MALAYSIA Aviation Group Bhd (MAG), parent of Malaysia Airlines Bhd (MAB), recently set a new benchmark for airlines undergoing debt restructuring after completing its own exercise in record time, says Captain Izham Ismail, group CEO of both companies.

“According to the creditors and law...

Cover Story: Izham: Malaysia Airlines’ restructuring now a benchmark

ONE of the five strategic pillars in Malaysia Aviation Group Bhd’s (MAG) new Long Term Business Plan 2021-2025 (LTBP 2.0) is to recapture market share in its home turf — the domestic and Asean markets — that were lost to low-cost carriers (LCCs) over the last several years.

Leading the ...

Cover Story: Regaining lost ground in domestic, Asean markets with Firefly

AS Malaysia Airlines Bhd (MAB) kicks off a new five-year turnaround plan aimed at making it cash flow positive by 2023 by slashing costs while growing revenue, it will be keenly watched for many reasons.

The national flag carrier, which had at the onset of the Covid-19 pandemic in March...

Cover Story: Another reboot – can Malaysia Airlines get it right this time?

HOLIDAY Villa Hotels & Resorts Sdn Bhd recently purchased Crown Regency Serviced Suites Kuala Lumpur, sources say. The Edge has been given to understand that Holiday Villa acquired 82% of the strata units within the 31-storey building for an undisclosed amount from a sole vendor who has not b...

Holiday Villa buys Crown Regency serviced suites, say sources

COMPETITION for the contract to develop and operate the Johor Bahru (JB) elevated autonomous rapid transit (e-ART) is set to heighten as another consortium is said to be throwing its hat into the ring.

SMH Rail Sdn Bhd, a producer of train locomotives in Malaysia, is believed to have pa...

Bidding for Johor Bahru’s e-ART intensifies with SMH Rail poised to join the fray

Perak has emerged as Malaysia’s number one producer of sweet corn for two years, with a production of 17,716 metric tons in 2023, Perak Agriculture Department director Norsiyenti Othman said.

Perak emerges as Malaysia's No 1 sweet corn producer

Local authorities (PBTs) and petty traders must play their respective roles with full trust and responsibility for the sake of harmony and mutual interests, said Minister of Housing and Local Government Nga Kor Ming.

Local authorities, petty traders must follow the law for mutual benefit, says Nga

BURSA Malaysia Securities Bhd will be bustling this week, with delegations from three companies making their debut, starting with Wawasan Dengkil Holdings Bhd on Tuesday (March 25), followed by Chemlite Innovation Bhd the following day and HI Mobility Bhd on Friday (March 28).

Wawasan D...

IPO Watch: A busy week for Bursa with three IPOs lined up

A company auditor lost RM1.29 million after falling victim to a non-existent investment scheme offered via WhatsApp, said Pahang police chief Datuk Seri Yahaya Othman.

Company auditor loses RM1.29m to investment scam

CK Hutchison Holdings Ltd shares dropped the most in nearly two weeks after reports that Hong Kong billionaire Li Ka-shing is considering delaying the signing of a controversial deal to sell the company’s Panama Canal ports to a consortium including BlackRock Inc.

CK Hutchison shares fall as Li Ka-shing said to mull Panama ports deal delay

EXCHANGE-traded funds (ETFs) have garnered widespread popularity in developed markets like the US and Europe, thanks to their cost-effectiveness, liquidity and diversification benefits.

In Malaysia, ETFs are still a relatively underutilised investment option. The first ETF listed on Bur...

Why ETFs are unpopular in Malaysia

GLOBAL financial markets have not been in a good shape since the start of the year. And for more than five months now, foreigners have been net sellers of equities on Asian emerging markets. Last week, a sudden sharp fall in Indonesian stocks raised the alarm about the faltering economic outlook ...

Weak regional sentiment to linger amid Indonesian and Thai market rout, say analysts

World share markets were in a tailspin on Monday after US President Donald Trump said tariffs would essentially cover all countries, stoking worries a global trade war could lead to a recession.

Stocks, oil slide, bonds and gold buoyed as tariffs fan recession fears

CK Hutchison Holdings Ltd&nbsp;shares dropped the most in nearly two weeks after reports that Hong Kong billionaire Li Ka-shing is considering delaying the signing of a controversial deal to sell the company’s Panama Canal ports to a consortium including BlackRock Inc.

Thai police on Sunday arrested four Chinese nationals for unlawfully entering the site of an under construction building that collapsed after a powerful earthquake in the Chatuchak district&nbsp;here, in an attempt to retrieve documents.

Four Chinese nationals detained for illegally entering Bangkok disaster zone to 'retrieve documents'

Volvo Car AB tapped its long-time chief executive officer Hakan Samuelsson to retake the helm, as the Swedish automaker tries to navigate its way out of a malaise worsened by looming US tariffs.

Volvo Car brings back Samuelsson as CEO to steer turnaround

US President Donald Trump said he wouldn’t rule out seeking a third term in the White House, telling NBC News in a phone interview on Sunday that “there are methods” that would&nbsp;allow him to do so.&nbsp;

Trump won’t rule out seeking third term as US president, says there are ways

US President Donald Trump said he plans to start his reciprocal tariff push with “all countries”, tamping down speculation that he could limit the initial scope of tariffs set to be unveiled on Wednesday, April 2.&nbsp;

Trump says reciprocal tariffs set to start with all countries

Gold started the week with a fresh record high, ahead of US President Donald Trump’s expected latest tariff barrage that’s heightened concern of a global trade war.

Gold rises to record as trade-war concerns drive haven demand

Human Resources Minister&nbsp;Steven Sim Chee Keong has never appointed any individual as his adviser.

Sim denies having adviser with 'Tan Sri' title

Thai Prime Minister Paetongtarn Shinawatra topped the list of the citizens’ choice for running the country as most locals support the ruling Pheu Thai Party’s policies, according to an opinion poll.

Thai PM Paetongtarn’s support climbs to 30.9% in poll

Asian leaders face tough decisions as US President Donald Trump’s&nbsp;reciprocal tariffs&nbsp;pose a generational challenge to a region whose economies were built around exports to the US and a world of low trade barriers.

Asia braces for historic test of export model from Trump tariffs

US&nbsp;President Donald Trump said he is considering “secondary tariffs” on Russian oil if Vladimir Putin refuses a ceasefire with Ukraine, while saying he doesn’t think the Russian president will “go back on his word”.

Trump threatens Russian oil penalties in bid to persuade Putin to accept ceasefire

Goldman Sachs Group Inc&nbsp;economists now expect the Federal Reserve (Fed) will cut interest rates three times this year as US President Donald Trump’s tariffs weigh on economic growth and drive up unemployment.

Goldman sees more Fed cuts this year as tariffs dent growth

World share&nbsp;markets&nbsp;were in a tailspin on Monday after US&nbsp;President Donald Trump said tariffs would essentially cover&nbsp;all countries, stoking worries a&nbsp;global&nbsp;trade war could lead to a recession.

A company auditor lost RM1.29 million after falling victim to a non-existent investment scheme offered via WhatsApp, said Pahang police chief&nbsp;Datuk Seri Yahaya Othman.

As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will far outweigh any near-term volatility.

South Korea's short-selling resumption set to entice global funds

The King, Sultan Ibrahim Sultan Iskandar, and&nbsp;the Queen,&nbsp;Raja Zarith Sofiah, performed Aidilfitri prayers at the Federal Territory Mosque in Kuala Lumpur&nbsp;on Monday, in conjunction with the Hari Raya Aidilfitri&nbsp;1446H/2025M celebrations.

King, Queen perform Aidilfitri prayers at Federal Territory Mosque

US President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday, April 5.

Trump says TikTok sale deal to come before April 5 deadline

GLOBAL financial markets have not been in a good shape since the start of the year. And for more than five months now, foreigners have been net sellers of equities on Asian emerging markets. Last week, a sudden sharp fall in Indonesian stocks raised the alarm about the faltering economic outlook ...

US President Donald Trump said he expects consumers to migrate to US-made cars if automakers raise prices in response to the 25% tariffs on all imported vehicles and parts that he has vowed to impose.&nbsp;

Trump hopes new tariffs send buyers to American cars

BURSA Malaysia Securities Bhd will be bustling this week, with delegations from three companies making their debut, starting with Wawasan Dengkil Holdings Bhd on Tuesday (March 25), followed by Chemlite Innovation Bhd the following day and HI Mobility Bhd on Friday (March 28).

Wawasan D...

The deadly&nbsp;Myanmar earthquake&nbsp;is set to hurt foreign tourist arrivals to Thailand in the coming weeks, the latest blow to an industry already reeling from dwindling Chinese visitors worried about travel safety.

Kang Siew Li and Adam Aziz

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Kang Siew Li and Adam Aziz

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