Malaysian Resources Corp Bhd (KL:MRCB) has withdrawn from the Berjaya-led consortium bidding for the multi-billion-ringgit Kuala Lumpur-Singapore high-speed rail (HSR) project, Berjaya Group announced on Wednesday.

Berjaya says MRCB has pulled out of consortium vying for KL-Singapore HSR

The government will not allow any party to take the law into their own hands, said Home Minister Datuk Seri Saifuddin Nasution.

No one can take law into their own hands, Saifuddin warns vigilantes amid ‘Allah’ socks hysteria

Bank Negara Malaysia deputy governor Datuk Marzunisham Omar attributed the secular decline in the ringgit to the nation’s competitiveness and productivity.

Speed up structural reforms to strengthen ringgit for long term — BNM deputy governor

SINGAPORE (Dec 13): Travellers between Singapore and South Korea can now have a travel medicine pass, following a strategic partnership between Raffles Hospital — a fully-owned subsidiary of Raffles Medical Group — and Myongji Hospital.

Raffles Hospital partners South Korea-based Myongji Hospital to offer 'travel medicine pass'

KUALA LUMPUR (Dec 13): The FBM KLCI reversed its earlier losses and climbed at the midday break, in line with the gains at most regional markets.

At 12.30pm, the FBM KLCI added 1.19 points to 1,730.76. The index had earlier dipped to its intra-morning low of 1,725.95.

Gainers ...

KLCI reverses loss, crosses 1,730 level

This article first appeared in The Edge Financial Daily, on June 27, 2016.

 

Sime Darby Bhd
(June 24, RM7.49)
Maintain neutral with an unchanged target price (TP) of RM7.85. Sime Darby Bhd announced that it had disposed of its entire equity ...

Sime Darby’s divestment has minimal impact

This article first appeared in The Edge Financial Daily, on December 30, 2015.

Insider Asia’s Stock Of The Day: UPA Corporation

This article first appeared in The Edge Financial Daily, on December 29, 2015.

This article first appeared in The Edge Financial Daily, on December 28, 2015.

Insider Asia’s Stock Of The Day: Rexit

This article first appeared in The Edge Financial Daily, on December 23, 2015.

 

Rexit Bhd

This article first appeared in The Edge Financial Daily, on December 22, 2015.

 

Star Media Group Bhd

Insider Asia’s Stock Of The Day: Star Media

This article first appeared in The Edge Financial Daily, on December 21, 2015.

 

Star Media Group Bhd

Relative to other listed media companies like Media Prima and Media Chinese, Star Media Group (Star) (Fundamental: 1.8/3, Valuation: 1...

This article first appeared in The Edge Financial Daily, on December 18, 2015.

Insider Asia’s Stock Of The Day: Riding the US housing recovery

This article first appeared in The Edge Financial Daily, on December 17, 2015.

Roblox Corp announced new tools to help parents control how their children interact with strangers on its video-game platform, the company’s latest effort to address concerns about safety.

Roblox rolls out more child safety tools on its game platform

Europe’s solar energy season is getting longer and more intense, threatening to disrupt markets and overwhelm grids with a glut of cheap power.

Europe’s solar season is getting more intense and disruptive

Opec+ ministers plan to hold a call on Thursday to reiterate the need for all members to abide by their oil supply quotas, delegates said.

Opec+ ministers to discuss the need to respect quotas in call

Malaysia Airlines advised their customers to be wary of suspicious messages or comments from fake accounts pretending to be their customer service representatives.

Malaysia Airlines cautions customers about fake customer service accounts

London Heathrow Airport was warned about possible issues with its power supplies a few days before a nearby fire cut electricity to the hub and forced Europe’s busiest airport into an unprecedented day-long blackout.

Heathrow Airport got power-station warning days before blackout

China’s embassy in Bangkok urged a construction company to cooperate with Thai authorities in a probe into the crash of a skyscraper during an earthquake last week, which has now widened to the firm’s other business operations in the Southeast Asian country.

China urges firm to join widening Thai probe into crashed tower

CHARLOTTE, North Carolina (April 2): At the end of last year, when Americans were still looking ahead to Donald Trump's second turn as president, most seemed right with the U.S. economy. But by late February, Richmond Federal Reserve Bank President Tom Barkin could sense the mood shifting

Amid fast pace of change, Fed face time with businesses has become key to policy

US President Donald Trump's planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, European Central Bank (ECB) head Christine Lagarde said on Wednesday.

Trump's tariffs will be negative the world over, says ECB's Lagarde

(April 2): Top global corporations experienced the largest quarterly erosion of market values in nearly three years in the first quarter of 2025, hit by tariffs imposed by U.S. President Donald Trump, which are fuelling heightened concerns of a U.S. recession.

According to LSEG data, th...

Trump tariffs triggered big Q1 plunge in market values for top global firms

Indah Water Konsortium Sdn Bhd (IWK) has firmly denied any relation to the gas pipeline fire in Putra Heights, Subang Jaya, on Tuesday.

Indah Water denies responsibility for Putra Heights gas pipeline fire

KUALA LUMPUR (April 2): An analyst has flagged a minimum RM18 million impact to Petronas Gas Bhd (KL:PETGAS) following a gas leak fire in Putra Heights on Tuesday. As a result, trading in Petronas Gas shares was halted for an hour until 10am on Wednesday.&nbsp;

Gas pipeline blaze: MIDF flags potential RM18m impact to Petronas Gas

Petronas Gas Bhd (KL:PETGAS) and Gas Malaysia Bhd (KL:GASMSIA) opened marginally lower after a trading halt on the shares were lifted, following the gas leak fire that occurred in Putra Heights, Selangor, on Tuesday.

Gas pipeline blaze: Petronas Gas, Gas Malaysia’s shares open marginally lower after trading halt 

Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.

Digital banks in Malaysia urged to re-examine strategies to better serve B40 segment

T7 Global Bhd’s (KL:T7GLOBAL) shares closed at a 28-month low on Wednesday, prompting a suspension of intraday short-selling after the oil and gas services firm announced the departure of its executive deputy chairman.

T7 Global closes at more than two-year low after deputy chairman's departure

KUALA LUMPUR (April 2): Yinson Holdings Bhd’s (KL:YINSON) slipped on Wednesday after the oil and gas services firm announced weaker than expected results, while analysts tamper their optimism for the stock’s upside.

Yinson's shares slip, analysts tell investors to look past underwhelming results

SINGAPORE (April 2): The Land Transport Authority (LTA) has awarded a street-hail service operator licence (SSOL) to GrabCab, a subsidiary of Grab Rentals and sister company of GrabCar, which holds a ride-hail service operator licence (RSOL) and a car-pool service operator licence (CSOL). &nbsp; &nbsp;

Grab obtains Land Transport Authority licence to operate taxis in Singapore

KUALA LUMPUR (April 1): The police will look into allegations that the gas pipeline fire at Jalan Putra Harmoni, Putra Heights Subang Jaya, Selangor was caused by digging at the Petroliam Nasional Bhd (Petronas) reserve land.

Police to look into allegations that digging caused gas pipeline fire

KUALA LUMPUR (April 2): The police will soon call in the contractor who is believed to have carried out development work near the site of the gas pipeline fire at Jalan Putra Harmoni, Putra Heights, Subang Jaya on Tuesday, after confirming their identity.

Police to investigate contractor in connection with gas pipeline fire at Putra Heights

Just when the chapter on MBI was about to be reduced to a page in the history books of investment scams in Malaysia, the investigation into the money trail of one of the longest-running pyramid schemes in the country came back to life.

It restarted two weeks ago with the police summonin...

Alternative Views: Questions abound as the ghost of MBI walks again

Malaysia’s manufacturing conditions moderated slightly in March as new orders eased the most in a year and production fell, latest data showed.

Malaysia's manufacturing conditions moderate slightly in March amid muted demand, PMI data shows

KUALA LUMPUR (April 1): The scene at Putra Heights, Subang Jaya, resembled a war zone following a gas pipeline fire that broke out at 8.10am on Tuesday.

Putra Heights gas fire scene like a war zone

Professional bodies on Wednesday urged a comprehensive review of safety measures for fire-prone facilities near residential areas, following a Petronas gas pipeline breach that caused a massive blaze on Tuesday, injuring hundreds and damaging numerous properties.

Gas pipeline blaze: Professional bodies call for thorough review of safety measures, better risk management 

KUALA LUMPUR (April 2): Capital A Bhd (KL:CAPITALA) has been granted an extension until April 15, 2025, to issue the shareholder circular for its proposed Practice Note 17 (PN17) regularisation plan.&nbsp;

Capital A given until April 15 to issue shareholder circular on regularisation plan

Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).

MPOC sees palm oil prices stabilising in near term amid rising demand from India 

KUALA LUMPUR (April 2): Rising United States&nbsp;tariffs are expected to affect growth across Asia Pacific (Apac), according to S&amp;P Global Ratings’ latest economic update.

US tariffs expected to affect Asia Pacific economic growth – S&P Global

KUALA LUMPUR (April 2): Telecommunications network solutions provider OCK Group Bhd (KL:OCK), whose share price dropped to its lowest in more than one year last Friday (March 28), said the recent earthquake in Myanmar has only caused limited damage to its tower network, with only four sites affected and no disruption to service.

OCK Group says Myanmar quake caused minimal damage, only four towers affected

As risk aversion rises, investors are increasingly seeking shelter in Malaysian bonds to weather the slump on Bursa Malaysia and other stock markets.

Investors turn to bonds amid Bursa rout

KUALA LUMPUR (April 1): Petroliam Nasional Bhd (Petronas) has committed to working closely with relevant ministries and agencies to channel timely and meaningful support to the families impacted by the fire incident near Putra Heights, Puchong, Selangor.

Petronas to work with authorities to support those affected by Putra Heights fire incident

Al-Aqar Healthcare Real Estate Investment Trust (KL:ALAQAR) faces risks of an earnings decline with the proposed renewal of leases for five key properties, CIMB Securities flagged on Wednesday.

Al-Aqar REIT faces earnings risks with lease renewal of key properties, acquisition — analysts

Gas Malaysia Bhd (KL:GASMSIA) on Wednesday said it has cut back on gas supply to several areas to manage supply disruptions brought about by the temporary closure of gas facilities due to the gas pipeline blaze incident in Putra Heights on April 1, assuring that it will not have a material impact on earnings this financial year.

InsiderAsia Stock Of The Day

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InsiderAsia Stock Of The Day

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