were to Umno

Malaysia's currency hit a six-week high and stocks advanced for a fourth straight session on Wednesday ahead of a central bank policy decision, while a gauge of emerging Asian equities reversed course weighed by China on US tariff plans.

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Malaysia’s international reserves fell by US$700 million by mid-January this year, from a fortnight earlier, according to Bank Negara Malaysia (BNM).

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KUALA LUMPUR (Jan 22): The risk of overbuilding of residential properties would become more apparent in the coming years, particularly in high-growth cities, according to JLL Properties Services (Malaysia) Sdn Bhd (JLL Malaysia).

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Sunway Bhd (KL:SUNWAY) has started the ball rolling for the initial public offer (IPO) of its healthcare unit, sources told The Edge.

Maybank Investment Bank Bhd and AmInvestment Bank Bhd are said to be the front-runners as principal advisers for the IPO of Sunway Healthcare Group, the sources said.

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Malaysia's currency hit a six-week high and stocks advanced for a fourth straight session on Wednesday ahead of a central bank policy decision, while a gauge of emerging Asian equities reversed course weighed by China on US tariff plans.

MIDF Research said&nbsp;the recent selldown of data centre-linked construction stocks&nbsp;may have been overdone as it sees the US’ AI chip export restrictions having minimal impact on data centre operations here.

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KUALA LUMPUR (Jan 22): Malaysia’s property market is now showing signs of improvement that will lift Malaysian banking stocks under pressure from uncertainties over data-centre outlook, according to CIMB Securities.

CIMB Securities: Malaysian property market now showing signs of improvement that will lift banking stocks

(Jan 22): US&nbsp;President Donald&nbsp;Trump&nbsp;on Tuesday announced&nbsp;a&nbsp;private&nbsp;sector&nbsp;investment&nbsp;of up to US$500&nbsp;billion (RM2.23 trillion) to fund&nbsp;infrastructure&nbsp;for artificial intelligence (AI),&nbsp;aiming to outpace rival nations in the business-critical technology.

Trump announces private-sector US$500 bil investment in AI infrastructure

Founders of FashionValet Sdn Bhd Datin Vivy Yusof and her husband Datuk Fadzarudin Shah Anuar have been charged with the misappropriation of RM8 million from Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB), belonging to the company.

FashionValet founders claim trial to alternative charges of fund misappropriation

KUALA LUMPUR (Jan 22): TechStore Bhd, which provides hardware and software to businesses, has fixed its initial public offering (IPO) price at 20 sen per share ahead of its listing on the ACE Market of Bursa Malaysia.

Enterprise hardware and software firm TechStore sets IPO price at 20 sen

US President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the US via Mexico and Canada.

Trump stirs tariff pot with fresh threats on EU, Feb 1 China deadline

President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.

Trump says he’s open to Elon Musk or Larry Ellison purchasing TikTok

Analysts are positive on Sunway Real Estate Investment Trust’s (KL:SUNREIT) acquisition of AEON Mall Seri Manjung in Perak, prompting revisions of their earnings forecasts.

Analysts raise Sunway REIT earnings forecasts after AEON Mall acquisition in Perak

SRC International Sdn Bhd’s former director Datuk Suboh Md Yasin told the High Court on Wednesday that he signed four blank cheques that led to RM19.5 million going to Umno and Umno Selangor.

KUALA LUMPUR (Jan 22): Bank Negara Malaysia (BNM) on Wednesday kept the benchmark interest rate unchanged as widely expected, comfortable with its outlook for sustained economic growth and manageable inflation.

Global stocks rose on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the dollar near two-week lows.

Stocks get tech boost, tariff uncertainty weighs on dollar 

Indonesia's antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah (US$12.4 million or RM55.3 million) for unfair business practices related to its payment system services for Google Play Store, its software distribution platform.

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DAVOS, Switzerland (Jan 21): Prime Minister Datuk Seri Anwar Ibrahim said digitalisation is a "missing component" in all of Malaysia's previous free trade agreements (FTAs).

PM: Malaysia seeks to upgrade its free trade agreements to cover digitalisation

Over the past two years, the Biden administration struck a careful balance on artificial intelligence. The White House took steps to ensure the US stayed ahead of China in developing the technology while also trying to address some of AI’s many potential risks.

Trump pushes to make US an AI superpower, with fewer guardrails 

Datuk Seri Najib Razak denies seeking royalties from the Middle East to help stepson Riza Aziz over his alleged entanglement with 1Malaysia Development Bhd (1MDB) funds, the court heard on Wednesday.

Najib says stepson was already servicing loan from Emerati prince, phone call only to formalise agreement

President Donald Trump faces a host of headwinds that could thwart his ability to generate a boom for the US economy, according to Harvard University professor Ken Rogoff.

Trump’s plan to trigger boom risks coming undone, Rogoff warns

Inflation in Malaysia eased slightly and was marginally slower than expected in December as prices of non-food items and services rose at a more moderate pace, official data released on Wednesday showed.

Malaysia’s inflation in December slows as non-food price pressure eases, official data shows

Arina, Sime Darby Property Bhd’s (KL:SIMEPROP) first single-storey linked homes in Bandar Ainsdale, achieved full take-up of all 118 units within hours of its launch on Saturday, Jan 18.