The FBM KLCI closed 2.65 points or 0.17% higher today while Bursa Malaysia's palm oil plantation index rose by a significantly larger quantum after crude palm oil (CPO) prices rose past RM2,800 a tonne.

Globally, Malaysian shares tracked Asian equity gains on expectation the US and China may soon seal a phase one deal to end their 17-month trade war.

FBM KLCI up, led by Sime Darby stocks

KUALA LUMPUR: Ekuiti Nasional Bhd’s (Ekuinas) plan for 42.3%-owned associate Icon Offshore Bhd is to ensure the oil and gas (O&G) support services provider’s recapitalisation happens as soon as possible to support the associate’s growth.

“I don’t think our plan is to exit [Icon Offs...

Ekuinas hopes Icon Offshore recapitalisation happens soon

KUALA LUMPUR: Government-owned private equity (PE) firm Ekuiti Nasional Bhd (Ekuinas) expects the number of PE deals in the year to continue trending lower, as there is a mismatch between the valuation that companies are demanding and what investors are willing to fork out.

“There were ...

Ekuinas sees PE deals continuing to trend lower

Ekuiti Nasional Bhd's (Ekuinas) plan for 42.3%-owned associate Icon Offshore Bhd is to ensure the oil and gas support services provider's recapitalisation happens as soon as possible to support Icon Offshore's growth.

Ekuinas chief executive officer Syed Yasir Arafat Syed Abd Kadir said at a press conference during The Malaysian Private Equity Forum 2019 here today: "I don't think our plan is to exit (Icon Offshore) in the short term. Our plan is to ensure that the recapitalisation plan happens as soon as possible so that we can think about the next stage of growth for Icon Offshore."

Ekuinas hopes Icon Offshore recapitalisation happens as soon as possible

KUALA LUMPUR: The top management of Lembaga Tabung Angkatan Tentera (LTAT), which declared yesterday its lowest-ever annual dividend of 2% for 2018, does not believe there is any criminal element behind the financial irregularities that it found occurred under the leadership of Tan Sri Lodin Wok ...

No police report for now — LTAT

Lembaga Tabung Angkatan Tentera (LTAT) has today declared its lowest-ever dividend of 2%, compared with a minimum of 6% paid over the past four and a half decades.

"A point to make is that no entity should pay dividends without funds to do so in place," LTAT chief executive Nik Amlizan Mohamed told reporters at a press conference here today.

LTAT declares lowest-ever dividend of 2%

KUALA LUMPUR (April 13): A new analysis on the impact of the recent changes in US tariffs on the national economy will be presented at the National Geo-Economic Action Council (NGCC) meeting on Monday (April 14), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Miti to present new analysis on impact of US tariffs at National Geo-Economic Action Council meeting on Monday

WASHINGTON/WEST PALM BEACH, Florida (April 13): US President Donald Trump's administration granted exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China, providing a big break to tech firms like Apple that rely on imported products.

Trump spares smartphones, computers, other electronics from China tariffs

Situated just a stone’s throw away from the trendy commercial and retail offerings of bustling Mont’Kiara and Dutamas lies Miranda Hill — an exclusive low-density residential development perched on one of the highest points in North Kiara, Kuala Lumpur.

A new standard of urban elegance in North Kiara

Growing up in a rubber estate in Teluk Intan, Perak, Giva Kuppusamy developed a fascination for freshwater prawns thriving in nearby rivers. Today, that childhood curiosity has blossomed into a mission to make udang galah, as they’re known locally, more affordable for and accessible to Malaysians...

Start-up: Making freshwater prawns affordable

Ever played a game that just feels like a warm hug? While some gamers thrive on competition and high-stakes action, others find comfort in laid-back social games for a chance to unwind, connect and take a breather from the chaos of everyday life.

Cosy games are generally identified as c...

Listicle: Escape to cosy town

Being an angel or venture capital investor, especially in start-ups, is often seen as glamorous. The media tends to romanticise VC investors who pour millions — sometimes billions — into chasing the next unicorn (a company valued at over US$1 billion). Every time a unicorn is announced, everyone ...

The Pitch Deck: How not to lose money investing in new tech

Facing increasing challenges with internal communication in the mid-2010s, ByteDance sought a more effective solution. Despite experimenting with various collaboration tools, the company struggled to overcome productivity-sapping silos and improve workflow efficiency.

Realising it neede...

Productivity: Fostering efficient communication

Let’s start with an April Fool’s fable: A group of lifelong friends debated where to meet for their reunion dinner. In their 40s, they chose the Bay Hotel for its attractive wait staff. A decade later, at 50, they returned for the excellent food and wine. At 60, the hotel’s quiet ambience and oce...

Econ 4.0: April Fool fables?

Earned wage access (EWA) can improve workers’ financial well-being, with 80% of users reporting a better quality of life and 78% using it for household expenses, according to a survey by 60 Decibels and the International Labour Organization (ILO).

The findings, released on March 24, wer...

Issues: Early wage access linked to better financial health

Something big is taking shape in Puchong — a strategic initiative aimed at elevating Malaysia from a back-end player in the semiconductor supply chain to a force to be reckoned with in the global chip design arena. At the heart of this effort is the Puchong Integrated Circuit (IC) Design Park, a ...

Cover Story: Stepping into the IC design fast lane

KUALA LUMPUR (April 13): National men’s doubles pair Aaron Chia-Soh Wooi Yik have finally won their first ever Badminton Asian Championship (BAC) title, after beating Chen Bo Yang-Liu Yi of China in Ningbo, China on Sunday.

Aaron Chia-Soh Wooi Yik claim their first-ever Badminton Asian Championship title

KUALA LUMPUR (April 13): Economy Minister Datuk Seri Rafizi Ramli defended his position as PKR Pandan branch chief in the 2025 PKR election&nbsp;for the branch, Wanita branch, and Angkatan Muda Keadilan (AMK) branch levels, which took place on Saturday (April 12).

2025 PKR election: Rafizi defends Pandan, Amirudin and Ramanan win unopposed

JOHOR BAHRU (April 13): BHPetrol, a subsidiary of Boustead Holdings Bhd and the Armed Forces Fund Board (LTAT), plans to build up to 30 new petrol stations in rural areas nationwide.

BHPetrol to build 30 new stations in rural areas nationwide

KUCHING (April 13): Negotiations between the federal and state governments regarding the Malaysia Agreement 1963 (MA63) can be resolved amicably without the need to bring the matter to court for legal interpretation, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

MA63: Legal interpretation issue can be resolved amicably without court intervention — Fadillah

BEIJING (April 13): New bank loans in China rebounded more than expected in March, recovering from a sharp drop the previous month, as policymakers pledge to ramp up stimulus to buttress the world's second-largest economy against an escalating trade war with the United States.

China March bank lending beats expectations, more stimulus expected

(April 13): The giants of private equity have spent years trying to cozy up to Middle Eastern wealth funds to secure massive cheques. US President Donald Trump’s burgeoning trade war just made those efforts even more critical — and asset managers have been forced to get creative.

Buyout firms get creative on Gulf trips in bid for bigger cheques

KUALA LUMPUR (April 13): A new analysis on the impact of the recent changes in US tariffs on the national economy will be presented at the National Geo-Economic Action Council (NGCC) meeting on Monday (April 14), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

BUKIT MERTAJAM (April 13): The Ministry of Human Resources (Kesuma) plans to establish a one-stop centre for employee services, as a comprehensive facility in resolving labour-related issues.

Sim: One stop centre to resolve labour-related issues in the pipeline

(April 13): Six years after Argentina’s record financial bailout collapsed, the International Monetary Fund (IMF) is again putting billions of US dollars to backstop a similar rescue strategy for the troubled South American economy, this time under the leadership of President Javier Milei.

IMF bets billions on President Milei’s chainsaw to avert past Argentinian debacles

Something big is taking shape in Puchong — a strategic initiative aimed at elevating Malaysia from a back-end player in the semiconductor supply chain to a force to be reckoned with in the global chip design arena. At the heart of this effort is the Puchong Integrated Circuit (IC) Design Park, a ...

HONG KONG (April 13): Hong Kong's last remaining major opposition party took a key step towards disbanding itself on Sunday after a special meeting approved arrangements to do so in the face of pressure from China, amid a national security crackdown.

Hong Kong's last major opposition party moves towards disbanding

BENGALURU (April 13): Clients of India's Tata Consultancy Services (TCS) in the retail, travel and automobile sectors are more exposed to fallout from US tariffs, and they may resort to cost-cutting if uncertainty persists, the company's chief executive officer told Reuters.

India's TCS says retail, travel clients more exposed to US tariff turmoil

LAHAD DATU (April 13): Former Silam (now known as Lahat Datu) member of Parliament (MP)&nbsp;Datuk Salleh Kalbi, 61, died at the Lahad Datu Hospital at about 4.40am on Sunday morning due to a lung infection.

Former Silam MP Salleh Kalbi passes away

Growing up in a rubber estate in Teluk Intan, Perak, Giva Kuppusamy developed a fascination for freshwater prawns thriving in nearby rivers. Today, that childhood curiosity has blossomed into a mission to make udang galah, as they’re known locally, more affordable for and accessible to Malaysians...

Facing increasing challenges with internal communication in the mid-2010s, ByteDance sought a more effective solution. Despite experimenting with various collaboration tools, the company struggled to overcome productivity-sapping silos and improve workflow efficiency.

Realising it neede...

Ever played a game that just feels like a warm hug? While some gamers thrive on competition and high-stakes action, others find comfort in laid-back social games for a chance to unwind, connect and take a breather from the chaos of everyday life.

Cosy games are generally identified as c...

The rapid push towards digital adoption has necessitated increased reliance on telecommunications networks. Yet, consumers often rely on networks with no assurance on service quality, although they pay for these services, says Malaysia Communications and Multimedia Commission (MCMC) commission me...

Bridging The Gap: Tracking telcos’ real-time network quality

<h2>NEWS</h2>

<h3>Google Cloud and Selangor launch Teraju AI to power state-level innovation</h3>

Google Cloud, in collaboration with the Selangor state government and the Selangor Technical Skills Development Centre, has launched Teraju AI — an initiativ...

Bits + Bytes: A Miscellany Of Technology

Let’s start with an April Fool’s fable: A group of lifelong friends debated where to meet for their reunion dinner. In their 40s, they chose the Bay Hotel for its attractive wait staff. A decade later, at 50, they returned for the excellent food and wine. At 60, the hotel’s quiet ambience and oce...

Being an angel or venture capital investor, especially in start-ups, is often seen as glamorous. The media tends to romanticise VC investors who pour millions — sometimes billions — into chasing the next unicorn (a company valued at over US$1 billion). Every time a unicorn is announced, everyone ...

Wong Ee Lin and Nazuin Zulaikha Kamarulzaman

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