Dispelling the notion of the Employees Provident Fund (EPF) turning into a fund that works more for the rich following massive Covid-19 withdrawals, its chief executive officer Datuk Seri Amir Hamzah Azizan cites hard facts about who 80% of its members are.

Double cover: EPF dispels impression it’s a rich man’s club + MAHB on making KLIA great again

Champions or cheats?” That is the question. And it is being asked as the significance of Manchester City’s evisceration of Real Madrid in the Champions League, and fifth English Premier League (EPL) crown in six years, begins to sink in. As brightly as the players have shone on the field, they co...

Business Of Sports: Conundrums of war: Manchester City in power battle for football supremacy

The sovereign debt crisis was high on the agenda at this year’s spring meetings of the World Bank and the International Monetary Fund (IMF), with all eyes on China, the biggest creditor to the developing world, and the International Development Association (IDA), the World Bank’s fund for the poo...

The New Global Economy: Growing out of the developing-country debt crisis

IN March last year, the initial public offering (IPO) of Johor-based integrated dairy producer Farm Fresh Bhd, which raised RM1 billion, including fresh capital of RM301 million, was seen as a breath of fresh air for the local bourse.

Previously, investors who wanted exposure to the con...

Cover Story: Analysts see Farm Fresh as the cream of the crop among dairy stocks 

WHEN Farm Fresh Bhd started with 60 Holstein Jersey cows from Australia at its farm in Johor, nobody would have expected the home-grown dairy product specialist to come this far.

Spearheaded by its co-founder and managing director Loi Tuan Ee, a farmer turned entrepreneur who grew up in...

Cover Story: Farm Fresh moves up the dairy value chain

One of the defining developments of our time is the increasingly fractious relationship between the US and China. No one should underestimate the dangers posed by two nuclear-armed big powers pushing and shoving against each other. That is all the more the case for Southeast Asia, which will be o...

My Say: Is geopolitical turbulence really so bad for our region?

Seven years ago, in April 2016, Malaysia officially signed on to the Paris Agreement to pledge its commitment to achieve carbon neutrality by 2050. But since then, there has been no sight of a definitive road map to achieve this national goal, leading to questions on whether this remains only an ...

My Say: Carbon pricing for our future

What was the RM2.3 bil UEM/Renong transaction 26 years ago that MACC is now investigating? 

MINI-market operator KK Supermart & Superstore Sdn Bhd, which generates about RM1 billion in annual revenue, is weighing the option of floating its shares on Bursa Malaysia, possibly within the next one to three years.

Ahead of the potential listing, the retailer is on an expansion ...

KK Supermart mulls listing, speeds up expansion

ON the evening of Nov 8, 2016, US president-elect Donald Trump and his supporters were celebrating his election win at the New York Hilton in midtown Manhattan. As the results poured in, stock market futures were in free fall because investors were nervous about the incoming president’s policies....

The rise and fall of Wall Street legend Carl Icahn

LOW-profile plastic packaging company Thong Guan Industries Bhd has seen stellar growth in its top and bottom line over the last five years, on the back of increasing demand for premium stretch film in Europe.

The group charted a compound annual growth rate (CAGR) of almost 10% in reven...

Thong Guan expects higher sales amid slow economy 

The term “middle-income trap”, as it applies to Malaysia, was given prominence in 2010 during the tabling of the New Economic Model and the rollout of the Economic Transformation Programme (ETP) under the Najib administration. The purpose of the ETP, according to its 2010 report, was to “lift Mal...

My Say: Escaping the middle-income mindset

New nations, by virtue of being “new”, suffer immediate ontological challenges. Not only does this concern its very existence as an integrated geographical entity, a national economy and a united polity, but also its acceptance by neighbouring countries and big global powers.

And so, on...

Picking On The Present: Why Malaysia always feels more likely to fail than succeed

AFTER decades of relying on the domestic market, the US-China trade war presented Southern Cable Group Bhd (SCGB) a unique opportunity to diversify outside the country.

As a result, the manufacturer of copper and aluminium cables and wires, plastic compounds and wooden cable drums has s...

Southern Cable gains export diversification advantage from US-China trade war

Opec+ discussing deepening oil production cuts, sources say

Surging US megacap stocks leave some wondering when to cash out

Global shares, US yields rise after strong jobs data, debt-ceiling passage

Oil up over 2% after US debt deal and jobs data; focus turns to Opec+

Wall Street ends up on jobs data, debt default averted

Halal certification by Jakim does not cover animal feed

Anwar hopes conglomerates will support development of the arts

Wall St rises after jobs data; debt default averted

Baltic Exchange shipping updates: June 2, 2023

IOI Properties, Sime Darby Plantation, MAB, YTL Power, MR DIY, Southern Score Builders, SMTrack, Rex Industry, Bumi Armada, Yinson, Careplus, Citaglobal and Crest Builder

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