WITH the dissolution of Parliament, GE15 is set to be announced over the next 60 days, notwithstanding floods and festivities. The usual excitement is in the air, political parties’ flags are set to fly across the peninsular and East Malaysia.

Pitfalls & Pitch Calls: Parliament dissolved, GE15 is on

Below are excerpts of Petroliam Nasional Bhd (Petronas) chairman Tan Sri Mohd Bakke Salleh's letter to stakeholders.

Petronas chairman: Be prepared to pivot when faced with the unexpected

Media statement by Dr Ong Kian Ming, the Member of Parliament for Bangi, DAP spokesperson for international trade and industry, and a member of the Parliamentary Select Committee on Finance and the Economy, issued on June 30, 2022.

Managing the economy — Part 2: Pursuing a stronger exchange rate regime

There seems to be no ending to the Serba Dinamik Holdings Bhd saga whereby the global integrated oil and gas outfit — to the dismay of the investing fraternity and corporate governance proponents — blatantly disregarded and challenged enforcement actions by the regulators to keep an orderly market.

Is there a light — even a dim light — at the end of the tunnel for Serba Dinamik?

A multipolar nuclear regional balance will freeze the existing configuration of the Indo-Pacific, preventing its domination by any single major power. A multipolar Indo-Pacific maximises manoeuvre space for ASEAN and other small countries.

China’s strategic dilemmas

Media Statement by Dr. Ong Kian Ming, Member of Parliament for Bangi, on March 22, 2022

Comprehensive Labour Market Policy Reforms need to be introduced together with the RM1500 minimum wage

The announcement by the Prime Minister Datu...

Labour Market Policy Reforms need to be introduced together with the RM1,500 minimum wage

As a strong proponent of the anti-hopping law (AHL), I am disheartened at the Cabinet’s decision to postpone the tabling of the AHL in this parliamentary session. As I attempt to understand the Cabinet’s concerns, a few questions beg to be answered.

A recall law will settle the loyalty of frogs

First of all, I would like to express my sincere appreciation to all delegates who have attended the DAP National Congress today (Sunday, March 20) and cast their votes for me.  I am extremely grateful for the support.

Statement by Tony Pua on DAP National Congress 2022

Media statement by Dr Ong Kian Ming, the Member of Parliament for Bangi and the assistant political education director for the Democratic Action Party (DAP) on March 1, 2022:

How Russian invasion of Ukraine will affect the average M'sian and how this should shape M'sian govt response

In the near term, we think that bond investors could go overweight on Malaysian bonds to seek cover. Malaysia is the only Asian economy with a positive oil trade balance, and so would marginally benefit from higher oil prices via higher terms of trade. Yield sensitivities to US rates are also low among Asia bonds. Though foreign ownership of Malaysian Government Securities/Malaysian Government Investment Issues (MGS/MGIIs) is high (20+%), a significant portion of foreign holdings is held by foreign central banks and governments, which is expected to be more sticky and less susceptible to swings in global risk sentiments. We think that Malaysian bonds offer the best profile to ride out the Russia-Ukraine conflict.

DBS thinks Malaysian bonds offer best profile to ride out Russia-Ukraine conflict

Following the Asian financial crisis of 1997, competition law was passed as legislation within the top ASEAN economies in the first half of the past two decades. In Malaysia, the Competition Act 2010 came into force in 2012, with the Malaysia Competition Commission (MyCC) tasked by Parliament with implementing and enforcing competition law. The MyCC plays the important role of not only enforcing competition law, but in public advocacy and education of this piece of legislation to the Malaysian public in appreciating the benefits of competition against the restraints of past industrial practices of direct dealings and monopolistic "state champions".

A missed opportunity of a judicial review for Malaysia Competition Commission

The Malaysian Bar is perturbed by the recent events that have unfolded regarding the Malaysian Anti-Corruption Commission (MACC) and its leaders. Allegations have surfaced about MACC chief commissioner Tan Sri Azam Baki's alleged extensive ownership of shares in a public listed company and that his share trading account was used by his brother to trade in shares. On Jan 5, 2022, MACC Anti-Corruption Advisory Board (ACAB) chairman Tan Sri Abu Zahar Ujang stated during a press conference that the ACAB had absolved Azam of any wrongdoing.

Malaysian Bar president weighs in on allegations concerning MACC transparency

While continuing to better streamline the organisation, BCorp will prepare for international borders to open and I will be focusing my energy on internal transformation efforts as well.

2022 outlook: A commentary by Abdul Jalil Abdul Rasheed, CEO of Berjaya Corp Bhd

Flooding in Malaysia has displaced over 40,000 people, according to the country’s disaster agency, and reports revealed at least one fatality in every 10 missing people. As of Dec 20, 2021, rivers were above the danger level in almost 30 locations in Pahang, Selangor and Kelantan. The magnitude of such a disaster is not determined by floodwaters alone but also the pattern of vulnerability in which people live. The lives and livelihoods of many poor people are hardest hit by flood disasters.

Underinsurance of flood risk

Indonesia's stock market is no longer worthy of "emerging market" status, MSCI said on Friday, laying out a plan to expel it from a suite of indices tracked by funds, a shock move that sparked the steepest one-day drop in Jakarta shares since 1998.

Indonesia gets a 'wake-up call' as MSCI prepares to remove it from global indices

Kuala Lumpur City Hall (DBKL) failed to obtain a stay on the High Court’s April decision ordering it and the wound-up developer, Fame Modulation Sdn Bhd, to pay RM1.3 million in damages to two former civil servants.

DBKL fails to halt RM1.3 mil payment order over structural damage to Cheras retired civil servants’ home 

The upfront costs incurred by CelcomDigi Bhd (KL:CDB) and Maxis Bhd (KL:MAXIS) for the latest spectrum awards are expected to be offset by capital expenditure savings and lower network costs, according to Hong Leong Investment Bank (HLIB).

CelcomDigi, Maxis spectrum costs to be offset by capex and network savings — HLIB

Ormond Group, the hospitality arm of ECM Libra Group Bhd (KL:ECM), broke ground for the 396-key Ormond Desaru resort in Johor on Friday.

Ormond Group breaks ground for Ormond Desaru resort

The High Court has given more time to Tan Sri Shahrir Samad and Tan Sri Tommy Thomas to iron out settlement terms in the former Federal Land Development Authority (Felda) chairman's malicious-prosecution suit against the former attorney general.

Shahrir Samad, ex-AG Tommy Thomas to update court on Nov 11 of possible settlement in malicious-prosecution suit

The Yang di-Pertuan Besar of Negeri Sembilan, Tuanku Muhriz Tuanku Munawir, conferred the state's prestigious honours on three Undangs and their consorts at Istana Besar Seri Menanti here on Thursday.

Tuanku Muhriz bestows Negeri Sembilan state honours on three Undangs, consorts

Malaysia’s data centre market is projected to grow at a compound annual growth rate (CAGR) of 33%t from 2025 to 2030, according to S&P Global Ratings.

Malaysia's data centre market projected to grow 33% CAGR from 2025-2030 — S&P Global Ratings

China’s campaign to promote the global use of the yuan appears to be accelerating as the authorities seek to build a more comprehensive financial ecosystem for the currency beyond just trade settlement.

China’s plan to make yuan a global currency enters faster phase

Singapore Prime Minister Lawrence Wong vowed to investigate firms responsible for fires that have shrouded the city-state in haze for weeks, warning those found culpable could face legal action.

Singapore probing firms over haze-causing Indonesian fires

Meta on Thursday launched a new open-weight artificial intelligence (AI) model which it claims rivals, and in some cases outperforms, similar products from leading Chinese developers.

Meta unveils new 'open' AI model to rival Chinese competition

The Johor Bahru High Court has reinstated a lawsuit filed by a Maybank customer who lost nearly RM60,000 in allegedly&nbsp;unauthorised online transfers after scanning a third-party QR code, ruling that the dispute must proceed to a full trial.

High Court reinstates customer's suit against Maybank over funds allegedly siphoned after QR scan

Zetrix AI Bhd (KL:ZETRIX) acknowledged a potential breach of a sukuk's clause that requires the digital services firm’s managing director to remain as its single-largest shareholder.

Zetrix AI acknowledges potential breach of sukuk covenant

Indonesia's stock market is no longer worthy of "emerging market" status, MSCI said on Friday, laying out a plan to expel it from a suite of indices tracked by funds, a shock move that sparked the steepest one-day drop in Jakarta shares since 1998.

EGH International Bhd (KL:ECOGRP) fell in its ACE Market trading debut on Friday amid relatively weak demand for the interior fit-out firm’s shares.

EGH International opens lower on ACE Market debut

Malaysia’s economy expanded faster than expected in the third quarter as growth of manufacturing and services sectors offset a contraction in mining activities, official flash estimates showed.

Malaysia’s economy outperforms with 5.3% expansion in 3Q, official flash estimates show

Eligible renewable energy developers under the Corporate Renewable Energy Supply Scheme (CRESS) Acceleration Package (CAP) will benefit from a fixed system access charge (SAC) of 14 sen per kilowatt-hour (kWh) for 10 years, while green consumers will be subject to a separate charge of four sen/kWh.

CRESS charges fixed at 14 sen/kWh for developers, four sen for green consumers — Energy Commission

Malaysian banking stocks could see some stability towards the end of 2026 as declining global bond yields provide an opportunity for banks to recover investment losses, said MBSB Research.

Banks eye year-end stability on lower bond yields; dividends 'too attractive to ignore' — MBSB

Asian equities rose on Friday morning, tracking gains on Wall Street as dip buyers stepped in following a chip-stock sell-off fuelled by concerns about the artificial intelligence (AI) trade.

Asian stocks advance as chip sell-off eases

A local assembly operation by Chinese carmaker BYD&nbsp;will offer incremental upside to Sime Darby Bhd (KL:SIME) which controls the plant, an analyst said. 
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BYD local assembly offers incremental upside to Sime Darby — analyst

Kepong Member of Parliament Lim Lip Eng has called on the Prisons Department to disclose the conditions governing convicted former prime minister Datuk Seri Najib Razak’s house arrest.

Kepong MP calls for public disclosure of Najib’s house arrest terms

(Oct 15): Is an October Fed hike back on the table? The release of hot headline and core September US inflation figures sent markets into a tailspin on Wednesday, with futures markets at one point showing as much as a ​50-50 chance that the Federal Reserve may raise interest rates again this mont...

Opinion: CoreWeave unravels

Oil prices eased on Friday but were heading for weekly gains on the uncertainty over Middle East supplies and a larger-than-expected crude stocks draw in the US.

Oil heads for weekly gain with Mideast supply risks

The European Union (EU) is preparing to create new trade powers that could completely shut off access to its single market as part of a dramatic new push to cut the trade deficit with China.&nbsp;

EU set to bolster its power to block Chinese imports in trade fight

Singapore Prime Minister Lawrence Wong vowed to investigate firms responsible for fires that have shrouded the city-state in haze for weeks, warning those found culpable could face legal action.

Pasir Gudang in Johor recorded a very unhealthy air pollutant index (API) reading of 207, the highest in the country, while 30 other areas recorded unhealthy readings as of 9am on Friday.

Haze: Very unhealthy air in Pasir Gudang, unhealthy readings in 30 other areas nationwide

Fit-out or refurbishment specialist EGH International Bhd (KL:ECOGRP) is focusing on its expansion into Sarawak and Sabah, while eyeing contracts from the US&nbsp;and Vietnam.

EGH International to focus on expanding business to Sarawak and Sabah

China’s campaign to promote the global use of the yuan appears to be accelerating as the authorities seek to build a more comprehensive financial ecosystem for the currency beyond just trade settlement.

Indonesian stocks suffered their steepest one-day fall in nearly three decades on Friday after MSCI said the country was no longer worthy of "emerging market" status, threatening billions of dollars in capital outflows from Southeast Asia's largest economy.

Indonesia stocks sink most since 1998 after MSCI flags 'standalone' downgrade

Wall Street staged a comeback after losses driven by concerns about the sustainability of the artificial-intelligence trade that has powered the bull market in stocks.

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