<div class=newsTextDataWrapInner><p>SINGAPORE (April 19): Agriculture firm Olam International has signed a five-year loan agreement with a member of the World Bank Group, IFC, for US$175 million ($237 million).</p></div>

<div class=newsTextDataWrapInner><p>The loan will be used to finance working capital and capital expenditures for four food-processing plants in Nigeria and India. These include Hemarus sugar mill and spice processing plants in India, as well as sesame hulling and crown flourmill facilities in Nigeria.</p></div>

<div class=newsTextDataWrapInner><p>Olam ended 0.6% higher at $1.73.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

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SINGAPORE (April 19): Agriculture firm Olam International has signed a five-year loan agreement with a member of the World Bank Group, IFC, for US$175 million ($237 million).

The loan will be used to finance working capital and capital expenditures for four food-processing plants in Nig...

Olam International signs US$175 million loan to finance food-processing plants

Former prime minister Datuk Seri Najib Razak on Thursday sought to portray a contrast between his leadership style with the 'work-in-silo' culture in 1Malaysia Development Bhd (1MDB).

1MDB-Tanore trial: Work-in-silo not my leadership style, says Najib

Kepala Batas Member of Parliament Dr Siti Mastura Muhammad has settled the payment of RM830,034.75 in damages and legal costs (including interest) to three DAP stalwarts.

PAS MP Siti Mastura settles payment of RM830k to Kit Siang, Guan Eng and Teresa Kok pending defamation appeal

KUALA LUMPUR (Jan 23): KIP Real Estate Investment Trust (KL:KIPREIT) unitholders have approved the acquisition of four industrial properties associated to its largest shareholder Datuk Eddie Ong Choo Meng, for a total purchase price of RM98.3 million.

KIP REIT unitholders approve RM98m industrial properties buy from Eddie Ong

The announcement last year of potential health insurance premium hikes ranging from 40% to 70% has understandably alarmed policyholders. For a society already bracing for the rationalisation of petrol and education subsidies in 2025, this represents another financial strain that challenges househ...

My Say: Unpacking the steep rise in health insurance premiums

The government does not have a policy to revoke or cancel the driving licences of persons with disabilities (PwD), including those with mental disabilities, but instead, appropriate action is taken based on specific cases, said Transport Minister Anthony Loke Siew Fook.

Revocation of driving licences only in specific cases for persons with disabilities, says Loke

BENGALURU (Jan 22): Tesla will raise prices of all its cars in Canada from Feb 1, according to notices on its Canadian website, with prices of Model 3 going up by as much as C$9,000 (US$6,254.78, or RM27,795).

Tesla to significantly raise prices of all cars in Canada, website shows

Prime Minister Datuk Seri Anwar Ibrahim said the government is working on a more targeted approach for the provision of toll exemptions during festive seasons.

Govt working on targeted toll exemptions for festive seasons, to benefit only B40, M40 — PM

HOUSTON (Jan 23): LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations.

Layoffs of up to 400 employees at the refinery are scheduled to start two months after the shutdow...

Lyondell to begin closure of Houston refinery this weekend, sources say

SEOUL (Jan 23): South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts already weakened domestic demand and threatens to further sap growth in a year of rising external risks under a second Trump presidency.

South Korea's economy barely grew in 4Q2024 as political crisis jolts 2025 outlook

WASHINGTON (Jan 23): Hundreds of Donald Trump supporters who had been serving prison sentences for participating in the Jan. 6, 2021, attack on the U.S. Capitol were freed on Tuesday, after the new president pardoned more than 1,500 people, including some who assaulted police officers.

...

Hundreds of Capitol rioters released from prison after Trump's sweeping pardon

<p>KUALA LUMPUR (Jan 23): The High Court allowed the forfeiture of Ricky Wong Shee Kai’s luxury condominium unit at Four Seasons Place in Kuala Lumpur, as well as RM445,039.28 in the businessman’s personal fixed deposit account.</p>


High Court allows seizure of Ricky Wong's luxury condo unit, fixed deposit

<p>Oriental Kopi Holdings Bhd (KL:KOPI) surged more than 70% during its trading debut on Thursday, following strong demand for the café chain operator’s initial public offering (IPO).</p>


Oriental Kopi hits opening gong with 71% premium on ACE Market debut

<p>Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises, exposing an early internal rift within the White House.</p>


Musk and Altman spar over US$100b AI venture hyped by Trump

<p><i>CNN</i>, a unit of Warner Bros Discovery, plans to lay off hundreds of employees on Thursday, as it refocuses the business around a global digital audience, <i>CNBC</i> reported on Wednesday, citing people familiar with the matter.</p>


CNN and NBC News to lay off employees — report

<p>KUALA LUMPUR (Jan 23): Café chain operator Oriental Kopi Bhd (KL:KOPI), which debuted on the ACE Market of Bursa Malaysia on Thursday, said the company is scaling up its product offerings in the fast-moving consumer goods (FMCG) segment, targeting the launch of over 20 products by year end.</p>


Oriental Kopi aims to launch over 20 fast-moving consumer goods by year end

<p>Gamuda Land, in collaboration with Meaningfull Life, is launching Malaysia’s first integrated eldercare facility within its twentyfive7 township, setting a new benchmark for multi-generational community living.</p>


Gamuda Land unveils Malaysia’s first integrated eldercare facility in twentyfive7

<p>Asia shares rose on Thursday, helped by a jump in their Chinese counterparts on Beijing's latest measures to shore up its crumbling stock market, while elsewhere, investors continued to have their eyes on US President Donald Trump's policy plans.</p>


Asian shares helped by China uplift, Trump's tariff plans hang in the air 

<p>(Jan 23):&nbsp;Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put US$600 billion (RM2.66 trillion)&nbsp;into expanded investment and trade with the United States over the next four years, the Saudi state news agency said early on Thursday.</p>


Saudi Arabia plans US$600 bil in new US investment, trade over four years

<p>China announced plans on Thursday to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the government's latest effort to support equity markets.</p>


China pushes insurers to invest billions in latest move to support market

<p>One of the world’s biggest crop traders has halted loading of grain vessels at US Gulf terminals as the region’s worst snowstorm in 130 years slams the region.</p>


Crop trader declares force majeure along US Gulf during rare southern snow

<p>South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.</p>


SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

<p>More than half of American businesses in China, the highest level in five years, say they are concerned about a further deterioration in the bilateral relationship between the world's two largest economies, a survey published on Thursday showed</p>


American firms in China fearful of US-China trade turmoil at five-year high, survey shows

<p>Samsung Electronics Wednesday unveiled its newest Galaxy S25 smartphones, powered by Qualcomm's chips and Google's artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and fend off Apple and Chinese rivals.</p>


Samsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phones

<p>KUALA LUMPUR (Jan 23): Aeon Co (M) Bhd (KL:AEON) is set to deliver another strong performance in the final quarter of the financial year 2024, with a projected net profit of RM57.3 million, according to CIMB Securities.</p>


Aeon poised for strong 4Q performance on festive season, reopening of stores — CIMB Securities

<p>Prime Minister Datuk Seri Anwar Ibrahim said the government is working on a more targeted approach for the provision of toll exemptions during festive seasons.</p>


<p>The yield gap between Singapore’s ultra-long bonds versus treasuries is expected to expand from already-record levels as the nations’ debt supplies continue to diverge.</p>


Singapore’s record yield gap with US set to widen on debt supply

<p>The share price of Gadang Holdings Bhd (KL:GADANG) may rally on the back of strong earnings growth, following a better-than-expected quarter, TA Securities said.</p>


Gadang shares may rally on strong earnings growth, says TA Securities in upgrade to 'buy'

<p>（吉隆坡23日讯）华阳餐饮（Oriental Kopi Holdings Bhd）（KL:KOPI）今日在大马交易所创业板亮丽登场，首开溢价逾70%。</p>


创业板亮丽登场 华阳飙升70.45%

<p>When President Donald Trump joined tech executives on Tuesday to tout a multi-billion-dollar artificial intelligence project led in part by OpenAI, one question sprang to mind: Where’s Microsoft Corp?</p>


Microsoft poised to benefit from Stargate JV with zero money

<p>US Secretary of State Marco Rubio criticised Beijing’s “dangerous and destabilising” actions in the South China Sea in his early days in office, while reaffirming Washington’s “ironclad” commitment to defend the Philippines.</p>
