The Securities Commission Malaysia (SC) rolled out the first cohort of the Leadership Programme of investED, an SC-led flagship capital market graduate programme that was recently launched by Prime Minister Datuk Seri Anwar Ibrahim.

SC launches investED Leadership Programme to enhance graduate employability

Bank Simpanan Nasional (BSN) has inked a strategic partnership with Visa to enable e-commerce for micro, small and medium enterprises (MSMEs).

In a joint statement on Thursday (Aug 3), the two entities said the collaboration led to the creation of a digital commerce training programme called "Accelerate My Business" (AMB), which provides digital disbursement solutions for SMEs to have better financial literacy as well as help them boost their businesses.

BSN and Visa team up to encourage e-commerce among MSMEs

Malaysian Rating Corporation Bhd (MARC) announced a slew of new appointments, including Rajan Paramesran as the new chief executive officer effective Aug 1.

Having joined MARC in 2008, he had been the rating firm’s chief rating officer since 2014.

MARC appoints key executives; Rajan Paramesran named new CEO

KUALA LUMPUR (Aug 3): Mudajaya Group Bhd’s shares and warrants were the most briskly traded securities on Bursa Malaysia in Thursday (Aug 3) morning, after the group secured a RM195.1 million contract for works related to the East Coast Rail Link (ECRL) in Terengganu.

Mudajaya tops Bursa actives list after snaring RM195 mil ECRL job

AMMB Holdings Bhd has begun preliminary discussions with Great Eastern Holdings Ltd over the sale of MetLife Inc’s Malaysian venture.

In a bourse filing on Tuesday (Aug 1), AMMB said the discussions are part of its business review.

AMMB says in talks with Great Eastern over MetLife Malaysian arm sale

MARC Ratings has affirmed its rating of Penang Port Sdn Bhd’s (PPSB) Islamic Medium-Term Notes Issuance Programme of up to RM1.0 billion at AA-IS with a stable outlook.

PPSB’s rating affirmations, including a strong operational track record, healthy cash flow and a long-term concession agreement expiring in March 2055, are considered to be counterbalanced by its moderate equity base and the throughput volume impact regarding the global economic slowdown and geopolitical events.

MARC Ratings affirms stable AA-IS rating for Penang Port

RHB Investment Bank Research has maintained its “buy” rating of MGB Bhd at 70 sen, with a higher target price of RM1 (from 93 sen), after the company signed a joint-venture agreement with SANY Alameriah Industrial (SA) to supply and install precast concrete products as well as operate its manufacturing plant.

RHB keeps 'buy' on MGB, raises target price to RM1

PublicInvest Research has reiterated its “neutral” rating on Homeritz Corp Bhd, and a target price of 48 sen derived from a price-earnings multiple of nine times, as it kept its earnings forecast for the Muar-based furniture maker.

PublicInvest Research cautious on Homeritz’s near-term outlook as high interest rates dampen demand for homes, furniture

CIMB Bank Bhd and CIMB Islamic Bank Bhd are enhancing their GreenBizReady proposition with the Sustainability-Linked Financing (SLF) programme offering RM3 billion worth of financing opportunities for small and medium enterprises (SMEs).

CIMB offers SMEs RM3 bil sustainability-linked financing programme to boost sustainable biz practices adoption

Technology company Sedania Innovator Bhd has lauded measures under the government's newly launched Ekonomi Madani to revive the local equity market, including the automatic transfer of ACE Market-listed companies that meet certain criteria to the Main Market of Bursa Malaysia.

Automatic transfer of ACE Market companies to Main Market a catalyst for local bourse, says Sedania

Malaysia will fortify its position as a centre of competitive trade, finance, and technology amid global changes, says Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia to fortify position as centre of competitive trade, finance and technology — Anwar

The legal practitioner arrested over corruption related to birth registration is suspected of processing birth certificate applications after receiving payment from applicants.

According to a source, applicants were required to make a payment before the legal practitioner processed documents related to birth certificate applications.

Op Birth: Detained legal practitioner assisted syndicate in registering birth

The Malaysian Anti-Corruption Commission (MACC) has opened two investigation papers on the alleged bribery and misappropriation of funds involving Sapura Energy Bhd.

MACC opens two investigation papers involving Sapura Energy

Senate Democratic leader Chuck Schumer had two choices as the clock ticked down to the government funding deadline: drop his threat to block the Republican bill or force a disruptive March 15 shutdown.

Schumer retreats on shutdown threat, enhancing bill’s prospects

US stocks rose on Friday after a broad selloff on Wall Street during the week as investors assessed the fallout of tariff policies on economic growth, while new data signalled deteriorating consumer sentiment and a surge in inflation expectations.

Wall St climbs after string of sharp losses as investors weigh tariff impact

US consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs.

US consumer sentiment drops, price expectations soar on tariffs

US President Donald Trump appealed to Russian President Vladimir Putin to spare the lives of thousands of Ukrainian troops he said were in a “very bad and vulnerable position” and avoid what he said would be a massacre unlike anything since World War II.

Trump asks Russia to spare Ukrainian troops in ceasefire push

Here is a brief recap of some corporate announcements that made news on Friday.

Pertama Digital, MAG, Axiata, HHRG, KJTS, TT Vision, Catcha Digital

President Donald Trump's administration is expected on Friday to move ahead with a second wave of mass firings and budget cuts across the US federal government even as two federal judges ordered it to reinstate thousands of federal workers.

Trump looks to press ahead with more lay-offs even as courts order some reinstatements

Tin prices extended gains to hit the highest in more than two years, as a halt to production at a major mine in Africa that’s threatened by insurgents continues to fan this year’s biggest rally on the London Metal Exchange (LME).

Tin extends LME’s biggest rally as Congo halt deepens shortage

Hong Kong billionaire Li Ka-shing has raised Beijing’s ire by agreeing to sell its control over ports in Panama to appease President Donald Trump. But there may be little the Chinese authorities can do to punish him for it.

Li Ka-shing has little to lose as China threatens Panama deal

Petroliam Nasional Bhd (Petronas) neither denied nor confirmed news that it is evaluating the sale of its shale oil asset in Argentina, but said that it continuously reviews its business portfolio in all countries where it has investments.

Petronas keeps mum on news of its possible exit from Argentina

HHRG Bhd’s largest substantial shareholders, Ch’ng Chen Mong and Tan Poh Cheng, have disposed of their entire 17.77% stake in the Penang-based biomass material manufacturer at a steep discount.

HHRG’s largest shareholders dispose of entire stake at a steep 94% discount

Here is a brief recap of some corporate announcements that made news on Friday.

The Malaysian Anti-Corruption Commission (MACC) has opened two investigation papers on the alleged bribery and misappropriation of funds involving Sapura Energy Bhd.

Chemlite Innovation Bhd’s initial public offering (IPO) was oversubscribed 28 times by retail investors ahead of its listing on the ACE Market.

Chemlite closes IPO applications with 28 times oversubscription

Prawn farming company MAG Holdings Bhd (KL:MAG) has proposed to buy farmland and other assets in Tawau, Sabah for RM39.6 million, in related party transactions.

Prawn producer MAG announces RM40m purchase of farmland and assets in Tawau

KJTS Group Bhd (KL:KJTS) said it has partnered with an affiliate of New York-based investment firm Stonepeak Partners LP to develop, operate and invest in cooling assets.

KJTS to form JV with Stonepeak affiliate to develop cooling assets

US stocks rose on Friday after a broad selloff on Wall Street during the week as investors assessed the fallout of tariff policies on economic growth, while new data signalled deteriorating consumer sentiment and a surge in inflation expectations.

Planning for the raw water distribution project from Sungai Perak to Bukit Merah Dam, partly to support the Kerian Integrated Green Industrial Park (KIGIP) project and to supply treated water to Penang, is now in the final stages.

PM: Planning for raw water distribution from Sg Perak to Bukit Merah Dam in final stages

Danish pension fund AkademikerPension is blacklisting Tesla Inc, citing the company’s record on workers’ rights, as well as the growing risks posed by the actions of Elon Musk.

Danish pension fund dumps Tesla shares over labour rights, Musk’s actions

Nato Secretary General Mark Rutte said relations with Russia should eventually be normalised once the fighting ends in Ukraine.

Nato chief says relations with Russia should be restored after war

A US stock market rocked by President Donald Trump's back-and-forth on foreign import tariffs faces a Federal Reserve (Fed) meeting in the coming week, as investors look for hints about further interest rate cuts that could restore some calm to markets.

Fed on tap for tariff-jolted market as investors look for calm

US President Donald Trump appealed to Russian President Vladimir Putin to spare the lives of thousands of Ukrainian troops he said were in a “very bad and vulnerable position” and avoid what he said would be a massacre unlike anything since World War II.

President Donald Trump's administration is expected on Friday to move ahead with a second wave of mass firings and budget cuts across the US federal government even as two federal judges ordered it to reinstate thousands of federal workers.

CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric vehicle (EV) market put pressure on the Chinese EV battery giant.

China's CATL sees slowest profit growth in six years

Malaysia will fortify its position as a centre of competitive trade, finance, and technology amid global changes, says Prime Minister Datuk Seri Anwar Ibrahim.

Senate Democratic leader Chuck Schumer had two choices as the clock ticked down to the government funding deadline: drop his threat to block the Republican bill or force a disruptive March 15 shutdown.

The legal practitioner arrested over corruption related to birth registration is suspected of processing birth certificate applications after receiving payment from applicants.

According to a source, applicants were required to make a payment before the legal practitioner processed documents related to birth certificate applications.

Tin prices extended gains to hit the highest in more than two years, as a halt to production at a major mine in Africa that’s threatened by insurgents continues to fan this year’s biggest rally on the London Metal Exchange (LME).

Kayla Chan

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Kayla Chan

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌