Chengco PLT said it has taken corrective steps to strengthen its audit framework after the Securities Commission Malaysia's Audit Oversight Board (AOB) suspended the firm's registration for two years due to "serious audit quality issues".

Chengco vows to improve audit practices after being suspended over 'quality issues'

IOI Corp Bhd (KL:IOICORP) said former Bursa Malaysia Bhd (KL:BURSA) chairman Tan Sri Abdul Wahid Omar will join its board as a senior independent and non-executive director on June 16, 2025.

The announcement on Friday comes after Abdul Wahid's appointment to the board of Cypark Resources Bhd (KL:CYPARK) last week as its chairman.

Abdul Wahid Omar to join IOI Corp's board as independent director

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI falls 0.56% to 1,518.11 on June 13, 2025

The Malaysian Aviation Commission (Mavcom) on Friday urged passengers affected by Jetstar Asia Airways Pte Ltd's (Jetstar Asia) upcoming operational cessation to contact the airline directly for assistance with their travel bookings. Mavcom also said consumers can reach out to its own channels for support.

Jetstar Asia's ops ceasing: Mavcom advises affected passengers to seek assistance

More than half of Malaysian businesses are grappling with rising costs stemming from global trade tensions and are pivoting towards domestic markets and supply chain adjustment, according to the findings of a survey by HSBC.

Tariff-driven costs pushing Malaysian firms to focus on domestic markets, HSBC poll finds

GDB Holdings Bhd (KL:GDB) said its non-executive chairman Tan Sri Zaini Omar has resigned from the position due to health issues.

Zaini, 76, is replaced by Datuk Chia Lui Meng with effect from Thursday (June 12), said the construction services company in a bourse filing.

GDB chairman Zaini Omar resigns due to health issues, Chia Lui Meng takes over

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Thursday

FBM KLCI rises 0.18% to 1,526.62 on June 12, 2025

DESPITE US President Donald Trump calling for an end to the subsidies made available under his predecessor Joe Biden’s CHIPS and Science Act, the law’s rippling effects are already felt in Penang, Malaysia’s semiconductor assembly and testing hub.

The CHIPS — or Creating Helpful Incenti...

Cover Story: Chipped away? Strengthening Malaysia’s position in a reshoring world

MALAYSIA’s neutral stance in the escalating US-China tech cold war is becoming increasingly difficult to maintain as geopolitical tensions mount and global semiconductor supply chains undergo a major realignment.

Since former US president Joe Biden signed the CHIPS and Science Act in Au...

Cover Story: Malaysia walks a tightrope in multipolar chip war

Kenanga Investment Bank Bhd (KL:KENANGA) is setting up an Additional Tier 1 Capital Securities (AT1CS) programme with a nominal value of up to RM500 million.

Kenanga IB to raise up to RM500 mil via additional Tier 1 bonds

Iran and Israel traded missiles and airstrikes on Saturday, the day after Israel launched a sweeping air offensive against its old enemy, killing commanders and scientists and bombing nuclear sites in a stated bid to stop its building an atomic weapon.

Israel threatens to make Tehran 'burn' after Iranian retaliatory strikes

US President Donald Trump's administration has told immigration officials to largely pause raids and arrests in the agricultural industry, hotels and restaurants, the New York Times reported on Friday.

US immigration officials told to largely pause raids on farms, hotels — report

Thai and Cambodian officials met on Saturday to try to ease tensions amid fears of military clashes after a long-running territorial dispute reignited, leading both countries to mobilise troops on the border.

Thailand and Cambodia meet to address simmering border tensions

The European Central Bank's inflation target of 2% is in reach, ECB President Christine Lagarde was quoted as saying in an interview published on Saturday.

ECB's Lagarde says 2% inflation target in reach — report

India said that eight of the 34 Boeing Co 787 planes in the country have been inspected following the fatal crash of an Air India 787 Dreamliner on Thursday that killed all but one of the 242 people on board.

India begins inspections of nation’s 787 jets after fatal crash

There is no indication of mechanical failure or excessive wear in the braking, steering and suspension systems of the bus involved in the fatal crash involving Sultan Idris Education University (UPSI) students in Gerik, Perak, said the Ministry of Transport (MOT).

No signs of brake, steering failure in Gerik crash, says MOT

For the first time, the government has announced a one-year exemption from training levy payments for all private educational institutions, effective Jan 1, 2026.

Private educational institutions to get one-year training levy waiver from 2026 — Anwar

The Malaysian Media Council (MMC) Act comes into effect on Saturday, Communications Minister Datuk Fahmi Fadzil said.

Malaysian Media Council Act comes into force today, marking new chapter in media reform — Fahmi

Malaysia has issued a travel advisory for Iran, Iraq and Jordan amid tensions between Iran and Israel, urging its citizens to defer non-essential travel and prioritise their safety.

Malaysia issues travel advisory for Iran, Iraq and Jordan amid Iran–Israel tensions

Iran said the dialogue with the US over Tehran's nuclear programme is "meaningless" after Israel's biggest-ever military strike against its longstanding enemy, but said it is yet to decide on whether to attend planned talks on Sunday.

Iran says talks with US 'meaningless' after Israel attack, but yet to decide on attending

Iran and Israel traded missiles and airstrikes on Saturday, the day after Israel launched a sweeping air offensive against its old enemy, killing commanders and scientists and bombing nuclear sites in a stated bid to stop its building an atomic weapon.

Airbus SE said the fatal accident on Thursday in India involving a Boeing Co airliner should spur the industry as a whole to advance its safety culture, dismissing the notion that the crash could bring a competitive edge to one planemaker over the other in the global duopoly.&nbsp;

Airbus says Air India accident is learning moment for industry

Even though the Attorney General's Chambers (AGC) has asked the public to refrain from speculating about Muhammad Yusoff Rawther's recent acquittal in court, the matter has already seen open discourse since his arrest in September last year, the law firm representing him said.

Public discourse on Yusoff Rawther started before verdict, says lawyer

Donald Trump reported more than US$600 million (RM2.55 billion) in income from crypto, golf clubs, licensing and other ventures in a public financial disclosure report released on Friday that provided a glimpse of the vast business holdings of America’s billionaire president.

Trump reports more than US$600m in income from crypto, golf, licensing fees

Malaysia has issued a travel advisory for Iran, Iraq and Jordan amid tensions between Iran and Israel, urging its citizens to defer non-essential travel and prioritise their safety.

There is no indication of mechanical failure or excessive wear in the braking, steering and suspension systems of the bus involved in the fatal crash involving Sultan Idris Education University (UPSI) students in Gerik, Perak, said the Ministry of Transport (MOT).

Boeing delivered a new 787-9 aircraft to China's Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease.

Boeing resumes China deliveries with 787-9 jet to Juneyao Airlines — report

Minister of Communications Datuk Fahmi Fadzil on Saturday announced that the founding board of the Malaysian Media Council (MMC) has been finalised.

Appointment of Malaysian Media Council founding board finalised — Fahmi

For the first time, the government has announced a one-year exemption from training levy payments for all private educational institutions, effective Jan 1, 2026.

The death toll in the deadly Air India plane crash rose to 270 on Saturday, with families increasingly getting upset due to delays in handing over bodies which were badly charred in the tragedy in the western Indian city of Ahmedabad.

Air India crash death toll hits 270, families wait for bodies

Vietnam's National Assembly on Saturday approved a proposal to raise the special consumption tax on alcoholic beverages to 90% by 2031 from the current 65%, a move that will add to challenges facing the industry even though the top rate won't be as high as first flagged.

Vietnam parliament approves hiking tax on alcoholic drinks to 90% by 2031

Ashton Hall’s morning routine involves dunking his head in iced Saratoga Spring Water. For the company that sells the bottled water — Hall’s brand of choice for drinking, brushing his teeth and submerging himself — that’s fantastic news.

Influencer marketing gains ground as global ad budgets tighten

Platinum fell by the most in more than three years as market tightness began to ease and conflict in the Middle East prompted global investors to reduce risk.

Platinum tumbles as traders reduce risk on Middle East tension

Nippon Steel Corp won conditional US approval for its US$14.1 billion (RM59.86 billion) purchase of United States Steel Corp, capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.

US Steel sale to Nippon Steel poised to close after Trump deal

Iran said the dialogue with the US over Tehran's nuclear programme is "meaningless" after Israel's biggest-ever military strike against its longstanding enemy, but said it is yet to decide on whether to attend planned talks on Sunday.

The Federal Reserve's (Fed) balancing act between concerns about a weakening labour market and still above-target inflation will take centre stage for investors in the coming week as they weigh risks to the rally in the US stock market.

Fed meeting in focus next week as investors seek rate-path hints

US President Donald Trump's administration has told immigration officials to largely pause raids and arrests in the agricultural industry, hotels and restaurants, the New York Times reported on Friday.

The Malaysian Media Council (MMC) Act comes into effect on Saturday, Communications Minister Datuk Fahmi Fadzil said.&nbsp;

US Marines deployed to Los Angeles made their first detention of a civilian on Friday, part of a rare use of military force to support domestic police and coming ahead of national protests over President Donald Trump's military parade in Washington.

US Marines make first detention in LA as more protests expected

“Be slow to fall into friendship; but when thou art in, continue firm and constant.”

— Socrates (470 to 399 BC), Greek philosopher, credited as the founder of Western philosophy

&nbsp;

In 1980, at the bus ...

Justin Lim

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Justin Lim

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌