KUALA LUMPUR (June 1): The FBM KLCI closed up 16.89 points or 1.15% at 1,490.14 today, while trading volume across Bursa Malaysia topped 10 billion securities for the second time in less than a month, as global investors cheered news on the less-drastic-than-expected US measures in response to China’s new security legislation in Hong Kong. In Malaysia, rubber glove manufacturers powered the KLCI’s rise, analysts said.

KLCI finishes up 1.15% as Bursa volume tops 10b units again

KUALA LUMPUR: Economists are neutral on the prospects of the consumer sector in 2020 as data shows Malaysians are becoming more cautious about their spending.

The Malaysian Institute of Economic Research’s (MIER) Consumer Sentiment Index contracted by nine points quarter-on-quarter to 8...

Thrifty spending to prevail in 2020

KUALA LUMPUR: Finance Minister Lim Guan Eng said yesterday that the government’s current development expenditure will spill over to next year and provide a good support for the country’s growth at a time when global economies are projected to slow.

The government has projected Malaysia’...

Govt’s ‘double-barrel’ spending more of a cushion than a catalyst

KUALA LUMPUR: The new 6% tax set to be imposed from Jan 1, 2020 on foreign digital service providers will be borne by the consumers, according to tax experts.

The digital service tax, they said, is a tax on consumers and not businesses, as it is looking to tax a particular service.
...

Experts say 6% digital tax will be borne by consumers from Jan 1, 2020

SHAH ALAM (March 16): Bagan member of Parliament (MP) Lim Guan Eng narrowly secured a seat in the Democratic Action Party’s (DAP) Central Executive Committee (CEC), in what was widely regarded as one of the fiercest contests in the party’s history.

Guan Eng scrapes through to secure DAP CEC seat, sister Hui Ying misses out

SINGAPORE (March 16): With the legal fight within the board of City Developments Ltd (CDL) put behind, the company will give shareholders a proper account, according to group chief executive officer Sherman Kwek.

CDL will give shareholders a proper account, says group CEO Sherman Kwek

HONGKONG/BEIJING/BENGALURU (March 16): Chinese President Xi Jinping has declined an invitation to visit Brussels for a summit to mark the 50th anniversary of EU-China diplomatic ties, the Financial Times (FT) reported on Sunday.

China's Xi declines EU invitation to anniversary summit, FT reports

SHAH ALAM (March 16): DAP will relax the conditions on its elected representatives to receive awards or honours from sultans or state governors.

DAP to ease conditions on accepting awards, titles for elected reps, says Loke

KUALA LUMPUR (March 16): The government remains committed to implementing the institutional reform agenda, including a proposed amendment to the Federal Constitution to cap the prime minister's term at 10 years.

Anwar: Reform agenda to be implemented carefully, to avoid failure due to haste

TAPAH (March 16): Perikatan Nasional (PN) will announce its candidate contesting in the Ayer Kuning state by-election after a special meeting on Thursday (March 20).

Ayer Kuning polls: Perikatan Nasional to announce candidate after March 20 meeting

CHENNAI (March 16): India's Zetwerk is considering a stock market listing within 24 months, at a time when the contract manufacturer is ramping up electronics production, its chief executive officer and co-founder said on Saturday (March 15).

India's Zetwerk mulls public listing within two years, co-founder says

HONG KONG (March 16): China's Baidu said on Sunday that it had launched two new artificial intelligence (AI) models, including a new reasoning-focused model that it said rivalled DeepSeek's model, as it vies to stand out in a fiercely competitive AI race.

China's Baidu launches two new AI models as industry competition heats up

HAVANA (March 15): Cuba's capital Havana plunged into darkness for a second night on Saturday, as efforts to restore power proceeded in fits and starts, with setbacks slowing progress and leaving several million still without electricity across the island.

Cuba struggles to restore power to millions as night falls

KUALA LUMPUR (March 16): While the Democratic Action Party (DAP) is a firm ally of Prime Minister Datuk Seri Anwar Ibrahim, party chairman Lim Guan Eng emphasised that it will never be a "yes-man" party.

DAP won’t be a ‘yes-man’ party, says Guan Eng

Chin Hin Group Property Bhd (KL:CHGP) has big plans this&nbsp;year. It aims to achieve a sales target of RM2 billion and expand into Melaka and Johor this year. In this week's cover story, &nbsp;Chiau Haw Choon, the group managing director of its parent company, Chin Hin Group Bhd (KL:CHINHIN), talks about the encouraging sales of RM1.3 billion last year and his target this year.&nbsp;Of the RM2 billion sales target, RM1.4 billion will come from existing projects and the remaining RM600 million from new launches. In addition, he unveils the developer’s plan to venture overseas after establishing a firm foundation in the domestic market.

Upping its game

SHAH ALAM (March 16): Bagan member of Parliament (MP) Lim Guan Eng narrowly secured a seat in the Democratic Action Party’s (DAP) Central Executive Committee (CEC), in what was widely regarded as one of the fiercest contests in the party’s history.

SHAH ALAM (March 16): Prime Minister Datuk Seri Anwar Ibrahim&nbsp;attended the 18th DAP National Congress held at Ideal Convention Centre (IDCC) here on Sunday, to elect the party's Central Executive Committee (CEC).

PM attends 18th DAP National Congress

HONG KONG (March 16): China's Baidu said on Sunday that it had launched two new artificial intelligence (AI) models, including a new reasoning-focused model that it said rivalled DeepSeek's model, as it vies to stand out in a fiercely competitive AI race.

KUALA LUMPUR (March 16): While the Democratic Action Party (DAP) is a firm ally of Prime Minister Datuk Seri Anwar Ibrahim, party chairman Lim Guan Eng emphasised that it will never be a "yes-man" party.

WEST PALM BEACH, Florida/WASHINGTON: (March 15): More than 1,300 Voice of America (VOA) employees were placed on leave on Saturday and funding for two US news services that broadcast to authoritarian regimes was terminated, one day after President Donald Trump ordered the gutting of the government-funded media outlet's parent and six other federal agencies.

Voice of America staff put on leave, Trump ally says agency 'not salvageable'

KUALA LUMPUR (March 16): The Democratic Action Party (DAP), the largest party in the country’s ruling coalition, has pledged its support for Prime Minister Datuk Seri Anwar Ibrahim to remain in office after the 16th General Election (GE16).

DAP backs Anwar to stay as PM after GE16 — Loke