The land acquisition process for the Mass Rapid Transit 3 (MRT3) Circle Line project is expected to be completed in two years, according to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer Datuk Mohd Zarif Hashim.

Land acquisition for MRT3 expected to be completed in two years

Master Tec Group Bhd, which made its debut on the Ace Market on Monday, anticipates an increase of at least 2% in its market share within the Malaysian wires and cable manufacturing industry post-capacity expansion by the second quarter of this year (2Q2024).

Master Tec eyes another 2% market share in cable industry post-capacity expansion in 2Q2024

Power cables maker and distributor Master Tec Group Bhd made a flat debut on ACE Market of Bursa Malaysia on Monday, by opening at its initial public offering (IPO) price of 39 sen.

The opening volume for the stock was 11.36 million shares.

Master Tec opens flat at 39 sen on ACE Market debut

KUALA LUMPUR (March 14): GXBank Bhd and Grab Malaysia have shortlisted eight startup companies to participate in a six-month-long TeXnovasi Accelerator Programme, aimed at driving innovation within Malaysia’s fintech ecosystem.

GXBank, Grab Malaysia shortlist eight startups to drive fintech innovation

The price display rule for medicines at private clinics and hospitals, effective May 1, is not intended to regulate prices but to provide the public with access to information on available medicines, said Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali.

Medicine price display rule aims to inform public, not regulate prices — Armizan

BMW's net profit slumped by over a third in 2024 to €7.68 billion (US$8.32 billion or RM37 billion), in line with market expectations, after weak sales in China and Germany as well as delivery hold-ups, because of problems with a brake, dented performance.

BMW's profit slumps as weak China sales, brake problems plague earnings

PUTRAJAYA (March 14): Former prime minister Datuk Seri Ismail Sabri Yaakob has arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters here for another round of questioning in a corruption and money laundering investigation against him.

Ismail Sabri back at MACC HQ to give statement

A full-scale global trade war would hurt the United States in particular and could re-energise Europe's push towards unity, European Central Bank president Christine Lagarde said on Friday.

Trump's trade war a 'wake-up call' for Europe, Lagarde says

Asian shares rose on Friday and global markets attempted a rebound after a brutal selloff earlier in the week, while gold reached a record as the latest escalation of global trade tensions left nervous investors seeking safe-haven assets.

Shares rise on relief rally; gold at record high as tariff risks lurk

Taiwan's Foxconn, the world's largest contract electronics maker, reported a 13% drop in fourth-quarter profit as weak performance in its consumer electronics division offset strength in its AI server segment business.

World's top electronics maker Foxconn 4Q profit drops 13%

KUALA LUMPUR (March 14): BRDB has acquired land at Wisma Damansara, Kuala Lumpur for a mixed-use development and will partner with British design firm Heatherwick Studio to design the integrated residential, retail and community spaces project that will promote a people-centred living environment.

BRDB, Heatherwick Studio partner on community-centric development in Damansara Heights

A Singapore-based company has been slapped with US sanctions for links to the Iranian oil trade, becoming the first in the city-state to be penalised for assisting with oil transfers at sea.

Singapore shipping firm hit by US sanctions over Iran oil links

Mah Sing DC Hub@Southville City will have a dedicated 25km fibre trunk linking it to Cyberjaya, enhancing regional data centre connectivity and reinforcing its status as a key digital infrastructure hub.

Dedicated fibre trunk to link Mah Sing DC Hub@Southville City and Cyberjaya

China’s top office on Hong Kong issues reposted a sharp attack on CK Hutchison Holdings Ltd for agreeing to sell a controlling stake in Panama ports, warning companies to be very careful about which “side they should stand on.”

China amplifies rebuke of Li Ka-shing’s Panama Port deal with BlackRock

KUALA LUMPUR (March 14): Batik Air has thrown support behind the Subang Airport Regeneration Plan (SARP), urging airline regulators to expedite the allocation for additional slots at Sultan Abdul Aziz Shah Airport, following AirAsia’s plans to relocate its jet operations to Kuala Lumpur International Airport Terminal 2 (klia2).

Batik Air throws support behind Subang Airport's expansion, urges faster slot allocation following AirAsia’s departure

Gold-related counters on Bursa Malaysia surged on Friday as the precious metal, a haven asset for investors, soared to a record high due to rising concerns over the US economy.

Gold counters on Bursa Malaysia surge as safe haven demand rises amid concerns over US economy

KUALA LUMPUR (March 14): Malaysian stocks turned positive after opening lower on Friday, boosted by gains across most Asian markets following news of a potential bipartisan support to avert a US government shutdown.

Malaysian stocks turn positive as investors across Asia cheer potential bipartisan deal to avert US govt shutdown

KUALA LUMPUR (March 14): Forest City is enhancing the infrastructure in southern Johor to support the development of the Special Financial Zone (SFZ) and the Johor-Singapore Special Economic Zone (JS-SEZ), to create a key transportation hub in the region.

Forest City expands transportation infrastructure to support SFZ and JS-SEZ

As US President Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities.

Donald Trump makes Chinese stocks great again

The upcoming Democratic Action Party (DAP) polls may not have the most crowded field for the central executive committee's (CEC) posts. However, it has drawn keen attention as internal rifts have abruptly escalated.

DAP party polls: Guan Eng faces toughest battle yet as internal rifts come into the open

Malaysian sovereign wealth fund Khazanah Nasional Bhd is considering acquiring Innovation Network Corp of Japan’s 21% stake in telecommunications tower company Edotco Group Sdn Bhd, according to people with knowledge of the matter.

Khazanah said to be in talks to buy INCJ stake in tower firm Edotco — Bloomberg

Asian shares rose on Friday and global markets attempted a rebound after a brutal selloff earlier in the week, while gold reached a record as the latest escalation of global trade tensions left nervous investors seeking safe-haven assets.

China stands to gain from the ongoing trade wars between the US and its allies, the European Union’s foreign policy chief Kaja Kallas said in an interview with Bloomberg Television.

China is ‘laughing’ at US trade wars, EU top diplomat says

(March 14):&nbsp;As stocks&nbsp;stumbled&nbsp;in recent weeks, a cohort of Wall Street pros took solace as credit markets held firm and economic data proved benign.

On Thursday, neither offered much relief.&nbsp;

After President Donald Trump escalated his trade war across the ...

Stock turmoil spreads as fear hits the world of corporate bonds

Construction firm Kerjaya Prospek Group Bhd (KL:KERJAYA) has bolstered its outstanding order book to RM4.1 billion with the latest award of a RM11.64 million construction contract in Penang.

Kerjaya Prospek boosts order book to RM4.1b with recent Penang construction job win 

<a href="https://theedgemalaysia.com/node/748019" target="_blank">https://theedgemalaysia.com/node/748019</a>WASHINGTON/BENGALURU (March 13): US&nbsp;automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be levelled in response to US President Donald Trump's aggressive use of tariffs.

Tesla warns it, other major American exporters could face retaliatory tariffs as a result of Trump's trade policies

Malaysiakini reporter B Nantha Kumar, who has been publishing investigative reports exposing migrant worker syndicates, has claimed trial to allegations of receiving a RM20,000 bribe.

Malaysiakini reporter claims trial to RM20,000 bribery charge

(March 14): Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the country’s booming Vaca Muerta fields as several international drillers also look to divest from the region.

Petronas has begun a process that may result...

Petronas evaluating exit from Argentina shale oil venture, Bloomberg reports

Khazanah Nasional Bhd-owned TT Vision Holdings Bhd (KL:TTVHB) has been slapped with an unusual market activity (UMA) query after a sudden spike in its share price on Friday.

Khazanah-owned TT Vision Holdings queried about spike in share price

In a few short weeks, President Donald Trump has started silencing the buy-the-dip stock traders who set the tone on Wall Street for the better part of two decades.&nbsp;

In their place are growing calls to lock in profits and sit on the sidelines while Trump’s trade-war chaos upends the economic outlook — and casts uncertainty over who, if anyone, will emerge as the new era’s stock-market winners.

‘Buy the dip’ calls fade as Trump selloffs rattle Wall Street

HONG KONG/SINGAPORE (March 14): Container-vessel company MTT Shipping Sdn Bhd has revived plans for an initial public offering (IPO) in Malaysia, that could raise as much as US$200 million, according to people familiar with the matter.&nbsp;

MTT Shipping is said to revive US$200m Malaysian IPO plan — Bloomberg

KUALA LUMPUR (March 14): Malaysia’s stock market valuation remains attractive despite global economic uncertainties stemming from escalating trade tensions and US tariff threats, said Rakuten Trade Sdn Bhd head of research Kenny Yee Shen Pin.

Malaysia’s stock market valuation remains attractive amid Trump-driven global uncertainties — Rakuten

President Donald Trump told Nato Secretary General Mark Rutte on Thursday that US control of Greenland is necessary to enhance international security, escalating his campaign to annex the strategic Arctic island.

Choy Nyen Yiau & Cheryl Tan