In the crowded landscape of the country’s consumer products and services sector, one company has quietly outshone its peers: trading and distribution outfit Harrisons Holdings (M) Bhd (KL:HARISON). Over the past few years, Harrisons has been delivering both revenue and profit growth, even during the disruptive pandemic.

The quiet titan of Malaysia’s consumer sector

Last year was a banner year for Teo Seng Capital Bhd (KL:TEOSENG), with record-breaking sales and earnings, indicating significant market expansion despite a challenging operating environment as inflationary pressures drove up raw material costs.

An egg-cellent year boosted by improved prices, subsidies

Focus Point Holdings Bhd (KL:FOCUSP), operator of Malaysia’s largest optical retail chain store, has been growing from strength to strength in the past few years despite having to face rising costs of doing business while inflationary pressure weighs on consumer spending.

Unwavering focus on the lens of growth

IT has been more than a decade since Axiata Group Bhd (KL:AXIATA) began investing in digital ventures in 2013, with an aspiration to create its own billion-dollar start-up, or what is widely known as a unicorn. While none of those ventures have attained unicorn status yet, Axiata’s current manage...

Cover Story: Axiata still has unicorn aspirations a decade on 

WITH global interest rates no longer on the rise, and at least one major central bank already trimming rates, Edotco Group Sdn Bhd — the world’s sixth largest telecom tower company — is all set for better days ahead, having prepped itself to welcome new strategic partners over the past two years....

Cover Story: Preparing Edotco for a more favourable macro environment

Digital Nasional Bhd announced on Friday that four mobile network operators (MNOs) have completed their respective share subscription agreements (SSAs) and acquired a 16.3% stake each in the 5G special purpose vehicle — higher than the 14% they were initially expected to take up — as Telekom Malaysia Bhd (KL:TM) has yet to complete its SSA.

Maxis, CelcomDigi, U Mobile and YTL Power buy 16.3% stake each in DNB instead of 14%, as TM yet to take up its portion

Sapura Energy Bhd (KL:SAPNRG) has granted chairman Datuk Mohammad Azlan Abdullah leave of absence with immediate effect to allow the 56-year-old to focus on ongoing investigations by the Malaysian Anti-Corruption Commission (MACC) regarding a matter unrelated to the oil and gas engineering group.

Sapura Energy grants chairman leave of absence amid unrelated MACC probe

Permodalan Nasional Bhd’s (PNB) said on Tuesday that its net income grew by 26% last year as the country’s largest fund manager raised investments in fixed income, real estate, private markets and foreign assets.

PNB net income grows 26% in FY2023, optimistic on equity

TEN years since Southern Capital privatised HELP International Corp Bhd (HIC) in 2014, the private equity firm has decided to exit, and the buyer is none other than a consortium of shareholders led by the education group’s founding Chan family.

The family’s private vehicle — CL Heritage...

HELP University founding Chan family buys back controlling stake from Southern Capital 

The government has directed the Malaysian Communications and Multimedia Commission (MCMC) to initiate the process of selecting mobile network operators (MNOs) to develop the country's second 5G network.

Putrajaya instructs MCMC to start process of identifying second 5G network developer

The US Department of Energy (DOE) has designated ally South Korea a "sensitive" country, a spokesperson said on Friday, after the South Korean president briefly imposed martial law and amid talk of Seoul potentially developing nuclear weapons.

US has designated South Korea a 'sensitive' country amid nuclear concerns

OpenAI and billionaire Elon Musk have agreed to fast-track a trial over OpenAI's for-profit shift, the latest turn in a grudge match between the world's richest person and OpenAI chief executive officer Sam Altman playing out publicly in court.

OpenAI and Musk agree to fast-track trial over for-profit shift

At the first cabinet meeting of his second term, US President Donald Trump declared his intention to impose a sweeping 25% tariff on all imports from the European Union. But before opening a European front in his trade war, Trump might want to consider the continent’s economic malaise: the German...

After The Storm: Trump could Trigger a Eurozone Debt Crisis

A total of 112 online fraud cases, resulting in losses of approximately RM1.03 million, were reported in Melaka between Jan 1 and March 13 this year.

RM1.03m lost to online scams in Melaka year-to-date — exco

The Home Ministry, through the Immigration Department, is in the process of extending the Migrant Repatriation Programme, which is set to conclude on March 31.

Home Ministry to extend migrant repatriation initiative

The Trump administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban, according to sources familiar with the matter and an internal memo seen by Reuters.

Trump administration weighs travel ban on dozens of countries, memo says

It is now clear that US President Donald Trump’s administration will betray Ukraine in its fight to resist Russian aggression. Trump himself is either a victim of disinformation, or he is a willing participant in an effort to deceive Americans about the causes and consequences of the war.

...

Unconventional Economic Wisdom: Europe’s Powerful Tool Against Russia

Mark Carney has been sworn in as Canada’s 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the US.

New Canadian PM Carney says there’s progress in US trade talks

US Vice President JD Vance said he expected President Donald Trump to wrap up a deal for TikTok and keep the popular video-sharing app operating in the US ahead of a deadline next month.

Vance tells NBC ‘high-level’ TikTok deal expected by April deadline

EDGE WEEKLY: Dispelling aspersons surrounding EPF’s 6.3% dividend for 2024

Ailing oil and gas player&nbsp;Sapura Energy Bhd (KL:SAPNRG) has been in the news over the past week, but none of the flashes seem to paint a rosy picture of the company.

Rescue mission for Sapura Energy

Incoming Intel Corp chief executive officer Lip-Bu Tan, who was named to the position this week, will receive compensation valued at about US$69 million (RM306.71 million)&nbsp;if he reaches targets over the coming years.&nbsp;

Intel’s Malaysian-born CEO gets pay package valued at about US$69m

Trade wars, tariffs and sanctions have been transformed from economic tools into weapons in a broader struggle for dominance, fostering an atmosphere of suspicion and distrust that is eroding the foundations of international cooperation, according to Prime Minister Datuk Seri Anwar Ibrahim.

Trade wars, tariffs and sanctions weaponised in broader struggle for dominance, says Anwar

Apple Inc’s top executive overseeing its Siri virtual assistant told staff that delays to key features had been ugly and embarrassing, and a decision to publicly promote the technology before it was ready made matters worse.

Apple’s Siri chief calls AI delays ugly and embarrassing, promises fixes

US&nbsp;equities followed European stocks higher on Friday to end a bumpy week on a positive note, although safe-haven gold hit a record high, with investors still showing some signs of anxiety about the economic impact of tariffs.

Stocks rebound after S&P 500 correction; safe-haven gold touches record

Mark Carney has been sworn in as Canada’s 24th prime minister, bringing the former central banker to power in the middle of an explosive trade war with the US.

The&nbsp;Trump&nbsp;administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban, according to sources familiar with the matter and an internal memo seen by Reuters.

The Trump administration said it was optimistic about the possibility of a ceasefire in Ukraine, even as President Vladimir Putin appeared to reject US calls for immediate halt to the violence.

Trump optimistic about Ukraine ceasefire even as Putin balks

The US&nbsp;Department of Energy (DOE) has designated ally South Korea a "sensitive" country, a spokesperson said on Friday, after the South Korean president briefly imposed martial law and amid talk of Seoul potentially developing nuclear weapons.

The Senate passed a Republican spending plan on Friday, averting a US government shutdown hours before a midnight deadline while exacerbating a furious struggle within the Democratic party over how to confront President Donald Trump.&nbsp;

US averts govt shutdown as Senate passes GOP spending bill

US Vice President JD Vance said he expected President Donald Trump to wrap up a deal for TikTok and keep the popular video-sharing app operating in the US ahead of a deadline next month.

The Home Ministry, through the Immigration Department, is in the process of extending the Migrant Repatriation Programme, which is set to conclude on March 31.

At the first cabinet meeting of his second term, US President Donald Trump declared his intention to impose a sweeping 25% tariff on all imports from the European Union. But before opening a European front in his trade war, Trump might want to consider the continent’s economic malaise: the German...

A total of 112 online fraud cases, resulting in losses of approximately RM1.03 million, were reported in Melaka between Jan 1 and March 13&nbsp;this year.

It is now clear that US President Donald Trump’s administration will betray Ukraine in its fight to resist Russian aggression. Trump himself is either a victim of disinformation, or he is a willing participant in an effort to deceive Americans about the causes and consequences of the war.

...

OpenAI and billionaire Elon Musk have agreed to fast-track a trial over OpenAI's for-profit shift, the latest turn in a&nbsp;grudge match&nbsp;between the world's richest person and OpenAI chief executive officer Sam Altman playing out publicly in court.

Chester Tay

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