Datuk Seri Najib and Indian PM Narendra Modi jointly inaugurated the Torana Gate in Kuala Lumpur's Little India at Brickfields. The 10-metre high and 7.3-metre ...</div><div class=inPageAd id=div-gpt-ad-inpage>

NAJIB, MODI INAUGURATE TORANA GATE IN BRICKFIELDS

The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the US central bank's 2% annual target.

Dollar drops as US Fed cuts rates by half a percentage point

Federal Reserve governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the US central bank since 2005, denying Fed Chair Jerome Powell a clear consensus at a pivotal moment.

Fed Bowman's dissent is first from US Fed governor since 2005

The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market.

US Fed cuts rates by half a percentage point, cites 'greater confidence' on inflation

Here is a brief recap of some corporate announcements that made the news on Wednesday.

WCT, Capital A, Press Metal, Eco World International, Scientex Packaging, Barakah Offshore, Kimlun, Pekat, YBS 

A company that adopts sustainability practices has opportunities to increase profits and unlock future growth. This is a result of the wider world’s progress towards a lower-emission and more socially equitable economy, and the opportunities will differ by sector, geography, technology adoption and company strength.

How to identify sustainability opportunities

The idea to launch a Home Solar Subscription programme came after Raj Ridvan Singh, founder and CEO of Sols Energy, paid a visit to the US as a Ford Fellow many years ago.

“I got to study at Columbia University in New York and Yale University for about six weeks [in] this fellowship, an...

Energy: Home solar subscription, a game changer for accessibility?

Initially drawn to forensic and crime science because of her passion for criminology, Yap Jo Leen shifted gears after her first job as a scientific officer at the Dark Cave conservation site. This experience ignited her dedication to championing the cause of one of Malaysia’s endangered species, ...

Profile: Restoring nature, one monkey at a time

For years, the view on my commute was a blur of passing billboards. Those giant, dusty advertisements feel like relics of a bygone era. But lately, things have become a bit more interesting. Digital billboards have started popping up, replacing the static ones with bright, colourful displays. I o...

Cooler Conversations: How sustainable are billboards?

Discussions on how waste should be managed used to stop at recycling, but this has been superseded by the concept of the circular economy.

This concept ensures that materials are not wasted and remain useful through reuse, repair and designs that prevent waste from being created in the ...

Circular Economy: A better way to manage waste in Asean

More Malaysians are opting for vapes as seemingly less harmful alternatives to cigarettes. Vapes generate vapour instead of smoke, and the waste is less of an eyesore. In comparison, cigarette butts are littered, which could leach toxic contaminants into the environment.

But the environ...

Circular Economy: Dealing with vape waste

<p>WCT Holdings Bhd (KL:WCT) has proposed to dispose of three retail properties for RM2.44 billion to a newly established real estate investment trust (REIT) named Paradigm REIT, which will be listed on the Main Market of Bursa Malaysia.</p>


WCT Holdings proposes RM2.44 bil disposal of retail properties to a newly established REIT

<p>WTK Holdings Bhd's (KL:WTK) managing director Datuk Seri Patrick Wong Haw Yeong has emerged as a substantial shareholder in the company after raising his stake to 6.24%.</p>

<p>Wong acquired 20 million shares in the Sarawak-based timber and plantation group from his uncle Wong Kie Chie via direct business transaction on Friday (Sept 13), WTK bourse filing showed.</p>


WTK MD Patrick Wong emerges as group's substantial shareholder after buying 20 mil shares at premium

<p>The Malaysian Anti-Corruption Commission (MACC) has arrested an immigration officer, touted to be the “focal person” of a “counter setting” syndicate that brings foreign workers into the country illegally, and will be charged in court early October.</p>


MACC: ‘Focal person’ in immigration's ‘counter setting’ syndicate arrested, to be charged next month

<p>Former Public Accounts Committee (PAC) member Tony Pua told the High Court here that other board members of 1Malaysia Development Bhd (1MDB) should also be liable for the fund's loss of over RM2.9 million that it paid as ex-gratia payment to its former chief executive officer Arul Kanda Kandasamy.</p>


Tony Pua: MOF, other 1MDB members should also be sued over RM2.9m payment to Arul Kanda

<p>Kimlun Corp Bhd (KL:KIMLUN) has secured a RM128.13 million contract to build a residential development in Johor Bahru, the fifth contract win it has announced this year.</p>


Kimlun bags RM128m job to build residential development in JB

<p>About 87% of Proton Holdings Bhd's local suppliers have expressed their intention to collaborate with Chinese suppliers in the electric vehicle (EV) component supply chain, according to the national carmaker.</p>


Proton: 87% of local suppliers keen to collaborate with Chinese counterparts in EV component supply chain

<p>Despite trading at the highest price-book (PB) ratio in the past 10 years, analysts are still bullish about CIMB Group Holdings Bhd's (KL:CIMB) propects, as they see the counter scaling greater heights.</p>


Double-digit ROE, EPS growth over next three years key to CIMB re-rating

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EVENING 5: Five things you need to know today

<p>Press Metal Aluminium Holdings Bhd (KL:PMETAL) said it has teamed up&nbsp; with three Indonesian companies to operate an alumina refinery plant in West Kalimantan, Indonesia.&nbsp;</p>


Press Metal signs JV deal to set up alumina plant in Indonesia  

<p>Eco World International Bhd (KL:EWINT) has maintained its target of RM500 million dividend payouts for the financial years FY2024 and FY2025.</p>

<p>This as it posted a narrower net loss of RM8.19 million for the third quarter ended July 31, 2024 (3QFY2024), compared to RM12.3 million a year earlier.</p>


Eco World International maintains RM500 mil payout target for FY2024, FY2025, stays in red in 3Q

<p>PUTRAJAYA (Sept 18): The Malaysian Anti-Corruption Commission (MACC) has found no evidence of corruption in the ongoing investigation by the Royal Malaysia Police (PDRM) into the charity organisation&nbsp;Global Ikhwan Service and Business Holding (GISB).</p>


Azam Baki: No evidence of corruption in GISB investigation

<p>The Cabinet meeting on Wednesday agreed to maintain the existing policy regarding applications for the Malaysia halal certification (SPHM), Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said.</p>


Halal certification to remain voluntary — Zahid

<p>TSR Capital Bhd (KL:TSRCAP) said on Wednesday that it has secured a RM75 million contract to undertake construction works at Elmina Business Park 2 in Gombak, Selangor.</p>


TSR Capital secures RM75m contract for construction work in Gombak

<p>Here is a brief recap of some corporate announcements that made the news on Wednesday.</p>


<p>The size of the US Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from China’s slowdown continue to weigh on their minds, according to participants at a regional forum.&nbsp;</p>


Dalio downplays next Fed move as investors flag China risks

<p>Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday</p>


FBM KLCI slips 0.22% to 1,660.59 on Sept 18, 2024

<p>KUALA LUMPUR (Sept 18): Malaysia continued to assert its sovereignty and protect its national interests by appearing before the French Court of Cassation, France’s highest (supreme) court, on Tuesday (Sept 17), in its ongoing legal battle against the purported heirs of the long-defunct Sulu sultanate.</p>


Azalina: Malaysia defends sovereignty at French supreme court

<p>Immigration officers stationed at Kuala Lumpur International Airport (KLIA) Terminal 1 and Terminal 2 shoud be prohibited from using mobile phones while on duty to prevent a recurrence of 'counter setting' syndicates, which allow foreign nationals to enter the country through 'special counter lanes'.</p>


MACC moots phone ban for on-duty KLIA immigration officers to curb graft 

<p>US employers will confront a shortage of some six million workers within a decade, according to a new study.</p>


US faces deficit of six million workers in less than a decade

<p>The High Court on Wednesday fixed Nov 11 to deliver its decision on whether to grant leave (permission) to the Malaysian Bar to challenge the Federal Territory Pardons Board’s decision to halve the prison sentence of former prime minister Datuk Seri Najib Razak from 12 years to six years, and reduce the RM210 million fine by three-quarters to RM50 million.</p>
