<div class=newsTextDataWrapInner>SINGAPORE (April 1): SIA Engineering Company (SIAEC) has signed a new comprehensive services agreement with parent company Singapore Airlines (SIA) for a term of 2 years, with an option to renew for a further period of 2 years.</div>

<div class=newsTextDataWrapInner>If the agreement is renewed after the first two years, it is expected to yield SIAEC a labour revenue of around S$1.3 billion to S$1.4 billion over four years.</div>

<div class=newsTextDataWrapInner>The new agreement will commence on April 1, 2019. It will supersede the previous services agreement entered into in April 2015.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>The services agreement will see<a href="https://www.theedgesingapore.com/sia-engineering-sia-sign-new-services-agreement-worth-14-bil" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div>

SIA Engineering Company (SIAEC) has signed a new comprehensive services agreement with parent company Singapore Airlines (SIA) for a term of 2 years, with an option to renew for a further period of 2 years.

SIA Engineering, SIA sign new services agreement worth up to S$1.4 bil

Malay rights activist Datuk Ibrahim Ali told the High Court that former prime minister Datuk Seri Najib Razak was dishonest with him about the source of RM600,000 given to him in 2015.

Ibrahim Ali says unaware of source of RM600,000 given to him by 'dishonest' Najib

The US military's Typhon launchers which can fire multi-purpose missiles up to thousands of kilometres will stay in the Philippines for the time being, the national security adviser to President Ferdinand Marcos Jr said on Friday.

National Security Adviser Eduardo Ano told reporters the launchers will stay on Philippine shores "for now", a day after Reuters reported that the launchers were moved to a new location within the island of Luzon from the northern Laoag airfield.

US Typhon missile to stay in Philippines for now, says top security official 

Oversea-Chinese Banking Corp’s (OCBC) chief executive officer made a fresh effort to win over key shareholders of a Singapore insurer that the bank has been trying to take full control of for over two decades.

OCBC CEO met key Great Eastern deal holdouts on US$1b bid — Bloomberg

A duty manager of a hotel was sentenced to 12 months in jail and two strokes of the rotan by the Sessions Court here on Friday after pleading guilty to a charge of criminal breach of trust (CBT) amounting to more than RM30,000 in hotel room payments.

Hotel duty manager jailed 12 months for CBT

US President Donald Trump said he would prefer not to have to impose tariffs on China, while at the same time highlighting the influence he sees his threats having over the Asian nation’s actions.

Trump would ‘rather not’ put tariffs on China, maintains threat

US President Donald Trump sought to dial up pressure on President Vladimir Putin to negotiate a deal to end Russia’s war on Ukraine by indicating he’s seeking to partner with China to try to reach a settlement.

Trump looks to China to press Putin into a deal to end war

The government has agreed to provide a 50% discount on toll rates for all Class 1 (private) vehicles on Jan 27 and 28, in conjunction with Chinese New Year 2025, said Works Minister Datuk Seri Alexander Nanta Linggi.

CNY toll discount of 50% on all highways on Jan 27-28, following Cabinet's latest decision — Nanta

The intraday short selling (IDSS) of Tanco Holdings Bhd’s (KL:TANCO) shares has been suspended for the rest of the day after its last done price dropped more than 15% or 15 sen from its reference price.

Bursa Malaysia suspends short-selling of Tanco's shares

The government and Public Services Department (PSD) have filed an appeal over the High Court’s decision in the case involving Aminah Ahmad and more than 50 other pensioners.

A notice of appeal was filed by the Attorney General's Chambers on Jan 23 stating that they are appealing the entirety of High Court judge Datuk Amarjeet Singh Serjit Singh’s decision that in effect gave pension increments to entitled civil servant retirees.

Govt files appeal over Aminah’s pension case that will affect nearly one million former civil servants

Kuala Lumpur-based Majestic Gen Sdn Bhd launched its maiden project — a serviced apartment project called Gen Rise — in Johor on Jan 11.

With a gross development value (GDV) of RM563 million, Gen Rise will occupy a 1.14-acre plot of land on which Hotel Sentral Johor Bahru was formerly l...

Majestic Gen launches first project in Johor

Shares of YTL Corporation Bhd (KL:YTL) and YTL Power International Bhd (KL:YTLPOWR) fell on Friday in active trade after the companies revealed plans to issue non-tradable warrants exercisable at a discount to market prices.

YTL Corp, YTL Power shares down in active trade after plan to issue non-tradeable warrants

China’s straitened economic circumstances are being reflected in Lunar New Year travel plans, with many choosing cheaper domestic trips or nearby destinations in Asia.

Chinese tourists avoid far-flung trips over Lunar New Year holiday

After almost two years of suspension, the automated people mover system (aerotrain) at the Kuala Lumpur International Airport (KLIA) is now targeted to resume operations by the second quarter of 2025, subject to the testing and commission progress.

KLIA aerotrain to resume operations by 2Q, says MD of MAHB

US President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile, making good on his promise to quickly overhaul US crypto policy.

Trump orders crypto working group to draft new regulations, explore national stockpile

Malaysian Resources Corporation Bhd (KL:MRCB) will have a long road ahead in gestating the development of the newly secured Ipoh Sentral project that will span 20 years in phases, analysts said.

Long road ahead for MRCB with Ipoh Sentral project, analysts say

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.

BOJ raises interest rates to highest in 17 years, yen jumps

Mitsubishi Motors Corp won’t be a part of Honda Motor Co and Nissan Motor Co’s plans to combine their companies under a holding company, the Yomiuri reported.

Mitsubishi Motors won’t join Honda, Nissan tie-up — report

Singapore's central bank on Friday loosened its monetary policy, the first such move since 2020, saying it expects inflation and growth to be slower than it initially forecast this year.

Singapore central bank eases monetary policy, first time since March 2020 

The first subsea cable system directly connecting Singapore to the American west coast has been granted a landing licence by the US, according to Keppel Ltd, bolstering the city-state’s push as Asia’s leading digital hub.

US-Singapore subsea cable seen worth US$760m gets approval

Malaysian Resources Corp Bhd (KL:MRCB) is partnering with Melaka Corp to develop a hospital on a parcel of land in Melaka Tengah, that will have an estimated gross development cost of RM520 million.

MRCB forms JV with Melaka Corp for RM520m hospital project

Global shares rose on Friday buoyed by the prospect of a softer stance on tariffs on China and lower US rates following comments from President Donald Trump, while the yen firmed after the Bank of Japan delivered a widely expected rate hike.

Trump's comments on tariffs, rates spark share rally

A lawsuit by 1Malaysia Development Bhd (1MDB) and its subsidiaries against former prime minister Datuk Seri Najib Razak and former management staff will get a new judge.

1MDB lawsuits to get new judges

The government has agreed to provide a 50% discount on toll rates for all Class 1 (private) vehicles on Jan 27 and 28, in conjunction with Chinese New Year 2025, said Works Minister Datuk Seri Alexander Nanta Linggi.

US President Donald Trump said he would prefer not to have to impose tariffs on China, while at the same time highlighting the influence he sees his threats having over the Asian nation’s actions.&nbsp;

Former prime minister Tan Sri Muhyiddin Yassin has fully deposited the judgment sum of RM1.35 million in damages to former Penang chief minister Lim Guan Eng’s lawyers, pending his appeal at the Court of Appeal.

Muhyiddin settles payment of RM1.35m in damages to Guan Eng pending defamation appeal

Analysts see China’s latest initiatives injecting at least one trillion yuan (US$138 billion or RM608.44 billion) of additional flows in 2025 into its ailing stock market, with the most bullish calculation by JPMorgan Chase &amp; Co&nbsp;totalling 13 trillion yuan over three years.

China’s new rules to add US$138b into market, analysts say

Former prime minister Datuk Seri Najib Razak has finally been released from the witness stand, after testifying for 26 days in the 1Malaysia Development Bhd (1MDB)-Tanore trial.

1MDB-Tanore: Najib wraps up 26-day testimony on the stand

As an export-driven economy, Malaysia faces challenges this year in keeping up with policy shifts made by its third largest trading partner, the US, according to AmBank.

Malaysia faces challenges keeping pace with US policy shifts, says AmBank economist

TikTok’s Chinese parent company has just over two months to find a buyer for the app’s US business or face a nationwide ban, after getting a time&nbsp;extension from US President Donald Trump.&nbsp;There is already competition to own it.

TikTok’s possible buyers, from Elon Musk to MrBeast

Malaysia is expected to see continued growth in consumer spending throughout 2025, with real household spending forecasted to increase by 5.2% year-on-year, driven by a favourable macroeconomic environment, according to BMI, a Fitch Solutions unit.