Malaysia is ageing at a pace far quicker than many other countries have in the past. By 2040, the country is set to see a threefold increase in the old age dependency ratio. This means that for every working age Malaysian adult, there will be three elderly people needing support. Coupled with rising life expectancies and evolving family structures, these shifts will propel an unprecedented surge in care demand in the coming decade.

My Say: Ageing Malaysia must build cradle-to-grave care economy now

The Perak government has refuted the claim by an activist of a non-government organisation (NGO), which has gone viral on social media, that it approved an allocation of RM30 million for the development of Kampung Baru Cina in the state.

Perak denies approving RM30 mil for development of Chinese new village — Saarani

Genting Malaysia Bhd’s (KL:GENM) indirect wholly-owned subsidiaries, video lottery facility operator Genting New York LLC (Genny) and its unit Genny Capital Inc, have priced their offering of US$525 million aggregate principal amount of 7.25% senior unsecured notes due 2029.

The resort operator said the offering is being undertaken by Genny to refinance existing indebtedness.

Genting Malaysia's units price US$525 mil senior notes offering

KUALA LUMPUR (Sept 11): The capital market can be a major catalyst in the climate change transition by channelling investments into key sectors, such as renewable energy, green technologies and sustainable agriculture, said Securities Commission Malaysia (SC) chairman Datuk Mohammad Faiz Azmi.

SC: Capital market key to driving climate transition

Starting from Oct 1, all food and beverages containing sugar will be removed from the list of items eligible for discounts under the Madani Rahmah Sale programme, said Deputy Domestic Trade and Cost of Living Minister Datuk Fuziah Salleh.

Rahmah Sale: No more discounts for sugary items from Oct 1, says Fuziah

Goldman Sachs Group Inc is selling a significant risk transfer (SRT) tied to a portfolio of about US$3 billion (RM13.04 billion) of leveraged loans, according to people with knowledge of the matter.

The bank is selling notes that are tied to a pool of revolving credit facilities and term loans, the people said. Deal terms are still being discussed with potential investors, said the people, who asked not to be identified because the details are private.

Goldman Sachs to sell SRT tied to US$3 bil of leveraged loans

PUTRAJAYA (Sept 11): The government will not compromise on online safety and is committed to implementing more sustainable and effective measures to make the internet safer for children and families, Communications Minister Fahmi Fadzil said.

Fahmi: Govt will not compromise on online safety, committed to sustainable solutions

Singapore is keen to strengthen cooperation with Sarawak, particularly in the renewable energy sector.

Singapore’s Minister for Manpower and Second Minister for Trade and Industry Dr Tan See Leng said Sarawak has huge potential in the renewable energy sector due to its strategic location and vast natural resources.

Singapore keen to enhance renewable energy collaboration with Sarawak

EP Manufacturing Bhd (KL:EPMB) is placing out shares representing 30% of its issued share capital, 15% each to its largest shareholder Mutual Concept Sdn Bhd and a subsidiary of Bermaz Auto Bhd (KL:BAUTO), to raise RM39.65 million to part finance the construction of its manufacturing hub in Melaka.

EPMB places out 30% of its shares, half to largest shareholder and half to Bermaz Auto, to fund new manufacturing plant

KOTA BHARU (Sept 11): The Sessions Court here has set Dec 8 and 9 this year to hear the case of a tour agency manager Hafizul Hawari, 38, who is facing seven charges including unlawful possession of firearms.

KLIA shooting: Court sets Dec 8, 2024 to hear Hafizul’s firearms case

IHH Healthcare Bhd (KL:IHH) said its indirect wholly owned subsidiary, Pantai Holdings Sdn Bhd (PHSB), has lodged documents with the Securities Commission Malaysia for establishing sukuk wakalah programmes of up to RM15 billion.

IHH's unit to establish sukuk wakalah programmes of up to RM15 bil

All 156 units of Sunway Maple Residence Phase 1 in Sunway City Iskandar Puteri (SCIP), Johor, were fully taken up within two hours of the launch last weekend, according to Sunway Property, the real estate arm of Sunway Bhd (KL:SUNWAY), in a media statement on Wednesday.

Sunway City Iskandar Puteri's first freehold landed homes snapped up within two hours of launch

KUALA LUMPUR (Sept 11): Malayan Banking Bhd (KL:MAYBANK) said on Wednesday that it has invested in Funding Societies — the fintech company that operates a digital funding and debt investment platform for small businesses.

Maybank announces investment in Funding Societies

THE idea of developing a third port for Port Klang was first mooted in 2010 as part of the Port Klang Master Plan (2010-2013). But the government had put on hold its plans for the proposed terminal, following criticism from some quarters, who had at the time pointed out that Westports and Northpo...

Special Report:  At long last, Port Klang seems likely to get a third port

The plantation sector is facing increasing pressure, as crude palm oil (CPO) loses its traditional price edge over soybean oil, raising concerns about palm oil's future competitiveness, analysts said.

Palm oil sector faces headwinds as CPO's edge over soybean oil seen narrowing

Democratic Vice President&nbsp;Kamala Harris&nbsp;put Republican&nbsp;Donald&nbsp;Trump&nbsp;on the defensive at a combative presidential debate on Tuesday with a stream of attacks on abortion limits, his fitness for office and his myriad legal woes, as both candidates sought a campaign-altering moment in their closely fought election.

Taylor Swift-backed Harris puts Trump on defensive in fiery debate

Former prime minister Tan Sri Muhyiddin Yassin will continue to stand trial for four abuse of power charges related to the Jana Wibawa programme at the Sessions Court.

Muhyiddin's power abuse trial to continue as appellate court dismisses review bid

KUALA TERENGGANU (Sept 11): Terengganu Incorporated (Terengganu Inc), in collaboration with&nbsp;TNB Power Generation Sdn Bhd (TNB Genco), has launched a floating solar farm at Lake Kenyir, expected to generate up to 2,000 megawatts (MW) of electricity.

Terengganu Inc, TNB Genco launch 2,000MW floating solar farm at Lake Kenyir

A proposed new tax on sugary drinks in the upcoming Budget 2025 will affect manufacturers, including Nestlé (Malaysia) Bhd (KL:NESTLE) and Berjaya Food Bhd (KL:BJFOOD), CIMB Securities said.

High-sugar drinks may cost more under proposed Budget 2025 measure

Mapletree Logistics Trust (MLT) has proposed to divest three of its properties in Malaysia for RM157.5 million.

Mapletree Logistics Trust to divest three Malaysian properties for RM157.5m

KUALA LUMPUR (Sept 11): BIMB Securities has maintained an “overweight” rating on the oil and gas (O&amp;G) sector, despite lowering its 2024 average Brent crude oil forecast to US$80 (RM347)/barrel (bbl) from USD85/bbl, and introducing a 2025 forecast of US$75/bbl.&nbsp;

BIMB Securities keeps ‘overweight’ stance on O&G sector despite lowering its average Brent forecast for 2024

The world’s advanced economies might just have a new reason to hope for a firmer growth footing in the next year, if some of the most bearish forecasts for oil hit the mark.&nbsp;

Oil’s fall into US$60s widens runway for global economy to make soft landing

Kerjaya Prospek Group Bhd (KL:KERJAYA) said on Wednesday it had secured a RM292.8 million contract for building works in Kuala Lumpur.

Kerjaya Prospek gets RM292.8m construction contract

KUALA LUMPUR (Sept 11): Muhammed Yusoff Rawther, who had previously worked with Datuk Seri Anwar Ibrahim when he was opposition leader, has been remanded by the police since last Friday (Sept 4).

Anwar-accuser Yusoff Rawther remanded since Friday over purported drug and pistols found in car

Analysts believe Hong Leong Bank Bhd's (KL:HLBANK) 19.76%-owned listed associate Bank of Chengdu's asset quality should remain resilient, due to excellent precautionary and strict measures taken.

Analysts expect Bank of Chengdu's asset resilience, strict policies to benefit Hong Leong Bank

KUALA LUMPUR (Sept 11): Energy stocks were the largest losers on Bursa Malaysia, fallen all the way back to early this year, as Brent crude oil dipped below US$70 (RM303.15) a barrel&nbsp;on concerns of slowing economic growth.&nbsp;

Energy stocks erase 2024 gains as Brent dips below US$70

KUALA LUMPUR (Sept 11): Former attorney general (AG) Tan Sri Tommy Thomas’ bid to recuse a High Court judge presiding over Tan Sri Shahrir Abdul Samad’s malicious prosecution suit against him will be heard on Nov 6 this year.

Ex-AG Tommy Thomas’ bid to recuse judge in malicious prosecution suit to be heard in November

theedgemalaysia.com&nbsp;highlighted one stock with negative momentum at Bursa Malaysia’s noon market break on Wednesday.

IGB Commercial REIT

(Sept 11):&nbsp;Malaysian home-improvement retailer Mr DIY Group (M) Bhd (KL:MRDIY)&nbsp;is considering listing its Indonesian unit in Jakarta as soon as this year, or early 2025, according to people familiar with the matter.

Mr DIY’s Indonesian unit said to eye IPO in late 2024 — Bloomberg

Malaysia's first luxury airport transit hotel, CapsuleTransit MAX, officially opened on Sept 3, according to a press release on Sept 3.

Malaysia's first luxury airport transit hotel CapsuleTransit MAX opens at KLIA Terminal 2

Financial fraud investigator Richard Templeman told the court here on Wednesday that former&nbsp;1Malaysia Development Bhd (1MDB) CEO Arul Kanda Kandasamy had nothing to do with transactions the company undertook prior to 2015.

Norma Mansor, Lee Min Hui and Calvin Cheng

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