Proton, which has unveiled its electric vehicle (EV) brand, Proton e.MAS, says its first EV model will be launched ‘very, very soon’

NEWS: Proton promises first EV model by 2025

The Kia EV9 is now available in Malaysia at a starting price of RM368,888. It is being showcased at the Central Exchange, The Exchange TRX until June 16, 2024.

NEWS: Kia EV9 officially launched in Malaysia

Tun Dr Mahathir Mohamad has slammed Law Minister Datuk Seri Azalina Othman for saying that he had acted on his own and in secret regarding the handling of the Batu Puteh issue. Mahathir also rubbished former AG Tan Sri Mohamed Apandi Ali’s statement that the then prime minister should have consulted him on the matter.

NEWS: ‘Batu Puteh not my sole decision’ — Tun M

The government’s newly announced targeted diesel subsidy will be concurrently implemented with the targeted assistance for the logistics sector disbursement of the Budi Madani cash assistance, known as SKDS 2.0.

NEWS: MOF II: SKDS 2.0 will ensure those who need help get it

Minister of Finance II Datuk Seri Amir Hamzah Azizan says that all the necessary stakeholders have been consulted ahead of the recent diesel price hike and that supplies remain adequate.

NEWS: Stations warned ahead of time, diesel supply adequate

Dioriviera, the dreamy summer vacation capsule designed by Maria Grazia Chiuri, has returned. Experience the stunning collection at Dior Pavilion Kuala Lumpur from 7th June to 21st July, 2024.

Discover Dioriviera  2024

Prime Minister Datuk Seri Anwar Ibrahim is confident that the aim of 400 e-payment transactions per capita can be achieved earlier than the original target of 2026 through efforts by digital banks

PM wants digital banks to boost e-payments

Boost Bank by Axiata Group and RHB Bank have officially announced the launch of its app

Boost Bank officially launches app

Sime Darby Plantation, which will be officially known as SD Guthrie starting June 5, is sanguine on the outlook of its renewable energy (RE) businesses, especially with the government's liberalisation of electricity supply

NEWS: Sime Darby Plantation sanguine on RE outlook

A grand celebration unfolded at the Kuala Lumpur Convention Centre last night, with Sime Darby Plantation hosting over 1,000 guests at an exclusive gala dinner to mark its rebranding as SD Guthrie. The official name change will take effect beginning June 5.

NEWS: Sime Darby Plantation celebrates new identity

Although RE funding has grown over the past couple of years, it still remains a difficult landscape to successfully navigate according to SEDA CEO Datuk Hamzah Hussin

NEWS: The complexities of RE funding

Given Malaysia’s status as a palm oil producer, it is no surprise that biomass is high on the list of RE priorities according to SEDA CEO Datuk Hamzah Hussin.

NEWS: Turning Malaysia’s palm present to power its future

SEDA CEO Datuk Hamzah Hussin says that for Malaysia to progress in RE, people need to start thinking just beyond solar.

NEWS: Diversifying beyond solar

This week’s edition of The Edge Malaysia comes with a special magazine marking 50 years of Malaysia-China diplomatic relations. Editor-in-chief Kathy Fong and project editor Liew Jia Teng talk about the process and challenges of condensing five decades of history into 144 pages. Meanwhile, our upcoming edition will also feature a pullout titled Belt and Road Initiative: A Decade and Beyond, in conjunction with the 10th anniversary of the China-led infrastructure project.

The handshake that made it happen

China launched an anti-dumping probe into pork imports from the European Union (EU), in a narrowly targeted measure that’s the latest move in simmering trade tensions between Beijing and Brussels.

China starts anti-dumping probe into EU pork imports

UBS Group AG said it would give investors of Credit Suisse funds linked to the collapse of Greensill Capital a significant proportion of their money back, as the Swiss bank looks to clear through the legacy issues of its former rival.

UBS offers to pay investors 90% for funds hit by Greensill

Online comics platform Webtoon Entertainment said on Monday it is targeting a valuation of up to US$2.67 billion (RM12.60 billion) in its initial public offering (IPO) in the US.

Naver's Webtoon Entertainment aims up to US$2.67b valuation in US IPO

Australia and China will take steps to improve military communication to avoid incidents, Prime Minister Anthony Albanese said after meeting Premier Li Qiang on Monday, in the first visit to the country by a Chinese premier in seven years.

Australia's Albanese, China's Li hold talks on trade, rights

Hong Kong’s tycoons are seeing their skyscrapers lose rental values by as much as a third, amid the worst commercial property market slump in more than a decade.

Li Ka-shing’s Hong Kong tower sees rental value drop 33% since 2019

The country’s two largest political coalitions are being strategic by fielding local candidates in the upcoming Sungai Bakap state by-election, which will officially commence on Saturday (June 22).

No clear favourites in Sungai Bakap by-election, say analysts

Businessman Tan Sri Halim Saad has filed an appeal against the High Court's decision last month to strike out his lawsuit against the government, former prime minister Tun Dr Mahathir Mohamad and former minister Tan Sri Nor Mohamed Yakcop over the government's acquisition of a 32.69% stake in Renong Bhd from United Engineers Malaysia Bhd (UEM) in early 2000.

Halim Saad files appeal over High Court decision in UEM-Renong suit

Adidas AG is investigating allegations of corruption in China after receiving an anonymous letter exposing potential compliance violations by some employees.

Adidas opens fraud probe in China after whistle-blower letter

Shares steadied on Monday, while the euro remained on the defensive amid political turmoil in Europe, as investors look for direction from a string of central bank meetings in the region this week as well as fresh US economic data.

Shares stable, euro downtrodden as political turmoil saps market mood

The online ambassador initiative, introduced by the Ministry of Housing and Local Government (KPKT), does not involve additional costs, said Minister Nga Kor Ming.

No additional cost incurred for online ambassador initiative, says housing minister

The government has decided to reduce the retail prices of Grade A, B, and C eggs by three&nbsp;sen each across the country, in line with efforts to pass on the savings from targeted subsidies to the people.

PM announces three sen reduction in Grade A, B and C egg prices

FASTER and bigger returns could be in store for land rich planters that are capitalising on the current data centre boom by using agricultural land for solar farms, say analysts. Their observation comes amid tepid growth in the plantation sector but rising interest in data centres in Malaysia.</p...

Will data centre boom be a new catalyst for plantation sector?  

The long-favoured arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co’s (TSMC) Taipei shares while shorting its US listing is starting to become painful.

Popular arbitrage trade backfires as TSMC frenzy grows in US

The government still bears around RM7 billion in subsidies related to diesel in Peninsular Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: Govt still bears RM7b as diesel subsidy not abolished

In August last year, former Thai leader Thaksin Shinawatra returned to his homeland after 15 years in exile, following a deal with royalists who once ousted him in a coup. That marriage of convenience is now at risk of falling apart, potentially unleashing more political turmoil.

Thai royalists make risky bet in fresh showdown with ex-PM Thaksin

Regional finance hubs Hong Kong and Singapore have topped a new&nbsp;global list of the world’s most expensive cities for expatriates, keeping&nbsp;Swiss destinations&nbsp;from the top spots for the second year in a row.

Hong Kong and Singapore top world's most expensive city list for expats in 2024

China’s&nbsp;housing slump&nbsp;deepened in May and triggered new calls for the government to pump cash and credit into the economy, while industrial output — which has kept growth on track — fell short of forecasts.&nbsp;

China's property drag worsens, factory output disappoints

The German business chamber said the European Union (EU) should invest to become more competitive instead of hiking tariffs on China-made electric vehicles (EVs), adding to Berlin’s efforts to avert or soften the trade curbs.&nbsp;

German chamber in China says tariffs won’t protect European automakers

CHANGES are afoot at a high level at Petroliam Nasional Bhd (Petronas), and most likely will materialise by early next month, sources familiar with the national oil company tell The Edge.

It is understood that Datuk Adif Zulkifli, executive vice-president and CEO of the company’s upstre...

Changes slated to take place at Petronas 

China’s central bank left a key interest rate steady for the 10th straight month, displaying caution on monetary easing given abundant liquidity and pressure to prevent the yuan from weakening further.&nbsp;

China leaves key rate unchanged on currency pressure, liquidity

The country’s two largest political coalitions are being strategic by fielding local candidates in the upcoming Sungai Bakap state&nbsp;by-election, which will officially commence on Saturday (June 22).

Businessman Tan Sri Halim Saad has filed an appeal against the High Court's decision last month to strike out his lawsuit against the government, former prime minister Tun Dr Mahathir Mohamad and former minister Tan Sri Nor Mohamed Yakcop over the government's acquisition of a 32.69% stake in Renong Bhd from United Engineers Malaysia Bhd (UEM) in early 2000.

Bill Gates said he is prepared to plough billions of dollars into a next-generation nuclear power plant project in Wyoming to meet growing US electricity needs.

Bill Gates says he’s ready to put billions into nuclear power

Australia&nbsp;and China will take steps to improve military communication to avoid incidents, Prime Minister Anthony Albanese said after meeting Premier Li Qiang on Monday, in the first visit to the country by a Chinese premier in seven years.

Britain’s wealthy homeowners are holding off on listing property for sale, after UK Prime Minister Rishi Sunak’s surprise move to call a general election made them hesitant about big decisions.

Britain’s wealthy home sellers hold off listings before election

Adidas AG is investigating allegations of corruption in China after receiving an anonymous letter exposing potential compliance violations by some employees.

SOCIAL activist Kuan Chee Heng, better known as “Uncle Kentang (Malay for potato)” among the people he serves, probably had most people taking mental notes of two things he said at the International Social Well­being Conference 2024 (ISWC 2024) in Kuala Lumpur last week.

First being how...

The State Of The Nation: Heart-wrenching old-age reality bites from lack of planning, social safety nets

PUTRAJAYA needs to take the “realistic approach” in tackling issues that are cropping up as a result of population ageing, Prime Minister Datuk Seri Anwar Ibrahim said in his opening speech at the International Social Wellbeing Conference 2024 (ISWC2024) in Kuala Lumpur on June 4, noting that Mal...

The State Of The Nation: Race against time to find funds for universal pension, retirement reforms 

The online ambassador initiative, introduced by the Ministry of Housing and Local Government (KPKT),&nbsp;does not involve additional costs, said Minister&nbsp;Nga Kor Ming.

Hong Kong’s tycoons are seeing their skyscrapers lose rental values by as much as a third, amid the worst commercial property market slump in more than a decade.

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