<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Malaysia Weekly on May 20, 2019 - May 26, 2019</span></p></div><div>
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Although mobile commerce is booming globally, Malaysians still prefer to shop online using desktops. Only one out of three transactions last year was made with the use of a mobile device, according to Picodi.com. Here are some interesting figures on how Malaysians shop online, based on the global e-commerce platform’s internal data last year.

Online shopping habits of Malaysians

Amendments to the Shariah Criminal Code Enactment (1) Kelantan 2019 will be tabled in July, said Kelantan Deputy Menteri Besar Datuk Dr Mohamed Fadzli Hassan.

He said two committees — the main committee and the technical committee — are currently holding meetings and carrying out preparatory work ahead of the tabling of the amendments.

Kelantan to table shariah enactment amendments in July, says deputy MB

Since its inception in February, Moomoo Securities Malaysia Sdn Bhd has garnered over 500,000 users on its stock trading app. This is partly due to its rapid launch of new products and solutions to level the playing field in the world of investing. It aims to enable the man in the street to parti...

News: Levelling the playing field

Hong Seng Consolidated Bhd (KL:HONG­SENG) proposed a private placement to raise gross proceeds of RM4.6 million, based on an illustrative price of 0.9 sen per share, in October 2024.

Frankly Speaking: Hong Seng’s unfruitful glove venture

Allianz Malaysia Bhd’s (KL:ALLIANZ) earnings outlook is clouded by uncertainties over future premium increases, Maybank Investment Bank said and downgraded the country’s largest general insurer.

Allianz Malaysia's earnings outlook clouded by premium uncertainties, Maybank says in downgrade to 'hold'

KUALA LUMPUR (Jan 13): Malaysians are entering the new year more optimistic on the global economy compared to 2024, despite elevated concerns about inflation, taxes and the potential for new global crises, an Ipsos survey found.

Malaysians more optimistic on global economy in 2025 — survey

A Malaysian male and six volunteer defence personnel were injured in a bomb explosion near the Mueang Pattani district police station in the Pattani province, southern Thailand, on Monday morning.

Malaysian among those injured in bomb explosion near Thai police station

The Road Transport Department (JPJ) has conducted inspections at 37 Computerised Vehicle Inspection Centres (Puspakom) nationwide, resulting in the seizure of commercial vehicles that violated the Road Transport Act 1987.

JPJ inspects 37 Puspakom centres, seizes commercial vehicles for violations

(Jan 13): The European Central Bank (ECB) is likely to reduce interest rates further, in order to ensure it delivers on its price stability mandate, according to chief economist Philip Lane.

More ECB policy easing in cards amid risks, Lane says

Malaysian stocks were broadly lower on Monday led by construction and property companies, while the country’s benchmark index fell to a five-month low.  

The FBM KLCI was down 1.2% to 1,583.02 at the noon trading break, its lowest since Aug 8, 2024. YTL Power International Bhd (KL:YTLPOWR) slipped more than 6%, amid rising concerns over US restrictions on advanced chip exports affecting its data centre projects.

Malaysian stocks broadly lower, KLCI down to five-month low

pitchIN, the largest equity crowdfunding (ECF) platform, isn’t resting on its laurels. It launched two initial exchange offering (IEO) campaigns this year, opening up new avenues for investors to participate in the growth of blockchain projects and businesses initiated by start-ups and companies....

Private Companies And Cryptocurrencies: pitchIN on a roll

<p>Stocks slid broadly in Asia on Monday while the dollar hit 14-month peaks in the wake of an unambiguously strong payrolls report that pushed up bond yields and tested lofty equity valuations just as the earnings season gets under way.</p>


Stocks slide, dollar strong as markets wonder if Fed is done

<p>Prospect Medical Holdings Inc, once an active buyer of cash-strapped hospitals, filed for bankruptcy after struggling with debt piles and soaring costs.</p>


Private hospital owner Prospect Medical files for bankruptcy

<p>The government on Monday wants to apply for a gag and prohibitive order to refrain the public from discussing issues pertaining to a purported addendum allowing former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest, as it involves sensitive matters.</p>


Govt wants prohibitive and gag order on addendum

<p>KUALA LUMPUR (Jan 13): Tun Dr Mahathir Mohamad failed in his judicial review application to challenge the Pulau Batu Puteh Royal Commission of Inquiry’s decision not to allow the presence of his lawyers during the proceedings.</p>


Court dismisses Dr M’s bid to challenge decision to not allow his lawyers to be at Batu Puteh RCI

<p>(Jan 13): The UK is planning special districts for constructing data centres and will explore dedicating nuclear energy to the sites as part of a Labour government project to boost technology growth and the ecosystem for artificial intelligence (AI).</p>


UK will explore nuclear power for new AI data centre plan

<p>Malaysian stocks were broadly lower on Monday led by construction and property companies, while the country’s benchmark index fell to a five-month low. &nbsp;</p>

<p>The FBM KLCI was down 1.2% to 1,583.02 at the noon trading break, its lowest since Aug&nbsp;8, 2024. YTL Power International Bhd (KL:YTLPOWR) slipped more than 6%, amid rising concerns&nbsp;over US restrictions on advanced chip exports affecting its data centre projects.&nbsp;</p>


<p>City Motors Group has officially opened its 42-storey Alfa Bangsar mixed-use development located at the intersection of Jalan Maarof and Jalan Tandok in Bangsar, Kuala Lumpur, last Friday (Jan 10).</p>


City Motors Group officially opens Alfa Bangsar and Holiday Inn Kuala Lumpur Bangsar

<p>Local institutions supported Bursa Malaysia for the 12th consecutive week, with net purchases of RM281.9 million, according to MIDF Amanah Investment Bank Bhd.</p>


MIDF: Local institutions back Bursa Malaysia for 12th straight week

<p>KUALA LUMPUR (Jan 13): Rising production and delays in implementing biodiesel mandates in Indonesia may weaken palm oil prices beyond the first quarter of 2025, even as latest data show a 19-month low stockpile, analysts say.</p>


Rising production, Indonesia’s biodiesel delays likely to weaken CPO prices — analysts

<p>DATA centres (DCs), which have grown in importance in the age of digitalisation, took centre stage in 2024 owing to the massive foreign direct investments (FDI) into the sector and Putrajaya’s recent approval of a total DC capacity of 4gw, making Malaysia a “DC powerhouse” in the region and a pro...

Stories Of The Year: Can Malaysia capitalise on its data centre ambitions?

<p>(Jan 13): Oil extended gains to hit a more than four-month high, as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp crude supplies in an already-tightening global market.</p>


Oil hits four-month high after sweeping US sanctions on Russia

<p>For years it’s seemed like nothing could stop the stock market’s inexorable march higher, as the S&amp;P 500 Index soared more than 50% from the start of 2023 to the end of 2024, adding US$18 trillion (RM81.16 trillion) in value in the process. Now, however, Wall Street is seeing what can ultimately derail this rally: treasury yields above 5%.</p>


S&P’s US$18 trillion rally threatened by psychology of 5% yields

<p>(Jan 13): The South Korean won may extend losses after sliding to the lowest since 2009, as political risks and slowing economic growth reinforce the case for more interest-rate cuts.</p>


Won near key psychological level adds to Korea’s mounting woes

<p>Malaysia’s wholesale and retail trade growth decelerated to 4.7% year-on-year in November, largely driven by sales in non-specialised and specialised stores, official data on Monday showed.</p>


Malaysia's wholesale and retail trade growth slows in November, official data show

<p>Europe’s largest pension fund sold its entire €571 million (US$585 million or RM2.63 billion) stake in Tesla Inc&nbsp;in the third quarter, partly due to disagreement with Elon Musk’s remuneration package.</p>


Europe’s largest pension fund sold Tesla stake over Musk’s pay

<p>For those unsettled by the relentless rise in government bond yields in the US and across much of the world lately, the message from markets is getting clearer by the day: Get used to it.</p>


Global bond tantrum a wrenching and worrisome start to new year

<p>Al-Salam Real Estate Investment Trust (KL:ALSREIT) will see “significant” rental growth from this year onwards thanks to higher occupancy at its most valuable property, BIMB Securities said.</p>


Al-Salam REIT to see significant rental growth in 2025 onwards, BIMB says in starting coverage with 'buy' call

<p>SINGAPORE (Jan 12): All eight crew members of the sunken Malaysia-registered tanker&nbsp;<em>Silver Sincere,&nbsp;</em>which sank near Pedra Branca,&nbsp;were rescued by the Indonesia-registered freighter&nbsp;<em>Intan Daya 368</em>&nbsp;on Sunday.</p>


Eight crew members rescued after Malaysia-registered tanker sinks near Pedra Branca

<p>OF the 55 initial public offerings (IPOs) on Bursa Malaysia this year, only 11 were listed on the Main Market. Of these, one stood out as the largest IPO on the local bourse in the last seven years and also the biggest retail IPO in Asean since 2020.</p>

<p>The bragging rights belonged to 99 S...

Deals Of 2024: Best Initial Public Offering | Main Market - 99 Speed Mart becomes FBM KLCI constituent after robust growth in market value

<p>IN 2024, the performance of Malaysian semiconductor-related stocks was a tale of two halves, reflecting the sector’s exposure to global economic shifts and geopolitical uncertainties.</p>

<p>In the first half, technology stocks generally delivered positive returns, driven by the artificial int...