AT the time of writing, the 2019 novel coronavirus (Covid-19) had affected 100,257 people across the globe and claimed 3,408 lives. In Malaysia alone, the number of cases had risen from 22 to 83 last week.

China, the world’s second-largest economy and the origin of the outbreak, has the...

The State of the Nation: Covid-19 and the spectre of recession  

KUALA LUMPUR (May 28): Axiata Group Bhd says the proposed merging of its business with Norway-based Telenor ASA's Asian operations is "a merger of equals" and not about one company taking over the other, rubbishing claims circulating online that the exercise was akin to selling Malaysian interest...

Axiata dismisses claims of selling Malaysian interests to Norwegians in planned union with Telenor

AFTER Gamuda Bhd and Lingkaran Trans Kota Holdings Bhd (Litrak) announced a proposal that would see the companies monetise their investments in four highways in the city, the spotlight is now on other concessionaires.

Heading the list is IJM Corp Bhd, which has two highways operating in...

Cover Story 2: More concessionaires likely to monetise highways 

IT was not a secret that a corporate exercise involving highways under Gamuda Bhd was in the offing. Nevertheless, the timing and the structure of the corporate exercise that was put in place caught the market by surprise.

Until early last Monday, nobody knew of the existence of an enti...

Cover Story 2: A reboot for toll highways 

WHILE perpetual bonds are hybrid in nature, sharing both the characteristics of bonds and equities, more often than not, they are classified as a type of equity rather than debt on the balance sheet of issuers.

As there is no contractual obligation from the issuer to redeem the instrume...

Perpetual bonds: The good and the bad

MISC Bhd’s maiden foray into the deep-water floating production, storage and offloading (FPSO) segment of the oil and gas (O&G) industry in Brazil will be closely watched this year.

According to S&P Global Ratings, any potential delays and cost overruns on the Mero 3 FPSO projec...

MISC’s Brazil FPSO project closely watched

GIVEN the worldwide interest in electric vehicles (EV), Bursa Malaysia-listed Ta Win Holdings Bhd is scouting for opportunities in the EV space by leveraging on the capabilities of its subsidiary, Cyprium Wire Technology Sdn Bhd (CWT).

Ta Win group managing director Datuk Seri Ngu Tieng...

Ta Win scouts for viable opportunities in global EV space

Notable filings

For the week of March 14 to 18, notable shareholding changes at Bursa Malaysia-listed companies included those at electronics contract manufacturer BSL Corp Bhd.

On March 4, Arena Evolusi Sdn Bhd acquired 28.99 million BSL shares, representin...

Insider Moves: BSL Corp Bhd, Fitters Diversified Bhd, Jerasia Capital Bhd, Wong Engineering Corp Bhd, TWL Holdings Bhd, Pertama Digital Bhd, Country Heights Holdings Bhd 

On April 1, Malaysia entered a new phase and transitioned to the endemic phase of Covid-19, where we all can pretty much return to an almost-normal life after two years of living with the pandemic.

Of course, this is a great relief, as the economy can fire up again, and our healthcare s...

Coffee Break: Things I will not miss about the pandemic

MALAYSIA’s ratification of the International Labour Organization’s (ILO) Protocol of 2014 to the Forced Labour Convention 1930 (No 29) is a good start in the road to combating forced labour in the country, say labour industry experts.

Malaysia became the 58th country in the world and th...

The State of the Nation: Malaysia’s ratification of ILO Protocol of 2014 a good start in combating forced labour

US crude stocks rose last week while fuel inventories fell following a drop in refining activity in the Midwest, the Energy Information Administration said on Wednesday.

US crude inventories rise, fuel stocks fall as refining slips — EIA

The US might consider leaving the International Energy Agency (IEA) if there is no alignment on climate issues, US Energy Secretary Chris Wright said on Wednesday.

US to either reform IEA on climate issues or leave group, energy secretary says

The 30% Club has done something important: it put a number on the table. But I want to challenge the number itself. If women are competent, the right target is not 30%. It is 100%. Boardrooms are not Spartan battlegrounds where gender earns entry. They are environments that reward critical thinki...

Views: The case for moving beyond the 30% Club target

Climate scientists have rung the alarm bells: El Niño is underway, with a "super" El Niño developing in the coming months, bringing intensified drought, heatwaves and heavy rainfall. We’re already seeing the effects of it across the world. In Spain, Italy and France, sweltering summer temper...

Views: El Niño: Who is to blame?

Cutting carbon is particularly difficult for a chemical company because many of its products rely on fossil-based raw materials while lower-carbon alternatives often cost far more than buyers are prepared to pay.

That leaves companies with a few broad options, such as investing in activ...

Industry: Petrochemical companies decarbonisation journey still challenging

Plastic bags and straws labelled as biodegradable, compostable, or environmentally friendly are now a common sight in the market. Unfortunately, the reality is that not all of these claims are entirely true and that the use of these materials may end up causing more harm to the environment than t...

Cover Story: Are biodegradable and compostable plastic the greenest solution?

There are only four years left to achieve the Sustainable Development Goals (SDG) by 2030, but it is unlikely that all the 17 SDGs will be fulfilled by the deadline. According to the latest report, only 16% of the SDGs are on a positive pathway, and the rest are significantly off track.

Policy: What’s next after the 2030 Sustainable Development Goals?

The likelihood of El Niño developing now exceeds 90%, bringing expectations of a prolonged period of hotter and potentially drier conditions in Malaysia in early 2027. Climate change could further intensify the heat and other weather extremes.

The Super El Niño

Michelle Tee started her working life in the textile manufacturing industry by joining her father’s business in Johor, which specialised in manufacturing uniforms for companies. For the first eight years, Tee was happy whenever she saw batches of uniforms being sent to clients. That meant good sa...

Waste: Tackling the problem of used uniforms

The US Treasury said it will purchase up to US$6 billion (RM24.48 billion) of longer-dated government debt on Thursday, in line with the first such operation under Secretary Scott Bessent’s expanded programme to stem the recent rise in borrowing costs.

US Treasury to buy back up to US$6 bil in longer-dated govt debt

THE present impasse in Negeri Sembilan must begin with one fundamental fact: Tuanku Muhriz ibni Almarhum Tuanku Munawir was duly elected, installed and recognised as the Yang di-Pertuan Besar of Negeri Sembilan.

Opinion: Constitutional legitimacy cannot be displaced without due process

KUALA LUMPUR (Sept 23): A large majority of developers are delaying property launches in the remaining months of 2026 as rising construction costs squeeze margins and take-up remains soft.

Most developers delaying launches amid margin squeeze, unsold units

Two directors of a direct sales company pleaded not guilty in the Sessions Court here on Wednesday to two charges relating to a pyramid scheme and a breach of direct sales licence conditions between September 2024 and June last year.

Direct selling company directors charged with promoting pyramid scheme

<a href="https://theedgemalaysia.com/node/819099" target="_blank">https://theedgemalaysia.com/node/819099</a>Prime Minister Datuk Seri Anwar Ibrahim said he will not rush into deciding on DAP secretary general Anthony Loke’s offer to resign as transport minister, saying he wants to hear Loke’s explanation first.

Anwar says won’t rush decision on Loke’s resignation, urges DAP not to bow to external pressure 

Malaysia’s retail prices for unsubsidised RON97 and RON95 petrol will rise by 20 sen per litre, while unsubsidised diesel will increase by 15 sen from Thursday (Sept 24) to Sept 30, according to the Finance Ministry.

Unsubsidised fuel prices to rise again from Thursday, petrol up 20 sen and diesel 15 sen

A brief recap of some business news and corporate announcements that made the headlines on Wednesday.

Tenaga, CTOS, Carimin, YTL Power, Aneka Jaringan, Destini, Rimbunan Sawit, PRG, LB Aluminium, Gold Li

DAP secretary general Anthony Loke said he remains firm in his decision to resign as transport minister.

Loke says sticking with decision to quit, to hand in resignation letter upon return from China

KUALA LUMPUR (Sept 23): Sushi operator Empire Premium Food Bhd (KL:EMPIRE), which was listed just five months ago, is keeping the door open to future acquisitions in the food and beverage (F&amp;B) sector, backed by its strong balance sheet.

Empire Sushi operator keeps F&B acquisition door open amid expansion push

YTL AI Labs Sdn Bhd, a subsidiary of YTL Power International Bhd (KL:YTLPOWR), announced the creation of a dataset of 1.35 million synthetic personas that will help in the development of artificial intelligence models that suit&nbsp;Malaysia's diversity.

YTL AI Labs partners with NVIDIA to create dataset for training Malaysia-context AI   

Top executives of Grab&nbsp;bought more than US$30 million (RM122.34 million) worth of company shares this ​week after the Singapore-based ride hailing and ‌financial service firm's stock slumped to a more than three-year low following a deal to acquire a ​buy-now-pay-later provider.

Grab execs buy back shares after stock hits three-year low on Atome deal

Sunway Construction Group Bhd (KL:SUNCON) was crowned Company of the Year (COY) at The Edge Billion Ringgit Club (BRC) Awards 2026, the financial publication's flagship event to honour the best of Malaysia's listed companies.&nbsp;

Sunway Construction crowned Company of the Year at The Edge BRC awards, PETRONAS honoured for nation building    

The increasingly tangled dispute at PRG Holdings Bhd (KL:PRG) has reached another turning point, with the High Court ordering Premier De Muara Sdn Bhd (PDM) to be wound up.

PRG’s RM64m dispute with shareholder-linked PDM comes to a head as court orders winding-up

OSK Property, together with the Employees Provident Fund of Malaysia (EPF) and construction partner Multiplex, has officially commenced construction on the A$800 million (RM2.25 billion), 67-storey AURA residential tower.

Construction begins on OSK Property’s A$800m AURA tower in Melbourne

FOR the Gooi family’s 68%-owned Crescendo Corp Bhd (KL:CRESNDO), the data centre boom has provided a powerful catalyst to unlock the value of the Johor-based property developer’s land bank that has been accumulated over decades.

Crescendo’s net profit reached a record RM526.3 million in...

Crescendo’s Johor land bank offers more than a data centre windfall

LB Aluminium Bhd's (KL:LBALUM) net profit surged 60% to &nbsp;RM18.6 million for its first quarter ended July 31, 2026 (1QFY2027), compared with RM11.6 million a year ago.

LB Aluminium net profit up 60% in 1Q on strong aluminium, property contributions 

UPSTREAM-centric palm oil player Kim Loong Resources Bhd (KL:KMLOONG) has built its reputation as a relatively steady operator in Malaysia’s plantation sector, backed by three commercial mills running efficiently and a productive estate portfolio that consistently outperforms the national average...

Kim Loong builds on steady growth with Sarawak mill 

Zetrix AI Bhd (KL:ZETRIX) on Wednesday reported further disposals of shares in the company by managing director Wong Thean Soon, bringing down his combined direct and indirect stakes to 10.97%.

TS Wong continues to sell shares in Zetrix AI, stake drops to 10.97%

Negeri Sembilan state secretary Datuk Mohd Zafir Ibrahim and state legal adviser Datuk Muzalmah Mustapha Kamal continue&nbsp;to perform their duties as usual in line with the directions of Chief Secretary to the Government&nbsp;Tan Sri Shamsul Azri Abu Bakar and the Attorney General's Chambers (AGC).

Negeri Sembilan state secretary, legal adviser continue duties in line with chief secretary to govt, AGC directions

A 27-year-old Malaysian man accused of masterminding money laundering operations in Singapore was charged in court on Wednesday.

Malaysian accused of masterminding money laundering in Singapore charged

A summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

Supriya Surendran

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Supriya Surendran

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌