Summary


	Finance Minister II Datuk Seri Amir Hamzah Azizan said SST forces businesses to decide whether to absorb the tax or pass it on to c...

Special Report: SST makes businesses share the tax burden, says Amir Hamzah

Fresh from promoting Malaysia to the world at the IMF-World Bank Group annual meeting in Bangkok (Oct 12 to 18) as head of the country’s delegation, Minister of Finance II Datuk Seri Amir Hamzah Azizan tells The Edge’s Cindy Yeap and Esther Lee more about Malaysi...

Special Report: Institutionalising reforms to build intergenerational wealth and long-term sustainability

Summary

•    Eng Lian group has proposed to take Toyo Ventures private via selective capital reduction (SCR) and repayment scheme at 28 sen per share

•    Toy...

Eng Lian’s costly energy bet on Toyo Ventures ends in 28 sen buyout

FROM a single casino in Genting Highlands, established by the late Tan Sri Lim Goh Tong in the 1960s, the Genting group has grown into a diversified conglomerate with interests spanning gaming, hospitality, leisure and property. It now has gaming operations in multiple markets worldwide.

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Cover Story: As the group expanded, so too did its debt burden 

Summary


	Long considered a safe- haven stock by retail investors, Genting Bhd’s status as a cash cow diminished after the company called for...

Cover Story: Debt repayment looms for Genting

GENTING Bhd (KL:GENTING) made a cash call on Oct 9 to raise RM1.25 billion — 53 years after its first one.

The conglomerate, which was listed in 1971, called for a rights issue in 1973.

At that time, Genting’s call for more cash from shareholders was acceptable. It was a perio...

Cover Story: No further fundraising planned for now, says Genting 

Summary

•    The proposed minimum salary of RM2,500 could lift incomes of fresh graduates and semi-skilled workers, many of whom ear...

Implementation of minimum salary is key to lifting incomes of graduates and semi-skilled workers

THE Madani government’s fifth national budget tabled in Parliament last Friday by Prime Minist...

Cover Story: Translating reforms into more tangible benefits

The week ahead will begin on Oct 19 with the reporting of Malaysia’s September external trade data, keenly watched by economists and the market given the stellar performance so far this year.

Bloomberg estimates put export growth  at 37.4% year on year and imports at 9% y-o-y. The ...

The Week Ahead: Malaysia September export data, two of Magnificent 7 earnings to take spotlight

THE rapid growth in the “buy now, pay later” (BNPL) space in Malaysia is an indication of its fast-growing popularity among consumers in the country.

Based on data furnished by the Consumer Credit Commission (CCC), the total number of BNPL transactions made during the first half of the ...

Cover Story 2: Malaysia’s BNPL industry gets guard rails as outstanding balance reaches RM6.6 bil

BENGALURU (Nov 5): Microsoft will not exercise an option to more than double the size of its existing agreement with AI cloud provider Nscale to rent more computing power at a Texas data centre, according to a person familiar with the matter.

Microsoft will not expand Texas data center deal with UK's Nscale — Reuters

The government’s latest attempt to achieve zero abandoned housing projects by 2030 is through an option to purchase (OTP) mechanism, which Minister of Housing and Local Government Nga Kor Ming says would kick off before the year is out.

The OTP basically provides developers and buyers w...

The REAL deal: OTP: Win-win or a licence to walk away?

COPENHAGEN (Nov 5): Danish shipping group Maersk raised its 2026 profit guidance for a third time on Thursday, as congested ports, strong consumer demand and investments into artificial intelligence kept container freight rates elevated.

Maersk raises 2026 profit guidance again as rates stay high

Indonesian shares jumped more than 3% and the rupiah strengthened on Thursday as bargain hunters returned to beaten-down assets, while Malaysian markets were little changed after the central bank delivered a widely expected hold on rates.

Indonesia shines as beaten-down assets rebound; Malaysia steady after hold

Oil, chip stocks and the dollar were under pressure in Asia on Thursday and just about everything else was up after US voters swept the Democrats to a series of stunning midterm election wins, a result that raised hopes for an end to the US-Iran war.

Chip stocks, oil sink in aftermath of Democratic election sweep

TOKYO (Nov 5): Sony on Thursday reported a 45% rise in second-quarter operating profit to 622.3 billion yen (US$3.95 billion), beating market estimates, due to stronger performance at its games and movies units.

Sony 2Q profit jumps on 'Spider-Man' and PlayStation boost

SD Guthrie Bhd (KL:SDG) is working on deals to expand its newly carved-out midstream palm oil segment.

SD Guthrie working on deals to expand midstream ops, says CEO

BENGALURU/TOKYO/HONG KONG (Nov 5): China's state planner has told Japanese investor SoftBank that it will not allow the US$5.4 billion acquisition of the robotics segment of engineering group ABB to go ahead, the Swiss firm said on Thursday.

China blocks SoftBank’s US$5.4 bil takeover of ABB’s robotics division

SD Guthrie Bhd (KL:SDG) expects its Indonesian production to fall by about 10% next year due to dry weather caused by El Niño, with a potentially bigger impact in 2028 if conditions persist.

SD Guthrie expects Indonesian production to fall 10% next year due to El Niño

Hong Kong’s jewellery and watch sales have surged to their highest level since 2019 despite China’s broader luxury slowdown, as the rich turn to gold and gemstones to preserve wealth amid Beijing’s tightening grip over their offshore investments.

China's crackdown pushes wealthy to gold, lifting Hong Kong jewellery sales

KUALA LUMPUR (Nov 5): Shares of Capital A Bhd (KL:CAPITALA) and AirAsia Group Bhd (KL:AAGB) rose in early trade on Thursday, amid easing crude oil prices,&nbsp;although an analyst cautioned that the rebound may be short-lived given lingering geopolitical uncertainties.

Capital A, AirAsia shares climb as crude oil prices ease further

Malaysia’s central bank is expected to keep interest rates unchanged at its final policy meeting of the year on Thursday while signaling scope for a hike early in 2027 as economic growth remains strong.

BNM set to hold overnight policy rate on strong growth, signal hike in 2027

(Nov 5):&nbsp;The US government borrowed a record US$839 billion in a single week via its sales of Treasury bills and notes — both to repay holders of maturing debt and to raise the additional capital needed to finance the federal deficit.

Auctions of bills, floating-rate notes and Trea...

US Treasury borrows record US$839 bil in single week

Sunway Construction Group Bhd (KL:SUNCON) announced that it has won a RM1.74 billion contract to build a hyperscale data centre in Bandar Serendah, Selangor.

Sunway Construction wins RM1.74 bil contract to build another data centre in Selangor

Oil, chip stocks and the dollar were under pressure in Asia on Thursday and just about everything else was up after US voters swept the Democrats to a series of stunning midterm election wins, a result that raised hopes for an end to the US-Iran war.

Malaysia’s central bank stood pat again on Thursday as most expected, holding that the current benchmark interest rate matches its outlook on inflation and growth.

Bank Negara Malaysia holds policy rate steady

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Summary

<ul>
	<li>The company started as MyEG Services Bhd, providing an e-payment gateway for government departments. It was a shining star until Ma...

Cover Story: How T S Wong lost Zetrix AI’s tech narrative

AS Malaysia continues accelerating towards Industry 4.0 with investments into smart logistics and connected infrastructure, businesses are deploying more IoT devices than before. Adoption momentum is also building, with 78% of enterprises surveyed by Beecham Research either already using eSIMs for IoT or planning to do so. This is in addition to recent trial rollouts from Malaysian telcos, such as CelcomDigi's industrial 5G-enabled intelligent warehouse and U Mobile's 5G-IoT logistics, demonstrating how connected technologies are becoming increasingly integral to business operations.

Commentary: Why eSIM is becoming critical for Malaysia’s next phase of IoT growth

MBSB Research has valued Main Market-bound Big Caring Group Bhd at RM1.20 a share, an 11.1% premium to its initial public offering (IPO) retail price of RM1.08, as it expects the pharmacy chain to deliver stronger earnings growth than its retail peers.

MBSB Research values Big Caring at 11% premium to IPO price, citing faster growth than retail peers

Democrats vowed on Wednesday to use their resounding midterm victory to rein in US President Donald Trump, setting up two years of possible deadlock in Washington, as Trump spent his first post-election appearance showing off his under-construction White House ballroom.

Democrats flex congressional majorities as Trump accepts electoral losses

Elon Musk’s Texas-based empire is coming under investor scrutiny after Democrats clinched unlikely wins in his adopted state on their way to taking control of Congress.

Texas blue wave erases US$130 bil from Musk stocks

Brent oil pushed lower on Thursday after tumbling more than 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the war in the Middle East.

Oil extends slide after plunging 8% on hopes to end US-Iran war

Velesto Energy Bhd (KL:VELESTO) is now more attractive with a stronger earnings outlook as the last of its idle drilling rig returns to work, analysts said on Thursday.

Velesto now more attractive as Naga 3 returns to work, analysts upgrade

Embattled Zetrix AI Bhd (KL:ZETRIX) has launched a digital identity service for artificial intelligence (AI) agents in partnership with China's Academy of Information and Communications Technology (CAICT), as it seeks to commercialise its AI-related investments following RM3.7 billion in development spending.

Embattled Zetrix AI launches AI agent identity service after RM3.7 bil development spending

IN 2017, Wong Thean Soon debuted at 33 on Forbes’ list of Malaysia’s richest with a net worth of US$330 million, based on his shareholdings in My E.G. Services Bhd, since renamed Zetrix AI Bhd (KL:ZETRIX).

Forbes said of Wong and Zetrix AI back then, “In 2000, he launched MyEG Services ...

Cover Story: What’s left in Zetrix AI?

Any pullback in technology stocks following the US midterm elections could present a buying opportunity, said BIMB Securities, which expects long-term demand for artificial intelligence (AI) infrastructure to persist.

BIMB says buy the dip in Malaysian tech stocks as AI demand remains intact

Muar Member of Parliament Syed Saddiq Syed Abdul Rahman is working to settle his suit with the prime minister and the government over the withheld parliamentary allocation for his constituency.

Syed Saddiq to settle suit against govt over withheld Muar allocation

SD Guthrie Bhd (KL:SDG) reported a 17% decline in third-quarter earnings though the world’s largest palm oil producer by acreage is still confident of ending the year strong.

SD Guthrie reports 17% drop in 3Q earnings, says still on track for strong year

Japanese retail chain Daiso Malaysia Group Sdn Bhd has officially opened its RM1.2 billion Global Distribution Centre (GDC) at Taman Perindustrian Samudera, Pulau Indah, reinforcing Malaysia’s positioning as a premier regional supply chain and logistics hub.

Japan's Daiso opens its largest ever logistics hub in Pulau Indah

The two lower-ranking police officers whom Datuk Seri Mohd Shuhaily Mohd Zain allegedly assaulted in a viral CCTV footage are suing the Border Control chief for assault and battery.

Esther Lee

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Esther Lee

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